Stocks

Bloomberg Stock markets in Abu Dhabi, Kuwait, Bahrain and Egypt advanced, while those in Saudi Arabia and Oman retreated as investors wait for earnings season to build up. “Earnings are back on the radar, and volume of trade in general could pick up as the bigger names start announcing their results,” said Issam Kassabieh, senior financial analyst at Mena in ...

Bloomberg Financial regulators must act fast to prepare for the push by US tech giants such as Facebook Inc into the financial system, according to European Central Bank Executive Board member Benoit Coeure. “It’s out of the question to allow them to develop in a regulatory void for their financial service activities, because it’s just too dangerous,” Coeure said in ...

Bloomberg US stocks advanced to fresh records in thin trading ahead of a holiday. The rally in global bonds extended as investors weighed the prospect of more dovish appointees to two of the world’s major central banks. Ten-year Treasury yields dipped to the lowest since November 2016 on rising market bets that the Federal Reserve will cut rates this month. ...

Bloomberg Most Indian equities advanced and key indexes eked out gains ahead of the federal budget due on Friday. Investors are counting on the government to provide stimulus for an economy growing at its slowest pace in several years. The benchmark S&P BSE Sensex added 0.1 percent to 39,839.25 in Mumbai, after fluctuating between a gain of as much as ...

Bloomberg US stocks fluctuated near all-time highs and Treasuries were little changed as attention turned to a slew of data later in the week that will influence the Federal Reserve’s policy path. The dollar weakened. The S&P 500 was little changed in the last full day of trading before an early close on July 3 and Thursday’s holiday. Data on ...

Bloomberg Indian equities extended gains to a second day ahead of a federal budget due later this week that will give an indication of the government’s commitment to providing stimulus for a slowing economy. The advance was led by energy stocks, while drugmakers declined. The benchmark S&P BSE Sensex climbed 0.3 percent to 39,816.48 at the 3:30 pm close in ...

Bloomberg US stocks rallied to all-time highs after a trade truce with China, though gains eased after measures of manufacturing activity showed growth slowing in the world’s largest economy. Gold, the yen and Treasuries all retreated. The S&P 500 surpassed its intraday record, with chipmakers surging after President Donald Trump agreed to ease a ban on American companies supplying Chinese ...

Bloomberg Germany’s DAX Index is starting the second half of the year with a bang as the benchmark is set to enter a bull market. The gauge rose as much as 1.8 percent in the first hour of trading on Monday, bringing the total gain to 22 percent since a closing low on December 27. The guage is up 1.5 ...

Bloomberg The dollar fell against the yuan and commodity-related currencies in Asia-Pacific trading on Monday after the US and China backed down from threats to escalate their trade war. Haven currencies weakened. The yen and Swiss franc, which tend to act as refuges in times of market distress, declined against the greenback, while the Australian dollar — a proxy for ...

Bloomberg Many are expecting a relief rally after the world’s largest economies declared a truce in their trade war. In Asia, the sector that just won the biggest reprieve is tech stocks. President Donald Trump’s decision to allow US corporations to resume sales to Huawei Technologies Co, China’s largest telecommunications-equipment maker, will boost semiconductor stocks as concerns surrounding demand for ...