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…
Meme stocks surge as tech rally gets too pricey for retail investors
By Bansari Mayur Kamdar (Reuters) – Meme stocks have surged in the last few weeks as retail investors shun pricier stocks for cheaper speculative names, but some experts worry that this could…
Marketmind: US inflation cheer gives stocks best week this year
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian equities are on course Friday to round off their best week…
Investors buy Chinese stocks for the first time in almost two months
NEW YORK/LONDON (Reuters) – Global hedge funds added more Chinese stocks to their portfolios than they sold in recent days for the first time in seven weeks, Goldman Sachs Group said in…
Analysis-China slowdown prompts export-reliant Europe stocks rethink
By Joice Alves LONDON (Reuters) – A lack of clarity on Beijing’s planned stimulus measures will mean a mixed appetite for European stocks over the rest of 2023, investors say, with China…
Hopes of political change, surging inflation lure hedge funds to Argentinian stocks
By Amruta Khandekar and Siddarth S (Reuters) – Foreign hedge funds have been lapping up Argentinian equities at cheap valuations in anticipation of a change in political regime and given sky-high inflation,…
Britain’s banks seek government roadmap to tokenise stocks and bonds
By Huw Jones LONDON (Reuters) – Britain’s role as a leading financial centre is at stake unless it comes up with a roadmap for digital representations of stocks, bonds, loans and real…
Analysis-Out-of-sync U.S. stocks hide market risks
By Saqib Iqbal Ahmed NEW YORK (Reuters) – U.S. stocks’ tendency to move in sync has plunged to near-record lows, but what might seem like a stock picker’s dream may actually be…
After first-half rally, stocks’ July winning streak on the line
By Lewis Krauskopf NEW YORK (Reuters) -A U.S. stocks rally is cruising into a month that has proven strong in recent years, though equities must navigate employment data and an earnings season…
Investors pour most money into Japan stocks since 2020-BofA
LONDON (Reuters) – Japanese equity funds have had $7.9 billion of inflows in the past four weeks, the most in a four-week period since April 2020, a report from Bank of America…
India’s mid and small cap stocks risk abrupt corrections, warn analysts
By Bharath Rajeswaran BENGALURU (Reuters) – A roaring rally in mid- and small-cap stocks listed on Indian bourses could see abrupt corrections, as many of them trade at near or record highs…
Fear of missing out on stocks’ rally drives bullish options trading
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Fear of missing out on the recent stock market rally is driving traders in the U.S. equity options market to lap up bullish derivative…
Marketmind: Stocks fight the Fed as markets still not listening
By Naomi Rovnick LONDON (Reuters) – If you looked at red-hot stock markets without following central banks, you could well assume interest rates are being cut. Of course, they are not. The…
China takes next step in currency globalization, with some HK stocks priced in yuan
By Samuel Shen and Georgina Lee SHANGHAI/HONG KONG (Reuters) – China’s gradual internationalisation of its currency will shift to its next leg on Monday when about two dozen Chinese companies start trading…
Thai stocks flounder in absence of China spark
By Rae Wee and Patturaja Murugaboopathy SINGAPORE (Reuters) – Thailand’s stock market has become the symbol of investor disenchantment with China’s economic reopening, going from market darling in January to Asia’s second-worst…
Rallying U.S. stocks are pulling in sidelined investors, Deutsche Bank says
By Saqib Iqbal Ahmed NEW YORK (Reuters) – A steadily rising U.S. stock market appears to be drawing investors off the sideline, one measure of market positioning showed. Positioning among discretionary investors…
Carnival leads gains in cruise stocks as analysts eye strong travel demand
By Chibuike Oguh NEW YORK (Reuters) – Shares of Carnival Corp and Norwegian Cruise Line Holdings Ltd jumped on Monday, and were among the top S&P 500 performers, as analysts anticipate continuing…
Tesla short sellers down $6.08 billion in stock’s 11-session winning streak -S3 Partners
(Reuters) – Traders who have sold Tesla Inc shares short have lost about $6.08 billion on a mark-to-market basis during the electric car maker’s current winning streak, according to the latest data…
Retail traders tiptoe back into U.S. stocks after 3-month hiatus
(Reuters) – Retail trading in U.S. stocks is starting to pick up again after months of slowdown, data showed, as the hype around artificial intelligence (AI) and a tamer interest-rate outlook prove…
Stocks, Treasuries lead US household wealth to 1-year high in early 2023
By Dan Burns (Reuters) – U.S. household wealth climbed to the highest in a year in the first three months of 2023, led by the stock market’s recovery from last year’s bear…
Banks stocks gain after US Congress averts historic debt default
(Reuters) – Shares of U.S. banks rose on Friday after the U.S. Senate on Thursday passed bipartisan legislation that lifted the government’s $31.4 trillion debt ceiling and averted a historic default. Shares…
Surging temple and lottery stocks mirror China’s weak recovery
By Jason Xue and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – Shares in some Chinese temple operators and lottery sellers surged for a second day on Thursday amid a weak post-COVID recovery, as despondent…
Factbox-How megacap stocks fared after hitting $1 trillion in market cap
NEW YORK (Reuters) – A mammoth run in shares of Nvidia Corp has vaulted the chipmaker into a rarified club: U.S. companies that have reached $1 trillion in market value. Nvidia’s market…
Factbox-U.S. debt ceiling deal: Stocks that could benefit
NEW YORK (Reuters) – Here are some stocks that could benefit, according to analysts at U.S. brokerage BTIG, if U.S. lawmakers this week pass a bipartisan deal to raise the $31.4 trillion…
Stocks set for range trading as central banks near end game – Reuters poll
By Hari Kishan BENGALURU (Reuters) – Global stock indices will end this year higher than where they started it but most are set to be confined to ranges in coming months even…
Brazil stocks to keep drifting higher on mixed company results: Reuters poll
By Gabriel Burin and Noe Torres BUENOS AIRES/MEXICO CITY (Reuters) – Brazilian stocks are expected to keep drifting higher this year on mixed company earnings, as food exporters feel the pinch from…
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