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…
Britain’s HMV faces the music as retailer calls in administrators
(Reuters) – Music retailer HMV said on Friday it was calling in the administrators, blaming a worsening market for entertainment CDs and DVDs, to become the latest victim of brutal…
Global stock indices edge lower as U.S. government shutdown looms
NEW YORK (Reuters) – World stock markets continued a week-long sell-off on Friday as the threat of a U.S. government shutdown and further hikes in U.S. borrowing costs compounded investor…
Global stocks drop, where is ‘Santa Claus rally’?
NEW YORK (Reuters) – Broad stock declines in Europe and the United States dragged world equity markets lower on Monday, adding to a sell-off that has sent global stocks near…
DoubleLine’s Gundlach says U.S. equities are in long-term bear market
FILE PHOTO: Jeffrey Gundlach, CEO of DoubleLine Capital, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. REUTERS/Brendan McDermid/File Photo NEW YORK (Reuters) – Jeffrey…
Netflix adds to growing debt pile with $2 billion bond issue
(Reuters) – Netflix Inc (NFLX.O) announced on Monday it will tap debt markets for a second time this year, aiming to raise another $2 billion as the streaming video pioneer…
Fed’s Kaplan sees two-three more rate hikes to hit ‘neutral’ level
NEW YORK (Reuters) – Another two to three interest rate increases from the Federal Reserve will likely put U.S. borrowing costs in “neutral” territory where it is neither stimulating nor…
China moves to lift confidence as economic growth hits weakest pace since 2009
BEIJING (Reuters) – China’s economic growth cooled to its weakest quarterly pace since the global financial crisis, with regulators moving quickly to calm nervous investors as a years-long campaign to…
Machines take the blame as U.S. stock market sells off
NEW YORK (Reuters) – Investors searching for perpetrators and victims in this week’s U.S. stock market selloff pointed to a familiar source: number-crunching fund managers and machines. Traders work on…