The S&P 500 (^GSPC -0.61%) is on its way to its second straight year of outsized returns. After generating a total return of 26.3% last year, including dividends, it’s up about 29% this year, as of this writing. That has led some some pundits to question whether the market is becoming too frothy. Meanwhile, famed…
(Reuters) – U.S. stock index futures were subdued on Tuesday as investors refrained from placing big bets ahead of a crucial inflation report this week that could influence the Federal Reserve at its monetary policy meeting this month. A November reading of the consumer price index (CPI), due on Wednesday, is among the last major…
SSE plans $28 billion investment in U.K. grid infrastructure Electricity pylons hold power cables leading away from the SSE (Scottish and Southern Energy) gas-fired Keadby Power Station near Scunthorpe in northern England on September 6, 2022. Lindsey Parnaby | Afp | Getty Images British energy company SSE said Tuesday that its electricity network subsidiary SSEN…
By Shubham Batra (Reuters) – European shares snapped an eight-session winning run on Tuesday, hurt by losses in miners, as the rally sparked by China stimulus pledges tapered off after its weak trade data, while the focus is now on U.S. inflation data. The pan-European index was down 0.3%, with the UK’s benchmark , down…
U.S. stock futures were falling early Tuesday as investors became more cautious ahead of the final inflation reading of the year. The stock market’s record rally stalled Monday and it looked set to remain on pause Tuesday. Futures on the S&P 500 were 0.1% lower ahead of the open, Nasdaq 100 futures also fell 0.1%…
Just like your 2024 Spotify Wrapped, Tatler Hong Kong looked back at the best songs released this year in the city—will your favourite canto-pop singer or indie musician be in it? For people born in Hong Kong, raised in Hong Kong or who now call Hong Kong home, 2024 has been a year rich in…
China’s sway over the global market is in noticeable decline. This week’s promise of bold economic support from the Chinese Politburo may have given local stocks a boost, but it barely registered elsewhere. The MSCI Asia Pacific regional benchmark was little changed in the first trading session after the announcement and stocks fell in Australia,…
(Bloomberg) — European stocks followed Asian shares lower as enthusiasm about China’s latest stimulus pledge faded, while traders await key inflation data from the US as well as a European Central Bank policy decision later this week. Most Read from Bloomberg The Stoxx Europe 600 index snapped an eight-day streak of gains, with basic resources…
Statues of bulls in Pudong’s Lujiazui Financial District in Shanghai, China, on Monday, Oct. 21, 2024. Qilai Shen | Bloomberg | Getty Images China stocks were mixed Tuesday amid broader gains in Asia-Pacific markets, following losses on Wall Street that saw the S&P 500 and Nasdaq Composite pull back from record highs ahead of key inflation data. Sentiment was…
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