Stocks

BLOOMBERG A gauge of China tech shares traded in Hong Kong closed just shy of entering a technical bull market over expectations of further stimulus for the nation’s flagging economy. The Hang Seng Tech Index climbed 2.9%, extending gains from a May low to 19.7%. While shares had been lifted in recent months thanks to easing regulatory constraints and stimulus ...

BLOOMBERG Global equities struggled on Wednesday as investors braced for more policy-tightening from the Federal Reserve, even as results from some of the biggest European and American companies hinted at a softening economy. The European benchmark fell, snapping six days of gains. LVMH slumped as much as 4.5%, dragging the luxury-goods sector lower, after Europe’s biggest company provided further evidence ...

BLOOMBERG Chinese stocks resumed declines on Wednesday, underscoring the need for authorities to act quickly for the market to sustain the sharp rebound seen after policymakers’ latest pledges to revive the economy. The Hang Seng China Enterprises Index, which tracks major Chinese companies listed in Hong Kong, dropped 0.8% after surging 5.3% in the previous session. A Bloomberg Intelligence gauge ...

BLOOMBERG Equity markets edged higher in cautious trade on Tuesday, hemmed in by risks including upcoming company earnings and the outcome of this week’s central bank meetings. The Stoxx Europe 600 rose after a shaky start, while contracts on the Nasdaq 100 index gained as much as 0.4%, following a weak session following a reweighting of constituents. Investors appear unwilling ...

BLOOMBERG The crypto market’s once-handsome 2023 lead over stocks is cracking as Bitcoin holds a retreat below $30,000. The year-to-date climb in a gauge of the top 100 digital tokens has cooled to 46%, not far above a 41% jump in the Nasdaq 100 Index of tech stocks. Hype over artificial-intelligence products has boosted the equity measure, which briefly topped ...

BLOOMBERG The market for yen bonds from global firms is hotter than it’s been in years, providing money managers with an oasis as rates volatility soars. Investors have scooped up yen debt from issuers outside Japan, fueling the busiest July since 2018. Deals have included Canada’s Toronto-Dominion Bank, Korea Investment & Securities Co and France’s BPCE SA, which priced the ...

BLOOMBERG European bonds gained and the euro plunged versus the dollar after a sharp decline in manufacturing and services gauges from the common-currency region fanned concerns about the faltering global economy. Stocks were lackluster at the start of a week packed with major central bank policy decisions and corporate earnings, as investors fretted about the magnitude of further interest rate ...

BLOOMBERG European stocks gained, erasing an earlier decline, as Anglo American Plc helped lift the gauge while investors digested a slew of earnings reports. The Stoxx 600 Index gained 0.3% by on Thursday, with the basic resources sector leading gains, while tech stocks missed after Taiwan Semiconductor Manufacturing Co cut its outlook. Anglo American gained after the precious metals miner’s ...

BLOOMBERG A slide in tech behemoths soured the mood on Thursday as disappointing earnings cast doubt on the pillars of a record first-half for the Nasdaq 100 this year. Futures on the Nasdaq 100 fell 0.7% with Netflix Inc set for its biggest intraday decline since December after missing sales estimates and projecting third-quarter revenue that fell short of Wall ...

BLOOMBERG Domestic institutional investors are on track for their biggest monthly exodus from Indian stocks in two-and-a-half years, another warning sign on the longevity of the record rally in the $3.7 trillion market. Local funds, insurers and banks have sold a net $1.1 billion worth of shares so far in July, the most since February 2021, according to data compiled ...