Stocks

Bond traders start to see crack in Fed’s resolve about inflation

Bloomberg Traders are about to find out just how worried Federal Reserve officials are about the outlook for inflation. The depth of that angst has ramifications for the US bond market’s dominant trend: the flattening yield curve. Fed Chair Janet Yellen and the nominee to succeed her, Jerome Powell, lead a busy lineup of central bankers speaking this week. They ...

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Amazon’s Bezos fortune hits $100bn on ‘Black Friday’

Bloomberg Jeff Bezos is the world’s newest $100 billion mogul. The Amazon.com Inc. founder’s fortune is up $2.4 billion to $100.3 billion, as the online retailer’s shares jumped more than 2 percent on optimism for Black Friday sales. Online purchases for the day are up 18.4 percent over last year, according to data from Adobe Analytics, and investors are betting ...

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Egypt’s stock traders remain unfazed

Bloomberg Holders of Egyptian stocks seem to have developed thick skin. The benchmark index rose 0.8 percent in Cairo on Sunday even after more than 300 people were killed in a militant attack in northern Sinai on Friday. “No one is in shock as investors have, unfortunately, become immune to such events,” said Ashraf Akhnoukh, the director of Middle East ...

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US stock rally pauses, dollar down before Fed minutes

Bloomberg US stocks fluctuated near all-time highs in light action before the Thanksgiving holiday as traders await the FOMC minutes for clues on the monetary policy. The S&P 500 Index was little changed—after breaching 2,600 for the first time—as US economic data gave mixed signals. Business equipment orders fell for the first time since June, while jobless claims declined the ...

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US stocks hit record; NAFTA progress boosts Mexican peso

Bloomberg US stocks hit a new high, while the Canadian dollar and Mexican peso scored gains after a report of progress in negotiations over the North American Free Trade Agreement (NAFTA). The S&P 500 Index approached the 2,600 mark, reaching its highest level on record. While the Thanksgiving holiday gives traders an excuse to pause, equities are heading into the ...

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Dollar gains, stocks rebound in short week for US exchanges

Bloomberg The dollar gained and US stocks rose after two down weeks as Congress takes a holiday break from tax talks and the closely watched Alabama senate election nears. The Standard & Poor’s 500 Index opened slightly higher at the start of a truncated Thanksgiving week as investors gauge whether there are sufficient drivers to continue the march to historic ...

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Geopolitics weigh on region, UK sukuk ruling hits Dana Gas

Reuters Middle Eastern stock markets generally fell on Sunday, weighed down by geopolitics, while Dana Gas shares sank in Abu Dhabi because of a British High Court ruling on its Islamic bonds. In the last few weeks, geopolitics has become a significant factor for regional markets amid concern about instability in Lebanon and the possibility of strong Saudi action against ...

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Firms with stable earnings witness gains

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 ...

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US stocks slide with dollar as Treasuries advance, equities fall

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. ...

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US stocks join declines in global equities; euro advances

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 ...

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