investing
Investing
European shares fall as energy stocks weigh; focus on U.S. jobs data
Investing
Jittery markets see bond funds enjoy largest weekly inflows since Nov 2021
Investing
Oil falls 4%, pressured by surprise U.S. crude, gasoline build
Investing
Oil rises as OPEC+ meeting eyed, global demand concerns weigh
Bumper earnings from BP help steady FTSE 100
Date: August 2, 2022
By Sruthi Shankar (Reuters) -UK’s blue-chip index edged higher on Tuesday, as strong results from oil major BP helped counter worries in global markets due to a flare-up in U.S.-China tensions. The FTSE 100 erased opening losses to edge up 0.2%. Other main European indexes slid on worries that a visit by U.S. House of...
Stocks and bond yields fall on Taiwan tensions
Date: August 2, 2022
By Tom Wilson and Kevin Buckland LONDON/TOKYO (Reuters) – Global stocks slipped and bond yields fell on Tuesday, compounding fears of a global recession, on concern that a visit by U.S. House of Representatives Speaker Nancy Pelosi to Taiwan would further harm relations between China and the United States. Investors sought safer assets after China...
U.S. stocks waver, crude plummets as weak data fuels recession fears
Date: August 1, 2022
By Stephen Culp NEW YORK (Reuters) – Wall Street see-sawed and crude prices plunged on Monday as world factory data showed demand weakening under inflation pressures, while the looming possibility of recession curbed risk appetite. All three major U.S. indexes were modestly higher on the first day of August, coming on the heels of the...
World stocks kick off August at 7-wk high, U.S. futures on back foot
Date: August 1, 2022
By Carolyn Cohn LONDON (Reuters) – World stocks hit seven-week highs on Monday, buoyed by recent strong corporate earnings and declining expectations for hefty interest rate rises, though U.S. index futures were indicating a lower start to August at the Wall Street open. Over the past month, global shares have gained 7%, the S&P 500...
European shares climb, set for best month since Nov 2020 on earnings cheer
Date: July 29, 2022
By Devik Jain (Reuters) -European shares rose on Friday and were on pace for their first monthly gain in four as a host of strong earnings from corporate Europe overshadowed fears of a global recession, with focus now on euro zone inflation and GDP data later in the day. The pan-European STOXX 600 was up...
Strong results lift Europe’s STOXX 600 to near seven-week highs
Date: July 27, 2022
By Susan Mathew, Devik Jain (Reuters) -European shares scaled near seven-week highs on Wednesday as a string of strong results from companies including Russia-exposed lender UniCredit and Britain’s Smurfit Kappa provided some comfort in an otherwise gloomy environment. The STOXX 600 index closed 0.5% higher, with shares of French IT consulting firm Atos surging 16.2%...