Category: Stocks
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China stocks ‘riding the dragon’s tail’ amid stimulus swings- MRB Partners By Investing.com
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Investing.com — China’s latest round of stimulus has sparked a strong rally in local stocks over the past few weeks, but MRB Partners said China’s earnings outlook remains weak, and it’s too early to upgrade local stocks. MRB Partners said that the recent rise in Chinese stocks was mainly driven…
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Asian Stocks to Rally as US Record High Lifts Mood: Markets Wrap
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Breadcrumb links BMN Business Asian shares are poised to advance on Thursday after US stocks hit a new high ahead of inflation data that could determine the Federal Reserve’s policy easing in the coming months. Article writer: Bloomberg News Richard Henderson Published on October 09, 2024 • 3 minutes read…
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Forexlive Americas FX news wrap 9 Oct: Dollar, yields and stocks move higher ahead of CPI
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The Reserve Bank of New Zealand cut interest rates by 50 basis points causing the New Zealand dollar to fall against all major currencies. The largest decline was against the US dollar by -1.32%, and the US dollar was the strongest among the major currencies today: US CPI data will…
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Morocco stocks higher at close of trade; Moroccan All Shares up 0.92% By Investing.com
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Investing.com – Moroccan stocks rose after the close on Wednesday, as gains in sectors led stocks higher. At the end of trading in Casablanca, the stock rose by 0.92%. The best performers of the session were Realis. Mechanics (CSE:) stock rose by 5.46%, or 23.30 points, and its price reached…
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Chinese Stocks Drop, US Futures Decline on Google: Markets Wrap
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(Bloomberg) — Chinese stocks fell on Wednesday as traders weighed weak economic data from the Golden Week holiday and questioned Beijing’s commitment to further stimulus measures. Most read from Bloomberg The benchmark CSI 300 index underperformed the region, falling as much as 7.4% before paring some of its losses after…
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Chinese Stocks Drop, US Futures Decline on Google: Markets Wrap
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(Bloomberg) — Chinese stocks fell on Wednesday as traders weighed weak economic data from the Golden Week holiday and questioned Beijing’s commitment to further stimulus measures. Most read from Bloomberg The benchmark CSI 300 index underperformed the region, falling as much as 7.4% before paring some of its losses after…
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These 2 stocks will trade in a volatile fashion during Tesla’s robotaxi event By Investing.com
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Investing.com – As Tesla (NASDAQ:) prepares for an upcoming robotics event, analysts at RBC Capital expect volatility in the share prices of ride-sharing giants Uber (NYSE:) and Tesla Inc (NYSE:). Lyft (Nasdaq:). The event, which is set to showcase Tesla’s developments in autonomous vehicle (AV) technology, could lead to market…
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3 of Wall Street’s Most Influential Stocks Can Plunge if Kamala Harris Wins in November
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Four weeks from today, on November 5, voters will determine the direction our great country will take over the next four years. Although every bill that comes out of Washington, D.C., has no impact on the stock market, the economic proposals that the next president and ultimately Congress put forward…
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Taiwan stocks higher at close of trade; Taiwan Weighted up 1.79% By Investing.com
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Investing.com – Shares in Taiwan rose after the close on Tuesday, as gains in Taiwan stocks led shares higher. At the end of trading in Taiwan, the stock rose 1.79%. Among today’s leading stocks was Arima Communications (TW:), which rose 350.24%, or 7.39 points, to trade at 9.50 at the…
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China stocks soar to 2-year peaks on stimulus hopes By Reuters
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(Reuters) – Chinese stocks rose to their highest levels in two years on Tuesday as mainland markets reopened after a week-long holiday amid a wave of speculation of more stimulus from Beijing. The CSI300 index rose 10% in early trading to its highest levels since mid-2022 and rose 9.7% and…
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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.94% By Investing.com
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Investing.com – U.S. stocks fell after the close on Monday, as sector and sector losses dragged stocks lower. At the end of trading on the New York Stock Exchange, the index lost 0.94%, while the index lost 0.96%, and the index fell 1.17%. The best performers of the session were…
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Strong jobs report to lift cyclical stocks, says Morgan Stanley By Investing.com
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Investing.com – Resilient U.S. labor market data and expectations for a series of quarter-point interest rate cuts from the Federal Reserve warrant a shift into cyclical stocks, according to analysts at Morgan Stanley. In a note to clients on Monday, analysts added that following the jobs numbers, investors have become…
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Asia stocks surge on US payrolls cheer, China stimulus hopes By Investing.com
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Investing.com — Asian stocks rose on Monday, with Japanese shares leading gains as strong U.S. jobs data quelled concerns about an economic slowdown, while hopes for more stimulus measures in China also boosted sentiment. Regional stocks received positive signals from Friday’s rise on Wall Street, which came on the heels…
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Goldman Sachs upgraded its call on Chinese stocks to overweight
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Goldman Sachs raised its call on Chinese stocks to overweight, due to optimism over Beijing’s stimulus measures. Bloomberg (portal) with the report. In short (very): Chinese stocks could rise another 15% to 20% if the authorities fulfill their policy promises. Valuations are below historical averages, earnings could improve, and global…
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Israel stocks lower at close of trade; TA 35 down 0.23% By Investing.com
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Investing.com – Israeli stocks fell after the close on Sunday, as losses in sectors led shares lower. At the close in Tel Aviv, the index fell by 0.23%. The best performers of the session were Kamtek Ltd (TASE:), which rose 4.77% or 1,390.00 points and reached 30,500.00 at the close.…
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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.58% By Investing.com
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Investing.com – Saudi stocks fell after the close on Sunday, as losses in stocks and sectors led shares lower. At the close in Saudi Arabia, the index fell by 1.58%. Among the leading stocks today, Al Baha Investment and Development Company (TADAWUL:) emerged, whose value rose 7.14%, or 0.02 points,…
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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.58% By Investing.com
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Investing.com – Saudi stocks fell after the close on Sunday, as losses in stocks and sectors led shares lower. At the close in Saudi Arabia, the index fell by 1.58%. Among the leading stocks today, Al Baha Investment and Development Company (TADAWUL:) emerged, whose value rose 7.14%, or 0.02 points,…
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Forexlive Americas FX news wrap 4Oct:US jobs report is strong. USD, yields and stocks rise
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The US September jobs report beat expectations today, with non-farm payrolls rising by 254,000 compared to expectations of 140,000. The unemployment rate decreased slightly to 4.1%, approaching 4.0%, and the participation rate stabilized at 62.7%. Private sector payrolls rose by 223,000, while average hourly earnings rose 0.4% month-over-month and 4.0%…
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European shares rise as energy stocks shine on wider Middle East conflict By Reuters
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Written by Pranav Kashyap (Reuters) – European stocks rose on Friday, supported by energy shares in the region, after prices rose on concerns about a deeper conflict in the Middle East. The European index rose 0.2%. However, the index is on track to record its worst week since September 2,…