BLOOMBERG  The stock market was set for a rebound at the end of a chaotic week, with a rally in regional banks tempering data showing jobs resilience. Treasury yields rose with the dollar. S&P 500 futures signalled the equity benchmark will climb after its longest losing streak since February. PacWest Bancorp soared, following a six-day selloff that saw its shares …

BLOOMBERG  Investors are likely to favour gold and technology stocks as those bets are expected to provide a buffer against the possibility of a US recession this year, according to strategists at JPMorgan Chase & Co. The trade defined as “long duration” is expressed by being overweight on gold, growth stocks such as technology companies and currencies (short USD), strategists …

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and the Emir of Qatar, His Highness Sheikh Tamim bin Hamad Al Thani, on Thursday spoke by telephone to discuss bilateral relations between the two countries and ways to strengthen them further. The two leaders reviewed current areas of UAE-Qatar cooperation and explored opportunities for further collaboration. Their …