US, Europe realized earnings volatility is trending higher (Bloomberg) — Investors are once again preparing for big earnings-day stock moves, paying up to speculate in a market that’s faltering after it reached a record high. Options on S&P 500 Index members imply an average 4.7% fluctuation following corporate results, data compiled by Bloomberg show. That’s…
(Bloomberg) — China accused the US of Cold War-era intervention in Latin America after Treasury Secretary Scott Bessent suggested Argentina’s president was “committed to getting China out.” Bessent made his comments on Fox News on Thursday as the US offers a $20 billion US financial lifeline to Argentina and President Javier Milei prepares to visit…
Kristalina Georgieva (Bloomberg) — Central bankers, already uneasy about trade tensions and swelling public debt, will collectively confront a new worry in the coming week: the danger of a market crash. Global policymakers and finance ministers will gather in Washington for the International Monetary Fund/World Bank fall meetings after a chorus of warnings that a…
A battery storage yard in Iola, Texas. (Bloomberg) — China’s newly announced raft of restrictions on the export of batteries could have major impacts on US companies, analysts say. Beijing has previously used rare earths as a tool in the trade war with Washington. But with its commanding position in the battery industry, China has identified…
Traders work on the floor of the New York Stock Exchange. (Bloomberg) — A record-setting surge in US stocks has traders approaching the start of corporate earnings season with elevated expectations and little patience for companies that don’t meet the bar. Most Read from Bloomberg The S&P 500 is up 11% year-to-date, fueled in-part by…
(Bloomberg) — Businesses across the global semiconductor supply chain are bracing themselves for disruptions from an escalating trade war, after China imposed curbs on rare-earth mineral exports and the US responded with additional tariffs and restrictions on software sales to the Asian nation. China’s restrictions, the most targeted move yet to limit supplies of rare-earth…
(Bloomberg) — Individual investors are buying stocks like never before and leaving the broader market in the dust. But at the same time, a surge in trading volume is raising fears that retail’s favorite positions are getting dangerously crowded. Most Read from Bloomberg Citigroup Inc.’s basket of 46 stocks most favored by non-professional investors, which…
The Samsung Electronics booth at the IFA Consumer Electronics and Home Appliances trade fair in Berlin. (Bloomberg) — Samsung Electronics Co. shares closed at an all-time high, riding investor enthusiasm for its potential in artificial intelligence chips and renewed confidence in its conventional memory business. Most Read from Bloomberg Its stock rose 6.1% to 94,400…
Neodymium at a rare earth factory in Baotou, Inner Mongolia, China. Photographer: Nelson Ching/Bloomberg (Bloomberg) — China has tightened curbs on rare earths to include items manufactured abroad, adding another layer of restrictions on an industry that’s been a source of friction between Beijing and Washington. Overseas exporters of items that use rare earths sourced…
Shoppers in Beijing. (Bloomberg) — China’s longest stock rally in years has done little to encourage households to shell out more money during a major holiday this month, a worry for an economy already entering a slowdown. After the summer ended with two of the weakest months for retail sales this year, preliminary figures showed…