Stocks

Bloomberg Stocks and US equity futures slid on Tuesday amid escalating US-China tension over Taiwan and deepening worries about a global economic slowdown, driving investors into the safety of government bonds. The Stoxx Europe 600 falls 0.6%, with energy among the few industries bucking the trend after BP Plc hiked its dividend and accelerated share buybacks to the fastest pace ...

Bloomberg Investors may be getting overconfident in betting the Federal Reserve may cut interest rates sooner to bolster a flagging US economy, according to Goldman Sachs Group Inc. strategists. “Looking at the re-pricing of cyclical assets in the US and EU, we think the market might have been too complacent too soon in fading recession risks on expectations of a ...

Bloomberg European stocks ticker higher as corporate earnings continued to deliver upside surprises while investors assessed remarks from central bankers that higher interest rates are needed to bring inflation under control. The Stoxx 600 Index rises 0.2%, led by banks, as HSBC Holdings Plc posted better-than-estimated profits. S&P 500 contracts slipped following the best month for US stocks since November ...

  Bloomberg Bitcoin declined after reaching the highest levels since mid-June on Saturday amid optimism that the market may have recovered from its worst levels. The largest cryptocurrency dropped as much as 2.8% to $23,130 on Monday after hitting $24,658 on Saturday, its highest since June 13. Its 27% gain in July made for the best month since October. Ether ...

  Bloomberg Chinese stocks plunged on Friday to cap a brutal month which marked the return of almost all the worries that have spooked investors for much of the past one year. From signs of renewed crackdown on the tech sector to an escalation of the crisis engulfing property developers and a rebound in Covid-19 cases, traders have had to ...

Bloomberg Renewable stocks notched record gains following a landmark climate deal struck by US Senators Joe Manchin and Chuck Schumer. Sunrun Inc., the largest US residential-solar installer, jumped as much as 34%, the most on record. TPI Composites Inc., which makes wind-turbine blades, climbed as much as 38% in its biggest gain ever. Rooftop-solar company Sunnova Energy International Inc. surged ...

Bloomberg Stocks rise on Thursday as the prospect of a slower pace of Federal Reserve monetary tightening filtered across global markets. Investors are turning their focus to the busiest day of the earnings season along with key economic data. Mining and energy shares gained in Europe as oil advanced. Solar energy and renewables stocks rallied in Europe and premarket trading ...

  Bloomberg Euphoria surrounding Alibaba Group Holding Ltd.’s primary listing plan has evaporated in just two sessions, as focus shifts to the firm’s earnings announcement due next week. Shares of the e-commerce giant slid 1.8% on Thursday, putting it back at levels seen before announcing it would seek the listing status. Goldman Sachs Group Inc. said the move may draw ...

Bloomberg Alibaba Group Holding Ltd may attract at least $16 billion of Chinese money by shifting to a primary listing in Hong Kong, strategists say, getting a much-needed boost as its stock struggles to bottom out. The move paves the way for the e-commerce giant to be included in the city’s trading links with mainland bourses, allowing an influx of ...

  Bloomberg Stocks and US equity futures rallied on Wednesday as a batch of resilient company earnings helped alleviate some of the wider caution in markets ahead of a pivotal Federal Reserve monetary-policy meeting. Contracts on the tech-heavy Nasdaq 100 were up about 1.7%, while major technology and internet stocks advanced in premarket trading after reassuring reports from Alphabet Inc, ...