Sterling up after May wins confidence vote; stocks climb
NEW YORK (Reuters) – Major world stock indexes rose on Wednesday, with the S&P 500 supported by sharply higher U.S. bank shares after strong earnings, while the pound was up…
Trade optimism lifts stocks, but 2018 ends in red
NEW YORK (Reuters) – Equities around the world rose on Monday as possible progress in resolving the trade dispute between the United States and China engendered some investor optimism in…
GE drags premier U.S. corporate debt, which posts worst year since 2008
NEW YORK (Reuters) – The stock market’s gyrations have grabbed the year-end headlines, but another key financial market, investment-grade U.S. corporate debt, is turning in its worst yearly performance since…
Slump persists, China fails to stimulate markets hobbled by pledged shares
SHANGHAI (Reuters) – China is struggling to restore confidence in its stock markets, which are being weighed down by a massive amount of shares that have been pledged as collateral…
Euro, pound rally on Brexit concession; global stocks dip
NEW YORK (Reuters) – Stocks dipped on Friday, dragging a global index into a fourth consecutive weekly loss, while the euro and sterling rallied against the dollar after a report…
Italy works on extending Alitalia loan deadline: source
ROME (Reuters) – Italy is working on an extension of as much as six months to a Dec. 15 deadline for Alitalia to repay a 900 million euro ($1 billion)…
Danske shares slide as U.S. criminal inquiry spooks investors
COPENHAGEN (Reuters) – Danske Bank’s (DANSKE.CO) deepening money laundering scandal dragged its shares to a four-year low on Friday as Denmark’s biggest bank sought to calm investors over the impact…
Dollar and global bonds track surge in Treasury yields, stocks sag
LONDON (Reuters) – A rise in U.S. Treasury yields to their highest levels since mid-2011 pulled global bond yields higher across the board and boosted the dollar on Thursday, while…
Canadian dollar, stocks rise as NAFTA salvaged
LONDON (Reuters) – Optimism about a reconstituted free trade agreement among the United States, Canada and Mexico and what it could mean for trade relations elsewhere helped world markets kick…
Oil above $80 lifts stocks, offsets trade and bond market chill
LONDON (Reuters) – European shares rose and Wall Street was set for a stronger open on Tuesday, as oil above $80 a barrel lifted energy shares, despite worries around the…