Category: Stock Market News

Hedge Fund Tips for 2018: Oil at $80, No End to Technology Boom

The past versus the future was a key theme of this year’s Sohn London conference, an annual get-together for the biggest names in the global hedge-fund industry. Money managers’ investment calls ranged from shorting traditional media companies such as ProSiebenSat.1 Media SE to backing a maker of components for the next Tesla Inc. electric car. […]

European Stocks Hit Two-Week Low as Tech Shares Extend Selloff

European equity investors continued to flee this year’s high flyers on Friday — and they showed little appetite to put their money to work elsewhere. The Stoxx Europe 600 Index lost 0.7 percent, with almost all industry groups declining. A global rout in technology shares spilled into Europe this week, with the sector down about […]

Asian Markets Reverse Course, Make Gains In Topsy-turvy Trading Day

Nikkei loses early gains; Hong Kong’s Tencent falls into correction territory Stocks largely returned to positive territory in late-session trading in the Asia-Pacific Friday, with Chinese equities recovering from early declines. After opening slightly lower, Shenzhen stocks — where smaller companies are generally listed, as opposed to more industrial-focused and state-owned firms in Shanghai — […]

UK funds raise equities, see no end to bull run in 2018 – Reuters poll

British fund managers resumed raising their equity exposure in November, a Reuters poll showed on Thursday, with over two-thirds expecting the global equity bull run to continue throughout 2018. However, UK investors cut their U.S. stocks allocation by a considerable 3.8 percentage points to 24.7 percent, the lowest level since August 2016, reflecting concerns about […]

Lucky 13? Stocks score longest run of monthly gains on record

A dive in high-flying U.S. tech stocks on worries their boom may have peaked left investors wondering on Thursday whether the longest global equity bull run in living memory might be starting to splutter. The caution was sparked by another Wall Street wobble involving a rotation from tech to financials which came just as the […]

Tech tumble, OPEC anticipation cap gains for European shares

Euro zone stocks made modest gains on Thursday while Britain’s FTSE 100 slipped again as sterling climbed, with oil majors teetering as investors eyed the OPEC meeting later in the day, and tech the biggest weight as worries of a peak spread to Europe. Euro zone stocks and blue-chips gained 0.1 percent while Britain’s FTSE […]

Singapore Exchange Aims for Faster Trade Settlement Next Year

Singapore Exchange Ltd. plans to speed up clearing and settlement of securities to reduce systemic risks and bring the island nation’s market in line with global standards. The exchange wants to shorten the settlement cycle to two days from three, introduce simultaneous settlement of securities and cash, and ensure payments of Singapore dollar transactions will […]

Traders await Powell hearing; Brexit doubts grip pound

The dollar was stuck near a two-month low on Tuesday as traders waited for the confirmation hearing of new Federal Reserve chair Jerome Powell, while the pound slipped from a two-month high as Brexit-related doubts began to re-exert their grip. European shares rose, supported by consumer staples as Anglo-Dutch Unilever said it favoured a single […]

Europe cheers Brexit bank verdict, on tenterhooks over Ireland

European shares opened slightly higher on Tuesday as the Bank of England deemed that UK lenders could deal with a “disorderly” Brexit, while the dollar held steady ahead of a confirmation hearing for Federal Reserve chair nominee Jerome Powell. The FTSEurofirst 300 <.FTEU3> index of top European shares was up 0.3 percent, supported by financials, […]