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Markets What goes up must come down? Global markets are in full retreat as a relentless slide in oil prices and a weaker world growth outlook from the IMF dealt another blow to investor appetite. Hong Kong shares tumbled to … Continue reading
David Dube
Markets The Shanghai Composite soared 3.2% today as investors weighed the likelihood of further stimulus from Beijing following data that China’s economy grew at its slowest pace in a quarter of a century. Q4 gross domestic product eased to 6.8% … Continue reading
Markets U.S. futures are pointing lower, as global stocks extend losses and Chinese shares entered a bear market after plunging 3.6% (see below). Investors are also poised to get more insight into how the U.S. economy and corporate America are … Continue reading
Markets Almost $3.2T has been wiped off global stocks since the start of 2016, driven by renewed jitters over China’s economy and a slump in energy prices, pushing all major U.S. indexes into correction or bear market territory. Asian markets … Continue reading
Markets Crude futures are on the rise for the first time in eight days, with U.S. oil pulling further away from the $30-level breached last session following data from the American Petroleum Institute. According to the industry group, oil inventories … Continue reading
Markets European stocks and U.S. futures are sporting solid gains after the Shanghai Composite managed to squeeze out a 0.2% advance in a volatile session overnight. Oil continued its plunge, dropping to within pennies of a $29 handle before rebounding … Continue reading
Markets Stocks in Europe are battling to shake off another sharp turn lower in China. Steady gains of under 1% were being put in by major indexes in the U.K., Germany, and France before they slipped back into negative territory. … Continue reading
Markets U.S. futures are in rebound mode, led by strong gains from battered Chinese stocks, after Beijing suspended its controversial market circuit breaker and set a firmer yuan midpoint rate for the first time in nine days. Rumors are also … Continue reading
Markets World shares are taking another beating amid further turmoil in the Chinese stock market, where equities were suspended for the second time this week after tumbling more than 7% in the first half hour of trade. What’s triggering the … Continue reading
Markets World stocks are deep in the red once again as China fueled fears about its economy by permitting the yuan to weaken further and a nuclear test by North Korea added to geopolitical worries. With ever-increasing concerns, investors are … Continue reading