Stocks

  Bloomberg Investors are setting their sights away from the U.K. in their search for markets less vulnerable to fallout from Britain’s vote to exit the EU. Amundi SA sees value in emerging-market rates, given that further central bank accommodation is possible after Brexit. While others appear to snub Europe altogether and turn to U.S. stocks, Indosuez Wealth Management favors …

  BLOOMBERG Global stocks rallied for a second day and the dollar weakened amid speculation that policy makers will mitigate the damage of the U.K.’s vote to leave the European Union, including a pause in the Federal Reserve’s tightening cycle. Crude oil rallied and the pound rose. The MSCI All-Country World Index headed for its highest level since before the …

  Bloomberg The price rally made switching a no-brainer for farmer Steve Stotz. A week before planting began across the U.S. Midwest last month, Stotz realized he’d earn $100 more per acre with soybeans than with corn. So, the 63-year-old ditched his crop plan and increased soybean acreage by more than a third on land he had previously intended to …

  BLOOMBERG Stocks, the pound and commodities all gained for the first time since Britain’s shock vote to leave the European Union amid speculation policy makers will take steps to limit any economic fallout. The Stoxx Europe 600 Index and sterling both rebounded after tumbling 11 percent in the last two trading sessions. A gauge of the dollar’s strength snapped …

  Bloomberg Indian stocks advanced as investors bought companies most-tied to the economy after the U.K.’s decision to leave the European Union left global markets in disarray. Drugmaker Lupin Ltd. surged the most in three months, while Bharti Airtel Ltd. rallied the most in a week. Hindustan Unilever Ltd. had the steepest advance since March 21 and ITC Ltd., the …

  Bloomberg Following Britain’s unexpected vote to leave the European Union, strategists did something that might seem strange: they turned more bullish on a big swath of the country’s shares. The FTSE 100 Index, which tracks the largest companies trading in London, has been relatively resilient since the referendum, falling less than half as much as the broader FTSE 250 …

  BLOOMBERG The aftershocks of the U.K.’s vote to leave the European Union reverberated across financial markets after a weekend of political turmoil, with the pound extending its record selloff and European equities dropping to levels last seen in February. Sterling fell below Friday’s lows with a 3.7 percent slide to the weakest since 1985 and the FTSE 100 Index …

  Bloomberg Gold rose a second day as financial markets continued a selloff following the U.K.’s vote to exit the European Union, with inflows into bullion-backed funds surging the most by value since 2012. Bullion for immediate delivery advanced as much as 1.5 percent to $1,335.55 an ounce before trading at $1,326.50 at 2:27 p.m. in Singapore, according to Bloomberg …

  Bloomberg Europe’s largest money managers are divided on whether to venture near the region’s stocks after the biggest-ever slump made them a steal, going by history. Amid concern that U.K. secession threatens Europe’s political and economic stability, the Euro Stoxx 50 Index dropped 8.6 percent on Friday, led by a record selloff in bank shares, while volatility jumped. That …

  Lubumbashi, DR Congo / AFP When 2016 rang in, Divin Lwamba, a street vendor with nine mouths to feed, says he was making up to $300 a day selling samosas in Lubumbashi’s main market. With meat and vegetable samosas flying off his cart almost faster than they were made, Lwamba says he could make enough cash in a single …