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Global markets rise ahead of US inflation data
One year ago - By Chron
TOKYO - Global stocks turned higher Wednesday as investors awaited the release of U.S. inflation data. Trading was winding down in China ahead of the Lunar New Year holidays.
KEEPING SCORE: France's CAC 40 added 0.8 percent to 5,148, while Germany's DAX rose 0.7 percent to 12,281. Britain's FTSE 100 was up 0.7 percent at 7,218. U.S. shares were set for gains, with Dow futures up 0.5 percent and the S&P 500 futures 0.4 percent higher.
U.S. INFLATION: Investors are awaiting the U.S. Labor Department's monthly report on consumer prices, due later in the day.
Read more ...Markets Q&A: Is the worst of stock market turmoil over?
One year ago - By Chron
NEW YORK - Is it safe to come out now?
The stock market has found firmer footing following its breathtaking drop earlier this month, when the S&P 500 lost 10.2 percent in just nine days. Stocks climbed Tuesday for the third straight day, and the S&P 500 is now down 7.3 percent from its record high, set on Jan. 26.
But investors have seen this playbook before. Even in past recoveries, it has sometimes taken months or more for momentum to fully turn around.
Here's a look at what history shows about past corrections, and what market watchers are expecting going forward.
Q: How bad was this...
Read more ...It's not just bitcoin - 'this is the everything bubble,' warns crypto bear Peter Boockvar
One year ago - By CNBC
Bitcoin's price slump could be signaling another stock market shock is coming, according Bleakley's Peter Boockvar.
Read more ...Morgan Stanley's US equity chief explains why the recent meltdown signaled the 'final stage' of the bull market
One year ago - By Business Insider
Morgan Stanley chief US equity strategist Mike Wilson says that stocks have entered the final stage of their almost nine-year bull market run.
In a wide-ranging discussion, Wilson outlined his views on the current market cycle, broke down his 2018 forecast, opined on the much-maligned short-volatility trade, and predicted how stock-pickers will fare in the coming months.
The stock market 's recent selloff was enough to throw any expert off-balance. While many pundits had been calling for some sort of reckoning for months, the sheer speed and severity of the downward move was more...
Read more ...U.S. inflation test looms large, dollar falls
One year ago - By Reuters
LONDON - The dollar slid to a 15-month low against the yen on Wednesday, while world stock markets found firmer ground ahead of U.S. inflation numbers that could soothe, or inflame, fears of faster interest-rate hikes globally.
Read more ...
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