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Asian Stocks Dip on Growth Concerns, China Curbs: Markets Wrap

(Bloomberg) U.S. stock-index futures fell and the dollar extended a rally as faltering growth and China’s regulatory curbs compounded risks before the Federal Reserve’s Jackson Hole symposium next week. Equity markets around the world were broadly in the red for another day. Hong Kong’s benchmark stock index entered a bear market and Europe’s Stoxx 600 Index was on track for the biggest weekly loss since February. Investors sought the safety of haven assets, with the dollar rising for a fifth day, its longest winning streak in two months. Treasury yields fell and gold climbed. “The delta variant of Covid is significantly more serious than anyone is really even pricing into the market,” Hilary Kramer, chief investment officer at Kramer Capital Research, said on Bloomberg Television. “We know that tapering is coming. We know that the market is getting tired.” With virus cases surging around the world, there’s speculation that economic growth could lose moment just as

Citing 100% increase in net new assets, Charles Schwab Corp will give staff 5% special pay raise that leaves one HR analyst doing a double-take

Charles Schwab Increasing Employee Pay by 5%

Charles Schwab Increasing Employee Pay by 5%
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

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