Analysis: Indices

Tech, Yen, and Jobs: Wall Street's triple play

Ah, Friday mornings on Wall Street. The coffee is brewing, the traders are buzzing, the weekend is just hours away, and the jobless claims report is the talk of the town. Let's dive into the pre-bell...

Indices: Where to hide in the event of a downturn?

Ups and downs are a normal part of the market. So are violent ups and downs, even if they are less frequent, especially when they are particularly pronounced, as is currently the case. In addition to...

Indices: Guinness and chips, same battle

Two sectors are suffering this week in our index section, but have nothing to do with each other. Semiconductors continue to pay the price of Washington's embargo on Beijing and the slowdown in major...

Drop in Magnificent Seven could drag down U.S. stocks, top fund manager says

U.S. stocks could drop by between 10% and 13% this year, dragged down by a selloff in seven mega-cap stocks that previously pushed broader markets to record highs, a senior executive at Morgan Stanley...

Analysis-US stock turbulence throws spotlight on Big Tech's valuations

A bruising selloff in U.S. stocks is putting a sharper focus on valuations of the tech names such as Nvidia and Microsoft that have driven markets higher for most of this year. Despite a...

Indices: Athens well on the way to a 4th year of growth

After a debt crisis that nearly led to the collapse of the eurozone between 2009 and 2015, the Greek economy seems to be finally getting its head above water. All indicators point to a vigorous...

For stocks, is AI the Emperor's new clothes?: McGeever

The shine may finally be coming off AI. If so, the rotation out of Big Tech into small caps that has emerged recently could quickly accelerate. The question then is whether outperforming...

Indices: What's small becomes cute again

The Russell 2000, an index of US small and mid caps, took its revenge last week on the S&P 500 and Nasdaq 100. In Europe, the Italian FTSE MIB took the gold medal for the Mediterranean region.

Suedzucker's Q1 earnings slump on high costs, low sugar prices

HAMBURG -Europe's biggest sugar producer Suedzucker on Thursday posted a 45% fall in first-quarter earnings, hit by higher costs and lower sugar prices. The German company reported...

OPEC sticks to 2024 oil demand view, sees strong travel season

OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2024, predicting robust fuel use in the summer months. The Organization of the Petroleum...

Labour faces low bar in re-attracting foreign funds: Mike Dolan

The remarkable thing about investor reaction to the UK's new Labour government is how much just a modicum of stability, consistency and competence is being richly applauded. With...

S&P 500's tech dominance sparks calls for portfolio diversification

The gap in returns between the S&P 500 and the index's equal-weighted counterpart is at its widest in 15 years, underscoring the need to diversify beyond AI heavyweights such as Nvidia. ...

Shell wants permission to drill off South Africa's west coast

Shell is seeking government permission authorities to drill up to five offshore wells off the west coast of South Africa, a draft scoping report from environmental consultancy SLR showed on Tuesday. ...

Weekly market update: Towards a Fed rate cut

Despite a short week on Wall Street due to the celebration of Independence Day on Thursday, the major US indices continued their record-breaking run, while the latest macroeconomic data seem to argue...

London stocks climb as Labour Party returns to power

London stocks climbed on Friday after UK's Labour Party surged to a landslide victory in a parliamentary election, bringing a sense of stability to investors who expect it to end years of market...

Asia stocks hit 27-month top, dollar slips on rate cut talk

Asia stocks hit 27-month highs on Thursday as softer U.S. data narrowed the odds on a September rate cut there, boosting bonds and commodities while dragging on the dollar. A holiday in...

UK investors buy record $14.5 billion of stocks this year, Calastone says

British investors added a record 11.4 billion pounds into equity funds over the first six months of 2024, as the prospect of further central bank interest rate cuts fuelled demand for riskier assets,...

Oil prices inch up on large US crude stock draw

Oil prices edged higher in early Asian trade on Wednesday after industry data showed a bigger-than-expected draw in U.S. crude stockpiles, boosting hopes of solid fuel demand during the summer driving...

Indices: CAC relaxes, Merval soars

After three weeks of political uncertainty in France, the markets seem satisfied with the absence of an apparent absolute majority. In Europe, the northern countries have outperformed since the start...