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US futures fluctuate, stocks decline; dollar advances

Bloomberg US equity futures fluctuated and stocks slipped on Monday as investors weighed a weekend full of negative coronavirus news against the stimulus measures that triggered a bounce in risk assets last week. The dollar rebounded, Treasuries edged higher and oil sank. Contracts on the S&P 500 Index swung between losses and gains after President Donald Trump abruptly abandoned his ...

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Indonesian stocks fall on rising virus cases

Bloomberg Indonesian stocks snapped a two-day winning streak as investors remained wary about rising Covid-19 cases domestically and globally. The Jakarta Composite Index fell 2.9% on Monday, taking the monthly decline to most since October 2008. The benchmark gauge hit a 5% circuit breaker, triggering the first trading halt since the Indonesia Stock Exchange implemented a shorter operational schedule. Indonesian ...

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Morgan Stanley, Goldman win China nod to control ventures

Bloomberg Morgan Stanley and Goldman Sachs Group Inc. were granted approvals to take control of their securities joint ventures in China as policy makers push ahead with the opening of the nation’s $45 trillion finance industry even as they fight to contain the coronavirus outbreak. Morgan Stanley plans to boost its stake to 51% from 49% with the approval from ...

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