US stocks looked set to climb at the open after three consecutive down days, with Omicron causing volatility in markets.
Stock market investors are worried that the Omicron coronavirus variant could derail the global economic recovery.
Investors may be taking heart from weekend developments, including signs that Omicron symptoms are mild so far.
The disappointing August jobs report is likely to cause the Fed to keep up its support for the economy and stocks, analysts said.
Mutual funds hold tens of trillions of dollars in wealth, and the people who run them invest according to a wide variety of styles and strategies.
S&P 500 firms have been beating earnings estimates, cheering US stock market investors despite rising COVID-19 cases.
Some of Wall Street's biggest firms are singing the praises of European stocks, which could rise sharply as the region's economy bounces back.
"We see US growth momentum peaking," said BlackRock, which cut its stance on US stocks to neutral in its midyear outlook.
US inflation shot up at the fastest pace in 13 years in May, but stocks rose and bond yields fell, leaving some investors "rubbing their eyes."
DoubleLine's Gundlach said the dollar going down could ultimately cause the market to regard the national debt as a threat to future returns in his latest webcast.
Treasury prices fell and yields rose after a CNN report said Joe Biden could launch a stimulus package worth $US2 trillion, causing investors to brace for more bond issuance and higher inflation. US stocks were set for a mixed start as markets awaited the details of Biden’s plan and mulled […]
US stocks were set to open lower after a stellar rally took them to all-time highs last week, knocked back as investors fretted about rising COVID cases and Donald Trump’s possible impeachment. The dollar rose, driven by a degree of risk aversion and by rising bond yields and expected higher […]
David Bailin, Citi Private Bank chief investment officer, said tailwinds from the stimulus and good news of a vaccine will cause parts of the market to “roar” in the next year and a half. He told Bloomberg on Friday that investors need to be thinking ahead to what will happen […]
Laura Kane, UBS head of investment themes Americas told Bloomberg on Tuesday that US investors wanting to position themselves well as the dollar weakens should look to global equities. Kane said “one of our preferred markets is the UK” because the companies are attractively valued. This is a contrast to […]
BlackRock upgraded European equities to “overweight” from “underweight” in its mid-year outlook, citing the region’s strong policy and public health response to the coronavirus pandemic. The firm also downgraded US stocks to “neutral” from “overweight,” as surging coronavirus case counts and fading stimulus measures pose a risk to the market’s […]
On Monday, the European Securities and Markets Authority said that a number of countries lifted previous restrictions on short selling, The Wall Street Journal reported. The ban on short selling was put in place in March as volatile markets reeled amid the coronavirus pandemic. US regulators did not ban short […]
Renault shares plunged 8% on Thursday morning after Fiat Chrysler pulled its offer for the French carmaker. French government officials on Renault’s board postponed making a decision on Wednesday. Renault wanted more time to secure the support of long-time rival Nissan. “It has become clear that the political conditions in […]
