Overseas expansion and a commodity boom have put Chinese companies trading on the mainland in a position to beat their offshore-listed peers in earnings, cementing the outperformance of yuan-denominated stocks since the outbreak of Middle East hostility. The 300 largest mainland-traded companies may post average 2025 profit growth of 6.3 per cent during the coming…
With the Nasdaq down about six per cent from its peak at the end of October, and the S&P 500 index down about four per cent in the same period, it is fascinating to watch investors’ behaviour recently. Even though the year has been solid, with the S&P 500 up about 13 per cent year-to-date,…
Buildings along Wall Street in New York, US. (Bloomberg) — Wall Street chief executives said investors should brace for an equity market drop of more than 10% in the next 12 to 24 months, and that such a correction may be a positive development. Corporate earnings are strong but “what’s challenging are valuations,” said Mike…
Stocks hit fresh records on Monday, marking a significant pickup in momentum after a bumpy stretch in which tariff fears and worries about loan losses at regional banks weighed on major indexes. The optimism isn’t limited to U.S. markets. Benchmarks in Japan, South Korea and Taiwan notched new records Monday, while the Shanghai composite closed…
The week ahead for investors will be jam-packed, with the Federal Reserve’s latest interest rate decision, a rush of corporate earnings results, and a crucial sit-down between President Trump and China’s President Xi Jinping set to feature. Stocks closed the week at record highs as the delayed release of the Consumer Price Index (CPI) report…
Gold suffered its biggest one-day loss since the start of the Covid pandemic, only a day after setting a record high (DAVID GRAY) Most stock markets extended gains Tuesday on further signs that China-US trade tensions were easing and as investors looked to corporate earnings. Tokyo hit another record as Japan swore in new prime…
US stock futures rose slightly early Thursday as investors weighed promising corporate earnings against concerns about an escalating US-China trade war. Dow Jones Industrial Average futures (YM=F) nudged up 0.1%, while those on the S&P 500 (ES=F) put on roughly 0.2%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) moved up 0.3%, on the heels of…
US stock futures made slight gains Wednesday evening as investors weighed corporate earnings against the escalating US-China trade war. Futures attached to the Dow Jones Industrial Average (YM=F) and the benchmark S&P 500 (ES=F) inched up 0.1%. Futures attached to the tech-heavy Nasdaq 100 (NQ=F) rose 0.2%. After the bell, Salesforce (CRM) stock advanced after…
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) — Wall Street forecasters are rushing to boost their outlook for the S&P 500 (^GSPC) as robust corporate earnings and renewed enthusiasm around artificial intelligence fuel a record-breaking rally. Deutsche Bank AG strategist Binky Chadha raised his year-end target for the US benchmark to 7,000 points, implying gains of more than 7% from current…