Stocks

DUBAI / Reuters Middle Eastern stock markets sagged again on Tuesday because of a mediocre economic outlook, with a shock loss at a real estate developer weighing on Dubai and Egypt dropping for a sixth straight day. Union Properties sank 4.3 percent to 0.82 dirham after it reported a 2.29 billion dirham ($624 million) net loss for the second quarter, ...

Bloomberg The risk-off mood that gripped markets last week showed signs of easing, with shares in Europe following Asian equities higher and American stock futures advancing as the prospect of a war between the US and North Korea receded. Havens including gold, Treasuries and the yen fell. The Stoxx Europe 600 Index headed for its first gain in four days, ...

Bloomberg The bond bulls in the $14 trillion Treasuries market didn’t expect — or want — to be proven right in quite this manner. Ramped-up bellicose rhetoric between US President Donald Trump and North Korean leader Kim Jong Un has stoked fears of imminent war, driving 10-year Treasury yields to the lowest level since June. Unless the two adversaries tone ...

Bloomberg A risk-off tone gripped markets on Wednesday, with gold, the Japanese yen and bonds rising as ten- sion grew between the US and North Korea. European stocks slumped following declines across most of Asia. The yellow metal headed for its largest increase in two months while the yen and Swiss franc posted the biggest gains among G-10 currencies after ...

DUBAI / Reuters Middle Eastern stock markets generally moved sideways in quiet trade on Wednesday, outperforming other emer- ging markets, though Dubai theme park operator DXB Entertainments sank because of poor first-half earnings. The Gulf has underperformed global emerging markets this year, hit by low oil prices and government austerity policies. But this may have left the Gulf less vulnerable ...

Bloomberg US stocks slipped from records, while the dollar resumed its slide during a lackluster session Tuesday as dovish comments from Federal Reserve officials weighed on the market. Gold advanced. The S&P 500 Index fell in light trading, while European equities slumped. The euro joined most G-10 peers in advancing against the greenback. The 10-year Treasury yield edged higher, and ...

Bloomberg The dollar extended its gains in the wake of better-than-expected US jobs data, while the euro also rose following its slump on Friday. Crude dropped as major producers gathered to discuss participation in output cuts. The greenback initially struggled to maintain its positive momentum against G-10 peers, before gradually strengthening as US stock futures also edged higher. European equities ...

Bloomberg The Dow Jones Industrial Average rose past 22,000 for the first time as Apple Inc. pushed to a record, while renewed strength in the euro dragged down European equities. Oil fluctuated after retreating from its brief rise above $50 a barrel. The Nasdaq 100 Index jumped as Apple’s market cap rose above $800 billion after its sales forecast revived ...

DUBAI / Reuters Stock markets in the Gulf were mixed on Wednesday, with Saudi Arabia dragged down by a drop in crude oil prices while blue chips led gains the United Arab Emirates and Qatar higher. Brent crude futures lost 1.7 percent on Tuesday and traded below $52 a barrel for most of Wednesday. Consequently, 11 of the 14 petrochemical ...

Bloomberg Global stocks advanced following the latest set of corporate results, with European shares tracking a jump in Asian peers on both earnings and promising economic data. The US dollar stayed higher as consumer spending figures matched forecasts. The Stoxx Europe 600 Index was once again poised to end its losing streak, heading for the first gain in four days ...