Stocks

Bloomberg It looks like the debt crisis days of 2012 all over again for investors, as Italian, Portuguese and Greek bond yields surged and billionaire George Soros warned of an “ existential threat” to the European Union. The trigger was the prospect of anti-EU, nationalist parties in Italy turning a repeat election into a de facto referendum on Italy’s membership …

Bloomberg US equity futures followed Asian shares higher on signals an America-North Korea summit is back on track, but risk appetite waned in Europe as Italy’s political outlook darkened. The region’s stocks and common currency both surrendered gains. S&P 500 futures advanced, as did South Korean stocks, after President Donald Trump appeared to confirm that his June meeting with Kim …

Bloomberg Chaos ruled Italian markets as the nation plunged deeper into political turmoil. Yields on the nation’s two-year bonds surged to the highest in four years in holiday-thinned trading, while stocks slumped for a fourth day as President Sergio Mattarella asked economist Carlo Cottarelli to form a government. Earlier League leader Matteo Salvini said that it made no sense for …

Bloomberg Anyone with a sense of symmetry can appreciate the S&P 500 Index right now. After bouncing all year, the equity benchmark just spent a week sitting at the precise midpoint of this year’s trading range. A perfect 50 percent retracement, in the language of technical analysis. Which is to say, it’s stopped moving — at least for the last …

Bloomberg Traders could be forgiven if flashbacks of the euro zone crisis come back to haunt them as the euro slid to a six-month low and risk premiums on Spanish and Italian bonds soared amid rising political risks. European risk assets took a massive pounding ahead of a long weekend in London as investors fled from riskier bonds, stocks and …

Bloomberg Stocks fell from Tokyo to New York as data cast doubts on growth prospects for the euro area while political tensions increased in North Korea, Turkey and the US Ten-year Treasury yields briefly dipped below 3 percent, while the dollar climbed. The S&P 500 Index dropped for a second day at the highest since March, while the Stoxx Europe …

Bloomberg Chinese stocks slid in Hong Kong and Shanghai amid concern over trade talks with the US and government efforts to cap coal price gains. The yuan neared a four-month low against the greenback, while bonds gained. The Hang Seng China Enterprises Index slumped 2.1 percent at the close, its biggest retreat in seven weeks, while the Shanghai Composite Index …

Bloomberg A degree of risk appetite returned to global markets on Tuesday, with developing-nation stocks and currencies rebounding and Italian bonds climbing. The dollar fell as Treasury yields climbed, and the pound advanced. US equity futures pointed to a higher open and the Stoxx Europe 600 Index nudged upward after the MSCI Asia Pacific gauge eked out a gain in …

Bloomberg While locals in Malaysia cheer the ouster of the Barisan Nasional coalition for the first time since independence, foreign stock investors are voting with their feet. Foreign inflows into the local stock market of $937.8 million were wiped out as concern remains on how the new coalition party under 92-year-old PM Mahathir Mohamad will continue economic growth. As of May …

Bloomberg US stocks surged and the dollar strengthened against most major peers and as the Trump Administration sought to deescalate a trade rift with China. Treasury yields climbed as havens such as the yen and gold tumbled. All major equity gauges were higher led by strength in technology companies. The greenback rose after Treasury Secretary Steven Mnuchin said that the …