Asian markets jump following Wall Street’s big gains
Gains of around 1% seen around region; SoftBank up 3% as Saudi fears ease
Gains of around 1% seen around region; SoftBank up 3% as Saudi fears ease
Indexes in Japan, Hong Kong, Taiwan, Australia drop 1% or more
BAML analyst: Stocks will get seasonal bump in November-April
Junk bond ETFs suffered outflows of around 10% of their overall market in the five trading sessions up to Thursday
Weaker stock indexes, wavering dollar, volatile rates all factor in metal’s recovery
Gold prices rose on Monday as Asian shares resumed their fall and investors grappled with the impact of the ongoing Sino-U.S. trade war and higher U.S. interest rates.
Oil prices rose on Monday as tension over the disappearance of a prominent Saudi journalist stoked supply worries, although concerns over the long-term demand outlook dragged on sentiment.
JP Morgan & Chase Co (JPM.N) Chief Executive Jamie Dimon and Ford Motor Co (F.N) Chairman Bill Ford canceled plans to attend a Saudi investor conference, the companies said on Sunday, the latest such high-profile announcements after the disappearance of Saudi journalist Jamal Khashoggi.
A sharp pullback in stocks last week, including the S&P 500’s .SPX biggest single-day drop since a market correction in February, has left investors questioning whether this could signal danger for the longest-ever bull run for U.S. equities.
The giant asset manager says it’s fixed the connectivity issues — and they were unrelated to heavy trading