Stocks

Bloomberg Stocks in Europe edged higher after a rally in Asia drove the region’s shares to their highest level since October amid optimism over China’s economy and trade talks. Commodities from oil to copper jumped. The Stoxx Europe 600 edged up following a choppy morning as gains by telecommunications companies offset declines in carmakers, after President Donald Trump received a …

Bloomberg Indian equities declined, skipping a global rally, as investors assessed the nation’s retaliation to a deadly attack on its defense forces last week. Four security personnel and two militants were killed in the Indian army’s military encounter in Kashmir. The benchmark S&P BSE Sensex fell 0.9 percent to 35,498.44 at the 3:30 pm close in Mumbai, capping an eighth …

Bloomberg In the wake of last month’s Federal Reserve gathering, traders have been left with as many questions as answers when it comes to the fate of the central bank’s balance sheet. Next week may finally provide some clues on where the runoff goes from here. The holiday-shortened week will be light on economic data but heavy on Fed signals. …

Bloomberg The debate over the trajectory for corporate profits reached a crescendo this week, with two widely followed Wall Street strategists clashing over whether an earnings recession is imminent. Just days after Morgan Stanley’s Mike Wilson announced the S&P 500 profits would turn negative for the first six months of 2019, Brian Belski at BMO Capital Markets said such fears …

Bloomberg Stocks extended gains around the globe on Wednesday after President Donald Trump signaled a more conciliatory stance towards China, fueling hopes of a breakthrough in the trade war when talks get underway later in the week. The dollar edged higher along with Treasuries. Futures on the S&P 500, Nasdaq and Dow Jones climbed as investors awaited earnings reports from …

Bloomberg Beijing is walking a tightrope between reviving its downbeat equity market and engineering another bubble. China’s securities regulator has started to remove many of the curbs designed to keep out speculators, signaling an end to the highly restrictive era that started when a boom in the country’s stocks turned to bust in 2015. The result has been an intensifying …

Bloomberg Stocks across Europe and Asia advanced and US futures rose after news emerged of a tentative deal among American lawmakers to avert another government shutdown. Treasury yields climbed. Carmakers led the advance in the Stoxx Europe 600 Index, while contracts on the Dow, Nasdaq and S&P 500 all pointed to a firmer open. The dollar held on to most …

Bloomberg Investors with $515 billion surveyed by Bank of America Merrill Lynch aren’t convinced by the new-year equity rally and prefer cash to stocks. Global equity allocations in February fell to the lowest level since September 2016, according to BofA, even as the MSCI All Country World Index is up almost 8 percent in 2019. That indicates a deep lack …

Bloomberg Plus500 Ltd., sponsor of Spanish soccer team Atletico Madrid, plunged after the broker revealed how much it has cushioned the blow of new rules with profits from customers’ bad wagers. It also warned 2019 earnings will take a hit. The London-traded company recorded a $56 million trading gain by taking the other side of clients’ bets during the fourth …

Bloomberg US equity futures climbed with stocks in Europe at the start of a week that could be pivotal for the global trade outlook. The dollar strengthened for an eighth day. Contracts on the S&P 500 reversed earlier declines and the Stoxx Europe 600 Index gained as investors looked ahead to high-level trade talks this week between Chinese Vice Premier …