Japan Lifts Asian Equities, Dollar Rally Cools: Markets Wrap – Yahoo Finance
(Bloomberg) — Asian stocks edged higher, while the dollar and U.S. Treasuries were firm on strong U.S. trading triggered by waning expectations for the U.S. Federal Reserve's interest rate cuts. Most Read Articles on Bloomberg Japan's benchmark rose about 1%, supported by a weaker yen as Japan's economic growth slowed. South Korean stocks fell after […]
Stock market today: Dow, S&P 500, Nasdaq slip with Powell speech, Trump-led sweep in focus – Yahoo Finance
U.S. stocks saw post-election gains stall further on Thursday, with investors praising Federal Reserve Chairman Jerome Powell's remarks in which he said the central bank was in “no hurry” to cut interest rates. It fell as a result of what happened. The market fell sharply following Chairman Powell's remarks. The Dow Jones Industrial Average (^DJI) […]
US Futures Waver as PPI Keeps Rate Debate Open: Markets Wrap – Yahoo Finance
(Bloomberg) — U.S. stock futures firmed after producer price inflation was in line with expectations as investors debated the possibility of a December interest rate cut. Most Read Articles on Bloomberg U.S. Treasury yields rose on the data, with S&P 500 and Nasdaq 100 contracts giving up modest gains, amid signs that post-election stock gains […]
Dollar holds firm at one-year high on Trump trade momentum – Yahoo Finance
Written by Kevin Buckland TOKYO (Reuters) – The U.S. dollar hit a one-year high against major currencies on Thursday, heading for a fifth straight day of gains, boosted by rising yields and Donald Trump's election victory. The dollar rose above 156 yen for the first time since July. The euro fell to $1.0546, the lowest […]
Berkshire B class ETF may not appeal to long term investors: Expert – Yahoo Finance
Kium Securities and Tidal Investments are working to package Berkshire Hathaway's Class B shares (BRK-B) into a leveraged ETF, according to a regulatory filing. THOR Financial Technologies Chief Investment Officer Brad Ross speaks brad smith This week's ETF report “These leveraged products only work in the short term of a few days, right? So if […]
China Taps Global Bankers for Feedback to Lift Market Confidence – Yahoo Finance
(Bloomberg) — China’s securities regulator is gradually increasing the frequency of its interactions with banks around the world, according to people familiar with the matter, with the aim of gathering views on recent economic stimulus measures. Consultations that used to be held quarterly have been stepped up to once a week or occasional inquiries in […]
Buffett’s Berkshire Is Being Packaged Into a Leveraged ETF – Yahoo Finance
(Bloomberg) — Warren Buffett created Berkshire Hathaway's Class B shares nearly 30 years ago to thwart money managers who wanted to split up shares in the expensive conglomerate. Most Read Articles on Bloomberg One of South Korea's largest retail brokerages now plans to package its Class B shares into derivative-heavy exchange-traded funds (ETFs), which Mr. […]
Futures extend gains as post-election rally continues – Yahoo Finance
Written by Lisa Pauline Matakkal and Purvi Agarwal (Reuters) – U.S. stock index futures rose on Monday, extending post-election gains as investors awaited the next economic data that could determine whether stock gains can be sustained. Several stocks that rose in response to the US election results continued their upward trajectory. EV maker Tesla soared […]
Euro hits lowest since late June vs dollar on tariff worries – Yahoo Finance
Written by Stefano Rebaudo and Wayne Cole (Reuters) – The euro hit a 4-1/2-month low against the U.S. dollar as investors worried that additional U.S. tariffs could hurt the euro zone economy. The dollar was trading near its post-U.S. presidential election levels against major currencies as markets focused on data and Federal Reserve speakers and […]
Asian Stocks Fall as China Support Disappoints: Markets Wrap – Yahoo Finance
(Bloomberg) — Asian stocks fell after China's debt swap program was deemed insufficient by some investors and data showed persistent deflationary pressures in the world's second-largest economy. Most Read Articles on Bloomberg Stock prices in the region fell as much as 1.3%, led by heavyweights such as Tencent Holdings and Meituan. China's CSI 300 index […]