World
European markets head for higher open as investors look to reverse negative slide
LONDON — European stocks are expected to open higher on Wednesday as markets look to reverse a negative slide in the previous trading session. The U.K.’s FTSE index is seen opening 79 points higher at 7,096, Germany’s DAX 159 points higher at 12,550, France’s CAC 40 up 82 points at 5,867, and Italy’s FTSE MIB 270 […]
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Putin may propose a cease-fire after taking all of the Donbas, says analyst
With the Luhansk region under Russian control, President Vladimir Putin may now focus on seizing all of the Donbas region in eastern Ukraine before offering a cease-fire, a defense policy analyst told CNBC’s “Capital Connection” on Tuesday. “Putin [may] offer the potential for a cease-fire if only to give him[self] an opportunity to fortify the […]
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Macao locks down landmark Lisboa hotel after more than a dozen Covid-19 cases
In this 2019 photo, the Grand Lisboa casino resort towers over dilapidated buildings in Macao. Anthony Wallace | AFP | Getty Images Macao has locked down one of the city’s most famous hotels, the Grand Lisboa, after more than a dozen Covid-19 cases were found there on Tuesday, with infections spreading rapidly in the world’s […]
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The 4 most ‘recession-proof’ industries to work in, according to economists
Warnings about a looming recession have reached a fever pitch. Inflation continues to soar, causing chaos in the stock market, and companies are starting to prepare for the worst with layoffs, hiring freezes and, in some extreme cases, rescinding job offers. The sudden shift in labor market dynamics — after months of strong job prospects […]
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Wrong time to get bullish: Top investor warns deflating tech ‘bubble’ far from over
The recent tech rally may be doomed. Money manager Dan Suzuki of Richard Bernstein Advisors warns the market is far from bottoming — and it’s a concept investors fail to grasp, particularly when it comes to growth, technology and innovation names. “The two certainties in this world of uncertainty today is that profits growth is […]
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‘Dividend aristocrats’: Strategists name high-yielding stocks to ride out a bear market
U.S. stocks fell into bear market territory last month — and the wild swings since have made it hard to predict where the market is going next. The S & P 500 logged its worst performance in 50 years during the first half of this year, as it tumbled nearly 20%, and the Nasdaq is […]
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Wall Street believes these beaten-down global stocks are set for a rebound
Few would have anticipated the steep losses in stock markets this year, after such a solid 2021. But the first half of 2022 has turned out to be something of a nightmare for many investors The MSCI World had its worst start to the year on record, while the S & P 500 ended the […]
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Asia-Pacific markets poised to open lower after Wall Street staged a comeback
SINGAPORE — Futures in the Asia-Pacific pointed to a lower open in the region despite Wall Street recovering most of its losses by the close. The Nikkei futures contract in Chicago was at 26,240 while its counterpart in Osaka was at 26,220. That compared against the Nikkei 225’s last close at 26,423.47. In Australia, SPI […]
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S&P 500 futures are little changed after a late day rally and ahead of Fed minutes
Traders on the floor of the New York Stock Exchange, June 28, 2022. Source: NYSE U.S. equities futures were flat Tuesday night after the market staged a big midday reversal, with falling bond yields giving a boost to growth stocks, and ahead of a batch of economic data. Futures tied to the Dow Jones Industrial […]
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Ray Dalio is having a good year with Bridgewater’s flagship fund gaining more than 30% so far
Bridgewater’s flagship hedge fund has returned more than 30% through the first half of 2022 as elevated volatility created a golden opportunity for outperformance, according to a person familiar with the return. The firm’s Pure Alpha II fund climbed 4.8% in June, pushing its 2022 gains through the end of June to 32.2%, the person […]
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