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Dubai stocks, top gainer in just a day

Bloomberg Investors in Dubai’s equities might be feeling whiplash after the main index became the biggest gainer in back-to-back sessions, in response to shifting news on regional tensions and local stocks’ presence in global benchmarks. The DFM General Index advanced 3.5% on Tuesday, gaining more than any other major market tracked by Bloomberg. The Tuesday revival was sparked by MSCI ...

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India’s Sensex advances to snap losing streak

Bloomberg Indian stocks advanced, snapping their longest stretch of losses since February, as some investors felt nine days of declines to be excessive. The S&P BSE Sensex climbed 0.6% to 37,318.53 in Mumbai after falling as much as 0.4% earlier in the session. That avoided the longest ever losing streak for the benchmark gauge. The NSE Nifty 50 Index gained ...

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Fed needs time to weigh trade war impact

Bloomberg Federal Reserve Bank of Boston President Eric Rosengren said it’s too early to tell whether the escalating trade war and the resulting financial market reaction will last long enough to hurt the US economy and alter monetary policy. “It’s a little premature to think about the outlook” for the economy, Rosengren said in an interview in Boston. “This is ...

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