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Tech slump drags on US stocks as crude advances

New york stock exchange

Bloomberg US stocks were mixed as investors weighed the outlook for elections this week along with signals that a trade deal between the world’s biggest economies remains a ways off. Oil gained for the first time in a week. Apple Inc. led technology shares lower after a report it won’t boost iPhone production. The Nasdaq 100 Index led declines among ...

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Indian stocks fall after best week

Indian markets hit record highs

Bloomberg India’s stock indexes fell, tracking global peers lower, after capping their best week in more than two years. The benchmark S&P BSE Sensex dropped 0.2 percent to 34,950.92 at the 3:30 pm close in Mumbai after swinging between gains and losses at least four times. Thirteen of the 19 sector indexes retreated, led by a gauge of power-related companies, ...

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Jack Ma labels trade war ‘most stupid thing’ as tensions boil

11th ministerial conference of the world trade organization in argentina

Bloomberg Billionaire Alibaba co-founder Jack Ma called fighting over trade senseless and decried once again a widening conflict between the US and China. China’s richest person — who warned just last month that a trade war could last two decades — argued it was pointless to target goods because the Asian nation was on its way to becoming a major ...

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