Analysis: History says expect strong December for U.S. stocks, despite Omicron and Fed worries
A pileup of risks into year-end has some investors gauging whether December will continue its historical trend of a strong stock performance, even as markets face of worries over the Omicron coronavirus variant and a more hawkish Federal Reserve.
Stocks slip, havens rally as new COVID-19 variant spooks investors
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. MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) fell 1.3%, its sharpest drop since September. Casino and beverage shares sold off […]
Stocks slip, short-term yields leap with inflation
Tech shares slipped and short-term Treasury yields jumped on Wednesday as investors expect inflation to prompt interest rate hikes, with a hotter-than-forecast reading in Australia the latest sign of prices pressuring central bankers to act.
Miners, mixed earnings drag down European stocks
European stocks slipped on Wednesday, with miners leading the declines after concerns about Chinese intervention hit metal prices, while mixed corporate earnings reports kept investors on edge.
Asia stocks catch Wall St cheer but China caps gains
Asian stocks inched higher on Tuesday, as upbeat Wall Street earnings lifted the broader economic outlook though fresh worries about China’s property sector hit Hong Kong and mainland markets.
Stocks Rebound, Treasuries Fall Ahead of Jobs Report
Stocks rebounded from Monday’s rout and Treasuries fell as investors assessed the state of the economy before a key payroll report Friday. An ISM reading on the U.S. services sector activity came in better than expected Tuesday, likely keeping the Fed on track to announce a pullback in bond-buying. The gains helped ease concerns of […]
Zoom’s shares Showing a Declining Trend!
Zoom (ZM.O) shares slid more than 11% in premarket trading on Tuesday, after the video conferencing company reported a faster-than-expected drop in demand and analysts questioned the company’s long-term plans as people return to work. Zoom is a communications technology company based in San Jose, California. Zoom’s assertive profitability, as well as its software’s ease-of-use […]
Correction in global stocks likely, funds trim equity allocations
A modest correction in global stock markets is likely by the end of this year, according to a slim majority of fund managers polled by Reuters who recommended trimming global exposure to equities in August in favour of bonds.
Zoom may benefit from Five9 investors!
The mystery surrounding Zoom Video Communications is slowly unfolding. The all-stock transaction, which is being investigated by Washington watchdogs, may be put to a vote by 509 investors. Zoom’s value has dropped from $13.6 billion to around $10.4 billion in less than two months, and it is now less than Five9’s market capitalization. Zoom should see this as an opportunity. Five9 Inc. (Five9) […]
After summer of stock market highs, signs of unease emerge
Stock markets are heading into September near record highs but the fast-spreading Delta coronavirus variant is making some investors reassess how so-called reflation trades could perform in coming months.
