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…
European shares fall for fifth day as real estate stocks tumble
By Bansari Mayur Kamdar and Sruthi Shankar (Reuters) -European shares fell for a fifth day in a row on Wednesday, with real estate stocks hammered by bearish brokerage comments on UK landlords,…
Analysis-Harsh reality of ‘higher-for-longer’ rates looms over US stocks
By Lewis Krauskopf, David Randall and Carolina Mandl NEW YORK (Reuters) – As the Federal Reserve’s hawkish stance boosts Treasury yields and slams stocks, some investors are preparing for more pain ahead.…
Higher yields weigh on European shares, luxury stocks enter bear market territory
By Bansari Mayur Kamdar and Sruthi Shankar (Reuters) -European shares fell for a fourth day on Tuesday, with rate-sensitive technology and real estate stocks pressured by surging bond yields, while fears over…
Real estate stocks extend losses as rates soar
By Sinéad Carew (Reuters) – Shares in real estate companies fell on Friday, adding to a massive sell-off the previous day, when bond yields jumped to their highest levels in 16 years…
Nvidia, other US chip stocks stall over valuation, industry worries
By Lewis Krauskopf NEW YORK (Reuters) – Some of the shine is wearing off shares of Nvidia and other U.S. semiconductor companies after a stunning 2023 rally, as investors weigh steep valuations,…
BofA lifts S&P 500 2023-end target by 7%, led by “old economy” stocks
(Reuters) – BofA Global Research said on Wednesday it expects the S&P 500 to end 2023 nearly 7% higher than it previously forecast, and that “old economy” stocks on the blue-chip index…
New marijuana ETF hits the block amid pot stocks rally
By Bansari Mayur Kamdar (Reuters) – Subversive Capital Advisor launched its sixth exchange-traded fund – Subversive Cannabis ETF – on Tuesday, just as recent U.S. moves to ease curbs sparked a rally…
Hedge funds sell energy stocks, increase bearish bets – Goldman
By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) – Hedge funds ditched energy stocks last week for the first time in three weeks, despite a rally in oil prices triggered by…
Biggest hedge funds have doubled footprint in U.S. stocks since 2014- Goldman
By Nell Mackenzie and Carolina Mandl LONDON (Reuters) – The world’s five biggest hedge funds have doubled their footprint in the U.S. stock market through leverage and trading positions since 2014, according…
‘Higher for longer’ rates remain a threat to U.S. stocks after inflation data
By David Randall NEW YORK (Reuters) – The latest U.S. inflation data is unlikely to ease worries over persistently high Treasury yields that have gnawed on stocks over the last few weeks,…
Chinese stocks lead foreign exodus from emerging markets in August -IIF
By Rodrigo Campos NEW YORK (Reuters) – Chinese stocks took a record hit as foreign investors yanked $15.5 billion out of emerging market portfolios in August, the largest monthly outflow in a…
Fed meeting comes during historically tough week for US stocks
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The U.S. stock market could be set for a rocky second half of September, particularly the week after the September 15 monthly options expiration,…
Wealthy families pile into bonds, private equity while shedding stocks – Citi
By Tatiana Bautzer NEW YORK (Reuters) – Wealthy families loaded up on bonds and private equity investments in the first half of the year while slashing their stock exposure, according to a…
HSBC to raise mortgage rates in Hong Kong; property stocks fall
By Xie Yu and Selena Li HONG KONG (Reuters) -HSBC Holdings will raise its mortgage rates in Hong Kong by a maximum of 50 basis points, a spokesperson for the bank said…
Marketmind: China’s weak property stocks set the pace
A look at the day ahead in European and global markets from Kevin Buckland A light calendar for Europe today means markets are likely to take their cues from Asia, and there’s…
AI fatigue sets in as investors sell tech for first time in weeks
By Samuel Indyk LONDON (Reuters) -Investors are starting to grow weary of the hype around artificial intelligence, as evidenced by the first outflow from technology stocks in almost three months, according to…
Marketmind: Fed steals focus, stocks sell off
A look at the day ahead in European and global markets from Kevin Buckland The dominating theme in global financial markets is once again central bank policy, and equity investors in particular…
Treasuries set for worst streak since U.S. independence, as investors bag tech stocks
LONDON (Reuters) – Bullish investors poured money into tech stocks for the 10th straight week, the longest streak in two years BofA Global Research said, while U.S. Treasuries are set for their…
Stocks for New Jersey’s Offshore Wind Developer Orsted Crash
ATLANTIC CITY, NJ – Orsted, the company tasked by New Jersey Governor Phil Murphy saw its shares plummet today in a sign of bad news to come for the controversial offshore wind…
Japan’s Simplex launches first ETFs focused on stocks below book value
By Junko Fujita TOKYO (Reuters) – Japan’s Simplex Asset Management said it will launch exchange-traded funds focused on undervalued stocks, including the first aimed at shares below book value, reflecting demand for…
BofA sees “trouble” ahead for tech stocks despite big inflows
By Lewis Krauskopf and Yoruk Bahceli (Reuters) – Strategists at BofA Global Research see second-half “trouble” for technology stocks even as the sector took in its largest inflow in 10 weeks, the…
Analysis-U.S. stocks may not be ready for hawkish Powell at Jackson Hole, options data show
By Saqib Iqbal Ahmed WASHINGTON (Reuters) – Investors may be underestimating the degree of potential market turbulence stemming from the Federal Reserve’s economic symposium at Jackson Hole, Wyoming, potentially leaving them more…
Bounce in European property stocks: false start or turning point?
By Danilo Masoni MILAN (Reuters) – It’s hard to be bullish about real estate in an environment of sharply higher interest rates. Yet unloved property stocks in Europe staged a surprise rally…
Analysis-Investors look to AI-darling Nvidia’s earnings as US stocks rally wobbles
By Lewis Krauskopf NEW YORK (Reuters) – Bullish investors are hoping Wednesday’s earnings report from chip heavyweight Nvidia can rejuvenate a U.S. stocks rally that has stumbled in recent weeks. Nvidia shares…
Goldman Sachs sees room for investors to grow more bullish on US stocks
By David Randall NEW YORK (Reuters) – The sharp increase in investor equity allocations to U.S. stocks since the start of the year still has room to expand before breaching historical norms,…
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