Stocks Slip, Havens Rally as New COVID-19 Variant Spooks Investors
Zeno Markets 8
Asian stocks suffered their sharpest drop in two months on Friday after the detection of a new and possibly vaccine-resistant coronavirus variant sent investors scurrying toward the safety of bonds, the yen, and the dollar. …
Stocks Making the Biggest Moves Midday: Gap, Nordstrom, Deere, Vmware and More
Shares of Gap and Nordstrom plummeted after the companies reported disappointing quarterly results late Tuesday citing rising labor costs, inventory issues, shopping costs and factory closures as challenges. …
Asia Stocks Fall, Treasuries Up Before Fed Minutes: Markets Wrap
Most Asian stocks fell Wednesday and Treasury yields declined as traders weighed economic risks from tighter monetary policy while awaiting key U.S. …
Asia Stocks Fall, Dollar Firm on U.s. Rate Hike Bets After Powell’s Renomination
Asia stocks faltered on Tuesday, tracking a retreat on Wall Street as traders bolstered their bets on U.S. rate hikes in 2022 after President Joe Biden picked Federal Reserve Chair Jerome Powell to lead the central bank for a second term. …
S.korean Stocks Rise as Chip Heavyweights Boost
South Korean shares started the week with gains, making them the outlier in the region, as chip heavyweights tracked U.S. …
Stocks Making the Biggest Moves Midday: Moderna, Robinhood, Boeing and More
Shares of travel-related stocks dipped after Austria announced earlier in the day that it would reenter a full national lockdown due to a spike in Covid cases. …
Traders Are Pricing in Annual U.s. Consumer Price Gains of 7% or Higher for the Next Four Months
Traders have ratcheted up their forecasts for U.S. consumer price inflation over the next few months, and now see annual headline figures coming in at 7% or higher into early next year. …
Stocks Dip, Oil Slides and Havens Shine as Growth Nerves Nag
Stocks markets slipped on Thursday and safe havens such as government bonds, gold and the yen were supported in Asia, as a hint of uneasiness crept in over the outlook for interest rates and growth, particularly outside of the United States. …
Rate Bets Rule Currency Markets as Dollar Shines; Euro, Aussie Sag
The U.S. dollar hit a fresh high since March 2017 against the yen and traded close to a 16-month peak versus a basket of major peers on Wednesday, as a run of strong economic data boosted bets for earlier Federal Reserve interest-rate hikes. …
4 Stock Picks for the Post-Pandemic ‘Nesting’ Economy from a Five-Star Money Manager
The pandemic has driven changes in behavior that are important to investors, as they underline growth opportunities that are likely to extend for many years, according to Alex Ely of Macquarie Asset Management. …
