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Stocks in Europe Asia gain with US futures; dollar slips

Bloomberg Stocks jumped in Europe and Asia and US equity futures advanced as major economies edged toward reopening, the Bank of Japan boosted stimulus measures and corporate results rolled in. The dollar weakened and oil slumped. The Stoxx Europe 600 Index opened solidly higher amid a number of positive catalysts and after the gauge missed out on a late Wall ...

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Goldman says narrow breadth in S&P 500 a bad sign for stocks

Bloomberg The narrowing group of winners in the S&P 500 doesn’t bode well for the future performance of US stocks, according to Goldman Sachs Group Inc. The US benchmark is around 17% below its February record, but the median stock trades 28% from its peak, Goldman strategists including David Kostin wrote in a note. Meanwhile, the five largest companies make ...

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South Korea’s equity market rebounds since mid-March

Bloomberg South Korea’s equity market has rebounded more than any other since mid-March, even as its two largest stocks have yet to fully join in on the rally. The Kospi index climbed 32% from a decade low on March 19, beating all other major gauges including those from China, Hong Kong and Japan, according to data compiled by Bloomberg. In ...

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