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Global stocks pare losses as dollar advances with bonds

Bloomberg Global stocks pared the worst of their losses after a selloff in Asia amid a broad risk-off mood. Treasuries rose with the dollar as investors’ focus turned to efforts to avert a US government shutdown . The S&P 500 fluctuated as software companies advanced and automotive stocks declined. The MSCI World index pared losses of 0.4 percent, with the ...

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Geopolitics drags down Gulf markets

Reuters Most Middle Eastern stock markets fell on Wednesday because of sliding foreign bourses and negative geopolitical news related to Qatar and Yemen. Qatar was the hardest hit major market, with its index dropping 1.5 percent. Qatar National Bank, the biggest bank, tumbled 3.3 percent, while drilling rig provider Gulf International Services sank 6.5 percent. To prevent the switch, which ...

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Oil to open 2018 stuck amid thirst to grow, wary investors

Bloomberg Investor exhaustion with poor returns from the oil and gas industry may mean less financing to expand the US shale boom next year, and less of a drive for consolidation. After nearing a record in 2016, equity issues from US oil and gas companies are on pace for an eight-year low this year, amid doubts about the stability of ...

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