The Dow traded above 45,000 for the first time. It may be time to rethink what makes a milestone.
The Dow flirted with another 1,000-point threshold Friday, but such milestones are growing ever less impressive.
Stocks ride to best month in a year as ‘Red Sweep’ unleashes ‘animal spirits’
By almost any measure, November has been a blockbuster month for U.S. stocks.
S&P Sticks With France Rating in Reprieve for Prime Minister
(Bloomberg) -- French Prime Minister Michel Barnier won a minor reprieve in his battle to pass a budget and remain in power as S&P Global Ratings reiterated its assessment of the country’s debt.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingIn a statement late Friday, S&P said the euro area’s second-biggest economy remains resilient despite political uncertainty. It cited the impact of labor market reforms u
Cryptocurrency Market Weekly News: Bitcoin Nears $100k, and Stablecoins Market Cap cross $190 billion
At the beginning of the week, Bitcoin, often referred to as a digital gold, was almost breaching the $100,000 mark. Its price has been rising since mid-2024 and was currently on the verge of breaking its all-time high and reaching $99,500. Currently, BTC is trading at $95,116 at the time of ...
Rush to ‘Value Up’ May Be Asian Stocks’ Best Defense From Trump
(Bloomberg) -- A Japan-inspired strategy of seeking to boost shareholder returns, corporate governance and market valuations is spreading like a wildfire across Asia.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingFrom Seoul to New Delhi, governments and regulators are hurrying to implement their own versions of Japan’s decade-long program of structural reforms that helped drive its benchmark index to a recor
Why the postelection rally in the market's smallest stocks probably won't last
History suggests the small-cap rally since Trump's victory will fade in the coming year, Capital Economics said.
Mounting risks in a $14 trillion corner of financial markets are a threat to economic stability, research firm says
Private markets are finding quick fixes to avoid debt defaults, but those carry risks that could destabilize the whole system, Rosenberg Research says.
S&P 500 Clocks Best Month of the Year; Yields Drop: Markets Wrap
(Bloomberg) -- US stocks ended a shortened trading session higher while Treasury yields declined across the curve. Speculation that President-elect Donald Trump will temper his most extreme trade policies drove the dollar down.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingThe S&P 500 climbed more than 1% for a second straight week. On Friday, it rose 0.6%, notching fresh record highs. The 10-year Treasury y
Charting the Global Economy: Sticky Inflation Backs Fed Caution
(Bloomberg) -- The Federal Reserve’s preferred inflation measure accelerated in October, helping explain US central bankers’ more cautious approach to interest-rate cuts.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesTop-line inflation in the euro area also picked up, though price growth excluding food and fuel held steady. European Central Bank officials have signaled a fourth reduction in rates
Stocks rally, dollar droops in abbreviated session
NEW YORK/LONDON (Reuters) -Global stock markets rallied on Friday, with Wall Street crowning November with its biggest monthly gain in a year on post-election growth hopes, while the dollar eased amid prospects for firmer rates in Japan and easing in Europe. U.S. trading was thin the day after Thanksgiving. Donald Trump's Nov. 5 election victory and pledges of tax cuts, deregulation and import tariffs have supercharged investors' expectations for U.S. and Wall Street stocks to keep outperforming other regions.