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Bloomberg “Stocks Rebound, Dollar Slumps as Trade Angst Ebbs: Markets Wrap.” U.S. equities rallied back from the biggest weekly rout in more than two years, with major benchmarks climbing on signs that an escalation of trade tensions was beginning t...
Bloomberg “China Hits Back on Trump Tariffs as Europe Off Hook for Now.” The trade conflict between China and the U.S. escalated, with Beijing announcing its first retaliation against metals levies hours after President Donald Trump outlined fresh t...
Bloomberg “U.S. Existing-Home Sales Rebound Even as Inventory Remains Tight.” Sales of previously-owned U.S. homes rose more than expected in the first gain in three months, indicating that job gains and tax cuts are supporting demand despite low su...
Bloomberg “Bond Traders Haven't Been So Leery of U.S. Auctions Since the Crisis.” Add one more thing to the list of worries for the world’s most indebted nation: weakening demand at its bond auctions. While there’s no danger of the U.S. being un...
Bloomberg “Blown Earnings Calls Started the Bull Market. One Day They’ll End It.” As the U.S. equity bull market heads into its 10th year with earnings underpinning the case for buying, consider this: at the most important turning points for stock...
Bloomberg “Trump Says No Mexico, Canada Steel Break Without Fair Nafta.” President Donald Trump said the U.S. won’t lower tariffs on steel and aluminum from Mexico and Canada unless the two countries agree to a revamped Nafta that’s fair to the ...
Bloomberg “U.S. Fourth-Quarter Growth Revised Down to 2.5% Annual Pace.” The U.S. economy’s growth rate last quarter was revised slightly downward as inventories subtracted more than previously estimated, Commerce Department data showed Wednesday....
Bloomberg “Traders Are Acting Like Canada and the U.S. Are the Same Economy.” The two biggest North American economies might as well share one central bank as far as traders are concerned. Market-implied tightening by the Federal Reserve and Bank o...
Bloomberg “Einhorn Says Greenlight Posts Worst Underperformance Since 2000.” Hedge fund manager David Einhorn said a shift in favor toward value stocks may soon be coming even after his firm posted its worst underperformance in almost two decades. ...
Bloomberg “European Stocks Falter After Asia Rally; Oil Rises.” European shares struggled to carry forward a rally from Japan and the U.S., where the S&P 500 index notched its best week in five years. Oil climbed while the dollar advanced against mo...
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