Stock markets fall 0.5% in minutes, leaving traders perplexed

FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby MelvilleLONDON (Reuters) – U.S. and European stock markets saw a sudden 0.5% drop in hefty volumes around 1130 GMT on Tuesday, leaving traders scratching their heads and one calling it

Strong data lifts stocks after tax scare; oil gains

NEW YORK (Reuters) – Stocks rose on Friday as solid economic data reversed a Wall Street decline the previous session, while the U.S. dollar fell as it lost some of its safe haven appeal.FILE PHOTO: A man walks past the New York Stock Exchange on the corner of Wall and

Asian shares shake off U.S. tax fears; cryptocurrencies slump

SHANGHAI (Reuters) -Asian shares advanced on Friday, lifted by rising Chinese blue-chips and a decision by the European Central Bank to maintain stimulus, while investors largely shrugged off the impact of a possible U.S. capital gains tax hike.FILE PHOTO: A man wearing a face mask is seen inside the Shanghai

Pandemic fears send stocks, oil, yields lower

NEW YORK (Reuters) -A gauge of stock prices across the world fell on Tuesday and oil prices also slipped as concern lingered over rising global COVID-19 cases and their effect on the global economic rebound.FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New

World stocks post record highs as bond yields ease

LONDON/TOKYO (Reuters) – Global stock markets pushed to record highs on Wednesday as bond yields eased, after data showed U.S. inflation was not rising too fast as the economy re-opens.FILE PHOTO: A man walks past a stock quotation board at a brokerage in Tokyo, Japan February 26, 2021. REUTERS/Kim Kyung-HoonWith

Global equities surge on factory data, stimulus hopes

NEW YORK (Reuters) – Global equity markets surged on Thursday, with U.S. and European benchmark indexes hitting record highs, as the strongest manufacturing data around the world in decades and a drop in bond yields drove investor optimism.FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is

Hedge fund fallout wipes over $9 billion from market value of Credit Suisse, Nomura

LONDON (Reuters) – Shares in Nomura and Credit Suisse fell further on Wednesday, with a collective $9 billion wiped off their market value so far this week as the banks braced for big losses from the blow-up of U.S.-based hedge fund Archegos Capital.Slideshow ( 2 images )Credit Suisse and Nomura

Asian equities poised to seesaw as U.S. economic news pushes indexes lower

WASHINGTON (Reuters) – Asian markets will likely open mixed on Thursday after global equities dipped and U.S. investors considered which stock market sectors would most benefit from strengthening growth.FILE PHOTO: A man is reflected on a stock quotation board in Tokyo, Japan February 26, 2021. REUTERS/Kim Kyung-HoonConcerns about extended economic

Stocks and forex ride out Turkey shock

SYDNEY/LONDON (Reuters) – The fallout from Turkey’s latest market drama appeared contained on Monday, as stocks recovered from President Tayyip Erdogan’s shock replacing of a hawkish central bank governor with a critic of high interest rates.FILE PHOTO: Market makers work on the trading floor at IG Index in London, Britain

Asia stocks hesitant as bonds boosted by Turkish tumult

SYDNEY (Reuters) – Asian stocks turned mixed and bonds bounced on Monday as a plunge in the Turkish lira sparked talk that capital controls might be needed to stem the rout, though the wider fallout was relatively restrained for the moment.FILE PHOTO: Turkish lira banknotes are seen in this illustration