Stocks

Bloomberg Stock investors have stopped heeding the increasingly skeptical message of Wall Street earnings forecasters. Maybe everyone should. Pessimism of any type is starting to look like a misjudgment in the stock market of 2019, a year with a shot at becoming one of the best in decades. The S&P 500 has surged for four straight weeks, closing at a ...

Bloomberg It’s old, but it’s not slowing down. A bull market that traces its lineage to the depths of the financial crisis is revving up again, notching its fourth straight weekly gain and pushing its advance in 2019 past 22%. After wavering at mid-year amid a US-China trade war and recession anxieties, American stocks are back in melt-up mode, ending ...

Bloomberg US equity-index futures drifted alongside stocks in Europe on Wednesday while Asian shares were mixed as markets largely entered a holding pattern in the countdown to the Federal Reserve’s policy decision. Treasuries reversed a small gain and the dollar erased a decline as growth data for the world’s largest economy beat expectations. Contracts on all three main American equity ...

Bloomberg Just when UK equities were starting to look good on receding Brexit uncertainty, a general election comes along that could make or break the market. After being long-time market pariahs, British stocks have been slowly gaining favour from both the buy and sell sides in recent weeks. An exchange-traded fund tracking UK mid-caps enjoyed record inflows, UBS Global Wealth ...

Bloomberg US index futures drifted lower and European stocks dropped as investors awaited a possible Federal Reserve interest-rate cut and some of the season’s biggest corporate earnings. Treasuries edged higher and most European bonds rose. Contracts on the S&P 500 nudged down a day after the US equity benchmark hit a record, and ahead of results from drug giants Pfizer ...

Bloomberg Indian stocks rose on optimism that companies have weathered the worst of an economic slowdown. Tata Motors Ltd surged for a second session after posting earnings that beat expectations. The S&P BSE Sensex climbed 1.5% to 39,831.84 at the 3:30 pm close in Mumbai. The NSE Nifty 50 Index advanced 1.4%. Sentiment is improving as companies report business wasn’t ...

Bloomberg US index futures climbed while stocks in Europe struggled for traction at the start of a week in which big corporate earnings continue to roll in and the Federal Reserve is expected to cut interest rates. Treasuries dropped, pushing the 10-year yield to a six-week high. Contracts on the S&P 500 edged higher after the underlying gauge climbed near ...

Bloomberg Argentina tightened currency controls after the opposition’s Alberto Fernandez won the presidential elections. The central bank will restrict dollar purchases by savers to buy just $200 per month compared with the $10,000 per month previously, according to a central bank statement. The move looks to preserve international reserves during the political transition which will culminate in the handover on ...

Bloomberg UK retailers built up stocks by the most since the 1980s in anticipation of leaving the European Union at the end of the month, a report from the Confederation of British Industry (CBI) showed. The proximity to Christmas and ongoing Brexit uncertainty are the main drivers, the CBI said. Retail sales volumes and orders fell in the year to ...

Bloomberg Beneath the din of earnings, clanging economic alarms and the blare of a political circus, US investors are quietly rediscovering their nerve. With the S&P 500 just touching a record, it may sound odd to suggest there was a lack of confidence to begin with. But gains this year have been built on caution as investors chased the safest, ...