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…
Analysis-Political gridlock may help U.S. stocks but inflation still in driver’s seat
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Split control of the U.S. Congress following the midterm elections may provide a tailwind for stocks at the end of a bruising year, but…
Trump-linked stocks slip after initial gains from 2024 bid
By Shreyashi Sanyal (Reuters) -Shares of companies tied to former U.S. President Donald Trump reversed course to fall on Wednesday, following a recent rally in the run-up to him launching a bid…
EU urges cooperation as members refill military stocks amid arms supplies to Kyiv
BRUSSELS (Reuters) -European Union countries should work together in replenishing their military inventories and avoid competing with each other amid ongoing arms deliveries to Ukraine, the bloc’s top diplomat said on Tuesday.…
Crypto stocks slide as FTX prepares for bankruptcy proceedings
(Reuters) – Shares of cryptocurrency and blockchain-related firms dropped on Friday after FTX, one of the biggest crypto exchanges, said it would initiate bankruptcy proceedings in the United States, triggering a potentially…
European shares open higher as luxury, mining stocks jump on China reopening hopes
(Reuters) – European shares opened higher on Friday, with luxury stocks and miners leading the advance on hopes that China will soon ease its strict COVID-19 curbs. The STOXX 600 rose 0.7%…
Rouble drifts lower, Russian stocks retreat from over 5-week high
MOSCOW (Reuters) – The Russian rouble weakened against the dollar ahead of three treasury bond auctions by the finance ministry on Wednesday, hurt by reduced FX supply after the passing of a…
China, HK stocks rebound sharply on unverified social media posts over COVID easing
SHANGHAI (Reuters) – Hong Kong and China stocks jumped on Tuesday after rumours based on an unverified note circulating on social media that China was planning a reopening from strict COVID curbs…
Europe-listed Brazil stocks, Petrobras slip after Lula election win
LONDON (Reuters) – German-listed shares in Brazil’s state-run oil company Petrobras slipped more than 7% in early European trade after leftist leader Luiz Inacio Lula da Silva narrowly defeated President Jair Bolsonaro…
Investors avoiding China stocks face less pain in bearish year for markets
By Jorgelina do Rosario LONDON (Reuters) – Emerging market investors who avoided Chinese shares this year have seen less pain than those with portfolios exposed to the gamut of EM stocks, a…
U.S. stocks price in recession risk more than other assets, says Citi
(Reuters) – U.S. equities have priced in the most recession risk compared with other assets, Citigroup researchers said, warning that was not enough as further losses loom in the wake of an…
France taps strategic fuel stocks to avoid sugar factory stoppages
By Sybille de La Hamaide PARIS (Reuters) – France has released strategic fuel reserves for sugar producers after they warned that a lack of diesel impacting the harvesting of sugar beet could…
Stay sidelined or scoop up stocks? Investors weigh choice as market slides
By Lewis Krauskopf NEW YORK (Reuters) – As a painful decline in markets drags on, investors are grappling with a difficult choice: stick with stocks and hope for a turnaround or avoid…
Chip stocks slide as Samsung, AMD expect steep fall in demand
(Reuters) – Dire forecasts from Samsung Electronics Co Ltd and Advanced Micro Devices Inc sent chip-related shares lower on Friday, sparking fears that a slump in demand for semiconductors could be much…
Taiwan won’t take ‘extreme steps’ on stocks unless really necessary
TAIPEI (Reuters) – Taiwan will not take “extreme steps” to stabilise the falling stock market unless it is really necessary, the head of the island’s financial regulator said on Monday. Taiwan’s benchmark…
Stocks Tumble On The Heels Of Another Disastrous Inflation Report
Stocks Tumble On The Heels Of Another Disastrous Inflation Report John Hugh DeMastri on September 30, 2022 All three major stock indices ended the third quarter in a bear market after…
U.S. pension rebalancing could boost bonds, international stocks, banks say
By David Randall NEW YORK (Reuters) – U.S. fixed income and international equities could benefit from quarter-end rebalancing as pension funds square their books after a brutal three months for most asset…
Rouble hits over 2-month high vs dollar, Russian stocks stutter
By Alexander Marrow MOSCOW (Reuters) – The Russian rouble surged to a more than two-month high against the dollar on Thursday, while geopolitical headwinds halted a tentative recovery on stock markets as…
Analysis-Goodbye, TINA: higher yields muddy outlook for struggling U.S. stocks
By Lewis Krauskopf NEW YORK (Reuters) – Soaring interest rates are providing investors with attractive alternatives to stocks, complicating the picture for equities in an already-vicious year. For years, investors could easily…
APPEC-Oil stocks to rise on slower demand, OPEC cuts needed to bolster prices
(Corrects to 0.5-1 million bpd from 1-1.5 million bpd in paragraph 4) By Emily Chow and Isabel Kua SINGAPORE (Reuters) -Global oil stocks are set to rise next year amid weakening demand…
South Korea plans reforms to tackle ‘Korea discount’ for its stocks
By Joori Roh SEOUL (Reuters) – South Korea plans to announce financial reforms later this year, including its policy on shareholder returns, that could help reduce the “Korea discount” in stock markets,…
Forecast for Fed terminal rate hits new high, shaking stocks and bonds
By Davide Barbuscia NEW YORK (Reuters) – Expectations of how aggressively the Federal Reserve will raise rates in its fight against inflation hit a fresh high this week, exacerbating pressures on stocks…
‘The selling pressure is feeding on itself:’ ARK, meme stocks tumble as Fed hike looms
By David Randall NEW YORK (Reuters) – Sizzling inflation that helped send 2-year U.S. Treasury yields to fresh 14-year highs continued to burn some of the winners of the so-called pandemic bubble…
Rail stocks rise as tentative deal with workers averts shutdown
By Medha Singh and Bansari Mayur Kamdar (Reuters) – Shares of Union Pacific Corp and Norfolk Southern rose on Thursday after major U.S. railroads clinched a tentative deal with unions for better…
Analysis-Rebounding real yields spell trouble for U.S. stocks
By Lewis Krauskopf NEW YORK (Reuters) – Expectations of more jumbo rate hikes from the Federal Reserve are pushing up real yields in the United States, putting pressure on everything from technology…
Column-Europe tops up gas stocks, but winter demand cuts essential: Kemp
By John Kemp LONDON (Reuters) – European countries have increased gas inventories by a record volume this year, but they will still need to reduce consumption sharply this winter to protect themselves…
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