Top sector winners and losers

Top sector winners and losers

Investors brace for a bumpy ride as President-elect Donald Trump’s second term gets underway on Monday, bringing the promise of significant policy shifts — including lighter regulation and tax cuts. Those two priorities have Wall Street upbeat, while cooling inflation and strong earnings have also fueled investor optimism. This past week, the S&P 500 (^GSPC)…

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China's Nov industrial profits narrow decline but demand remains soft

China’s Nov industrial profits narrow decline but demand remains soft

BEIJING (Reuters) -China’s industrial profits fell at a slower clip in November, official data showed on Friday, offering some respite to an embattled sector even as persistently soft domestic demand delays a recovery. The world’s second-largest economy has been struggling to mount a strong post-pandemic revival, as business and household appetites for spending and investment…

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