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 banks, asset managers study halving stocks settlement time
By Huw Jones LONDON, Mar 2 (Reuters) – Banks and asset managers have set up a new task-force to study whether Europe should keep up with Wall Street by halving the time…
Column-Clock ticks on lofty U.S. stocks: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) – To paraphrase John Maynard Keynes’s apocryphal quote, stock markets are staying over-valued longer than investors are staying rational, but the relentless rise in bond yields…
Analysis-European stocks lure global investors as rate hikes hurt U.S. more
By Shreyashi Sanyal (Reuters) – Global equity investors are finding financials-heavy European markets more alluring than their U.S. counterparts packed with expensive technology stocks in their rush for better returns amid growing signs…
Macau casino stocks, bonds on a roll as Chinese visitors return
By Georgina Lee HONG KONG (Reuters) – Chinese tourists are returning to Macau in hordes after Beijing lifted its restrictions on travel to the world’s biggest gambling hub, lifting stocks and bonds…
Toronto stocks seen up 6.2% by year-end, despite ‘wall of worry’: Reuters poll
By Fergal Smith TORONTO (Reuters) – Canada’s main stock index will add to its rally this year and hit a record high in 2024 as the Bank of Canada turns less hawkish…
New year rally in European stocks to run out of steam: Reuters Poll
By Lucy Raitano and Samuel Indyk London (Reuters) – Potential downward earnings revisions and uncertainty over the outlook for monetary policy are leading analysts and strategists to take a cautious view on…
Saudi Arabia’s PIF says U.S. stocks value falls nearly $6 billion in fourth quarter
By Yousef Saba DUBAI (Reuters) – Saudi Arabia’s sovereign Public Investment Fund held $30.9 billion worth of U.S. stocks at the end of 2022, down from $36.8 billion at the end of…
BlackRock cuts Japanese stocks to “underweight” on hawkish BOJ risks
(Reuters) – BlackRock Investment Institute cut Japanese stocks to “underweight” on Monday, saying that a Bank of Japan (BOJ) policy change away from its “ultra-loose” monetary strategy could push global yields higher…
Investors see Hong Kong property stocks, funds as reopening trades
By Georgina Lee HONG KONG (Reuters) – As global investors look for ways to profit from China’s reopening from pandemic controls, the beaten-down shares of Hong Kong’s property firms and real estate…
Airbus urges suppliers to carry extra stocks amid output snags
By Valerie Insinna SEATTLE (Reuters) – Airbus laid down the law to its stretched supply chain on Wednesday, with a senior U.S. executive reminding contractors to meet timing and quality targets and…
Asian stocks draw massive foreign inflows on softer dollar, growth optimism
By Gaurav Dogra (Reuters) – Emerging Asia ex-China stocks received massive inflows in January, with investors expecting the U.S. Federal Reserve to slow down the pace of its rate hikes and as…
Instant view: Stocks climb, dollar and U.S. Treasury yields fall as Powell speaks
NEW YORK (Reuters) – U.S. stocks rallied while the dollar and Treasury yields fall as Chair Jerome Powell said the jobs data on Friday showed why the central bank has some ways…
Turkey’s lira hits record low but rebounds after quake, stocks slip
LONDON (Reuters) – Turkey’s lira briefly dipped to a record low and its main stock market fell 1.35% on Monday as a major earthquake added to pressures from a strong dollar and…
AI stocks rally in latest Wall Street craze sparked by ChatGPT
(Reuters) – Shares of C3.ai Inc, BigBear.ai and SoundHound AI extended a rally on Monday as artificial intelligence becomes a new buzzword on Wall Street with the viral success of ChatGPT chatbot,…
Chinese investors pivot to stocks from bonds on recovery hopes – funds report
SHANGHAI (Reuters) – Chinese investors are starting to shift money from bonds to stocks, betting on a robust recovery for riskier assets as the government’s policy pivots to boost growth, the latest…
Wood’s ARK Innovation Fund on pace for best month ever as battered stocks surge
By David Randall NEW YORK (Reuters) – Cathie Wood’s ARK Innovation Fund is closing in on the best monthly performance in its history as it rides a rebound in many of the…
Marketmind: Asian stocks – soaring and roaring
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Spurred by a solid rally on Wall Street after upbeat U.S. economic growth data on…
U.S. crude stocks highest since June 2021 as fuel demand falls -EIA
By Laura Sanicola (Reuters) – U.S. crude inventories rose last week as demand for fuels tapered off, and while the increase was less than expected, crude stocks reached the highest level since…
Europe’s stellar stocks and bonds rally has gone too far – Amundi
By Naomi Rovnick LONDON (Reuters) – A blazing rally in European stocks and government bonds has gone too far, the chief investment officer of the region’s largest asset manager said on Wednesday,…
Investing in South Korean stocks to get easier for foreigners in 2023 – regulator
SEOUL (Reuters) – South Korea plans to scrap a number of regulations in the local stock market within this year to make investment easier for foreign investors, its financial regulator said on…
Here’s How Long It Will Take To Replenish US Weapons Stocks Sent To Ukraine
Here’s How Long It Will Take To Replenish US Weapons Stocks Sent To Ukraine Micaela Burrow on January 22, 2023 The U.S. will not be able to restock inventories of critical munitions…
Greenlight marks stellar 2022 on shorting tech stocks
(Reuters) – Hedge fund manager Greenlight Capital said on Tuesday its fund rallied 36.6% in 2022 in one of its best years ever, thanks to a profitable long book and shorting technology…
Upcoming Chinese holiday, high coal stocks keeping lid on Australian trade
By Muyu Xu and Melanie Burton SINGAPORE/MELBOURNE (Reuters) – Chinese interest in Australian coal has been limited by the upcoming Lunar New Year holiday and high domestic inventories, meaning few deals have…
Morgan Stanley bumps up China growth, stocks and yuan forecasts
By Marc Jones LONDON (Reuters) – Morgan Stanley has bumped up its China growth, stock market and yuan forecasts again, becoming the latest Wall Street heavyweight to do so as the country…
Rebounding EM stocks pass “bull market” threshold
LONDON (Reuters) – Fast-charging emerging market stocks were entered so-called “bull market” territory on Monday, as another China-driven surge in Asia’s biggest bourses pushed MSCI’s main EM index 20% above its last…
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