Stocks

BLOOMBERG China’s stock market suffers from a lack of positive drivers as the new year begins, and Beijing’s support efforts are likely to keep falling flat amid persistent risks. Those are the key takeaways from an informal survey of 23 mostly mainland-based analysts and money managers by Bloomberg News. Geopolitical tensions, China deflation and a possible US recession are seen ...

BLOOMBERG Stocks and bonds steadied with many investors clinging to sidelines ahead of a key US inflation report. Oil prices fell. US equity futures posted modest gains while Europe’s Stoxx 600 index erased a loss to trade little changed. Brent traded lower near $77 a barrel, reversing an earlier gain following more attacks on vessels in the Red Sea that ...

BLOOMBERG Japan’s Nikkei 225 Stock Average climbed to its highest since the nation’s bubble economy era more than three decades ago, reflecting investor optimism that growth is returning after the country’s long battle with deflation. The blue-chip gauge rose 1.2% to close at 33,763.18 in Tokyo, a level unseen since March 1990, lifted by a rebound in technology shares and ...

BLOOMBERG Stocks and bonds retreated before key inflation readings from the US and China later this week and the earnings season kicks off on Friday. US stock futures dropped with Europe’s Stoxx 600 benchmark as investors shrugged off tech-led gains that rolled across global markets and drove a Japanese gauge to a 34-year high. The Nasdaq 100 jumped the most ...

BLOOMBERG The Australian dollar’s late 2023 rally faces a new hurdle with inflation data expected to strengthen the case for earlier interest-rate cuts by the Reserve Bank. The Aussie jumped nearly 10% against the greenback from late October through December as the RBA sounded hawkish while traders priced Federal Reserve rate cuts this year. The rally may struggle to extend ...

BLOOMBERG Stocks and bonds posted small moves on Monday as investors recalibrated their bets in the wake of last week’s selloff, which saw the steepest loss for the S&P 500 since October. The Stoxx 600 benchmark was little changed along with futures in the US, while Asian markets declined. Boeing Co shares are in focus as groundings of the 737 ...

BLOOMBERG Stocks and bonds steadied after a bruising two-day selloff to start 2024. Oil advanced as conflict in the Middle East added to supply concerns. Europe’s Stoxx 600 added 0.4% as Shell Plc and BP Plc gained after crude jumped more than 4% in two sessions. Next Plc rallied after the British home and clothing retailer raised its profit forecast. ...

BLOOMBERG Bitcoin has sprinted to a more than 6% gain over the first three days of January, bucking a dour start to the year in global markets. The largest digital asset traded above $45,300 on Wednesday in London, buoyed by expectations that the US will soon allow the country’s first spot Bitcoin exchange-traded funds. General crypto optimism also encouraged advances ...

BLOOMBERG Bonds extended their drop as traders braced for a swathe of US data that could show whether bets on interest-rate cuts this year are justified. Government debt fell across Europe and US Treasury yields rose, leaving the rate on the 10-year bond up five basis points at 3.98%. The Stoxx 600 benchmark and futures contracts on US shares edged ...

BLOOMBERG Indonesia’s equity benchmark closed at a record high on Tuesday on optimism that the nation’s central bank is done with rate hikes and incumbent President Joko Widodo’s policies would be preserved by his successor in an upcoming election. The Jakarta Composite Index advanced 0.7% to surpass its previous all-time high of 7,318.016 hit in September 2022. Top gainers included ...