Stocks

Bloomberg Soapmaker and real-estate stocks have taken over a rally that used to be led by social networks and smartphone makers. Companies with stable earnings and dividends have shepherded gains in November, the first time this year that the two best-performing industries are defensive ones. So, while this looked like just another week in the bull market, it was actually …

Bloomberg The cautious tone that swept into markets in recent days persisted, as equities fell around the world and bonds advanced with gold. The latest inflation data in the US did little to change views on Federal Reserve policy. The S&P 500 Index fell for the fourth time in five days, as new obstacles emerged to the US overhauling taxes. …

Bloomberg US stocks joined declines in global equities, with materials producers under pressure amid a selloff in commodities. The dollar weakened versus the euro after strong growth in Germany bolstered the common currency. S&P 500 Index fell for the third time in four days. Data showing Chinese growth is slowing sparked commodity declines that hit equities in Asia. The euro’s …

Bloomberg US stocks fluctuated as a global risk-off tone pushed Treasuries and the dollar higher. The pound weakened amid renewed political pressure on UK PM Theresa May. The S&P 500 Index was mixed as consumer shares pulled the measure up from its session lows. Sovereign bonds advanced, led by British gilts. The sterling slid against all G-10 peers after a …

Bloomberg In the eyes of Morgan Stanley, bond traders would be wise to remember November 15. That’s when the Labor Department releases October inflation data, the final reading of the consumer price index before the Federal Open Market Committee begins its two-day meeting next month. Officials are widely expected to raise interest rates again, with the market pricing in a …

Bloomberg The stock market actually can go down. US equities posted the first weekly loss in more than two months as investors turned leery after congressional Republicans made little progress in passing tax cuts. Shares that would benefit most from a lower levy burden led declines, though selling spread to economically sensitive stocks as credit markets flashed warnings signs about …

Bloomberg Stocks fell with the dollar and Treasuries climbed as investors questioned the likelihood of Congress passing President Donald Trump’s fiscal agenda soon, particularly in light of a repudiation in Tuesday’s US elections. Oil slid for a second day. The S&P 500 Index and Dow Jones Industrial Average were lower, dragged down by financial firms. European shares slipped following disappointing …

Bloomberg After outshining some of Wall Street’s biggest and best this year, trading results at France’s largest banks are crashing back to earth. Leading the declines were Credit Agricole SA and Societe Generale SA, which both posted a revenue slump of about 25 percent, while BNP Paribas SA’s earnings from all trading activities—including bonds, equities and currencies—fell 15 percent. Only …

Bloomberg US stocks gained while the dollar strengthened and Treasury yields nudged higher as President Donald Trump called on North Korea to “make a deal” on its missile and nuclear programme. European stocks fluctuated near a two-year peak and Asian markets hit records. The S&P 500 Index opened higher along with the Dow Jones Industrial Average and Nasdaq 100 Stock …

Bloomberg It’s one step forward, two steps back for bond volatility. Bank of America Merrill Lynch’s MOVE Index, a gauge of price swings in the US Treasury market, fell to a record low, bucking last month’s uptrend. Renewed expectations that the Federal Reserve will stay the course on monetary policy in the midst of a leadership transition and the unveiling …