Stocks

BLOOMBERG Stock futures rose and bond yields wavered after data showing labour-market softening reinforced speculation the Federal Reserve will have room to skip an interest-rate hike in September. After swinging between gains and losses, S&P 500 contracts pushed higher. Treasury two-year yields, which are more sensitive to imminent Fed moves, were little changed alongside the dollar. US employment increased at ...

BLOOMBERG London Stock Exchange (LSE) Group Plc shares had their worst fall of the year after the firm reported slowing growth in subscription revenue, even as it said income will rise at the high end of its guidance during 2023. The bourse reported adjusted operating profit of £1.4 billion ($1.8 billion) for the first half of the year, compared with ...

BLOOMBERG Treasuries deepened a selloff, driving the 10-year yield to a nine-month high, and equities slumped as investors grew increasingly worried about rising borrowing costs. European stocks fell 0.8% and US equity futures contracts signaled that the S&P 500 will extend on August 2 losses. The dollar strengthened for a fourth day. Bill Ackman, founder and chief executive officer of ...

BLOOMBERG Chinese equities have staged a sharp rebound as Beijing makes the right noises on the policy front, and some key market indicators are pointing to more gains. Bullish technical formations, an improving earnings outlook and rising inflows augur well for stocks after key gauges in Hong Kong and the mainland capped their biggest monthly rally since January. While equities ...

BLOOMBERG The stocks rally that catapulted the S&P 500 to a 16-month high lost momentum after a flurry of companies reported disappointing earnings. BMW AG dropped more than 6% after warning about higher costs for developing electric cars, while logistics giant DHL Group gave a profit guidance that missed analyst estimates. ZoomInfo Technologies, which makes business software, plunged 20% in ...

BLOOMBERG Strategists at Morgan Stanley and Goldman Sachs Group Inc see the Bank of Japan’s tweak of yield-curve control as providing clarity that will support further gains in the nation’s equity market. Opportunities are “now even clearer,” Morgan Stanley strategists including Daniel Blake wrote after the the BOJ adjustment to allow the yield on 10-year bonds to trade as high ...

BLOOMBERG Global equity markets struggled for direction as traders parsed the latest commentary from central bankers for clues on the path for interest rates.  At the start of another busy week of earnings, Heineken NV slumped as much as 6.4% after the Dutch brewer reduced its earnings forecast. Apple Inc and Amazon.com Inc are among companies reporting in the coming ...

BLOOMBERG China’s markets regulator has consulted securities firms for possible measures to boost stocks amid growing signs Beijing is seeking to restore investor confidence, people familiar with the matter said. The China Securities Regulatory Commission convened a meeting with select brokerages to solicit their feedback, the people said, asking not to be named discussing a private matter. Among measures proposed ...

BLOOMBERG US stocks futures rallied after strong earnings from Intel Corp, while Asian bonds retreated after Japan surprised investors by loosening its control of market rates. Contracts on the Nasdaq 100 rose as much as 0.8%, with Intel surging 8% in premarket trading as the chipmaker gave a bullish revenue forecast. Advanced Micro Devices Inc and Nvidia Corp added more ...

BLOOMBERG Global equities surged on Thursday and the dollar retreated, as investors wagered the Federal Reserve has reached the end of its 16-month long policy-tightening cycle. The Stoxx Europe 600 index rose 1%, with almost all sectors gaining, and US futures pointed to a strong session on Wall Street. Contracts on the tech-heavy Nasdaq 100 were up 1.1%. The moves ...