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Investment NewsTreasurys inch up amid strong demand for 3-year notesTreasurys inched slightly higher Tuesday, in the midst of the government's $40 billion auction of 3-year notes -- the first of several multibillion-dollar note and bond offerings in the coming days.
Categories: Investment News
Disappointing data weigh on sterlingSterling lost ground on Tuesday as disappointing economic data and renewed concern over the UK’s banking sector and fiscal health weighed on the pound
Categories: Investment News
Sugar suffers as India raises output estimateSugar prices endure another pounding after estimates for India’s production this season were revised higher
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Dollar mixed in quiet tradingThe dollar recovered losses versus the euro and rose against the pound, but fell versus the yen in quiet trading Tuesday.
Categories: Investment News
Stocks muster gains; Nasdaq at 18-month highStocks managed gains late Tuesday at the end of a choppy session as investors mulled the latest corporate deal and profit news on the anniversary of the bear market bottom.
Categories: Investment News
Equities rally on hold as caution sets inGlobal Markets Overview: It is a year ago that stocks began to bounce from their cyclical nadir – a closing low of 673 for the S&P 500 – and it looks like the anniversary has left Mr Rally searching for direction.
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Techs reflect on decade since dotcom boomIn January 2000, 17 dotcom companies paid more than $2m each to advertise during the Super Bowl, the season-ending national championship game for American footbal
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Spotlight on use of government bond yieldsQuestions being asked about the use of developed countries’ government bond yields as the risk-free rate investors benchmark other assets against
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Oil falls as the dollar firmsOil prices fell Tuesday as a stronger dollar overshadowed a modest advance on Wall Street.
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Steel groups lifted by improving outlookRautaruukki Oyj climbed after Finland’s biggest producer of steel benefited from a broker upgrade on the back of improving sentiment towards the industry
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Imperial Tobacco hit by earnings worryLondon equity markets erased early gains on Tuesday as weaker-than-expected results held the mining sector at bay, while banks also fell back as market sentiment soured
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Mortgage bond spreads at record lowThe risk premium on Fannie Mae and Freddie Mac mortgage bonds has dropped to a record low even though the Fed is poised to end its market support for these bonds
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The Dow's best performer is ...The hottest blue chip stock this year isn't what you think. It's not a big bank on the mend, a gadget maker with a hot new product, or a retailer with soaring sales.
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Wall St up on one-year anniversary of bottomUS equities rallied modestly a year to the day since markets closed at their lows during the financial crisis, as investors took stock of the recovery
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Shanghai property groups bounce backStocks in the region inch to fresh seven-week highs, with Shanghai developers leading the way on optimism that Beijing will not take further action to cool the property market
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Citigroup shares: No longer toxic?Yes, Citigroup lost billions in the financial crisis. And yes, it's still swimming in toxic assets. But Bruce Berkowitz argues the worst is over.
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Stocks set for opening dropU.S. stocks were poised for a lower start Tuesday as investors expressed uncertainty about the outlook for markets on the anniversary of the bear-market low.
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Palm oil futures to be launched in ChicagoCME Group, the US derivatives marketplace, is to launch a US dollar-denominated, cash-settled crude palm oil futures contract on May 23
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Nasdaq at 18-month highsStocks ended little changed Monday, although the Nasdaq managed to close at an 18-month high, as investors weighed corporate deals, a stronger dollar and weaker commodity prices ahead of key economic news due later this week.
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Rising confidence dents dollarSupport for risk appetite weighed on haven demand for the US currency
Categories: Investment News
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