Stocks

Bloomberg A sprawling regulatory probe that’s ensnared the Indian partner of Schroders Plc is roiling one of the nation’s largest asset managers and is poised to shake up India’s $465 billion mutual fund industry. Axis Asset Management Co., which is India’s seventh largest mutual fund manager and partly owned by Schroders, in May sacked two employees, including its chief dealer, ...

Bloomberg American equity futures edged higher on Wednesday while stocks in Europe dipped in cautious trading dominated by a dimming economic outlook and an anxious wait for data that may show US inflation at a fresh four-decade high. S&P 500 and Nasdaq 100 futures posted modest gains after yet another volatile day that ended with both gauges solidly in the ...

  Bloomberg US equity futures fall on Tuesday as the dollar and sovereign bonds rose, a pattern highlighting pervasive unease about the economic outlook amid high inflation and China’s struggles with Covid-19. S&P 500, Nasdaq 100 shed over 0.5% after a Wall Street slide. The Stoxx Europe 600 gauge slipped for a second day, though it pared the decline with ...

  Bloomberg China’s tech stocks unwound recent gains to enter a technical correction on Tuesday, with analysts questioning if fresh probes on internet giants would spark another downturn in the sector. The Hang Seng Tech Index falls 2.1% after tumbling 3.9%, taking declines from a June peak to 11%. Alibaba Group Holding Ltd was among the biggest drags as it ...

  Bloomberg Gold steadied near the lowest in more than nine months in the run-up to US inflation data this week that’s set to shape the magnitude of the Federal Reserve’s next rate hike. Investors concerned about the prospect of a global economic downturn have turned in droves to the greenback, which is already up more than 2% this month. ...

  Bloomberg US stock-index futures rise as softer oil prices and a weaker dollar signalled fears about inflation and the pace of monetary tightening are fading. Futures on the S&P 500 and Nasdaq 100 indexes advanced at least 0.2% each after the underlying gauges capped the first three-day rally since May. Asian semiconductor shares rallied after Samsung Electronics Co reported ...

  Bloomberg The pound strengthened and UK stocks rise on reports that Prime Minister Boris Johnson is planning to resign. Investors said the news may spell some initial relief for UK assets, which have been battered by the country’s high inflation, weak economy and the political uncertainty. Sterling rises as much as 0.6% to $1.1994. The FTSE 250 Index, which ...

  Bloomberg US stock-index futures and Treasuries fluctuated between the gains and losses amid concern over a global economic slowdown. Contracts on the S&P 500 and Nasdaq 100 gauges were little changed, while Europe’s Stoxx 600 climbed the most since June 24. The two- and 10-year US yield curve remained inverted as investors awaited the minutes of the Federal Reserve’s ...

  Bloomberg Washington’s latest move to restrain Beijing from fostering its chipmaking industry is powering China’s semiconductor stocks as the US restrictions could fire up support for homegrown technology. China chipmakers were one of the few bright spots in the markets on Wednesday after Bloomberg News reported that the US is pushing the Netherlands to ban ASML Holding NV from ...

  Bloomberg Gold slumped to the lowest in more than six months as the dollar rallied amid growing recession fears that caused losses across risk assets. The greenback surged to highest in more than two years as investors retreated to the haven, putting pressure on bullion. US stocks briefly slumped more than 2% amid fears that the Federal Reserve’s rate ...