Bloomberg US equity futures slipped on Wednesday alongside European stocks as the rebound in global shares struggled for momentum. Oil declined, while Treasuries advanced with German bonds. Contracts on the S&P 500, Dow and Nasdaq all swung from a gain to a loss, though Alibaba’s US-listed shares bucked the trend, rising in pre-market trading after beating estimates. The Stoxx Europe ...
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China stocks rally after data miss strengthens ‘economic stimulus’
Bloomberg China’s stocks rose, as traders speculated Beijing will consider more measures to support the economy after data showed weaker-than-expected growth in April. The CSI 300 Index jumped 2.3% at the close, though volume in the gauge was about 35% lower than the 30-day average at this time of day, signalling little conviction in the gains. The offshore yuan was ...
Read More »S&P 500 futures and Europe stocks jump; havens dip
Bloomberg US equity futures rose alongside European stocks on Tuesday, shrugging off losses in Asia as investors assessed the prospects for global trade in the wake of a brutal start to the week for markets. Haven assets including Treasuries, gold and the yen slipped. Contracts on the S&P 500, Dow Jones Industrial Average and Nasdaq 100 indexes all rallied after ...
Read More »Dubai stocks, top gainer in just a day
Bloomberg Investors in Dubai’s equities might be feeling whiplash after the main index became the biggest gainer in back-to-back sessions, in response to shifting news on regional tensions and local stocks’ presence in global benchmarks. The DFM General Index advanced 3.5% on Tuesday, gaining more than any other major market tracked by Bloomberg. The Tuesday revival was sparked by MSCI ...
Read More »India’s Sensex advances to snap losing streak
Bloomberg Indian stocks advanced, snapping their longest stretch of losses since February, as some investors felt nine days of declines to be excessive. The S&P BSE Sensex climbed 0.6% to 37,318.53 in Mumbai after falling as much as 0.4% earlier in the session. That avoided the longest ever losing streak for the benchmark gauge. The NSE Nifty 50 Index gained ...
Read More »Stocks slump, dollar gains as trade talks deadlock
Bloomberg US equity futures slumped and stocks declined across Europe and Asia as investors prepared for the next phase of the escalating trade war between America and China. The yuan tumbled, while Treasuries rallied. Contracts on the S&P 500, Dow Jones Industrial Average and Nasdaq 100 indexes all slid, pointing to a big drop at the US open, as President ...
Read More »India Sensex falls to two-month low
Bloomberg India stocks plunged in a last-hour selloff as investors weighed positions ahead of the national election results due next week and as escalation in the trade war between the US and China remained an overhang on the region’s risk assets. The S&P BSE Sensex dropped 1 percent, after fluctuating between gains and losses for most of the session. The ...
Read More »Trade-war scenarios force investors to rewrite playbook
Bloomberg All it took was two lunchtime tweets, sandwiched between posts complaining about the results of the Kentucky Derby and another gripe about “Angry Democrats,†for investors around the world to rip up their playbooks for 2019. What has replaced those playbooks now that US President Donald Trump has made good on his Twitter threats to boost tariffs on $200 ...
Read More »Bitcoin’s first $1,000 weekend since 2017 marks 9-month high
Bloomberg Bitcoin surged more than $1,000 this weekend to the highest level since August, as cryptocurrencies extended their rebound from a slump last month amid the New York attorney general’s investigation of a key part of the market. Bitcoin rose as much as 6.9 percent to $7,445, before trading at $7,323.86 in Hong Kong on Sunday, according to Bitstamp. All ...
Read More »Stocks extend global slide as trade worries simmer
Bloomberg The global stock selloff triggered by worries over the outlook for trade extended into a third day, with US equity-index futures and European shares tracking declines across Asia. The pound slipped as hopes for a Brexit breakthrough faded. Contracts for the S&P 500, Nasdaq 100 and Dow Jones Industrial Average had been stable for much of the European morning, ...
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