Europe has started 2017 out of favor; but once it grows 10%, American investors will rush in, a fund manager predicts. European stocks are likely to deliver good returns for investors willing to put up with the political turmoil that is in store for this year, if interest rates have bottomed, a fund manager focused on the Continent has told TheStreet .
Category: Financial Markets
China Shares Rise For a 3rd Day
China’s main share indexes rose for a third day on Wednesday to approach three-month highs, though gains were capped as speculators sold some recently-listed financial sector stocks. The blue-chip CSI300 index rose 0.2 percent, to 3,489.76 points.
European Stocks Called Higher as Global Equities Return to Winning Form
European stocks are expected to add to gains again Wednesday as benchmarks around the world test record and multi-month highs amid renewed economic optimism and solid corporate earnings. European stocks are expected to add to gains again Wednesday as benchmarks around the world test record and multi-month highs amid renewed economic optimism and solid corporate earnings.
Asia Up as Wall Street Extends Record Rise, Dollar Slips
An investor looks at a computer screen showing stock information at a brokerage house in Shanghai March 17, 2015.
Asia Up as Wall Street Extends Record Rise, Dollar Steady
Asian stocks edged up on Wednesday, joining a record-setting night for world markets as investors cheered upbeat factory activity in Europe and solid earnings on Wall Street. The dollar was steady after hawkish comments from top Federal Reserve officials bolstered expectations the world’s no.
Dow Posts Eighth Consecutive Record Close; S&P 500 and Nasdaq Also Score New Highs
Wall Street returned from the long holiday weekend with enough energy to push stocks to new records for their second session in a row. The Dow Jones Industrial Average increased 0.58% to close at 20,743, capping off its eighth straight day of gains following a better-than-expected quarter from Walmart .
Stocks on Track to Close at Records as Retail, Energy Rise
Stocks trade above closing records on Tuesday after better-than-expected earnings from Walmart and as energy names rally on a boost to crude oil. Stocks traded above closing records on Tuesday after better-than-expected earnings from Walmart and as energy names rallied on a boost to crude oil.
European Oil Majors Rise on Record Bets For Further Crude Gains
Europe’s biggest oil company stocks notched solid gains Tuesday as crude prices continued to rise on increased bets that OPEC’s production cut discipline will offset rising U.S. supply signals. Europe’s biggest oil company stocks notched solid gains Tuesday as crude prices continued to rise on increased bets that OPEC’s production cut discipline will offset rising U.S. supply signals.
European Stocks Fall as HSBC Leads Financials Lower
European equities slipped in early trading on Tuesday, with HSBC leading the regional banking index lower after reporting a 62 percent slump in its annual pre-tax profit. Europe’s biggest bank dropped 6 percent and was headed for its biggest one-day fall since August 2015 after its results fell far short of analysts’ estimates as it took hefty writedowns from its restructuring.
European Stocks Called Lower, HSBC Earnings in Focus
European stocks are expected to slip modestly at the open of trading Tuesday as investors continue to focus on a mixed earnings season on increasing political uncertainty in the region. European stocks are expected to slip modestly at the open of trading Tuesday, following a solid Asia session, as investors continue to focus on a mixed earnings season on increasing political uncertainty in the region.
China Stocks Approach 3-Month Highs
China stocks extended gains on Tuesday to close at a near three-month high, as expectations for big flows into stock markets from pension funds continued to improve risk appetite. The blue-chip CSI300 index rose 0.3 percent, to 3,482.82 points, while the Shanghai Composite Index added 0.4 percent to 3,253.33 points, its highest close since Dec. 1. “Pension funds will be the biggest source of incremental capital in the near future, and they would surely pick shares of industry bellwethers and consequently boost the blue-chips,” said Tian Weidong, a Xi’an-based analyst with Kaiyuan Securities.
Nikkei Boosted By Weaker Yen
Japanese stocks rose on Tuesday as the weaker yen helped overall sentiment, while the paper sector outperformed on a report that a major producer intends to raise printing paper prices. Trading volumes were low, however, as a holiday in the United States on Monday left investors short of the usual leads.
Asia Shares Consolidate Recent Gains; China Shines
Asian stocks held ground on Tuesday though Chinese equities surged to a fresh 2-1/2 month high as domestic funds piled into financial counters on expectations the world’s second biggest economy may have turned a corner. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.2 percent on Tuesday and held below a 19-month peak hit last Thursday.
