Stocks

Bloomberg US equity futures fell with European shares as fresh concern about Italy’s defiance of EU officials added to an already gloomy mood across stocks, with those in China tumbling after a one-week vacation ended. The dollar rose as Treasuries took a holiday before a busy week of debt sales. Oil companies and banks led the Stoxx Europe 600 Index ...

Bloomberg If the Federal Reserve tightens US monetary policy too far, investors in the bull market’s biggest winners will feel the pain first, according to Bank Julius Baer & Co. That’s tech stocks. Strong economic growth will encourage the Fed to keep raising interest rates, even if the tightening sucks out more liquidity than financial markets can tolerate, said Yves ...

Bloomberg If there’s one thing the prophets agree on, it’s that the end will come in the bond market. Even for stocks. Prophesies of doom are everywhere. There’s billionaire investor Stan Druckenmiller, who says our “massive debt problem” will ignite a crisis. Oaktree Capital’s Howard Marks warns that public and private debt will be “ground zero when things next go ...

Bloomberg Municipal bonds suffered their worst week since early February, but the real test of the market lies ahead: Will slow-to-react individual investors pull their money out in droves, as they have during previous downturns? Individuals, who own more than half of all state and local governments bonds directly or through mutual funds and don’t follow the minute-by-minute movement of ...

Bloomberg US stocks rose towards records and the dollar gained after upbeat private jobs data bolstered confidence in the world’s largest economy. European assets firmed on news the Italian government may rein in spending. The S&P 500 Index headed for a record close as technology and financial shares advanced. Italian debt jumped after four days of selling and the Stoxx ...

Bloomberg For some Philippine money managers, it’s still too soon to scoop up shares in the world’s worst-performing stock market. As the Philippine Stock Exchange Index dipped below 7,100, taking its valuation to its lowest level since January 2016, Metropolitan Bank & Trust Co. is among the firms that’s staying on the sidelines. John Padilla, the head of equities at ...

Bloomberg A downbeat mood settled over markets on Tuesday, as fears surrounding the populist Italian government’s fiscal plans topped a list of reasons for caution. US equity futures tracked losses across Europe and Asia, the euro dropped a fifth day, and Treasuries and bunds advanced. Contracts for the S&P 500, Nasdaq and Dow Jones indexes all followed the Stoxx Europe ...

Bloomberg After a rally from mid-August gave way to another sell-off through early September, emerging-market investors would be forgiven for being wary of new signs that calm is returning. But with the dollar struggling to make headway and equity valuations in the developing economies near the lowest this year, the scene may be set for more gains. So say commentators ...

Bloomberg Another rotation to value has been snuffed out. Bets that the market’s winners will keep winning and that quickly-expanding firms will outperform are once again trouncing a market-neutral portfolio that effectively buys inexpensive stocks and shorts pricier ones. The US momentum and growth factors are at multi-year highs relative to value after lagging for a small stretch in mid-September. ...

Bloomberg US stocks rose towards records and the dollar slipped with Treasuries after negotiators agreed to a new version of the Nafta trade pact. The Canadian dollar and Mexican peso gained. The S&P 500 Index climbed on the first day of the fourth quarter. General Electric Co. surged after replacing its chief executive, while Tesla Inc. rallied after Elon Musk ...