Bloomberg “Stocks Extend Gain on Growth Outlook; Dollar Drops: Markets Wrap.” U.S. and European stocks advanced on Monday, tracking peers in Asia as optimism over the world’s largest economy helped investors put protectionist fears to one side. Treasuries were steady, the dollar fell, and the pound and euro rose. The Standard & Poor’s 500 and....
Bloomberg “Risk-On Mood in Equities Falters; ECB Sinks Bonds: Markets Wrap.” Trade hopes and the end of easy money were the twin themes in trading on Wednesday, with stocks fluctuating near recent highs and bonds falling as this week’s risk-on mood endured. U.S. equities pared gains after opening higher following advances across Asia on signs....
Bloomberg “First Argentina, Then Turkey, Brazil. Now South Africa Reels.” Investors rattled by everything from trade wars to the end of central-bank stimulus are picking off the most vulnerable emerging markets one by one. The rand weakened more than 2 percent on Friday, almost twice as much as any other major peer. That came hot....
Bloomberg “U.S. Stocks Fluctuate as Intense Week Kicks Off: Markets Wrap.” U.S. equities retreated from early highs while European stocks rose as investors eased into a hectic week, during which three major central banks set interest rates, President Donald Trump meets North Korea’s leader and Brexit returns to the fore. The S&P 500 Index gained....
Bloomberg “U.S. Stocks Creep Higher, Dollar Slips Before Fed: Markets Wrap.” U.S. equities edged higher ahead of Wednesday’s Federal Reserve rate decision, while European stocks gained. The dollar slipped as benchmark Treasury yields held steady, and emerging-market currencies extended a drop. The S&P 500 Index rose tentatively in morning trading, with a surge in health-care....
Bloomberg “Draghi Ends ECB Bond-Buying Era Saying Economy Can Beat Risks.” Mario Draghi said the euro-area economy is strong enough to overcome increased risk, justifying the European Central Bank’s decision to stop buying bonds and end an extraordinary chapter in the decade-long struggle with financial crises and recession. Policy makers agreed to phase out the....
Bloomberg “Trump’s China Tariffs Met With Retaliation Vow From Beijing.” The Trump administration moved the U.S. to the edge of a trade war with China by announcing tariffs on $50 billion in Chinese imports and pledging additional investment restrictions, which Beijing immediately vowed to retaliate against. The response from China signaled a rapid escalation of....
Bloomberg “Stocks Retreat on Trade Concern as Oil Gets a Lift: Markets Wrap.” Stocks retreated globally as concern grew over the escalating protectionist standoff between China and the U.S. Oil rose before a key OPEC meeting this week, while Treasuries gained and the dollar steadied. U.S. stocks extended a broad selloff as the Stoxx Europe....
Bloomberg “Stocks Slide, Bonds Rally as Trade Fears Build: Market Wrap.” Investors dumped riskier assets as a trade dispute between the world’s two largest economies showed signs of deepening and accelerating. Stocks dropped, Treasuries rallied and the dollar climbed with the yen. The S&P 500 fell for a third day after losses across Europe and....
Bloomberg “Stocks Climb as Trade Panic Fades; Crude Advances.” Stocks gained from the U.S. to Asia as the panic surrounding a potential trade war showed signs of easing. Treasury yields were steady, while the dollar edged lower and oil rallied. The S&P 500 Index and Stoxx Europe 600 both broke three-day losing streaks. Canada’s benchmark....
Bloomberg “Trump Reversal on Border Policy Leaves Congress on Hook for Fix.” President Donald Trump’s sudden reversal on his policy to split undocumented families at the U.S.-Mexico border temporarily eased pressure on Congress to act on a politically volatile issue, but puts lawmakers no closer to a permanent fix. There is little dispute, however, that....
Bloomberg “OPEC+ Will Boost Oil Output After Saudis Secure a Deal With Iran.” OPEC and allies including Russia will boost oil production starting next month, offering relief to consumers after Saudi Arabia secured a last-minute deal to overcome Iran’s veto threat. “We have an agreement” for a “nominal” production increase of 1 million barrels a....
Bloomberg “Trade Tensions Rattle U.S. Equities; Crude Gains: Markets Wrap.” U.S. stocks slid to a three-week lows as President Donald Trump’s threats of more trade protectionism against major partners were met with Chinese and European vows of retaliation, rattling global equities and sparking demand for the safety of bonds. The S&P 500 Index fell to....
Bloomberg “Stocks Rise, Dollar Gains as Trade Flap Eases: Markets Wrap.” U.S. stocks rose after futures stormed back from overnight declines when America appeared to retreat from the brink of full-blown trade war with China. Treasuries advanced and oil extended gains. The S&P 500 headed for a second straight day of advances and the Stoxx....
Bloomberg “Investors Are Doing a Deep Dive Into the Riskiest Subprime Debt.” Investors hunting for better returns are doubling down on risk in far flung corners of the U.S. bond market. Nowhere is this more striking than in the markets for asset-backed securities and collateralized loan obligations. Below-investment-grade ABS are on track this year to....