PANIC selling on fears of an early exit of the US Federal Reserve’s stimulus efforts may be over, but the stock market may still face wild intraday swings as investors scramble to position themselves for Friday’s payrolls report.
US STOCKS climbed for a third straight day yesterday after comments from several Federal Reserve officials soothed concerns that the central bank would begin to reduce its stimulus efforts in the near future.
BRITAIN’S top share index finished higher for a second straight session yesterday, with soothing comments from central banks reassuring investors that the accommodative monetary policies would stay longer.
US stocks climbed for a second straight day yesterday as a downward revision in the growth rate of gross domestic product soothed investors’ concerns that the Federal Reserve would begin to withdraw its stimulus in the near future.
THE UK’S benchmark share index rebounded yesterday from five and a half month lows, with cruise ship group Carnival leading the gainers, after steps by China to reassure markets over its money supply lifted sentiment.
U S STOCKS rose by the most in nearly two weeks yesterday, after data showed business investment and the housing recovery continued apace, reassuring investors worried about the Fed’s plans to reduce its massive monetary stimulus.
EVERYONE wants to own a property in London. Over the last 12 months, prices have increased by 8 per cent, and since 2009, prices have increased by 57 per cent. Has everyone forgotten the property bubble of the late 1980s?
B RITAIN’S top shares slid to five-month lows yesterday, led by miners after the US Federal Reserve said it planned to slow its stimulus programme later this year and Chinese data suggested growth there was waning.
US stocks fell more than two per cent yesterday, extending the previous day’s sharp decline as investors fretted over the Federal Reserve’s plan to begin reducing its stimulus later this year if the economy strengthens.
US stocks fell more than 1 per cent yesterday after Federal Reserve chairman Ben Bernanke said the central bank would start to reduce its stimulus measures later this year if the economy is strong enough.
US STOCKS advanced for a second straight day yesterday as investors bet the Federal Reserve would temper statements which were interpreted to mean a sooner-than-expected winding down of stimulus efforts.
THE past few days have seen global stock indices looking like they’ve found a fair value, as they consolidate following some volatile trading sessions. But there are other big questions on investors’ minds.
BRITAIN’S top share index gained yesterday, with some investors seeing value in the market after a four-week sell-off, and with stronger US housing data boosting sentiment on construction and engineering stocks.
US stocks rose yesterday but ended well off their highs as investors speculated over the Federal Reserve’s intentions about its massive stimulus programme to aid the economy before a meeting of policymakers that begins today.
US stocks rallied yesterday after three days of losses as stronger-than-expected economic data helped reassure investors concerned about the expected winding down of the Federal Reserve’s economic stimulus.
MARK Carney finally enters his new office at the Bank of England next month, when he takes the reins from Sir Mervyn King after his decade at the helm. King’s last meeting a week ago was rather a non-event, as policy remained unchanged.
BRITAIN’S benchmark share index edged lower yesterday, with weakness in miners on the back of soft Chinese data only partly offset by demand for healthcare and travel shares cheapened by a recent sell-off.
MANUFACTURING and construction data due out this week may provide welcome news for the British economy.
Office for National Statistics output data for April, due tomorrow, are expected to show the decline in activity is slowing down.