Stocks

European stocks rise, Asia bounces back

  Bloomberg European stocks climbed, led by mining and bank shares, as lenders borrowed more than double what was forecast under the European Central Bank’s TLTRO program. The Stoxx Europe 600 Index advanced 0.3 percent to 375.21 as of 11:31 a.m. London time, set to end three days of losses. European miners extended their gains to 0.9 percent, following metals ...

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US treasuries gain as health vote looms

  Bloomberg Markets struck a cautious tone, with US stocks fluctuating and Treasuries gaining a fifth day, as investors watched developments in Washington for clues on the prospects for the Trump administration’s pro-growth policies. The S&P 500 Index was little changed, as futures erased gains after House Republicans postponed a planned meeting on the health-care bill. The measure’s outcome is ...

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US stocks mixed as rout eases, treasuries rise

  Bloomberg US stocks fluctuated after suffering the first 1 percent decline since October, while havens from Treasuries to the yen remained in demand as investors assessed the prospects for pro-growth policies in America. The S&P 500 Index struggled for direction in afternoon trading, with gains in technology shares offset by renewed selling in banks that bore the brunt of ...

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Asia shares sink as investors fret over Trump reforms

  SEOUL / AP Shares fell in Asia on Wednesday after US stocks took their biggest loss in five months. The sell-off overnight on Wall Street was spurred by obstacles to a health care bill backed by President Donald Trump that also raised questions over prospects for his agenda of boosting growth by cutting taxes and regulations. Japan’s Nikkei 225 ...

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Drugmakers weigh on Indian stocks amid US regulatory concerns

  Bloomberg India’s benchmark index edged lower as drugmakers declined on concern US Food and Drug Administration regulations would hurt the companies. The S&P BSE Sensex dropped 0.1 percent at the close, while NSE Nifty 50 Index was down less than 0.1 percent, erasing an earlier gain of 0.2 percent. Divi’s Laboratories Ltd. fell 20 percent after saying the FDA ...

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Europe boosted by banks’ biggest rally in three weeks

  Bloomberg European stocks rose toward their highest level in 15 months as banks followed gains in the region’s bond yields. The Stoxx Europe 600 Index added 0.4 percent at 1:24 p.m. in London. Yields on short-dated German bonds rose as investors unwound hedges against French election risks after polls showed centrist candidate Emmanuel Macron bested anti-euro rival Marine Le ...

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US stocks rise as dollar falls with treasuries

  Bloomberg US stocks halted a three-day slide, while the dollar extended its decline as Fed officials weighed the pace of borrowing-cost hikes. The euro rose to the strongest in more than a month after a French presidential debate eased concern about a populist win in the election. Technology shares led gains in the S&P 500 Index, while European equities ...

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Modi magic seen lasting in Indian stocks amid foreign flows

  Bloomberg Prime Minister Narendra Modi’s election-win magic looks to be casting a spell on the Indian stock market. The S&P BSE Sensex index will climb to 32,000 by the end of December, up more than 8 percent from its close of 29,518.74 on Monday, according to a median estimate of eight traders and investors surveyed by Bloomberg News on ...

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Global stocks weighed down by G20 statement

  LONDON / AP Global stock markets were trading lower on Monday after finance ministers from the world’s major economies dropped a pledge to oppose trade protectionism from a weekend statement due to resistance by the Trump administration. In Europe, France’s CAC-40 fell 0.3 percent to 5,015 while Britain’s FTSE 100 declined 0.1 percent to 7,417. Germany’s DAX declined 0.3 ...

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US stocks eke out weekly gain, led by high-dividend firms

  Bloomberg US equities rose this week thanks largely to advances in companies with high dividends that investors turn to when bond yields fall. The S&P 500 Index added 0.2 percent to 2,378.25. The biggest boost came Wednesday after the Federal Reserve raised the benchmark lending rate a quarter point and maintained its projection for two more increases this year. ...

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