Investors Jump Into Stocks at Record Pace With Correction Behind
Bloomberg–6 hours ago
Equity funds enjoyed a record $43.3 billion inflow in the week to March 14, Bank of America Merrill Lynch said in a report, citing EPFR Global fund flow data. U.S. stockfunds saw $34.6 billion of new money, an unprecedented amount, suggesting confidence in the economic outlook in spite of trade tensions …
Stocks, Bonds Fluctuate as Traders Size Up Kudlow: Markets Wrap
Bloomberg–Mar. 14, 2018
Stocks, Bonds Fluctuate as Traders Size Up Kudlow: Markets Wrap. By. Eddie Van Der Walt. @EdvanderWalt More stories by Eddie Van Der Walt. March 14, 2018, 3:12 PM PDT Updated on March 15, 2018, 3:57 AM PDT. Norway’s krone rallies on steeper rate outlook; yen rises. Investors weigh mixed outlook on trade, Fed …
Dow Industrials Edge Higher
Wall Street Journal–14 hours ago
The Dow Jones Industrial Average edged higher Thursday, as some investors took advantage of the market’s ongoing slump to help the blue-chip index snap a three-session losing streak. Despite the Dow’s gain, stocks wobbled throughout the day, and the S&P 500 finished lower for a fourth consecutive …
Asian Stocks Have the Most Buy Ratings Since 2011
Bloomberg–14 hours ago
Among more than 18,000 analyst ratings for stocks in the MSCI Asia Pacific Index, 60 percent are buy recommendations — the highest since October 2011 — according to data compiled by Bloomberg. While earnings are still expected to grow this year, there has been a slight deceleration in the pace of profit …
Stocks Slump as Traders Await Next Week’s Fed Move: Markets Wrap
Bloomberg–Mar. 14, 2018
Stocks Slump as Traders Await Next Week’s Fed Move: Markets Wrap. By. Sarah Ponczek. @SarahPonczek More stories by Sarah Ponczek. March 13, 2018, 3:11 PM PDT Updated on March 14, 2018, 1:02 PM PDT. D.C. changes stoke trade fears; U.S. crude stockpile grows. Benchmark bond yields tighten; copper …
Stocks Drift, Dollar Drops Amid Political Turmoil: Markets Wrap
Bloomberg–10 hours ago
The MSCI World Index of developed countries gained less than 0.05 percent. The MSCI Asia Pacific Index decreased 0.1 percent to the lowest in a week. Japan’s Nikkei 225 Stock Average dipped 0.6 percent to the lowest in a week. The MSCI Emerging Market Index sank 0.2 percent to the lowest in a week …
Billions of Dollars Pour Into Tech Funds, Powering Stock-Market Gains
Wall Street Journal–17 hours ago
Investors are increasing their bets on shares of technology companies, renewing concerns that the market is becoming too dependent on a few big stocks to power its gains. Nearly $5 billion has poured into tech-focused stock funds so far this year, the most of any major sector, according to Thomson …
Pipeline Stocks Plunge After FERC Kills Key Income-Tax Allowance
Bloomberg–16 hours ago
Pipeline stocks plunged after federal regulators ruled that master-limited partnerships can no longer receive a credit for income taxes they don’t pay. Williams Cos. was the biggest decliner in the S&P 500 Index, dropping as much as 12 percent, while the Alerian MLP Index, which tracks 40 partnerships, had …
Australian Pot Stock’s Board Ousted in Spat With Ex-Chair
Bloomberg–10 hours ago
Stocks have been surging in the nascent medicinal cannabis sector as Australia loosens regulations, seeking to create a cannabis-derived pharmaceutical industry. Once Hydroponics gets its “boardroom dramas resolved, I think the company has a very bright future,” said John Athanasiou, chief executive …
Goldman Says World’s Best Bet Right Now Is Emerging Market Stocks
Bloomberg–Mar. 14, 2018
Patel says the firm is particularly positive on Indian healthcare firms, Mexican consumer stocks and Argentine debt. She expects India’s government will boost spending on public health under Prime Minister Narendra Modi. And although political risks can’t be ignored, investors’ pessimism toward Mexico …
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