(Bloomberg) Global equities powered higher, with US futures pointing to another record for Wall Street, as investors continued to bet on falling interest rates and a strong earnings season. Europe’s Stoxx 600 index climbed 0.5%, with banking, real estate and tech stocks among those leading the advance. Futures contracts on the Nasdaq 100 index rose 0.6%, while those on the S&P 500 climbed 0.3%, after it became the last of the three major US equity benchmarks to reach a record closing high. Equity markets have shrugged off January’s rise in bond yields on optimism over the US economy’s resilience, conviction that central banks will start cutting interest rates later this year and signs the artificial-intelligence boom is set to continue. Meanwhile, results from a majority of S&P 500 companies have surprised positively during the latest earnings season. “We are heading into an environment where the economic slowdown seems to be more of a soft landing, at the same time we are ta
DNB Bank ASA (OTCMKTS:DNBBY – Get Free Report) and Oversea-Chinese Banking (OTCMKTS:OVCHY – Get Free Report) are both finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, valuation, risk, profitability, dividends, earnings and analyst recommendations. Institutional & Insider Ownership 0.0% of Oversea-Chinese […]
DNB Bank ASA (OTCMKTS:DNBBY – Get Free Report) and Oversea-Chinese Banking (OTCMKTS:OVCHY – Get Free Report) are both finance companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, institutional ownership, profitability, analyst recommendations, risk, dividends and valuation. Earnings & Valuation This table compares DNB […]
Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHY – Get Free Report)’s share price rose 0.4% during mid-day trading on Friday . The stock traded as high as $19.84 and last traded at $19.14. Approximately 5,617 shares traded hands during mid-day trading, a decline of 59% from the average daily volume of 13,654 shares. The stock had previously […]
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