KamalaCrash Trending on Social Media, Google Search As Stocks Plummet
BEDMINSTER, NJ -The hashtag #kamalacrash is trending on social media platforms like Twitter, X (formerly Twitter), and Facebook, reflecting former President Donald Trump’s commentary linking Vice President Kamala Harris to a significant…
State-backed ‘national team’ of investors piles in to support China stocks
(Reuters) – A rescue operation is underway in China’s equity markets with large and unusual flows into blue-chip funds suggesting a plunge by state-backed investors. It is unclear exactly who is buying,…
Analysis-Megacap stocks keep lifting US market, but worries over their dominance grow
By Lewis Krauskopf NEW YORK (Reuters) – Earnings reports this week from five of the so-called Magnificent Seven stocks are putting a renewed focus on risks from the group’s outsize weighting in…
Strong US economic outlook buffers stocks against rising yields -Goldman
By Lewis Krauskopf NEW YORK (Reuters) – A strong economic outlook is helping U.S. stocks weather a rise in Treasury yields, though that could change if factors such as tighter monetary policy…
Hedge funds lap up China stocks at fastest pace in 5 years – Goldman
By Nell Mackenzie LONDON (Reuters) – Hedge funds snapped up battered Chinese stocks over three days last week at the fastest pace in more than five years, Goldman Sachs wrote in a…
Marketmind: Asia stocks soar despite big week for risk
A look at the day ahead in European and global markets from Kevin Buckland Neither Wall Street’s wobble nor the liquidation of China Evergrande, the poster child of the property meltdown, stopped…
China fund with US stocks halts trading to calm investor fever
SHANGHAI (Reuters) – A Shanghai-listed fund that holds U.S. stocks took the unusual step of suspending trading on Friday, saying it was necessary to protect investors after prices hit record levels in…
Hong Kong stocks bounce after PBOC announces RRR cut, China up
(Corrects the headline to delete “rate” and changes to reserve requirement ratio cuts in the 2nd paragraph) By Summer Zhen HONG KONG (Reuters) -Hong Kong stocks clocked their best day in more…
Marketmind: No luck for China stocks, or for Barbie
A look at the day ahead in European and global markets from Ankur Banerjee As the optimism around a rescue package for the bruised Chinese stock market ebbs, with investors still sceptical…
Marketmind: Testing China, Hong Kong stocks’ bounce back ability
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Investor sentiment towards China has picked up following a report that Beijing is considering a hefty package to…
Hedge funds net purchasers of stocks for first time in 10 weeks, Bank of America says
NEW YORK (Reuters) – Hedge funds bought more U.S. stocks than they sold last week for the first time in ten weeks, adding $554 million to their portfolios, Bank of America said…
US-listed China stocks bounce off lows on hopes of Beijing support
By Medha Singh (Reuters) – New York-listed shares of Chinese companies bounced back on Tuesday after a dour start to the year, after a report of a rescue package for the slumping…
Trump-linked stocks soar after DeSantis throws in the towel
By Noel Randewich (Reuters) – Shares of Digital World Acquisition, the blank check firm set to take former U.S. President Donald Trump’s social media platform public, soared to their highest in 19…
Wall Street’s ‘fear gauge’ hits two-month high as stocks slide
By Saqib Iqbal Ahmed NEW YORK (Reuters) – A decline in U.S. stocks sent Wall Street’s “fear gauge” to a two-month high on Wednesday, as investors tempered rate cut expectations after stronger-than-expected…
Foreign flows into Japan stocks topped 6 trln yen in 2023
(Reuters) – Foreign investors made hefty investments in Japanese stocks in 2023, buoyed by optimism around corporate governance reforms and a weaker yen against the dollar. Japanese stocks accumulated about 6.3 trillion…
Analysis-Unloved healthcare stocks draw investors despite US election risks
By Lewis Krauskopf NEW YORK (Reuters) – The U.S. healthcare sector is showing signs of life after lagging in 2023 as investors bet cheap valuations will offset a tendency to underperform during…
High market hopes raise stakes as US stocks face inflation data, earnings
By Lewis Krauskopf NEW YORK (Reuters) – Investors’ hopes are running high to start 2024, which could set up U.S. stocks for a rocky stretch if some expectations are not met. Despite…
Shipping stocks rise, biggest gainers in Europe at start of 2024
By Samuel Indyk LONDON (Reuters) – Shipping companies have been the best performing stocks in Europe since the start of 2024, and were set for their biggest weekly jump in years, as…
Marketmind: Stocks’ win streak falls prey to rethink on Fed
By Kevin Buckland A look at the day ahead in European and global markets from Kevin Buckland The story of 2024 thus far has been an aggressive repricing of dovish Federal Reserve…
Short sellers lost $195 billion in 2023 bets against US, Canadian stocks -S3
By Carolina Mandl NEW YORK (Reuters) – Investors who bet against U.S. and Canadian stocks had paper losses of $194.9 billion last year following a sharp market rally, data provider S3 Partners…
AQR ends 2023 with double digit returns thanks to stocks, gas and iron ore – source
By Nell Mackenzie LONDON (Reuters) -Billionaire investor Cliff Asness’s AQR Capital Management finished 2023 with double digit returns in several of its funds, buoyed by stock selection, bonds, European natural gas and…
Marketmind: Stocks sober up but rate cut party lives on
A look at the day ahead in European and global markets from Rae Wee Asian shares stalled on Thursday after a late sharp selloff on Wall Street that left traders scratching their…
Investors dumped cash and bought stocks in December – BofA
LONDON (Reuters) – Investors turned more bullish in December, buying stocks and reducing cash holdings on expectations the U.S. Federal Reserve has finished raising interest rates and the global economy will avoid…
Shipping stocks extend rally as Red Sea traffic paused
MILAN (Reuters) -Shipping stocks kept rising across Europe on Monday after A.P. Moller-Maersk and other top freight firms paused journeys through the Suez Canal following attacks on vessels in the Red Sea…
Investors go ‘all-in on infallible Fed’, dumping cash and buying stocks -BofA
LONDON (Reuters) – Investors dumped cash and bought stocks in the week to Wednesday, according to BofA Global Research, as hopes of interest rate cuts drove equity and bond prices higher. Investors…
Bank stocks rally to pre-crisis levels after Fed meeting
By Sinéad Carew (Reuters) – Shares in U.S. banks were rallying strongly on Thursday after the Federal Reserve signaled potential interest rate cuts in 2024 with the sector returning to its highest…
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