(Bloomberg) — Stocks rebounded after a $2 trillion selloff, with Corporate America kicking off the busiest week for first-quarter earnings that will be key in shaping the outlook for equities. About 180 S&P 500 companies more than 40% of the index’s market capitalization are due to report their results this week. But the…
(Bloomberg) The US stock market’s retreat from all-time highs set late last month is giving investors parked in cash an opening to buy in, according to Sinead Colton Grant, chief investment officer of BNY Mellon’s wealth management arm.Most Read from BloombergElon Wants His Money BackDubai Grinds to Standstill as Flooding Hits CityIsrael Reported to Have Launched Retaliatory Strike on IranNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemRecord Rainfall in Dubai? Blame
European stocks declined for a third straight week due to geopolitical tensions and worries about higher-for-longer interest rates. L’Oreal SA rallied after better-than-expected quarterly sales.
(Bloomberg) — US equity futures clawed back most of their early losses, while the bid for haven assets unraveled after Iranian media appeared to downplay the impact of Israeli strikes. Oil switched to a decline, wiping out an earlier sharp jump that took the price of Brent crude above $90 a barrel. Treasury yields retraced…