More Rate Hikes Good for the Market?
On Dec. 14, 2016, the federal funds rate was hiked by 25 basis points to 0.75%. More hikes are expected in 2017, but early this month, Fed FOMC members decided to maintain the interest rate at 75% for the time being without ruling out further increments.
European Stocks Rise, France Slips as Polls Narrow in Favor of Le Pen
M&A continued as a key influence for European stocks while politics also returned to the fore as polls narrowed in favor of Le Pen European stock markets were mixed Monday as investors reacted to the continued ebb and flow of merger news and politics returned to the fore with French election polls narrowing in favor of Marine Le Pen. Le Pen, the most divisive candidate standing in the Presidential election, saw polls for voting intentions in the second and final round of the race narrow.
Potential border tax bad news for retail stocks?
Feb. 20, 2017 – 3:03 – Sethi Financial Group’s Rob Morgan on the outlook for stocks, the impact of a potential border tax on retail stocks and Federal Reserve policy.
German Yields Hit Record Low, French Bond Spreads Widen as Political Concerns Intensify
Germany’s two-year government bond yields hit a record low Monday amid rising political uncertainty in the region as officials meet in Brussels to debate the ongoing bailout in Greece. Germany’s two-year government bond yields hit a record low Monday amid rising political uncertainty in the region as officials meet in Brussels to debate the ongoing bailout in Greece and polls indicate rising support for far-right Presidential candidate Marine Le Pen.
European Stocks Called Higher; US Markets Closed for Presidents’ Day Holiday
European stocks are expected to open firmer Monday, but volumes will be thin owing to market closures in the United States for Presidents’ Day. European stocks are expected to open firmer Monday, but volumes will be thin owing to market closures in the United States for Presidents’ Day.
Asia Stocks Adrift For U.S. Holiday
Asian share markets were mixed on Monday as political uncertainty globally kept the mood cautious, while the U.S. dollar dithered in a tight range ahead of a busy week for Federal Reserve events. Turnover was light with U.S. markets closed for the Presidents Day holiday.
Stocks Under $10 Portfolio: Earnings and Yellen in the Spotlight
The following is an excerpt from the Stocks Under $10 Weekly Roundup originally sent to Stocks Under $10 subscribers on Jan. 20. Click here to learn more about this dynamic portfolio managed by David Peltier. U.S. stocks closed higher for the sixth time out of the past seven weeks, as earnings season pressed on.
2 Top Internet-of-Things Stocks to Buy Now
The Internet of Things is a $19 trillion opportunity,according to former Cisco Systems CEO John Chambers. That figure may be overstating it, but the IoT does present one of the most significant investment opportunities of our times.
3 Stocks We Like More Than Kinder Morgan Inc.
Travis Hoium : Kinder Morgan is supposed to be a cash-flow machine for investors, acting as a toll collector on thousands of miles of oil and gas pipelines. At the end of the day, the company should be judged by its cash flow and dividend — which is no longer a great value at a 2.2% dividend yield.
Why 2017 Could Be This Stock’s Best Year Yet
Investing in winning stocks is equal parts art and science. Making the endeavor harder is that finding stocks primed for a move higher often involves seeing something the rest of the market is missing.
The Top Growth Stock to Buy in 2017
Growth stocks can deliver explosive gains — or sizable losses. A well-chosen growth stock can deliver multibagger returns and turbocharge your portfolio’s overall performance.
The Best Investments for an IRA
An IRA is a fantastic way to build long-term wealth, but it can be tricky knowing which stocks or ETFs are best to own in one. There are thousands of publicly traded companies and ETFs to choose from, and they don’t all deserve a spot in your portfolio.
Riddle Me This; Bendable Market: Best of Kass
In highlights from this week’s trading diary and posts, Kass discusses a difference between the equity and the fixed-income markets, and watches as the market bends, just a little. Doug Kass fills his blog on RealMoney every day with his up-to-the-minute reactions to what’s happening in the market and his legendary ahead-of-the-crowd ideas.
BofA Boosts CEO Moynihan’s Pay 25% as Citigroup Pares Corbat’s
Bank of America Corp. awarded Chief Executive Officer Brian T. Moynihan $20 million for his work last year, raising his compensation 25 percent, while Citigroup Inc. cut CEO Mike Corbat’s by 6.1 percent to $15.5 million. Moynihan received $18.5 million in stock grants for 2016, according to a regulatory filing Friday, up from the $14.5 million he received for 2015.
