Stocks

US stocks gain after inauguration; consumer shares increase

  Bloomberg US stocks rose as an increase in crude oil spurred gains in energy companies. The benchmark index pared earlier gains as President Donald Trump delivered his inauguration address. Consumer staples shares climbed as Procter & Gamble Co. reported quarterly earnings that topped estimates. The S&P 500 Index added 0.3 percent to 2,271.29 at 4 p.m. in New York ...

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European stocks little changed as investors focus on Trump oath

  Bloomberg European stocks closed little changed as investors turned their focus to the inauguration of Donald Trump as US president, and whether he can continue to fuel investor expectations of stronger economic growth boosted by more deficit spending and tax cuts. The Stoxx Europe 600 Index fell less than 0.1 percent at the close. The index has lost momentum ...

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Chinese investors see silver lining for stocks as bonds tumble

  Bloomberg For some China investors, the outlook for bonds is becoming a compelling reason to buy stocks. December’s debt selloff, the biggest in six years, may just be the start as policy makers crack down on speculative trading, according to HFT Investment Management Co. With the Shanghai Composite Index one and a half years on from its own bubble ...

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Kenyan stocks, world’s worst this year, set to fall further

Bloomberg Kenyan stock prices at more than three-year lows may have further to fall with domestic investors favoring bonds and foreign buyers waiting for lower valuations, the head of the bourse said. Shares on the Nairobi Securities Exchange have dropped 6.9 percent since Jan. 1, extending last year’s 8.5 percent decline, because of jitters among investors about elections scheduled for ...

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European stocks pare drop as May says ‘Brexit deal will need vote’

  Bloomberg European stocks pared their decline on Tuesday after UK Prime Minister Theresa May laid out her intentions on Brexit while supporting a strong European Union. The Stoxx Europe 600 index dropped 0.1 percent at 12:37 p.m. in London, recovering from a 0.7 percent slide earlier, still held lower by declines in mining and automaker stocks. May ruled out ...

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Emerging-market currencies and stocks slide on trade jitters

  Bloomberg Emerging-market assets declined as concern grew that threats to global trade and growth are proliferating. Mozambique’s international bond tumbled after the nation said it won’t make an interest payment on January 18. The MSCI Emerging Markets Index dropped the most in more than three weeks and a gauge of currencies slipped for the first time in three days. ...

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Emerging-market stocks little changed as Mexico’s peso climbs

  Bloomberg Emerging-market stocks and currencies were little changed after US economic data bolstered the case for higher interest rates that could dim investors’ appetite for riskier assets. Mexico’s peso and Turkey’s lira rose. Shares and currencies in emerging markets struggled to find direction as traders boosted wagers the Federal Reserve will raise borrowing costs by its March meeting. Bears ...

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US stocks drop as bond rally sinks bank shares

  Bloomberg Treasuries rallied, sending 10-year yields to the lowest since November, while the dollar slumped with US stocks as investors reassessed post-election market moves spurred by speculation Donald Trump’s policies would jumpstart American economic growth. Trump yesterday gave investors little reason to add to bets that had taken the dollar to a 14-year high and stocks to records. Some ...

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Asian shares extend gain before Trump speech; Japan rebounds

  Bloomberg Asian stocks extended gains to an 11-week high as metal producers surged. Japanese equities rose as the yen halted its advance against the greenback ahead of US President-elect Donald Trump’s first press conference since July. The MSCI Asia Pacific Index rose for a third day, adding 0.4 percent as of 4:57 p.m. in Hong Kong and set for ...

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Asian stocks rise as health stocks offset drop in energy shares

  Bloomberg Asian stocks rose as gains in a gauge of health-care shares offset declines in energy companies after oil sank. Japan equities fell as as a stronger yen dimmed prospects for exporters. The MSCI Asia Pacific Index gained 0.2% as of 4:40 p.m. in Hong Kong as 7 of 11 industry groups rose. The measure’s advance has been muted ...

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