Asian Shares Gain on Rosy Japan Data, Bucking Wall St Losses

People are reflected on an electronic stock indicator of a securities firm in Tokyo, Wednesday, Feb. 21, 2018. Shares were higher in Asia on Wednesday, supported by rosy manufacturing data from Japan. The gains came despite losses on Wall Street, where a six-day winning streak was snapped by a …

The U.S. stock market only had a taste of the potential damage from higher bond yields, with the biggest test yet to come, according to Morgan Stanley. “Appetizer, not the main course,” is how the bank’s strategists described the correction of late January to early February. In Europe, the Stoxx 600 index …

Eyebrow analysis isn’t a joke, according to Kyouko Amemiya, a senior market adviser at SBI Securities Co. in Tokyo who’s been watching the stock market for about 30 years. “The trend cycle on eyebrows and the ups and downs of hemlines are similar to an economic cycle,” Amemiya said. “You shouldn’t …

While many have warned that faster inflation could hurt stocks, in theory bigger price gains should be at worst neutral, if they boost earnings along the way. Higher real yields, on the other hand, mean a bigger discount rate to value future earnings. Should they break out of the range over the past five years …

Even though technology stocks led the rebound in the S&P 500 Index last week, the piling bets against the Nasdaq 100 may signal there’s room for equities to move higher. While hedge funds may be bracing for pain to come, eventual short covering may add fuel to the rebound following the recent turmoil.

Walmart’s flagging stock shaved roughly 73 points from the Dow and contributed to a 2.3% pullback among shares of consumer-staple stocks in the S&P 500. Gap also weighed on the S&P 500, with shares down 1.66, or 5%, at 31.61 after the company said it would replace the president and chief executive …

The poll, which was conducted Feb. 16, gauged the sentiments of about 500 institutional investors. Guiding clients through uncertainty can be difficult, especially amid the widely varying opinions. Morgan Stanley, one of the firms with a more negative outlook, predicts that the stock market hasn’t yet felt the …

“If rates have risen because of more growth, then the market has acted correctly,” Robert Naess, who manages about $42 billion in stocks at Nordea, said in an interview in Oslo. “If they have risen because they were just too low, then the sector rotation should be the opposite. Growth stocks should have …

Rite Aid shareholders will have a choice whether to take all stock or a combination of stock and cash. After it closes, Albertsons shareholders will own 70.4 percent to 72 percent of the business, the companies said. The companies have a combined value of around $24 billion, including debt, according to …

Pioneer, one of the country’s most prolific oil producers, said it would quadruple its semiannual dividend to 16 cents a share and buy back $100 million of its shares to negate the dilutive effects of a similar amount of stock awarded this year to employees. That is a small amount relative to the nearly $2 billion …