China’s recent rollout of stimulus is centered around lifting domestic demand and hitting the nation’s annual growth goal, said Vice Finance Minister Liao Min, as investors await a meeting of lawmakers expected to unveil details of Beijing’s crucial fiscal package. “The goals are to enhance the strength of macro policies to expand domestic demand and…
After a week when inflation fears revived, bond yields jumped and US presidential politics stewed, the biggest takeaway for risk-asset bulls may be how little any of it ended up bothering them. True, a selloff in Treasuries pushed US 10-year yields to the highest since July, revving up anxiety across Wall Street and formally ending…
Equities in Asia were primed for a pullback, while Treasury yields pushed the dollar higher as traders scaled back bets on Federal Reserve cuts. Australian shares and stock futures for Japan and Hong Kong all fell Thursday following a 0.9% decline for the S&P 500 on Wednesday, while the yen touched the weakest level against…
Forecasting the market is hard, some would say impossible. But that doesn’t keep Wall Street’s best and brightest from diving in to the fray, year after year. Rarely have their predictive energies been on greater display than this week, when Goldman Sachs warned that annual S&P 500 returns may narrow to a paltry 3% over…
Christopher Grigat | Moment | Getty Images Investors can generally reduce their tax losses in a portfolio by using exchange-traded funds over mutual funds, experts said. “ETFs come with tax magic that’s unrivaled by mutual funds,” Bryan Armour, Morningstar’s director of passive strategies research for North America and editor of its ETFInvestor newsletter, wrote earlier…
U.S. stock markets saw minimal changes on Tuesday as General Motors surged 10.4% on strong earnings offset a steep drop in GE Aerospace shares. S&P 500: 5,851.20 ⬇️ down 0.0047% Nasdaq Composite: 18,573.13 ⬆️ up 0.18% Dow Jones Industrial Average: 42,924.89 ⬇️ down 0.016% STOXX Europe 600: 520.40 ⬇️ down 0.21% CSI 300: 3,957.78 ⬆️…
Developing-world bonds weakened along with stocks on Tuesday as investors weigh the prospect of slower US interest-rate cuts, pushing US yields higher. A Bloomberg index for emerging-market dollar sovereign bonds declined for a third day as US Treasuries extended Monday’s sharp losses, with the 10-year yield rising back above 4.20% for the first time since…
U.S. stocks closed mixed on Monday, as Wall Street’s extended rally took a breather ahead of a pivotal week for earnings reports. The S&P 500 slipped by 0.18%, while the Dow Jones Industrial Average fell over 300 points. The tech-heavy Nasdaq Composite managed a 0.27% gain, supported by Nvidia’s record-breaking performance. S&P 500: 5,853.98 ⬇️…
The exceptional stock market performance of the past ten years could be replaced by a decade of markedly lower returns, according to Goldman Sachs. During the next ten years, the S&P 500 (which reflects the broader market) could yield a nominal annualized return of 3%, analysts at the investment bank predicted in a note from…
China’s mainland shares posted modest gains as a central bank lending rate cut boosted real estate stocks, but investors awaited more details on government stimulus. S&P 500 Futures: 5,903.50 ⬇️ down 0.04% S&P 500: 5,864.67 ⬆️ up 0.40% Nasdaq Composite: 18,489.55 ⬆️ up 0.63% Dow Jones Industrial Average: 43,275.91 ⬆️ up 0.09% FTSE 100: 8,386.32…