Page 9 - Us Markets

World stock markets hover near record highs on hopes of recovery

U.S. consumer confidence jumped to its highest level in nearly 1-1/2 years in June, with growing labour market optimism as the economy reopens offsetting concerns about higher inflation.

China's Didi Global raises $4.4 billion in upsized US IPO: Report

Chinese ride-hailing company Didi Global Inc raised $4.4 billion in its US IPO on Tuesday, pricing it at the top of its indicated range and increasing the number of shares sold, according to sources

Asian stocks fall for second day as investors look ahead to US jobs data

Asian stock markets declined for a second day Tuesday as investors looked ahead to US employment data for indications of possible inflation pressures. Market benchmarks in Shanghai, Tokyo and Hong Kong retreated. Overnight, Wall Street's benchmark S&P 500 index rose 0.2% to a record as gains for Facebook, Nvidia and other tech stocks offset losses for other industries. Investors are swinging between optimism about a global economic recovery underpinned by coronavirus vaccinations and worry that central banks might feel pressure to withdraw stimulus to cool rising inflation pressures. Traders are watching US jobs data due out Friday for signs of whether the labor market will start to show initial signs of heating, Anderson Alves of ActivTrades said in a report. The Federal Reserve says it believes a rise in prices of oil and other commodities is temporary, but wage increases can be more lasting. Also Tuesday, the World Bank raised its forecast of China's economic growth this year

Global stock markets on edge over Delta virus variant, Fed policy

European stocks, as measured by the pan-European STOXX 600 index, were up 0.4%

Oil prices fall on rising Covid cases in Asia, Eurupe ahead of Opec+ talks

All eyes will be on the Organization of the Petroleum Exporting Countries and its allies, a group known as OPEC+, to see what happens at their meeting on Thursday.

Global shares start week on back foot as Covid-19 infections spike

MSCI's All Country World Index, which tracks shares across 49 countries, was down 0.1% after the open in Europe.

Asian stock markets lower after Wall Street recovers to new high

Asian stock markets declined Monday after Wall Street hit a new high as investors looked ahead to manufacturing indicators from Japan, China and South Korea. Shanghai, Tokyo and Seoul declined. Trading in Hong Kong was suspended due to a weather alert. On Friday, Wall Street's S&P 500 index turned in its biggest weekly gain in four months. Investors have been encouraged by progress in Washington on an infrastructure spending plan. Markets have recovered from the Federal Reserve's announcement that it might start raising interest rates sooner than expected. The S&P's gain is generally telling of improving sentiment, said Mizuho Bank in a report. The Shanghai Composite Index rose less than 0.1% to 3,609.43 while the Nikkei 225 in Tokyo shed 0.3% to 28,984.93. The Kospi in Seoul shed 0.1% to 3,298.52 while the ASX-S&P 500 in Sydney slipped 0.1% to 7,299.00. New Zealand and Jakarta also declined, while Singapore advanced. Investors are looking ahead to monthly surveys of ...

Global shares near record on United States infrastructure bill

Futures pointed to a higher open for share markets in Europe

European stocks slip, Wall Street futures point to a slightly higher open

The STOXX 600 was 0.3% lower on the day but was up around 1.5% from the lows it hit on Monday.

US IPOs hit annual record in less than six months, no signs of slowing down

U.S. initial public offerings have already totalled $171 billion, eclipsing the 2020 record of $168 billion, according to data from Dealogic.

Wall Street slips as Fed mulls policy, economic data disappoints

The readings have investors wondering if the Fed may come out of its meeting Wednesday with any indication it is tweaking its go-slow approach.

Markets near record highs as Fed kicks off two-day policy meeting

Traders around the world are looking for any hints about whether and when the Fed plans to taper its bond-buying programme as the U.S. economy bounces back from the pandemic fallout.

Shares in record-setting spree as US Federal Reserve meeting looms

The two-day Fed meeting starts on Tuesday, with a final statement published after the meeting closes on Wednesday.

Inflation fails to shake US mkts out of torpor, with Fed in driver's seat

Fed officials have repeatedly tamped down fears of inflation running persistently higher than its 2% target

Oil prices hits two-year highs on rising economic demand expectations

Brent futures rose 30 cents, or 0.4%, to settle at $72.52 a barrel, while U.S. West Texas Intermediate (WTI) crude rose 33 cents, or 0.5%, to end at $70.29

GameStop set to report earnings results as shares reach for peak

The company on April 5 said its global sales rose 11% in the first nine weeks of its fiscal year.

Wall Street indexes open flat as investors await inflation data

Wall Street's main indexes opened unchanged on Monday as investors remained on the fence ahead of key inflation data later this week

Some on Wall St try options trade to bet against AMC without getting burned

AMC's stock rose just over 83% this past week

AMC Entertainment drama is exposing risks in $11 trillion world of indexing

The difference now is that investors have poured billions of dollars into products tracking smaller and cheaper stocks in the past six months

Wall St falls as strong data fuels inflation fears; AMC falls sharply

The U.S. 10-year Treasury yield ticked up to 1.6% after ADP national employment data showed U.S. private payrolls increased by 978,000 in May