Jun 26, 2021 07:39 AM IST
Weaker-than-expected inflation data and news that U.S. President Joe Biden has secured a bipartisan infrastructure agreement with lawmakers gave a boost to stocks. The plan is valued at $1.2 trillion over eight years, of which $579 billion is new spending.
- Dec 31, 2019 07:30 AM IST
Wall Street slid as did equity markets in Europe and Japan, but overnight Chinese blue chips closed at an eight-month high and shares in Hong Kong closed at more than a five-month peak after China's central bank moved to lower funding costs.
- Oct 24, 2019 08:58 AM IST
You may want to explore possible substitutes in the same space in the developed markets.
- Aug 26, 2015 05:05 PM IST
Global stocks have lost more than USD 5 trillion since China unexpectedly devalued its currency on Aug. 11, but a short-lived recovery on Tuesday, following the cut in interest rates and bank reserve requirements, had pushed gold down 1.2 percent.
- Nov 09, 2012 12:52 PM IST
Asian shares fell further on Friday, weighed down by worries over the risk of a recession in the world's largest economy as the United States faces a looming fiscal crisis, while Europe still awaits a bailout for Greece, keeping investor risk appetite subdued.
- Aug 08, 2012 07:15 PM IST
Global stocks have been rallying in recent weeks, climbing a "wall of worry" and confounding the bears, leading a number of strategists to warn the gains are unlikely to last and investors should remain cautious.
- Jun 26, 2012 08:46 PM IST
Global stocks were little changed on Tuesday, while the euro fell to a two-week low against the US dollar on investors' doubts that European leaders would make meaningful progress on the debt crisis at a summit this week.
- May 14, 2012 07:42 PM IST
Global stocks slid and the euro fell to a four-month low on Monday as a political impasse in Greece heralded a potential exit for the country from the euro zone, while a move to prop up lending in China and poor European data pointed to slower world growth.
- Apr 12, 2012 08:42 PM IST
Global stocks rose and the euro gained on Thursday after a narrower US trade gap prompted by record-high exports eased concerns about a weak labor market and stoked optimism over the outlook for corporate earnings.
- Apr 09, 2012 09:52 PM IST
Global stocks and crude oil fell on Monday as investors reacted to the surprisingly sharp slowdown in US jobs growth reported last week, which raised concerns about the strength of the world's largest economy.
- Mar 26, 2012 09:16 PM IST
Global stocks rose on Monday while the dollar retreated after U.S. Federal Reserve Chairman Ben Bernanke said a continuation of easy monetary policy would be key to cutting U.S. unemployment.
- Oct 07, 2011 03:50 AM IST
Global stocks rallied for a third straight day and oil prices surged on Thursday on renewed European efforts to aid ailing regional banks and as a ho-hum U.S. jobs report still managed to ease fears of a new recession.
- Oct 05, 2011 09:00 PM IST
Global stocks and oil prices rebounded on Wednesday after reassuring US economic data and hopeful signs authorities are moving forward to contain the latest outbreak in Europe's debt crisis.
- Sep 06, 2011 03:50 PM IST
Switzerland's central bank stepped in to stop investors driving up the franc on Tuesday, sending the euro up nearly 9% and stifling a tentative European stock recovery from sharp losses a day earlier.
- Aug 30, 2011 02:08 PM IST
Global stocks rose to their highest in nearly two weeks on Tuesday, while safe haven assets like the Swiss franc and German Bunds were subdued, encouraged by signs that the US economy was not headed towards a recession as yet.
- Aug 19, 2011 02:00 PM IST
Global stocks ceded more ground on Friday, hurt by mounting concerns the US economy is heading into another recession and as some European lenders faced a short-term funding crunch, highlighting the risk of another banking crisis.
- Jul 27, 2011 11:39 AM IST
Managers of money for the world's rich are planning to boost investments in emerging markets, global stocks and hedge funds as these asset classes, once deemed risky, become more acceptable amid the developed world's woes, research showed.
- Jun 22, 2011 09:48 PM IST
The euro and global stocks slipped on Wednesday on lingering anxiety over Europe's debt crisis and ahead of a US Federal Reserve meeting that could indicate the next step it takes to help a weak economy.
- Jun 20, 2011 08:37 PM IST
Global stocks dipped and crude oil fell on Monday after euro zone finance ministers delayed a decision on extending emergency loans to Greece, though the euro trimmed losses against the dollar on comments the size of a European bailout fund would grow.
- Jun 04, 2011 10:30 AM IST
Signs of a slowdown in the global economy grew on Friday as US employment rose far less than expected in May and service sector growth in major European and emerging Asian economies was uneven.
- Apr 18, 2011 03:48 PM IST
If a major part of portfolio begins to move in a specified way showing upward or downward trend, it indicates that the portfolio is not diversified enough. Diversification plays a very crucial role as it helps to spread out risk in an even manner.
- Mar 22, 2011 08:15 AM IST
Global stocks rose on Monday as risk appetite returned after Japan had some success controlling a crippled nuclear plant, while the yen slipped on speculation of further market intervention.
- Mar 10, 2011 08:42 AM IST
Brent oil prices jumped on Wednesday, weighing on global stocks, as escalating violence in Libya increased fears higher energy costs could choke the global economic recovery.