Morgan Stanley analysts warn that slowing economic growth poses a risk for US stocks, particularly for cyclical and value-oriented sectors. The bank’s note highlights the importance of focusing on large-cap…
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By Pratima Desai and Julian Luk LONDON (Reuters) – China’s copper scrap imports have soared due to shortages of concentrate that is processed into refined metal used in the power…
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Citi analysts downgraded European equities to neutral and upgraded their stance on the US in their latest global equity strategy note. Citing increased political risks and narrowing market leadership in…
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Investing.com — Microsoft, Apple (NASDAQ:AAPL) and Nvidia (NASDAQ:NVDA) will be in a race over the next year to hit a market capitalization of $4 trillion thanks to surging enthusiasm over the…
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By Shariq Khan, Mohi Narayan and Ahmad Ghaddar NEW YORK/NEW DELHI/LONDON (Reuters) – Oil refiners are making less money selling their gasoline as demand during the peak summer driving season…
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Investing.com – Goldman Sachs has lifted its year-end target price on the benchmark S&P 500 index, citing strong earnings growth, particularly from the mega-cap tech stocks, and increased fair value.…
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Futures muted, U.S. retail and Fedspeak ahead this week – what’s moving markets
Investing.com — U.S. stock futures were muted heading into the start of a new trading week, with traders awaiting new economic data and fresh interest rate commentary from a raft of…
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By Brigid Riley and Amanda Cooper TOKYO/LONDON (Reuters) -The dollar held steady on Monday, while the euro traded around more than one-month lows, as political turmoil in Europe ramped up…
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By Colleen Howe and Mohi Narayan NEW DELHI -Oil prices slipped in Asian trading on Monday after a survey on Friday showed weaker U.S. consumer demand and as May crude…
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By Brigid Riley TOKYO (Reuters) -The dollar was firm on Monday as the euro hovered near a more than one-month low amid political turmoil in Europe, while investors awaited fresh…