Shares opened higher in Europe after mostly falling in Asia on Wednesday as China reported that inflation surged in October
Global stock markets were mixed Tuesday after Wall Street hit a record for an eighth day. London opened little-changed while Frankfurt, Shanghai and Hong Kong advanced. Tokyo and Sydney declined. On Wall Street, the future for the benchmark S&P 500 index was up less than 0.1%. US stocks were boosted Monday by gains for construction-related stocks after Congress last week approved a $1 trillion infrastructure bill. Meanwhile, the deputy chairman of the Federal Reserve, Richard Clarida, said conditions to raise interest rates might not be met until late next year. Traders worry a spike in inflation might prompt central banks to withdraw stimulus that helped to boost stock prices. Investors will be on the lookout for any clues that signal an adjustment to central banks' taper process and rate hikes expectations, Anderson Alves of ActivTrades said in a report. In early trading, the FTSE 100 in London lost less than 0.1% to 7,298.82 and the DAX in Frankfurt advanced 0.1% to 16,070.01.
The 150 billion yen loss for the founder of SoftBank Group came from his one-third stake in SB Northstar
Big institutions are still paying a decent premium to hedge the S&P 500 Index compared with how tranquil the benchmark has actually been lately
A major rise in oil price will have the 'potential to aggravate inflation scare dramatically,' he says.
Squeezing of liquidity and the likely hardening of bond yields may have a near-term "sentiment" effect on the BFSI sector; overall the policy should not have too much bearing on the equity markets
The Hang Seng Tech Index, which officially started in July last year, dropped as much as 2.5% to slip below the previous closing low on Aug. 20
Stocks stumbled, global bond yields fell and the dollar hit a nine-month peak on Thursday as a double-whammy of Fed taper fears and Covid worries haunted equity markets
The MSCI's broadest gauge of global shares was down 0.1 per cent in European trading, broadly unchanged on the week, as European markets gave up some of their earlier gains
For all the dominance of mega-cap growth names, US stocks led the world during the cyclical upswing in the first half of the year - and that means other regions are now primed for a catch-up
Global stocks headed for their first weekly gain in three amid a surge in commodity prices, while traders braced for a key US jobs report later on Friday
Giving up the board seat allows Wolf to sell GameStop shares for his investors without restrictions to meet redemption requests
The trades triggered price swings for every stock involved in the high-volume transactions
The Oslo-based fund generated $123 billion in returns in 2020, marking its second-best performance ever thanks in large part to tech stocks
Health care is Asia's worst-performing sector this year
Sensex down 2.4% in four sessions
So what has propelled the Indian markets this week? How are foreign flows shaping up? Will the market continue to go up? In this podcast, we discussed the growth trajectory in detail
Global stock markets were mixed on Tuesday after another record-setting rally on Wall Street. London and Frankfurt opened lower, while Shanghai, Tokyo and Hong Kong advanced. US futures were lower a day after Wall Street's benchmark S&P 500 index closed up 0.7%. Investors were encouraged by company earnings, news that a surge in coronavirus cases is easing, progress in distributing vaccines and the possibility of U.S. government stimulus. Despite concern prices might be rising too fast, the momentum behind this reflation trade remains a force to reckon with, said Jingyi Pan of IG in a report. In early trading, London's FTSE 100 declined less than 0.1% to 6,518.19 and Frankfurt's DAX lost 0.2% to 14,032.42. The CAC 40 in Paris was unchanged at 5,686.76. On Wall Street, the future for the S&P 500 and Dow Jones Industrial Average were off less than 0.1%. On Monday, the S&P 500, the Dow and the Nasdaq composite all set records. In Washington, President Joe Biden and ...
Asian shares jumped, with Japanese stocks hitting a 29-year high, as hopes that a long-awaited U pandemic relief package would be expanded and a Brexit trade deal supported investor risk appetites
Asian shares slipped, extending a pullback from multi-year highs hit last week on fears a highly infectious new strain of Covid-19 that shut down UK could lead to a slower global economic recovery