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…
Trading houses help Venezuela replenish fuel stocks under US license
By Marianna Parraga HOUSTON (Reuters) – Trading houses that emerged as early buyers of Venezuelan crude following an U.S. easing of oil sanctions in October are now supplying state company PDVSA with…
Year-end rally in US stocks faces twin tests as Fed, inflation data loom
By Lewis Krauskopf NEW YORK (Reuters) – The Federal Reserve’s last monetary policy meeting of 2023 and a U.S. inflation report in coming days should test a stock market rally that some…
Citi strategists upbeat on US stocks in 2024, fueled by earnings
By Lewis Krauskopf NEW YORK (Reuters) – The S&P 500 is poised for solid gains next year on strong earnings growth and a broadening of the stock market’s rally, strategists at Citigroup…
UAE markets end lower on decline in financial, industrial stocks
By Mohd Edrees (Reuters) – Stock exchanges in the United Arab Emirates closed in red on Friday, with industrial and financial stocks taking the biggest hit as investors were cautious ahead of…
Analysis-Global small-cap stocks lure bargain hunters after sluggish 2023
By Samuel Indyk and Lewis Krauskopf LONDON/NEW YORK (Reuters) – Shares of smaller companies that have lagged for most of 2023 are drawing investors on both sides of the Atlantic, as they…
Marketmind: Optimism over peaking rates propels stocks
A look at the day ahead in European and global markets from Kevin Buckland European stocks are set for a bullish start if they follow the Asia-Pacific lead, buoyed by a drop…
Despite China jitters, Taiwan stocks soar as investors buy in before election
By Faith Hung and Rae Wee TAIPEI/SINGAPORE (Reuters) – Taiwan’s stock market is soaring ahead of elections next month that will shape relations with China, which claims the island as its own,…
Hedge funds sold stocks last week, led by financials and staples
NEW YORK (Reuters) – Global hedge funds sold more than bought equities for a third consecutive week last week, dumping shares mainly in consumer staples and financials, a BofA Securities note about…
Trend hedge funds start holiday season by buying stocks, JPMorgan says
By Nell Mackenzie LONDON (Reuters) – Trend-following hedge funds began December in bullish mood, buying U.S., European and Japan stocks, a prime brokerage note from JPMorgan said. The S&P 500 and Japan’s…
Global hedge funds further offloaded Chinese stocks in Nov
By Summer Zhen HONG KONG (Reuters) – China and broader emerging Asia market stocks were among the most net sold regions by global hedge funds in November, Goldman Sachs said, as fund…
Crypto stocks set to start December on high note as bitcoin hits near 19-month high
(Reuters) -Shares of crypto miners and bitcoin-tracking companies rose on Friday as the world’s largest cryptocurrency extended a recent rally to touch a near 19-month high on improving risk appetite. Bitcoin, up…
Italy, Spain stocks hit peaks after over 20% rally in 2023
By Matteo Allievi and Danilo Masoni GDANSK/MILAN (Reuters) – Italian and Spanish stocks hit multi-year highs on Thursday following a rally of over 20% so far this year that has placed them…
Analysis-Kishida’s NISA bet is paying off, just not for Japanese stocks
By Junko Fujita and Brigid Riley TOKYO (Reuters) – Japan’s big tax break to incentivise its citizens to funnel some of the trillions of yen held in cash into stock market investments…
JPMorgan strategists see ‘challenging’ backdrop for US stocks in 2024
By Lewis Krauskopf NEW YORK (Reuters) – J.P. Morgan equity strategists on Wednesday issued a dour outlook for U.S. stocks for the year ahead, pointing to weak expected earnings growth, expensive valuations…
J.P.Morgan sees “challenging” backdrop for stocks in first half of 2024
(Reuters) – J.P.Morgan expects economic uncertainty clouding the outlook for risky assets in the first half of next year as investors look for clarity on the direction of monetary policy. “Equities will…
China sees an ETF boom as investors wait for stocks to trough
By Jason Xue and Tom Westbrook (Reuters) – Chinese stock investors are ploughing money into exchange-traded funds (ETFs) this year at the fastest pace on record as they choose to play a…
Hedge funds dump healthcare stocks, buy small caps – BofA
By Carolina Mandl NEW YORK (Reuters) – Hedge funds cut their exposure in equities, mainly in healthcare, while adding a bit of small-cap stocks to their portfolios last week, according to a…
BlackRock Investment Institute cuts developed market stocks to ‘neutral’
(Reuters) – BlackRock Investment Institute on Monday cut its rating on developed market equities to “neutral”, after being “overweight” since the end of pandemic lockdowns in Western nations, due to attractive valuations.…
Marketmind: Stocks stall after VIX hits pre-COVID low
A look at the day ahead in U.S. and global markets from Mike Dolan Global markets took a sharp intake of breath on Monday after seeing Wall St’s ‘fear gauge’ hit its…
Investors pour $40 billion into stocks in two weeks as markets surge -BofA
By Harry Robertson LONDON (Reuters) – Investors have poured $40 billion into stocks since Oct. 9, the biggest two-week inflow since February 2022, as equities rallied, Bank of America said on Friday.…
Marketmind: Giving thanks you’re not in China stocks
A look at the day ahead in U.S. and global markets from Mike Dolan As Americans take a quick peek at markets on Friday before resuming a long Thanksgiving weekend, the takeaway…
Mexico stocks to gain further in 2024 on faster economic growth: Reuters poll
By Gabriel Burin and Ana Isabel Martinez BUENOS AIRES/MEXICO CITY (Reuters) – Mexican stocks will likely gain further in 2024, propelled by faster economic growth, but local markets may go through some…
Hedge funds ghost tech stocks and sell consumer staples – Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Global hedge funds ditched technology stocks by selling long positions and exiting short bets at the fastest weekly pace in seven months, Goldman Sachs said on…
Hefty options ‘disaster hedges’ draw buyers as US stocks extend rally
By Saqib Iqbal Ahmed NEW YORK (Reuters) – A string of hefty bets on a doubling of Wall Street’s best known volatility index is raising eyebrows in the U.S. equity options markets,…
Systematic hedge funds pummeled in post-U.S. CPI stocks rally – Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Global hedge funds that use algorithms to trade suffered their second worst single day this year on Tuesday, as softer than expected U.S. inflation numbers sparked…
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