WASHINGTON — Rep. Mikie Sherrill sold up to $500,000 in UBS stock just 30 days before the Swiss banking giant’s shares tumbled on concerns over stricter capital requirements, according to…
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…
BALTIMORE, MD—In a significant judicial decision, the United States Supreme Court has invalidated the 2018 federal rule by the Bureau of Alcohol, Tobacco, and Firearms (ATF) that classified bump stocks…
By Jonathan Stempel (Reuters) -Berkshire Hathaway on Wednesday said it has trimmed its huge stake in Apple and shed four common stock holdings, and kept investors guessing on what could…
(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…
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…
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…
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…
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…
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…
(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…
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…
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…
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…
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…
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…
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…
(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…
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…
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…
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…
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…
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…
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…
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…