Stocks

Bloomberg The angst about rising trade tensions that’s hit equity markets may presage a prolonged conflict, considering that when it comes to China, the Trump administration may have greater ambitions than just a more advantageous commercial arrangement. While Chinese officials have pressed for a list of specific demands as President Donald Trump prepares to execute measures including tariffs, there may ...

Bloomberg President Donald Trump is touting the virtues of a trade war. In the $5.1 trillion-a-day currency market, the yen has emerged as a clear winner from the escalating rhetoric. The latest move pushes forward the administration’s trade agenda, after it took similar actions on other goods this year and jawboned the dollar lower. The potential hit to US and ...

Bloomberg If you don’t like the weather, wait a few minutes. That’s how it’s been in the 2018 stock market, where the S&P 500 just rebounded from a 1 percent intraday loss for a third time this year. The turnaround followed three consecutive days of 1 percent declines, a stretch not seen since the start of 2016. It’s not just ...

Bloomberg US stocks gave up earlier gains and turned lower as oil tumbled following a government report showed expanding inventories and production in what will soon be the world’s largest source of crude. Treasuries climbed with the dollar. “We’re kind of at an inflection point with oil,” said Tom Anderson, chief investment officer of Boston Private Wealth. “It’s hard to ...

Bloomberg The pound fell to a two-week low against the dollar and UK government bonds rose as the European Union’s chief negotiator warned a Brexit transition period for the UK was not guaranteed. Sterling slipped versus all of its Group-of-10 peers after Michel Barnier’s comments, which followed the publication of the EU’s draft Brexit treaty that saw the bloc ignore ...

Bloomberg US stocks rose, Treasuries fluctuated and the dollar advanced as investors weighed comments by Federal Reserve Chairman Jerome Powell saying the central bank won’t rush to raise rates even though the economy should pick up steam. Powell’s testimony signalled optimism in economy, while data on durable orders fell well short of estimates and the US balance of trade worsened. ...

Bloomberg As Special Counsel Robert Mueller’s investigation into Russian election meddling unfolds, investors should expect stocks to fall on major developments, according to a new index aimed at tracking political risks from the probe. The Mueller Risk Index “suggests that increased risk associated with the Mueller investigation (and by extension, the increased risk of impeachment) may hurt stocks but help ...

Bloomberg US stocks rose to a three-week high, as renewed gains in Treasuries that pushed yields further below 2.9 percent alleviated angst that higher rates would accelerate tightening. The dollar strengthened. The S&P 500 Index climbed for a third day, joining gains in European and Asian equities. Volume was low as investors await the first public comments from Federal Reserve ...

Bloomberg Singapore paved the way for a third derivatives exchange in the city, a month after Deutsche Boerse AG called quits on its ambition for a futures venue in the Asian nation. Asia Pacific Exchange Pte, backed by Chinese investors, has received licenses from the Monetary Authority of Singapore to operate a derivatives exchange and clearinghouse, Chief Executive Officer Eugene ...

Bloomberg Bulls wondering if a rally would ever hold again got an answer on February 23, as a rousing advance in the S&P 500 salvaged the week and nearly erased losses from the worst day of the February selloff. Following three days in which every gain proved ephemeral, the 1.6 percent surge left the benchmark gauge for US equities up ...