Stocks

US stocks advance, bonds fall as earnings eyed; Treasuries slide

Bloomberg US stocks rallied and Treasuries slid with oil as geopolitical tensions eased and investors turned their attention to corporate results. The S&P 500 Index padded last week’s gain after there was no immediate reprisal to US, France and the UK’s missile attack in Syria and the trade spat cooled. Treasury yields edged to the highest in three weeks, while ...

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Dollar falls with reduced Syria anxiety

NEW YORK / Reuters The dollar fell broadly on Monday on hopes that a US-led strike on Syria would not escalate, rekindling some appetite for stocks and other risky assets and spurred investors to reduce safe-haven holdings of the greenback. Government data that showed a rebound in US store sales in March failed to lift the dollar which has been ...

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Oil may be about to jump

Bloomberg Oil prices, already at more than three-year highs, may be about to jump further. And, to JPMorgan Chase & Co., crude-related assets are starting to look attractive. Brent oil could spike to $80 a barrel if the US and European Union reimpose sanctions on Iran and as Western powers expand the scope of the Syrian civil war, JPMorgan strategists, ...

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Donald Trump’s Syria tweets shake stocks, boost Treasuries

Bloomberg US stocks fell and Treasuries rose as global financial markets turned cautious amid rising tension in the Middle East and renewed political discord in America. The dollar stayed lower as a key gauge of inflation accelerated. All major equity indexes were lower after President Donald Trump’s provocative comments about Russia and his warning that America’s preparing to attack Syria. ...

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Egypt surges on real estate merger talks

Reuters Egyptian real estate stocks surged on Wednesday after two big companies in the sector said they might merge, while Saudi Arabia fell sharply after US President Donald Trump threatened imminent military action in Syria. In Egypt, the stock index gained 1.4 percent as SODIC jumped 5.5 percent to a 10-year closing high and Madinet Nasr for Housing and Development ...

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Stocks rally as trade tiff eases; Treasuries slip with dollar

Bloomberg Stocks surged on Tuesday following conciliatory remarks from Chinese President Xi Jinping aimed at releasing some pressure from a trade dispute between the world’s biggest economies. Treasuries fell with the dollar. All major US equity indexes were up more than 1.4 percent after Xi said Cold War and zero-sum mentalities were “out of place,” and backed free trade and ...

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Worst-performing Swedish krona seen gaining in turnaround

Bloomberg The krona is the worst-performing major currency this year. That may be about to change. Sweden’s krona should recover from this month’s eight-year low of 10.35 per euro as factors that have weighed, such as weaker-than-forecast inflation, are either already priced in or will improve, according to SEB AB. The bank sees it appreciating to 9.80 per euro by ...

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US stocks rise with China’s Xi expected to calm tensions

Bloomberg US stocks climbed with Asian equities as investors looked to China’s President Xi Jinping to calm a trade dispute between the world’s two largest economies. Treasuries fell with gold. The S&P 500 Index rose after last week’s 1.4 percent tumble, and strength in semiconductors, software and technology hardware pushed the Nasdaq 100 Index and Nasdaq Composite Index up more ...

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With NSE sidelined, shares of India exchanges stagger

Bloomberg India’s dominant stock venue is unable to list its shares due to a regulatory probe. For the last six months, investors probably wished the country’s other exchanges never went public, either. Multi Commodity Exchange of India Ltd. fell the most among all global exchanges in the past six months, declining 29 percent. BSE Ltd., which trades stocks and currency ...

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Oil rises most in two weeks

Bloomberg Crude climbed by the most in more than two weeks amid a weaker dollar and easing concern that a trade war will break out between the US and China. Futures jumped as much as 1.6 percent in New York as the dollar dipped, boosting oil’s appeal as a store of value. As investors evaluate the ongoing tensions between US ...

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