Stocks

Bloomberg US equities were mixed in early trading as investors digested the latest raft of earnings, and before key trade talks between America and the European Union. The dollar declined against most of its major peers. The S&P 500 Index was little changed on Wednesday, while the Dow Jones Industrial Average declined amid lower-than-average volume. Coca-Cola’s results beat forecasts, while ...

Bloomberg Cryptocurrency enthusiasts may turn out to be their own worst enemy when it comes to an exchange-traded fund backed by Bitcoin. The largest virtual currency has soared about 40 percent to more than $8,000 since the start of July as speculation mounts that a Bitcoin ETF could be approved by the US Securities and Exchange Commission within weeks. It’s ...

Bloomberg US equities climbed along with European stocks as positive earnings reports boosted investor sentiment, and China’s efforts to support its economy spurred interest in higher-risk assets across Asia. The S&P 500 Index opened higher on Tuesday, as the likes of Boeing and Verizon climbed on strong results. Google parent Alphabet anchored a big leap in tech stocks after beating ...

Bloomberg The pound rose to a one-week high against the dollar after UK Prime Minister Theresa May said she will take control of Brexit talks, as investors bet on a softer exit from the EU. Sterling climbed as much as 0.4 percent to $1.3159, the highest level since July 17, after May said she will lead Brexit negotiations, relegating the ...

Bloomberg US and European stocks dropped on Monday as investors digested warnings from the world’s financial leaders about the impact of protectionism on growth. Oil climbed amid tension between the US and Iran. The S&P 500 Index declined, pulled down by tech and industrial shares. Treasuries slipped while the dollar held steady. The Stoxx Europe 600 Index edged lower after ...

Bloomberg Indian stocks advanced to a record after India slashed taxes on a slew of products and Prime Minister Narendra Modi defeated a no-confidence vote in the Parliament. The S&P BSE Sensex rose 0.6 percent to 36,718.60 in Mumbai. State and federal lawmakers cut goods and services taxes on more than 50 products, while the defeat of the opposition-led motion ...

Bloomberg European equities retreated at the open as Fiat dropped on the news of a change in chief executive and as investors considered President Donald Trump’s new tariff threats. The Stoxx Europe 600 Index declined 0.3 percent, with the automakers and travel sectors pacing the retreat. Fiat Chrysler Automobiles NV fell 4 percent after Mike Manley was named CEO to ...

Bloomberg It may not be obvious amid the screaming headlines — about currency manipulation, Fed jawboning, Russia summit, yuan weakening, etc. — but US stocks continue their low-volatility, bull-market grind higher. The 2,800 level on the S&P 500 has been bested three sessions in a row on a closing basis — and is on pace for a fourth. That level ...

Bloomberg Egypt is considering adding companies to the list of state-run firms in which investors can secure majority stakes as it readies to launch a programme aimed at reviving the battered public sector. The government is planning to start with the sale of Heliopolis Housing and Eastern Tobacco in October, Public Enterprise Minister Hisham Tawfik said. So far, however, a ...

Bloomberg US equities mostly edged lower as shares of slumping energy and technology companies offset gains in financials after Morgan Stanley earnings beat forecasts. European shares advanced after a mixed session in Asia. The Nasdaq Composite Index dropped from a record high as Google parent Alphabet Inc. faced a $5 billion fine and Twitter was downgraded. The dollar strengthened as ...