(Bloomberg) — European stocks and US futures gained as investors’ focus shifted from Middle East tensions to a raft of company earnings scheduled for this week, including reports by more than half of the “Magnificent Seven” cohort of tech megacaps. The Stoxx Europe 600 index gained about 0.2%, recouping some of last week’s slide as…
(Bloomberg) — US equity futures gained as investors’ focus shifted from Middle East tensions to a raft of company earnings scheduled for this week, including four of the “Magnificent Seven” cohort of tech megacaps that have dominated the past year’s bull market. S&P 500 futures advanced by about 0.6% after the US gauge recorded its…
(Bloomberg) — European stocks rallied the most in more than two months as simmering Middle East tensions pushed commodities higher and the prospect of euro-area interest-rate cuts boosted sectors sensitive to borrowing costs. The common currency tumbled. The Stoxx 600 index advanced 1.2%, with mining, energy and utility stocks leading the gains. Brent climbed above…
(Bloomberg) — The world’s biggest bond market kicked off the week on the back foot as geopolitical pressures abated and traders positioned for this week’s key inflation data. Treasuries fell across the curve, with 10-year yields hitting the highest levels since November and coming within a striking distance of the 4.5% level that some investors…
(Bloomberg) — Global bonds dropped and stocks posted mostly small moves as traders pared their expectations for interest-rate cuts in the face of resilient readings on the US economy. Treasury yields rose to their highest levels of the year across the curve, with the 10-year climbing to 4.45%. Interest-rate swaps imply around 60 basis points…