Stocks

BLOOMBERG Japanese stocks fell after the Nikkei 225 Stock Average’s short-lived pop to a fresh 33-year high. Automakers including Mazda Motor Corp led the decline on the stronger yen. The Nikkei rose as much as 0.8% on Monday to the highest since March 1990, before reversing course and declining 0.6% to 33,388.03 at the market close in Tokyo. Exporters led ...

BLOOMBERG The dollar extended a decline, with a gauge of greenback strength hitting its lowest level since August, amid speculation the Federal Reserve is nearing the end of its rate-hike cycle. Traders are currently pricing in about a 30% chance of a first Fed rate cut in March following cool inflation data last week. Investors are awaiting publication on Tuesday ...

BLOOMBERG Chinese stocks slid following a much-anticipated meeting between Presidents Joe Biden and Xi Jinping, as traders saw only modest progress in the strained ties and as fresh data renewed concern over the world’s second-largest economy. The Hang Seng China Enterprises Index closed down 1.4% to lead losses among major Asia equity gauges. It jumped 4% in the previous session ...

BLOOMBERG Stocks paused their rally as the euphoria over a potential dovish pivot by central banks faded and investor attention turned to the latest corporate earnings and deals news. Europe’s Stoxx 600 Index steadied after three days of gains. Burberry Group Plc dropped 6.7% as it warned that this year’s revenue target may be out of reach. HelloFresh SE sank ...

BLOOMBERG Indian equities will likely receive a net inflow of $1.5 billion after changes by MSCI Inc is set to boost the nation’s representation in its developing markets gauge to a record, according to Nuvama Wealth Management Ltd. Nine stocks, including IndusInd Bank Ltd and wind-turbine maker Suzlon Energy Ltd, will be added to MSCI’s global standard gauge on November ...

BLOOMBERG Stocks extended gains as investors welcomed cooler-than-expected inflation readings in the US and the UK as evidence central banks may be done with their aggressive interest-rate increases.  Europe’s Stoxx 600 Index rose 0.6%. Alstom SA slumped 17% after the train maker said it’s cutting jobs and selling assets to shore up its balance sheet. US equity futures rose more ...

BLOOMBERG European stocks will rise next year as household spending power picks up and the threat of a sharp slowdown eases, according to Goldman Sachs Group Inc strategists. Quicker-than-expected cooling in euro area inflation should lead to positive growth in real wages — a boost for consumers, while also reducing obstacles to interest-rate cuts and with that the risk of ...

BLOOMBERG Global stocks and bonds edged higher ahead on speculation that a crucial US inflation report will show that price pressures slowed last month, cementing the view that interest rates have peaked.  Europe’s Stoxx 600 index added 0.2%, with mining stocks led by a 4% gain in Glencore Plc after it agreed to buy a majority stake in Teck Resources ...

BLOOMBERG European stocks rose on Monday ahead of inflation figures in the US and UK that could confirm interest rates have topped out. The Stoxx 600 index climbed 0.7%, buoyed also by Friday’s gains on Wall Street. Health firms were among the strongest performers, with Novo Nordisk A/S rallying almost 4% after a study backed the use of Wegovy, its ...

BLOOMBERG The boost to South Korean stocks from the ban on short-selling has quickly faded, with an index of small-cap stocks erasing all the gains seen following the regulator’s surprise decision. The Kosdaq Index slid 1.9% on Monday. It has fallen in every single session since the ban sparked a 7.3% jump on November 6. Electric vehicle battery names including ...