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US stocks fluctuate amid earnings as ECB sends bonds lower

  Bloomberg Earnings continued to set the tone on global equity markets, as equities from Europe to the U.S. fluctuated with investors looking for evidence that economic growth is bolstering profits. Government bonds retreated after the European Central Bank signaled stimulus expansion was on hold. The S&P 500 Index swung between gains and losses after closing at its sixth record ...

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Gulf falls on oil and earnings, Egypt hit by FX worries

Bloomberg Most Gulf stock markets fell on Thursday amid soft oil prices and mixed corporate earnings, while Egypt was hit once again by concern about instability in the country’s currency. Dubai’s index edged down 0.1 percent. Dubai Parks & Resorts surged 3.8 percent but real estate stocks were weak, with Deyaar Development dropping 1.1 percent after reporting a 17.8 percent ...

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Swatch H1 profit dips to lowest in seven years

  Bloomberg Swatch Group AG, the maker of Omega and Tissot timepieces, reported its lowest first-half profit in seven years as demand cratered in Hong Kong, France and Switzerland. First-half operating profit declined 54 percent to 353 million francs ($359 million), the Biel, Switzerland-based company said in a statement on Thursday. The company said last week that earnings at that ...

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