Bloomberg Bank of Montreal (BMO) had about C$180 million ($130 million) in trading losses on a single day in March, a sign of just how risky stocks were as the coronavirus outbreak became a global pandemic. The loss, disclosed in a quarterly presentation, marks the company’s worst trading day in more than a decade. “On that day, there was significant ...

Bloomberg Stocks climbed while US futures fluctuated on Thursday as investors weighed fresh fiscal stimulus from the European Union against increased friction between America and China. Treasuries drifted. The Stoxx Europe 600 opened in the green for a fourth day after the EU unveiled 2.4 trillion euros ($2.6 trillion) in total recovery spending to battle the impact of the coronavirus. ...

Bloomberg Indian stocks rose amid optimism the restarting of business will help revive the economy. The S&P BSE Sensex Index added 1.8% to 31,169.39 as of 11:43 am in Mumbai on Thursday, while the NSE Nifty 50 Index gained 1.7%. Both gauges may be volatile ahead of the expiry of monthly derivatives contracts, after crossing their 50-day moving averages on ...