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Asia Stocks Fall Amid Caution Over Rates, Banking: Markets Wrap

(Bloomberg) European equity futures and Asian shares slipped as concerns persisted over the path of global monetary policy and the health of US banks. New Zealand’s dollar rallied and the nation’s stocks retreated after the central bank raised interest rates by more than expected. Stocks in Europe may struggle for traction at open as Euro Stoxx 50 contracts dropped about 0.2%. Investors in the region were are awaiting the release of March purchasing manager index data for trading cues. MSCI Inc.’s Asia benchmark was set to end a six-day winning streak, with almost all sectors in the red Wednesday. Futures for US equities were little changed after posting small gains earlier. The S&P 500 had dropped on Tuesday, dragged down by shares of financial heavyweights. Chinese markets are closed for a holiday. A measure of greenback strength was steady and most major currencies traded in narrow ranges. The New Zealand dollar jumped to the highest level since mid-February following the un ....

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CI Financial Leases Office Space for Manhattan Acquisitions

The 50,000 square-foot office space in midtown Manhattan will house six RIA acquisitions that are now part of CI's private wealth business. ....

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Signature Estate & Investment Advisors LLC Lowers Position in The Home Depot, Inc. (NYSE:HD)

Signature Estate & Investment Advisors LLC reduced its stake in The Home Depot, Inc. (NYSE:HD – Get Rating) by 4.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,245 shares of the home improvement retailer’s stock after selling 57 shares during the quarter. Signature […] ....

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