Precious metals, biotech among second-quarter fund winners as markets rebounded

By David Randall and Simon Jessop NEW YORK/LONDON (Reuters) – Funds that rode the market’s rally to generate the highest second-quarter returns included those invested in assets such as mining stocks, energy and technology. Global financial markets staged an impressive rebound in the second quarter despite deepening economic pain from the coronavirus pandemic, with the […]

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Stock Markets in Europe Dip After U.K. Data Release: Live Updates

[embedded content] Here’s what you need to know: European markets lower as worries persist over the outbreak. The Federal Reserve chair says the economy has entered an ‘important new phase.’ Uber has made an offer to take over Postmates. Wells Fargo cuts its third-quarter dividend after stress tests. Catch up: Here’s what else is happening. […]

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Asia stocks set to rise on upbeat data, focus on China PMI

By Imani Moise NEW YORK (Reuters) – Asian markets were poised to follow Wall Street’s firm lead on Tuesday as the sentiment boost from upbeat U.S. data outweighed the threat of rising COVID-19 infections in the world’s largest economy. Investors cheered strong U.S. housing data that showed a bounce back in home sales, and are […]

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Stock Markets Rise, but Wall Street May Not Follow: Live Updates

[embedded content] Here’s what you need to know: European markets start positively, but futures signal a dour Wall Street opening. Bain Capital will take control of Virgin Australia. Another pause for Hollywood’s plans. Still reeling from a plunge in oil prices, Texas faces a new threat: a surge in virus cases. Catch up: Here’s what […]

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Stock Markets in Europe Slide as Infections Spread: Live Updates

[embedded content] Here’s what you need to know: European markets stumble as infections rise in Germany and the U.S. After criticism, India may allow some international flights. Nasdaq hits record as stocks climb again. ‘The future looks bleak’: The pandemic ravages medical tourism. Disney will close its language schools in China, citing changing habits caused […]

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Stock Markets Rise Modestly on Recovery Hopes: Live Updates

[embedded content] Here’s what you need to know: Global markets rise modestly as investors weigh outbreak news. Hertz calls off its unusual $500 million stock offering. A theater executive says masks will not be required at the movies, prompting a backlash. Catch up: Here’s what else is happening. ImageWalking to a coronavirus testing station in […]

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Stock Markets Jump Globally After Wall Street’s Rally: Live Updates

[embedded content] Here’s what you need to know: Global markets jump after Wall Street’s late surge. May’s retail sales data is expected to show a rebound. Airlines say they will step up mask enforcement. 24 Hour Fitness closes 100 gyms and files for bankruptcy protection. Catch up: Here’s what else is happening. ImageSentiment in financial […]

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Stock Markets Tumble as New Outbreaks Loom: Live Updates

[embedded content] Here’s what you need to know: Global markets tumble, and Wall Street faces a tough opening. BP’s oil and gas holdings could take a $17.5 billion hit. China’s tries to rebound, but its movie theaters remain closed. “Tenet” is pushed back, delaying Hollywood’s return to the theaters. Wealth advisers are divided over taking […]

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Stock Markets Show Signs of Moderating After Wall Street’s Plunge: Live Updates

[embedded content] Here’s what you need to know: Global markets follow Wall Street’s plunge but show signs of bottoming. Twitter removes fake accounts that discussed China’s response to the virus. Steven Mnuchin says the economy needs more relief. Catch up: Here’s what else is happening. ImageA market in Seoul, South Korea, on Thursday.Credit…Ed Jones/Agence France-Presse […]

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Jobs Rebound Spurs GOP Calls for Congress to Go Slow on Stimulus

© Reuters. Jobs Rebound Spurs GOP Calls for Congress to Go Slow on Stimulus (Bloomberg) — The surprise on U.S. job markets is leading some Republicans to question the need for more pandemic stimulus, as Congress debates whether to renew the extra benefits it approved for unemployed Americans during the crisis.The payments of $600 a […]

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China’s banking regulator says U.S. sanctions would not shake Hong Kong

© Reuters. HONG KONG/BEIJING (Reuters) – Hong Kong’s financial markets and currency peg with the U.S. dollar are stable and sanctions proposed by some U.S. politicians will not have a material impact, a spokesperson at the China Banking and Insurance Regulatory Commission said on Thursday. The spokesperson said Hong Kong’s separate customs area status is […]

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Wall Street Set for Upbeat Open Despite Unrest: Live Market Updates

[embedded content] Here’s what you need to know: Wall Street set to continue rally as global markets climb. Airlines say it’s safe to travel. But is it? The hit to the U.S. economy could last for a decade. New regulator warns that health measures, like masks, may hurt banks. Catch up: Here’s what else is […]

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Stock Markets Rise Despite U.S. Violence: Live Updates

