Sunday , 8 February 2026

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Stocks fall with US futures over cloudy outlook for trade

Bloomberg Stocks dropped on Tuesday alongside US futures as a cloudy outlook for trade and growth continued to weigh on risk appetite. Treasuries climbed and the yen strengthened. Futures on the S&P 500, Dow and Nasdaq all pointed to a softer open a day after American markets were shut for a holiday. EBay Inc bucked the trend, surging in early …

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Pound strengthens on upbeat wage data

Bloomberg The pound gained for a second day as upbeat UK employment data buoyed investor sentiment that was already underpinned by optimism the nation will avoid a no-deal Brexit. Sterling rose above $1.29 as official data showed wage growth in Britain was the fastest since the financial crisis during the three months through November, while the unemployment rate declined to …

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PetroChina brushes off $1.5bn writedown while profit doubles

Bloomberg PetroChina Co brushed off a $1.5 billion writedown from the disposal of some assets as it estimated full-year net income more than doubled last year thanks to higher crude prices. China’s biggest oil and gas producer said net income could have jumped as much as 132 percent in 2018, according to a filing to the Hong Kong stock exchange, …

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