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US stocks rally, technology surges after steep decline

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Bloomberg US stocks climbed on tech strength, trimming recent losses from the sharp declines across asset classes during Tuesday’s session. Treasuries erased a drop and the dollar fell amid speculation the Federal Reserve may soften its policy stance. All major benchmarks were higher, with the Nasdaq 100 Index leading gainers and erasing more than half of Tuesday’s decline. Retailers and ...

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Dot-com ghosts still haunt emerging stocks as tech profit stalls

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Bloomberg The deepest bear market since the financial crisis in developing-nation technology stocks probably has further to run as earnings disappoint and analysts slash their profit estimates. Companies in the MSCI emerging-market tech gauge are missing earnings forecasts for the first time in almost 18 months, based on 12-month rolling data. Combined with deepening trade tensions, that’s leading analysts to ...

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Surprise fuel flows sparked by US-China trade war

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Bloomberg A Southeast Asian nation that was a bit player in the biofuel market is suddenly buying and selling unprecedented supplies. The US-China trade war may have something to do with it. Malaysia has emerged to displace the US as the biggest supplier of ethanol to China in just two months. It’s also the first time the Southeast Asian country ...

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