LONDON – Investors looking for value in the stock market during the ongoing downturn may be “deluding themselves,” according to Sean Corrigan, director at Cantillon Consulting. Fears that central banks will have to hike interest rates aggressively to curb inflation — at the risk of quashing growth as the global economy suffers concurrent hits from the war in Ukraine and …
Global stocks have endured a bruising week, and a difficult year so far, but some strategists believe the recent sell-off is unlikely to pave the way for a market capitulation. The S&P 500 closed Monday’s trade down more than 16% since the beginning of the year, and almost 12% in the second quarter alone. The pan-European Stoxx 600 was down …
LONDON — European markets bounced on Thursday, tracking global sentiment after the U.S. Federal Reserve doused speculation about more aggressive monetary tightening. The pan-European Stoxx 600 index jumped 1.4% in early trade, with tech stocks adding 2.7% to lead gains as all sectors and major bourses entered positive territory. The Fed on Wednesday raised its benchmark interest rate by half …
The Swiss bank has named its top stocks for the second quarter, including a "top of the crop" list of under-the-radar names. Source link
Investors are now worrying about Chinese growth, in addition to U.S. inflation and Federal Reserve policy mistakes, El-Erian told CNBC. Source link
European stocks fell in early trading on Friday after Federal Reserve Chair Jerome Powell said a half-percentage point rate hike is “on the table” for next month. The pan-European Stoxx 600 dropped by 1% shortly after bourses opened, with the retail, tech and oil and gas sectors marking the biggest losses. Friday’s market open in Europe comes after a dramatic …
LONDON — European markets inched lower on Wednesday against a backdrop of hawkish comments from U.S. Federal Reserve officials and further sanctions against Russia. The pan-European Stoxx 600 slipped 0.3% in early trade, with autos shedding 0.9% to lead losses while food and beverage stocks nudged 0.3% higher. Fed Governor Lael Brainard said during a Minneapolis Fed webinar on Tuesday …
Indonesia’s stocks are among the top picks of JPMorgan Asset Management and Goldman Sachs for 2022. In this photo from April 2019, the statue of a bull is standing at the lobby of the Indonesia Stock Exchange (IDX) in Jakarta, Indonesia. Dimas Ardian | Bloomberg via Getty Images Geopolitical tensions around the world have been on the rise, but Southeast …
LONDON — European stocks retreated on Wednesday following the latest round of talks between Russia and Ukraine, aimed at finding a solution to the conflict. The pan-European Stoxx 600 fell 0.5% in early trade, with banks shedding 1.1% to lead losses while oil and gas stocks gained 1.1%. Investor sentiment was boosted on Tuesday following negotiations between Russian and Ukrainian …
LONDON — European stocks moved higher on Monday ahead of further talks between Russian and Ukrainian negotiators. The pan-European Stoxx 600 added 0.9% in early trade, with autos jumping 4% to lead gains while basic resources fell 2.2%. Global attention remains on the war in Ukraine after a weekend of intensified fighting around capital Kyiv, while Russian forces bombarded cities across the …
