Setup News Ticker
Searching for 'market trade'. (Return)

Yahoo BusinessJan 21, 2020
Stocks Decline With U.S. Futures; Treasuries Rise: Markets Wrap
(Bloomberg) -- European stocks dropped alongside U.S. equity futures on Tuesday, tracking broad declines across Asia amid a series of negative developments in Hong Kong and worries about a deadly virus in China.The Stoxx Europe 600 Index fell a second day, with banks among the biggest losers after UBS Group AG missed key profitability and cost targets. Retailers also retreated, with luxury stocks suffering on concern the outbreak of a new coronavirus in China will disrupt spending during a key holiday period. News of the illness spreading rattled Asian markets, with shares in Hong Kong hit particularly hard after a credit rating downgrade and a top official calling for new security legislation.Contracts on the three main U.S. equity benchmarks all pointed to a drop when Wall Street returns from the long weekend. The risk-off mood helped spur some traditional haven assets, with the yen and Treasuries advancing. The Chinese and South Korean currencies weakened. The pound turned higher after better-than-expected U.K. employment figures.Read more: China Virus Concern Hammers Asian Stock SentimentThe emergence of the illness in China is stirring memories of the SARS outbreak 17 years ago for some market watchers, though it's not yet as serious. Still, easing trade tensions, a solid start to earnings season and signs global growth is bottoming have all combined to stoke stocks to multiple records this month; for many investors it may be time for a pause."For the market, the more meaningful driver still remai

Yahoo BusinessJan 21, 2020
China Virus Concern Hammers Asian Stock Sentiment on Holiday Eve
(Bloomberg) -- Financial markets in Asia reeled on concern a deadly virus emanating from China will spread through the region. Moves were exacerbated as traders closed out positions in the run-up to Lunar New Year holidays.Chinese shares in Hong Kong headed for their worst day since October 2018, while global traders offloaded more than 7 billion yuan ($1 billion) of mainland shares through exchange links. MSCI Inc.'s Asian gauge dropped 1%.The virus is another test for a bull run in global equities, which rose to record last week after shrugging off concerns of a wider conflict in the Middle East. Four people have died and a number of medical workers have been infected by the new illness, which emerged in the city of Wuhan. It has since been detected in people in Japan, Thailand, South Korea, as well as other parts of China."It is uncertain how the virus outbreak will develop in China during the holidays," said Jackson Wong, asset management director at Amber Hill Capital Ltd. "We are holding more cash and we are avoiding travel-related stocks and some technology stocks that had already jumped a lot earlier."The Hang Seng China Enterprises Index slumped more than 3% in Hong Kong, where equities were also hit after Moody's Investor Service dowgraded the city's rating and China's new top official in Hong Kong urged the city to enact national security legislation. The CSI 300 Index of stocks in Shanghai and Shenzhen dropped 1.7%.The reaction seeped into broader global markets. S&P 500 Index f

Yahoo BusinessJan 20, 2020
China Virus Outbreak Thwarts Most Bullish Stock Market in Years
(Bloomberg) -- A virus outbreak in China is sending shockwaves through the country's stock market, denting what had been growing enthusiasm toward shares.Consumer shares led losses in the FTSE China A50 Index of large caps Tuesday, which was set for its biggest drop in almost five months. Investors also sold crowd favorites such as liquor makers Wuliangye Yibin Co. and Kweichow Moutai Co., while travel operator China International Travel Service Corp. fell 3.5%. The offshore yuan slid as much as 0.5%, briefly trading on the weak side of 6.9 per dollar.The declines come just days before China celebrates the Lunar New Year, a typically strong season for traveling and consumer spending. Now, there's doubt that markets can continue their ascent after the week-long break."People are getting nervous and cashing out," said Wang Chen, a Shanghai-based partner with XuFunds Investment Management Co. He said his firm has cut some stock positions this week. "We have a long holiday coming up and the virus outbreak, and there was a bit too much hype in the market recently. Outflows via the northbound links and upcoming earnings season are also adding to caution.'Northbound stock links with Hong Kong will be shut for 5 trading days from Friday. After months of buying, foreigners had sold a net 5.1 billion yuan ($740 million) of mainland-listed shares as of the mid-day break, set for the most since early August.It marks an abrupt shift in market confidence, which was riding high as Beijing signed a phase one trade
Chinavirus shares Sars-like mount spread
VirusChina shares Sars-like spread coronavirus
TrumpCNN Davos Impeachment Senate Martin
StocksMarkets Wrap record European Europe
sharesChina virus fall mount HK
DavosTrump Plutocrats Warm one Focus
Marketsstocks Wrap GLOBAL virus mount
Sars-likeChina virus HK shares fall
SellsIndian Uber Zomato business food
FoxArizona police children found dead

Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money Real Estate News Analysis Indicators
Enterprise Application News
Forbes Headlines
Forbes Social Media News - China, Economy & Trade - Financial Markets - Hedge Funds - Telecoms - US
Google Business News
Google Market News
HBS Working Knowledge
INSEAD Knowledge
International Tax Review
L.S. Starrett News
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money Updates: News Digest
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ World Markets
Yahoo Business
  • CEOExpress
  • 1 Boston Place | Suite 2600
    Boston MA 02108
  • 617 482 1200
    617 299 8649 (fax)
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2020 CEOExpress Company LLC