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US equities mixed, dollar falls; Treasuries advance

Bloomberg US equities fluctuated near records as investors weighed expectations for easier monetary policy against concerns about a slowing economy. Treasuries gained, while the dollar edged lower. The S&P 500 was mixed, hovering just under all-time highs reached during last week’s rally. Tech shares led gains, while healthcare paced falling stocks. Bristol-Meyers Squibb Co tumbled after saying it will divest ...

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Bitcoin resurgence drives rally in Asia’s crypto-linked stocks

Bloomberg Bitcoin’s climb to above $11,000 for the first time in 15 months sparked gains in related Asian stocks on Monday. GMO Internet Inc climbed 7 percent in Tokyo to its highest level since October, while Metaps Inc jumped 11 percent, Remixpoint Inc 6.2 percent and Ceres Inc 4.4 percent. In Seoul, Vidente Co climbed as much as 5.4 percent ...

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1GW giant battery planned to balance UK’s power grid

Bloomberg Statkraft AS joined with Statera Energy Ltd. to build a 1 gigawatt battery in the UK with a backup generator fuelled by natural gas, part of an effort to profit from the nation’s need to balance its power grid. London-based Statera will build the battery as well as an array of gas reciprocating engines, Norway-based Statkraft said. The systems ...

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