Asian shares were mixed Monday in a cautious mode after Wall Street closed out the week with milestones as the Dow Jones Industrial Average crossed 28,000 for the first time and the S&P 500 and Nasdaq hit record highs. Japan’s benchmark Nikkei 225 NIK, +0.28% inched up nearly 0.4%Read More →
The fate of your portfolio is written in the stars. Or at least it can be, if Daniel Greenberg and the pranksters behind the “Bull and Moon” investing app have their way. “There are some things in this world that pair perfectly together but don’t make any logical sense: peanutRead More →
With a few weeks left of 2019, the S&P 500 is up 23% and on track for the best annual return since 2013. That shouldn’t be a big surprise, given the records just keep coming. Onto our call of the day, from Citigroup’s chief U.S. equity strategist, Tobias Levkovich, whoRead More →
Asian stocks sank Wednesday after U.S. President Donald Trump threatened more tariff hikes on Chinese imports if talks aimed at ending a trade war fail to produce an interim agreement. Market benchmarks in Shanghai, Tokyo, Hong Kong and Southeast Asia all declined. In a speech in New York on Tuesday,Read More →
Asian markets sought direction in early trading Tuesday, as traders awaited the next development in U.S.-China trade talks and violent protests continued in Hong Kong. President Donald Trump said over the weekend that while trade talks were going “very nicely,” there was not yet an agreement to roll back tariffs.Read More →
U.S. stock futures retreated Monday morning as a lack of progress on China-U.S. trade negotiations momentarily took the air out of a record run for equity markets. Meanwhile, bond markets were closed for Veterans Day. Investors were awaiting speeches from President Donald Trump and Federal Reserve Chairman Jerome Powell laterRead More →
Asian markets were mixed in early trading Friday as investors sought clarity after conflicting messages about the state of U.S.-China trade talks. Chinese officials announced Thursday that a mutual rollback of tariffs had been agreed upon as part of a “phase one” trade deal, but while one U.S. official confirmedRead More →
Asian markets were mostly down in early trading Thursday as investors reined in earlier optimism of a pending trade deal between the U.S. and China. Reuters reported Wednesday that the “phase one” deal, which was hoped to be signed in mid-November, might be delayed until December, and that European locations,Read More →
Asian markets were little changed in early trading Tuesday, as investors awaited further developments in U.S.-China trade talks. Japan’s Nikkei NIK, +0.06% was up slightly while Hong Kong’s Hang Seng Index HSI, -0.08% was about flat. The Shanghai Composite SHCOMP, -0.19% slipped 0.2% and the Shenzhen CompositeRead More →
Asian markets rose in early trading Tuesday, following record closing highs on Wall Street and more encouraging news on a trade deal. The Dow Jones Industrial Average DJIA, +0.42% hit its first record high in four months, joining the S&P 500 SPX, +0.37% and Nasdaq Composite COMP, +0.56%Read More →
Asian markets gained in early trading Monday on renewed optimism over U.S.-China trade talks. In an interview with Bloomberg Television on Sunday, U.S. Commerce Secretary Wilbur Ross said “we’re making good progress” and that there was “no natural reason” why a “phase one” trade deal couldn’t be reached this month.Read More →
Third-quarter earnings season was supposed to be a tough stretch for U.S. companies, and while it still appears that earnings-per-share, or EPS, for America’s largest public companies will decline year-over-year during the three-month period, reported results are coming in much better than feared. Through a combination of expectations management, shareRead More →
Getty Images A BBC TV production of George Orwell’s classic novel ‘1984’. Globalization has peaked, and investors should prepare, but a recent analysis makes clear there are several possible paths forward, each with very different implications for markets and world economies. There may be less nuance when it comes toRead More →
Asian markets mostly gained in cautious trading Friday amid fresh doubts about the likelihood of a U.S.-China trade deal. Bloomberg News reported Thursday that Chinese officials were expressing doubts about the chances of a comprehensive trade deal even if a “phase one” partial deal is signed. President Donald Trump, meanwhile,Read More →
Asian markets were mixed in early trading Thursday, following disappointing economic data from China and another interest-rate cut by the U.S. Federal Reserve, which suggested no more would come for a while. Speaking after the Fed’s two-day meeting, Chairman Jerome Powell said Wednesday it would take a “material change” toRead More →
Asian markets fell in early trading Wednesday, following new doubts about a U.S.-China trade deal and ahead of an expected interest-rate cut by the U.S. Federal Reserve. While U.S. officials, including President Donald Trump, in recent days had touted progress in trade talks, Reuters reported Tuesday that a “phase one”Read More →
Asian markets were muted in early trading Tuesday amid positive developments on the U.S.-China trade front. President Donald Trump said Monday that trade negotiations on a “phase one” deal are going faster than expected, and said the deal would “take care of “ U.S. farmers and bankers. Later in theRead More →
Asian markets kicked off a busy week by gaining in early trading Monday, after comments Friday that the U.S. and China were close to reaching a “phase one” trade deal. The U.S. Trade Representative’s office said that U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steve Mnuchin spoke with ChineseRead More →
Asian markets were mixed in early trading Thursday following gains on Wall Street and ahead of the European Central Bank’s meeting. U.S. stocks inched higher Wednesday despite largely disappointing earnings reports, with some experts saying confidence in the Federal Reserve — and in a potential interest-rate cut next week —Read More →
Asian markets retreated in early trading Wednesday amid new uncertainty involving Brexit and Hong Kong. On Tuesday, British Prime Minister Boris Johnson won Parliament’s backing for the substance of his exit deal but lost a key vote on its timing, a result that inches him closer to his goal ofRead More →
When hedge-fund billionaire Ray Dalio asked a crowded ballroom at a Milken Institute conference earlier this year whether they agreed that the current economic system needs to be renovated, most hands were raised. “If we don’t agree, we’ll have some form of revolution; that could be to abandon capitalism orRead More →
For Blackstone co-founder and chief executive Stephen Schwarzman, worrying is fun. In his new memoir What it Takes, the private-equity titan advises readers that worrying “is playful, engaging work that requires you never switch it off.” This approach helped him to protect Blackstone Group Inc. BX, +1.23% investors from theRead More →
The United States has been the most generous country in the world over the past decade. That’s the conclusion of the World Giving Index, a ranking that measured how likely residents of 128 countries were to practice acts of generosity. The index, from the U.K.-based nonprofit Charities Aid Foundation, isRead More →
Asian markets were mixed in early trading Friday, as new data showed worse-than-expected economic growth in China. China’s economy expanded at a 6% rate year-over-year, official data showed, less than the median 6.1% forecast by economists polled by the Wall Street Journal, and the worst pace of growth since theRead More →
Asian markets gained in early trading Friday amid optimism over U.S.-China trade talks, which headed into their second day in Washington. Despite low expectations going into the first face-to-face high-level negotiations since July, hopes rose that a limited trade deal could be agreed upon after Thursday first day of meetings.Read More →