[embedded content] Here’s what you need to know: Global markets rise despite American protests. Neighborhoods are taking on new life as people’s worlds have shrunk. Forget swooshes or V’s. The economy’s future is a question mark. Looking to donate? Here are some ways to quickly get money to those in need. Catch up: Here’s what […]

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Stock Markets Fall on Rising U.S.-China Tensions: Live Updates

[embedded content] Here’s what you need to know: European markets fall as U.S.-China tensions rise. Twitter places a warning on a Trump tweet, saying it glorified violence. Americans are scared about what will happen if pandemic relief is not renewed. Renault says it will slash jobs and production. Airlines prepare for a long recovery. ImageChina’s […]

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Comic: What Crisis? Wall Street Jumps Back Towards All-Time Highs

Investing.com – U.S. stock markets have been in rally-mode this week, as Wall Street grows more optimistic about the economy reopening, despite uncertainty over the coronavirus pandemic and growing tensions between the U.S. and China. The closed above 25,000 for the first time since March on Wednesday, while the topped the 3,000-mark, putting it back […]

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Stock Markets in Asia Fail to Sustain Wall Street Rally: Live Business Updates

[embedded content] Here’s what you need to know: Asian markets mixed, but futures point to a Wall Street slump. China’s economy shows hints of recovery as virus threat recedes. Stocks end volatile Thursday with a gain as oil prices jump. A showdown in France tests Amazon’s ability to sidestep labor. Catch up: Here’s what else […]

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Asian Markets Fall on Fears of Slow Pandemic Recovery: Live Updates

[embedded content] Here’s what you need to know: Asian markets tumble on more negative outbreak news. U.S. job losses keep mounting, and many of the unemployed can’t get benefits. Powell’s warning on the economy spooked investors. Uber says it raised $900 million to fund acquisitions. J.C. Penney could file for bankruptcy as soon as Friday. […]

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Asian Markets Fall, Extending Wall Street’s Losses: Live Updates

[embedded content] Here’s what you need to know: Asian markets fall as recovery challenges mount. Stocks on Wall Street drop with sell-off that picked up near end of trading. Tesla factory is shipping cars as employees return and health officials review the reopening plan. As the death toll in nursing homes climbs, calls to redesign […]

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Stock Markets Show Broad Optimism: Live Business Updates

[embedded content] Here’s what you need to know: Global markets jump on recovery hopes. Shanghai Disneyland reopens with a long list of new safety rules. America’s appetite for meat could put workers at risk. Car sales in China are slow to rebound. Investors looked past staggering unemployment figures. ImagePolice officers  in Tokyo on Sunday, during […]

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Stock Markets in Asia Open Strong: Live Business Updates

[embedded content] Here’s what you need to know: Asian markets jump on recovery hopes. Investors looked past staggering unemployment figures. Tesla’s plans to reopen its California factory are not in compliance with a local health order. Rent payments are holding up this month, a landlords’ group reports. Catch up: Here’s what else is happening. ImagePolice […]

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Stock Markets in Europe Rise as Investors Await Payroll Data: Live Updates

[embedded content] Here’s what you need to know: European markets rise before release of new gauges of damage. China’s exports jump. The good news may not last. Britain’s central bank forecasts a 30 percent drop in economic activity. Wall Street drifts lower as oil prices reverse early gains. Even with most plants shut, G.M. is […]

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Stock Markets in Asia Fall as Investors Await Payroll Data: Live Updates

[embedded content] Here’s what you need to know: Asian markets fall ahead of new gauges of damage. Wall Street drifts lower as oil prices reverse early gains. Even with most plants shut, G.M. is keeping some Corvette workers busy. Religious groups tap a small-business aid program. Catch up: Here’s what else is happening. ImageWall on […]

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Asian Markets Signal End to Global Rally: Live Updates

[embedded content] Here’s what you need to know: Stock rally fades as global markets waver. Wall Street gained for a second day on Tuesday as reopening talk continues. Airlines are burning through $10 billion a month, industry executive says. The coronavirus crisis is threatening the push for denser housing. ImageEnjoying the outdoors in Tokyo on […]

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Stock Markets in Asia Follow Wall Street Higher: Live Updates

[embedded content] Here’s what you need to know: Global markets rise amid signs of optimism. Wall Street rebounds from early decline as technology shares rally. A deal to sell Victoria’s Secret to a private equity investor falls apart. Renewable energy gains ground against coal during the pandemic. Catch up: Here’s what else is happening. Global […]

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Watch Now: Here’s What’s Moving Markets – May 4 (Video)

Investing.com – Our senior markets analyst Jesse Cohen gives us his top five things to know in financial markets on Monday, May 4, including: – U.S., China Ramp Up – Drop To Start The Week – Dumps Airline Stocks – Tumbles Again – Big Week Of Earnings, Data Follow us on Twitter at: https://twitter.com/Investingcom Disclaimer: […]

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