U.S. stocks surged, sending the Dow industrials up more than 500 points, as upbeat economic and earnings reports provided investors with new evidence that the domestic expansion remains on a strong footing.
US stock exchanges recorded biggest losses in 8 months as rising interest rates made investors flee risky stocks. The S&P, Dow Jones and Nasdaq plunged between 3 and 4 percent. Technology shares were among the worst affected. The S&P 500 fell almost 92 points, or just over 3 percent, the biggest daily loss since February […]
Reuters The “National Team” is a group of institutional investors that was formed after a sharp Shanghai Composite index correction in 2015. The team could step in again soon as the US-China trade war escalates, analysts say. Follow the Shanghai Composite Index in real time here. As an escalating trade battle with Washington raises growth […]
REUTERS/Fred Dufour/Pool; Alex Wong/Getty Images European share markets followed Asian counterparts lower on Monday as investors took fright at news Washington was set to announce a new round of tariffs on Chinese goods. President Donald Trump’s expected announcement of new tariffs on $ 200 billion in Chinese goods drew an immediate threat of reprisals from […]
COMPARED with equity investing, bond investing can seem stuck in the dark ages. As hedge funds and asset managers use whizzy algorithms to trade shares automatically, bond-fund managers still often call traders by phone. So when new investing strategies do arise, they make an even bigger splash. “Factor” investing is the latest example. This is […]
Reuters / Brendan McDermid Stocks got whacked Friday, with the Nasdaq Composite shedding nearly 1.5%, after disappointing earnings reports from tech giants Twitter and Intel. The dollar and Treasury yields fell. Here’s the scoreboard:See the rest of the story at Business Insider NOW WATCH: I tried the newest BlackBerry phone for a week See Also: […]
Thomson Reuters Stocks were mostly higher Monday as Wall Street shifted focus from ongoing tensions surrounding the Trump administration to a wave of tech earnings out this week. Financial stocks rallied, with JPMorgan gaining 1.9%. The dollar rose, and the 10-year Treasury yield jumped to its highest level in more than a month. Here’s the scoreboard:See […]
Global stocks fell as investors continued to parse the impact of ongoing tensions over trade between the U.S. and China. The Dow industrials fell more than 300 points in early trade.
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Reuters/Paulo Santos The S&P 500 has formed a bullish triangle pattern that’s setting it up for a break higher, according to David Sneddon, Credit Suisse’s global head of technical analysis. The index’s recent sideways trading is a result of the overbought conditions that prevailed earlier this year. Market breadth and volume gauges are also improving, […]