(Bloomberg) — Vietnam clinched a long-awaited upgrade to emerging-market status from FTSE Russell, a shift that could attract billions of dollars in fresh capital for its financial markets. The country’s stocks will be included in FTSE Russell’s secondary emerging markets grouping, joining the likes of China, India and Indonesia. The upgrade from frontier status will…
By Lewis Krauskopf NEW YORK (Reuters) -A spate of inflation data confronts U.S. stock investors in the coming week as markets grapple with fresh uncertainty over tariffs and government bond yields, while equities hover at lofty valuations. The benchmark S&P 500 index closed at a record high on Thursday despite an uneven start to September,…
Summer is over, and stock investors used to placid markets are getting a wakeup call. Equity markets were sharply lower on Monday, with losses in major indexes hovering around 1%. Traders are responding to further uncertainty around Trump tariffs and a spiking 30-year Treasury yield. The selling comes on the heels of positive August for…
By Lewis Krauskopf NEW YORK (Reuters) -A wobble in U.S. technology shares has raised the stakes for Nvidia Corp’s quarterly results on Wednesday, with earnings from the semiconductor giant posing a crucial test for the scorching AI trade. The benchmark S&P 500 has pulled back this week from record levels, dragged lower by a roughly…
The high-water mark for Wall Street’s S&P 500 (^GSPC) targets has moved up amid the market rally. Oppenheimer chief market strategist John Stoltzfus boosted his year-end target to 7,100 from 5,950 in a note to clients on Sunday night as “progress on trade negotiations removes an uncertainty that had weighed on our market outlook.” The…