(Reuters) – Wall Street rose for the first time in three sessions on Wednesday with technology stocks providing a boost, as a report that China was open to a partial trade deal soothed investor nerves ahead of high-level talks on Thursday. FILE PHOTO: Traders work on the floor at the Continue Reading
stocks
Fund investors retreat from U.S. stocks as S&P 500 hits records
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., June 19, 2019. REUTERS/Brendan McDermid/File Photo NEW YORK (Reuters) – Investors pulled slightly more than $5 billion out of mutual funds and exchange-traded funds that hold U.S. stocks last week, ending what Continue Reading
Stocks gain on U.S.-China trade truce hopes, dollar flat
NEW YORK (Reuters) – Global equity markets gained and the dollar held steady on Thursday ahead of the G20 summit where a much-anticipated meeting of U.S. President Donald Trump and Chinese President Xi Jinping may lead to a truce in the U.S.-China trade war. The German share price index DAX Continue Reading
UBS Wealth closes U.S. equity overweight, favors emerging stocks
FILE PHOTO: Mark Haefele, Global Chief Investment Officer of UBS Wealth Management attends the Reuters Investment Summit, London, Britain, November 16, 2017. REUTERS/Paul Hackett (Reuters) – UBS Global Wealth Management has closed its overweight position in U.S. equities and shifted to an overweight in emerging market and Japanese stocks, it Continue Reading
Skittish investors pull more than $20 billion from stocks, rush into bonds: BAML
LONDON (Reuters) – Global equity funds saw massive outflows this week, a sharp reversal from last week’s inflows as pessimism over economic growth gripped investors once again, driving them instead to search for yield in credit and buy safer assets like bonds. FILE PHOTO: Traders work on the floor at Continue Reading