Why Yamana Gold, Nu Skin Enterprises, and DineEquity Slumped Today
Friday once again showed the resiliency of the stock market, with the Dow , S&P 500 , and Nasdaq Composite all finishing with modest gains that were sufficient to bring the market benchmarks to new record highs. Positive sentiment about the prospects for the U.S. economy continued to guide the market’s movements and prevent any substantial drop in stocks, and generally favorable earnings across the business continuum were also supportive.
Why Unilever, DigitalGlobe, and SunPower Jumped Today
The stock market finished the week on a quiet note on Friday, as major market benchmarks once again overcame downward pressure early in the day to finish slightly higher. The Dow , S&P 500 , and Nasdaq Composite all gained enough ground to set new all-time records.
Why Pingtan Marine Enterprises Ltd Sank 16% on Friday
There seems to be little specific news to explain Pingtan’s sudden sell-off Friday, at least in the ultra-near term. Over in Norway, rival fishermen Norway Royal Salmon and Marine Harvest are enjoying their “best fourth quarter result in … history,” and “record high” profits, respectively, both partly with help from Chinese demand for fish.
What Happened in the Stock Market Today
Stocks spent nearly all of Friday’s trading session in the red before climbing back to just barely positive territory at the close. The Dow Jones Industrial Average Campbell Soup shares gave up 6.5% to slip into negative territory on the year after the consumer foods specialist posted surprisingly weak fourth-quarter earnings results.
Trump, Yellen Nor Putin Can Spook U.S. Investors
It seems as if U.S. stock investors are afraid of absolutely nothing. Not even a Russian submarine floating off the coast of Connecticut, nor a pugnacious president who lambasted and mocked the media during a chaotic press conference or a Fed Chair that talked candidly about a slow-growing U.S. economy.
Stocks Finish Higher For Week As Dow, Nasdaq Score Another Record
U.S. stocks finished higher for the week Friday as the Dow industrials extended its streak of record closes to seven sessions. The Dow Jones Industrial Average rose 4.28 points, or less than 0.1%, to finish at 20,624.05, as shares of UnitedHealth Group Inc. weighed heavily on the average.
European Benchmarks Fall, But London Bucks Trend on Takeover Activity
European benchmarks fell on Friday as the so-called Trump-trade appeared to fade, but London bucked the trend among its continental cousins after drawing a boost from takeover activity and the recovery of formerly ex-dividend stocks. The FTSE 100 closed 0.30% higher at 7,299 while the DAX in Germany was flat at 11,757 and the CAC 40 in France fell by 0.65% to 4,867.
Stocks Retreat From Record Highs, UnitedHealth Drags on Dow
Wall Street is lower in a quieter end to a record-breaking week in which stocks scored their best winning streak in a quarter century. Wall Street held lower Friday in a quieter end to a record-breaking week in which stocks scored their best winning streak in a quarter century.
Why We’re Excited About These 3 Top Stocks
No two investors are alike. While some are excited by explosive growth, others look for predictable businesses with competitive advantages.
What This Legendary Value Investor Thinks About the Markets Right Now
Seth Klarman is the legendary value investor behind the highly successful and secretive Baupost Group. Klarman is also known as the “Oracle of Boston,” and his fund has only had three losing years in Baupost’s 34-year-long history and has generated annual returns of 16.4%.
China Indexes Fall, Erasing Most of This Week’s Gains
China’s main stock indexes fell on Friday as investors retreated from brokerage and newly-listed stocks after a recent rally, erasing most of the gains made earlier this week. The blue-chip CSI300 index dropped 0.6 percent to 3,421.44 points, while the Shanghai Composite Index lost 0.9 percent to 3,202.08 points.
European Stocks Called Lower After Cautious Asia Session
European stocks are expected to open mixed after a softer session in Asia that saw investors trim risk following a dollar retreat and scattered press conference from President Donald Trump. European stocks are expected to open mixed Friday after a softer session in Asia that saw investors trim risk positions following a dollar retreat and scattered press conference from President Donald Trump.
Here’s Why Alibaba, JPMorgan and Qualcomm Should Still Be on Your Buy List
This market could have a lot further to run in 2017 — here are five big stocks that look ready to lead the S&P higher. There’s been a lot of discussion about how long the S&P can keep on busting through to new higher ground – the short answer is “a lot longer than most people think.”