Stocks

Bloomberg The dollar snapped its longest losing streak since September and US stocks climbed to record highs for a second consecutive day ahead of the release of minutes from the Federal Reserve’s December policy meeting. The Standard & Poor’s 500 Index rose past 2,700 for the first time, while the Nasdaq Composite Index also reached a record as a report ...

Bloomberg The dollar weakened against most of its G-10 peers, US stocks rose and Treasuries fell in the first official day of trading in 2018. European stocks started the year in the red, failing to capitalise on a positive Asian session as the strength of the region’s common currency weighed on exporters. The Standard & Poor’s 500 Index opened higher ...

Bloomberg And just like that, the year in which we learned to live with late night Twitter rants from a US president, record-high stock prices and the bitcoin bubble comes to a close. As we enter 2018, steadily rising assets and diminishing volatility have become the norm, global growth remains strong, and optimism prevails across asset classes. Yet now isn’t ...

Bloomberg US technology shares slipped on speculation Apple Inc.’s phone sales will fall short of estimates, with trading volumes thin on the day after Christmas. Oil jumped after reports of a pipeline explosion in Libya. The Nasdaq Composite Index fell while the S&P 500 edged lower, with Apple and some of its suppliers among the worst performers. Energy shares rallied ...

Bloomberg The US dollar and Russia’s ruble advanced in thin trading on a day when most markets worldwide are closed for a holiday. Saudi Arabian shares declined for a third straight day, with volume at 30 percent below the gauge’s 30-day average. Turkish stocks rose to the highest level in about seven weeks on a closing basis, while equities in ...

Bloomberg Bitcoin rebounded along with most of the major cryptocurrencies, halting a four-day tumble that drew worldwide attention to the unregulated $500 billion market that’s frequently called a bubble. The double-digit bounceback was strongest with second-tier digital coins. Bitcoin cash soared 21 percent and litecoin gained 12 percent as cryptocurrency traders regained optimism. They weren’t put off by comments published ...

Bloomberg US stocks fluctuated near record highs while Treasury yields climbed to a nine-month peak as the Republican tax overhaul moved closer to passage. The S&P 500 Index gave up early gains on Wednesday, pulled down in part by consumer stocks. Core European bond yields followed Treasury rates higher, with European Central Bank asset purchases for the year ending on ...

Bloomberg US equity markets fell in lighter-than-usual trading as investors waited for lawmakers to vote on tax cuts in the world’s largest economy. Treasuries declined while the dollar rose. The S&P 500 Index dropped after prospects for passing the tax plan had sparked a two-day rally of almost 1.5 percent that took the benchmark within a whisker of 2,700 for ...

Bloomberg Stocks kicked off the penultimate week of the year on a positive note after Republicans reached an agreement on the shape of US tax cuts. The dollar dropped and Treasuries headed lower. The S&P 500 Index rose to new highs Monday, and the KBW bank index rose to its highest since October 2007, as investors focussed on the progress ...

Bloomberg Pound traders are about to get their first insight into how the currency may fare in the next phase of the Brexit talks as negotiators move on to the potentially more complicated stage of discussing trade. Sterling may be vulnerable as UK Prime Minister Theresa May meets with her cabinet ministers on Tuesday to begin mapping out what they ...