Stocks

BLOOMBERG The sudden collapse of Silicon Valley Bank looks set to increase scrutiny of SoftBank Group Corp. investments, and possibly drive its share price to Masayoshi Son’s pain point. The US tech lender’s failure has fuelled investor concern over the exposure to startup firms in the SoftBank Vision Funds. SoftBank shares have plunged 13% in four sessions to below 5,000 ...

BLOOMBERG A selloff in the global financial stocks has paused on Tuesday after a two-day, $465 billion wipeout. A gauge of European bank shares fluctuated between gains and losses and US lenders rebounded in premarket trading, led by a 22% surge in First Republic Bank. Losses widened in Asia, sending an MSCI index of regional financial stocks down 3%. Mitsubishi ...

BLOOMBERG Bitcoin surged 13%, the biggest one-day increase since the wild price swings seen during November’s market turmoil, and shares of crypto companies rallied following moves by US authorities to stem the spread of concern about the health of the nation’s financial system. The rally helped to extend the largest cryptocurrency’s recovery from its worst week in about four months, ...

BLOOMBERG Traders are steeling themselves for the risk of more turbulence after the biggest US bank collapse since the 2008 financial crisis sent shockwaves through markets. The unraveling of SVB Financial Group’s Silicon Valley Bank was driven in large part by the fallout from higher US interest rates, prompting questions about whether other institutions might also be at risk as ...

BLOOMBERG US futures rose as investors dialled back bets on Federal Reserve rate hikes following the collapse of Silicon Valley Bank, which continued to reverberate through trading desks on Monday. Futures on the rate-sensitive Nasdaq 100 rose about 1% while those on the S&P 500 also resumed gains after initially erasing a rally. Stocks in Europe pared a drop of ...

BLOOMBERG Stocks tumbled and Treasuries rallied amid mounting concerns about the health of the US banking system. Nasdaq futures pared losses in early trading. Europe’s Stoxx 600 equity gauge dropped 1.7%, with an index of bank stocks sliding the most since June, led by a 7% plunge for Deutsche Bank AG. Credit Suisse Group AG shares tumbled to a record ...

BLOOMBERG Bitcoin is having its worst week since November as an equity selloff, fear over higher interest rates and an escalating US regulatory crackdown on crypto combine to hurt  investor sentiment. The largest token fell as much 3.2% on Friday, breaking below $20,000 for the first time since January, after falling more than 8% on March 9. Smaller coins like ...

BLOOMBERG Emerging-market shares have value as bonds are losing their buffer because of US rates volatility, according to analysts at Goldman Sachs Group Inc. With rising nominal interest rates, local fixed income securities “no longer appear to have much cushion” with fluctuations in US rates, strategists led by London-based Kamakshya Trivedi wrote in a note. MSCI Inc.’s index of developing ...

BLOOMBERG Global stocks retreated on Thursday, and Treasury yields held near the key 4% mark as investors priced the likelihood of higher interest rates and a looming US recession. Futures on the S&P 500 slipped 0.3% and those on the rate-sensitive Nasdaq slid 0.6%. Chipmakers Nvidia Corp and Advanced Micro Devices Inc fell about 0.7% in pre-market trading, while Tesla ...

BLOOMBERG Chinese tech giants led shares of Asian peers lower after hawkish comments from the Federal Reserve stoked concerns for the rate-sensitive sector. The Hang Seng Tech Index slid 3.2%, with Tencent Holdings Ltd. and Alibaba Group Holding Ltd. each falling at least 2% in Hong Kong. The shares tracked losses in the Nasdaq 100 overnight as Fed Chair Jerome ...