Stocks

Stocks decline, gold climbs as N Korea tensions flare up

Bloomberg Stocks fell and gold and the yen climbed as geopolitical tensions flared up again, with U.S. President Donald Trump weighing new economic sanctions that could target China after a nuclear test on Sunday by North Korea. The Stoxx Europe 600 Index declined, with all industry sectors in the red, after a report that Pyongyang is preparing to launch an ...

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Asia stocks rally as concerns of rising geopolitical risk ease

Bloomberg Asian equities advanced as fears of escalating geopolitical risk eased following US President Donald Trump’s tempered response to North Korea’s launch of a ballistic missile across Japan. More than two stocks rose for each share that declined on the MSCI Asia Pacific Index, which gained less than 0.2 percent to 160.47 as of 4:31 p.m. in Hong Kong, following ...

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Stocks drop, havens rally on N Korea fears

Bloomberg Stocks slumped across Europe and Asia and havens including gold jumped after North Korea fired a ballistic missile over Japan, rattling markets from London to Sydney. Gasoline climbed as energy companies braced for another hit from Tropical Storm Harvey. As equities retreated, volatility rose and bonds gained in classic risk-off moves. US stock futures also tumbled, Treasuries jumped and ...

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Stocks rise as traders weigh Harvey

Bloomberg US stocks edged higher, the dollar struggled and gold rose as investors weighed the damage from Tropical Storm Harvey. European stocks started the week on the back foot following Friday’s euro surge, but managed to pare a drop. Gasoline surged to the highest in two years and oil declined as flooding from Harvey inundated refining centers along the Texas ...

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Low investor turnout before Eid hits bourses

DUBAI / Reuters Thin news flow and upcoming Islamic holidays towards the end of the week kept many long-term equity investors away on Sunday, leaving stock markets in the Middle East vulnerable to profit- taking, but Kuwait’s index bucked the trend. “Speculators are booking capital gains while long-term investors were dormant,” said a Jeddah-based broker. Stock markets are often sparsely ...

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Euro gains as economy gathers pace

Bloomberg The euro gained as European data boosted confidence in the region’s growth and a speech by ECB President Mario Draghi steered clear of any policy or currency comments to deter bulls. Gold and yen rose and stocks fell as remarks by President Trump provoked another bout of investor caution. The surprise increase in a gauge of euro-region manufacturing did ...

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Stocks rebound in thin trading

Bloomberg European stocks joined a rally across most Asian equities following three days of losses, though trading volumes were once again depressed. Havens including gold, the yen and bonds retreated even as the likes of Bridgewater Associates’ Ray Dalio said he was reducing risk. The Stoxx Europe 600 Index rebounded from the lowest in more than a week as miners ...

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Global stock markets mixed as focus shifts to central bankers

Bloomberg Stocks struggled for traction at the start of a week set to be dominated by the gathering of central bankers at Jackson Hole amid growing unease about persistent low inflation. Euro-region bonds gained with Treasuries, while the dollar edged lower. The Stoxx Euro 600 Index declined on thin trading volumes as declines in banks and car makers offset gains ...

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US stocks rise, dollar steady as investors await fed minutes

Bloomberg US stocks opened higher and the dollar and Treasuries were largely steady as investors held tight before the release of the latest Federal Reserve minutes. European stocks advanced amid growing optimism over the region’s economy. Oil headed for its first gain in three days and base metals railled. Markets are settling down after a tumultuous few days spurred by ...

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US stocks fall despite fading threat of war with N Korea

Bloomberg The dollar rallied and U.S. stocks nudged lower amid a receding threat of war with North Korea. Treasuries extended losses and the dollar rallied after US retail sales exceeded forecasts last month, boosting speculation the Federal Reserve might lift interest rates again this year. S&P index futures also gained after the data, while traditional havens including gold and the ...

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