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European stocks bounce as oil rises; dollar gains

Bloomberg European stocks started the week on a firm footing, rising for the first time in five days as oil and metal gains spurred energy companies and miners. The dollar strengthened against all of its G-10 peers. Banks also rallied as the Stoxx Europe 600 Index advanced. Crude climbed for an eighth day running, the longest winning streak this year, ...

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China stocks retreat as financial shares lead large caps lower

Bloomberg China’s large-cap stocks fell for a second day as a technical indicator signaled recent gains were overdone. Insurance companies led the retreat. The SSE 50 Index of some of China’s largest companies dropped 0.6 percent at the close. New China Life Insurance Co. slid the most in two weeks to lead insurers lower, while Kweichow Moutai Co. fell the ...

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Goldman reviews commodities after worst start in a decade

Bloomberg Goldman Sachs Group Inc., the dominant commodities trader on Wall Street, is reviewing the direction of the business after a slump in the first half of the year, according to people with knowledge of the matter. By reconsidering the bank’s long-held view that the downturn in profitability is cyclical and will eventually reverse, Chief Executive Officer Lloyd Blankfein, who ...

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