Constellation Energy shares could remain in focus on Monday after surging more than 25% Friday as the energy giant announced that it will acquire rival Calpine in a deal valued at $26.6 billion. Monitor these key chart levels.
(Bloomberg) -- Goldman Sachs Group Inc. strategists are sticking to their bullish stance on Chinese stocks despite an ongoing rout, predicting that benchmarks will rise about 20% by year-end.Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNew York, San Francisco Ranked Worst for US Traffic in City CentersStrategists led by Kinger Lau remain overweight on both onshore and offshore Chinese shar
(Bloomberg) -- The Federal Reserve’s independence won’t be in jeopardy once President-elect Donald Trump takes office, neither are inflation and the labor market, according to former Federal Reserve Vice Chair Randal Quarles.Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNew York, San Francisco Ranked Worst for US Traffic in City Centers“There’s a fair bit of misunderstanding about what Fed
(Bloomberg) -- The weather-influencing La Niña phenomena is making a comeback. Global food prices are rising again as agricultural goods get more costly. And tariff fears are pushing traders to shift metals into North American warehouses.Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC Condo Owners May Bear Costs of Landmark Green Building LawNew York, San Francisco Ranked Worst for US Tra
If the reaction in U.S. stocks, bonds and the dollar to Friday's sizzling U.S. employment report is any guide, Asian markets are in for a bumpy ride on Monday, rocked by another whoosh higher in bond yields and inflation fears. The U.S. economy created over a quarter of a million net new jobs and the unemployment rate fell last month, reflecting a robust labor market. The S&P 500 fell to its lowest since November 5, the day of the U.S. presidential election, and it looks like soaring bond yields could crush investors' appetite for risky assets like stocks.
Stock-market investors are turning jittery over something which has apparently happened only two times in the bond market since the early 1980s: The 10-year Treasury yield has jumped by about as much as the Federal Reserve has cut interest rates over the same period of time.
Magnificent 7 stocks may be poised for gains as President-elect Donald Trump returns to the White House.
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Turmoil in the bond market has prompted a surge of interest from everyday savers seeking to take advantage of higher returns.
Fundstrat's Tom Lee is calling for major upside in Bitcoin in 2025.
