World stocks break recovery streak with U.S. and China closed

LONDON (Reuters) – World stocks were set to post their first loss in five days on Monday, breaking a winning streak that saw them recover almost half their losses from a violent sell-off two weeks ago. In a day of relatively quiet trading owing to market holidays in the United States and China, losses in Europe weighed on stocks globally, which More...

by admin | Published 17 hours ago
By admin On Sunday, February 18th, 2018
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Asian shares extend global recovery, volatility subsides

TOKYO (Reuters) – Asian shares ticked up on Monday, joining a global recovery for equity markets as sentiment improved gradually from a recent shakeout that stemmed from fears of creeping inflation and higher More...

By admin On Saturday, February 17th, 2018
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Proxy advisory firm ISS says Qualcomm should negotiate sale to Broadcom

(Reuters) – U.S. semiconductor company Qualcomm Inc should try to negotiate a sale to Broadcom Ltd following the latter’s sweetened $ 121 billion offer, proxy advisory firm Institutional Shareholder Services More...

By admin On Saturday, February 17th, 2018
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Stock volatility: back with a bang and here to stay

NEW YORK (Reuters) – U.S. stock markets are unlikely to return to the unusually calm conditions seen last year, even though equities have already recovered more than half the ground lost in the recent selloff More...

By admin On Friday, February 16th, 2018
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World shares set for best week since 2011, dollar hits lowest since 2014

LONDON (Reuters) – World shares were set to post their best week of gains in six years on Friday after two consecutive weeks spent in the red, shrugging off a rise in global borrowing costs while the dollar More...

By admin On Thursday, February 15th, 2018
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Futures roll higher, brushing aside inflation worries

(Reuters) – Wall Street was set to open higher on Thursday, reclaiming further ground ceded during last week’s sell-off, as investors brushed aside inflation data and preferred stocks over bonds for the More...

By admin On Wednesday, February 14th, 2018
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U.S. inflation firms broadly in January, puts spotlight on Fed

WASHINGTON (Reuters) – U.S. consumer prices rose more than expected in January, with a measure of underlying inflation posting its biggest gain in a year, strengthening expectations the Federal Reserve will More...

By admin On Tuesday, February 13th, 2018
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Wall Street dips ahead of inflation data

(Reuters) – U.S. stock indexes fell on Tuesday, undoing two strong days of gains that have settled some investor nerves ahead of a crucial reading on inflation. Strong U.S. consumer price and retail sales More...

By admin On Monday, February 12th, 2018
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Wall Street bounces back after tumultuous week

(Reuters) – Wall Street’s three major indexes rebounded on Monday with broad-based gains as investors regained some confidence after U.S. equities’ biggest weekly drop in two years, but strategists stopped More...

By admin On Sunday, February 11th, 2018
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Global shares try to steady, bonds fret on U.S. inflation

SYDNEY (Reuters) – Asian share markets were struggling to find their footing on Monday as investors fretted about the risks from looming U.S. inflation data, although early gains on S&P futures offered More...