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…
Wall St slides at open as rising bond yields hit growth stocks
(Reuters) – Wall Street’s major indexes opened lower on Monday as rising U.S. Treasury yields amid prospects of aggressive monetary policy tightening weighed on growth stocks, with the sentiment taking a hit…
Battered U.S. stocks may not be bargains as investors brace for inflation data
By Lewis Krauskopf NEW YORK – U.S. stocks’ tumble this year is putting an increased focus on equity valuations, as investors assess whether recently discounted shares are worth buying in the face…
Norway wealth fund unable to sell Russian stocks now, CEO says
OSLO – Norway’s sovereign wealth fund is currently unable to sell its portfolio of Russian stocks as the market for such assets is not functioning and many firms are on global sanctions…
Rouble climbs to March 2020 levels vs euro, stocks up
(Reuters) – The Russian rouble extended gains in early Moscow trade on Thursday, supported by month-end tax payments that led to increased conversion of foreign currency into roubles, while stock indexes posted…
MSCI eastern Europe stocks index drops after Russia cuts gas to Poland, Bulgaria
(Reuters) – MSCI’s emerging market eastern Europe equity index dropped as much as 1.2% in early trading on Wednesday after Russia cut gas supplies to Poland and Bulgaria. This is the fifth…
QUOTES-Wall Street clobbered, dragged down by Nasdaq and growth stocks
(Reuters) – The tech-heavy Nasdaq led Wall Street lower on Tuesday with a 3% slump, and the S&P 500 briefly fell 2%, as nerves ahead of earnings from megacap growth and technology…
Analysis-Positive real yields may spell more trouble for U.S. stocks
By Lewis Krauskopf NEW YORK – A hawkish turn by the Federal Reserve is eroding a key support for U.S. stocks, as real yields climb into positive territory for the first time…
U.S. crude stocks surge on strategic reserve release
By David Gaffen (Reuters) – U.S. crude stocks surged by more than 9 million barrels, in part due to releases from the nation’s strategic reserves, while gasoline and distillate inventories fell last…
Inflation angst sends European stocks lower for third day
(Reuters) – European shares retreated for a third straight session on Wednesday as anxiety about elevated inflation and its potential impact on upcoming earnings season dampened risk appetite. The pan-European STOXX 600…
Wall St opens lower as surging yields hit growth stocks
(Reuters) – U.S. stock indexes opened lower on Monday, dragged down by high-growth stocks as Treasury yields surged, ahead of Tuesday’s inflation data that could back a more hawkish stance from the…
Beaten-down growth stocks alluring as Fed slows U.S. economy
By David Randall NEW YORK – Some investors are looking for bargains in beaten-down growth and tech stocks, betting they will shine as the Federal Reserve fights to slow the US economy…
Analysis-Guns and power: Positioning for new era in European stocks
By Joice Alves and Danilo Masoni LONDON – A month of the war in Ukraine briefly erased a year’s worth of gains for European equities but the continent’s bourses have quickly recovered…
Take Five: Q2 to test resilient stocks, peak inflation
(Reuters) – As the second quarter gets underway, the biggest question is when soaring inflation will finally peak. Federal Reserve minutes and a Reserve Bank of Australia meeting will provide insights on…
Investors shelter from twin declines in U.S. stocks, bonds
By David Randall NEW YORK – Side-by-side declines in U.S. equity and fixed income markets are pushing investors into cash, commodities and dividend-paying stocks as geopolitical uncertainty and worries over a hawkish…
After sizzling rebound, investors weigh whether stocks have more bounce
By Lewis Krauskopf NEW YORK – Wall Street stormed back this week after absorbing a long-awaited rate hike from the Federal Reserve, leaving investors to determine whether stocks are set for a…
Investors keep out of European stocks, flock to U.S. – BofA
LONDON – Investors pulled money out of European equities for a fifth week in a row and flocked to U.S. equities as the Russian invasion of Ukraine weighed on the continent’s bourses,…
Credit Suisse upgrades Chinese stocks to ‘overweight’
MILAN – Swiss bank Credit Suisse has upgraded Chinese stocks to ‘overweight’ following a recent commitment by the country’s policymakers to support the economy. “We think that Chinese equities offer attractive upside…
China stocks leap after State Council pledges support for economy, capital markets
SHANGHAI – Hong Kong stocks jumped 9% on Wednesday to mark their best day since 2008, after China’s top policymaker assured markets of stability and support and helped put a floor under…
Toronto index falls as sliding commodities weigh on energy, material stocks
By Bansari Mayur Kamdar – Canada’s benchmark index extended losses for a third straight session on Tuesday, as weakness in energy and metal prices due to rising COVID-19 cases in China weighed…
U.S.-listed China stocks fall on COVID surge, Russia
LONDON – Chinese companies listed in New York fell sharply during premarket trade on Tuesday after surging COVID-19 cases fuelled fears for the world’s second-largest economy and sent mainland firms listed in…
Putin signs law on using rainy-day fund to buy OFZ bonds, stocks – RIA
– Russia’s President Vladimir Putin has signed a law on using the country’s rainy-day National Wealth Fund to buy OFZ government bonds and stocks, the RIA news agency reported on Wednesday. Putin…
U.S. ban on Russian oil spooks jumpy European stocks
By Sruthi Shankar, Bansari Mayur Kamdar and Susan Mathew -European shares slipped on Tuesday, as the United States banned Russian oil imports, raising volatility and fears of global stagflation, and offsetting a…
UBS downgrades eurozone stocks on earnings risk
MILAN – The wealth management arm of Swiss bank UBS has downgraded euro zone equities to neutral citing the potential for negative economic and earnings growth revisions amid growing uncertainty following Russia’s…
Citigroup hikes U.S. equities to ‘overweight’, sees demand for growth stocks
– Citigroup upgraded U.S. equities to “overweight” rating on Thursday on analysts’ expectations of a revival in appetite for growth stocks due to a sharp drop in bond yields following the Ukraine-Russia…
Stocks set for a painful week as conflict intensifies; bonds to gain
By Saikat Chatterjee LONDON – World markets were set for another tumultuous week after Western nations announced a harsh set of sanctions to punish Russia for its invasion of Ukraine and as…
Breaking News
