Author: super@dmin
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Currencies: Dollar inches higher, aims for best month since May
Major currency pairs saw trading stabilize early Wednesday, as investors waded through economic data from the eurozone, China, and the U.S. The data calendar has included eurozone consumer price inflation, which met expectations with a 2.2% increase on the year, and China’s October manufacturing purchasing managers index, which slowed to 50.2, versus 50.6 expected. A…
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Europe Markets: Europe stocks rally, but headed for worst month since 2016
European stocks got swept up in a global equity rally on Wednesday, with drug stocks and major oil companies leading the charge. However, the main index was still headed for its worst monthly performance in more than two years. How did markets perform? The Stoxx Europe 600 SXXP, +1.95% jumped 1.6% to 361.67, headed for…
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Asia Markets: Asian markets rise, brushing off disappointing economic data from China
Asian stock markets gained in early trading Wednesday as trade tensions eased and despite weaker-than-expected manufacturing data from China. Japan’s Nikkei NIK, +1.55% was up 1.5% following some robust earnings reports after Tuesday’s closing bell. Overnight gains in U.S. equities also helped the risk-on mood. Investors in Japanese equities are embracing risk amid the…
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Halloween isn’t just scary, it’s also dangerous
Halloween is associated with elaborate costumes, haunted houses and, of course, candy, but it’s also linked to a number of risks, including pedestrian fatalities and theft or vandalism. Oct. 31 may be one of the most dangerous days of the year for your children, home, car and health. The average Halloween night results in more…
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Trump Today: Trump Today: President says he’s preparing order to end birthright citizenship
Getty Images President Donald Trump vowed to end the right to citizenship for children born on American soil to non-U.S. citizens, as he said the stock market was taking a “little pause,” and traveled to Pittsburgh in the wake of the deadly shooting at a synagogue. EXECUTIVE ORDER VOW Trump told Axios he plans to…
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Futures Movers: Oil ends at a more-than-2-month low with U.S. inventories expected to rise further
Oil futures declined Tuesday, with expectations for another build in U.S. crude supplies feeding worries over rising global production, Combined with the potential for a slowdown in energy demand, those concerns pushing crude to its lowest finish in more than two months. The energy market found little traction from the stock market’s recovery a day…
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A simple way to beat a bear market
Panicking about the stock market’s sudden turmoil? Here’s one solution that isn’t quite as crazy as it may sound. Sell everything before the next big downturn. Then reinvest slowly — every three months. A MarketWatch analysis of the last two bear markets on Wall Street shows that this strategy would have slashed your risks by…
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Key Words: Founder of world’s biggest hedge fund praises ‘greatest man’ he knows
‘Paul Volcker is the greatest man I know because of his character, wisdom and knowledge.’ Those weighty words of praise were tweeted out Tuesday by Ray Dalio, founder of hedge-fund behemoth Bridgewater Associates. Dalio’s social-media nod to the former Fed chair coincides with the release of Volcker’s memoir, “Keeping at It: The Quest for Sound…
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CryptoWatch: Nearly 10% of all bitcoins haven’t moved in 12 months
Getty Images Bitcoin investors have been hodling As the stock market gyrates wildly, bitcoin remains surprisingly sedate—and one reason may be that some of its biggest holders are proving to be buy-and-hold investors. Nearly 10% of bitcoin wallets, including one that ranks seventh among all of the largest wallets, hasn’t had any activity in a…
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Metals Stocks: Gold finishes with a loss as U.S. equities market climbs, dollar strengthens
Gold ends slightly lower on Tuesday, kept under pressure by a stronger dollar as well as gains in the benchmark U.S. stock indexes. Investors continued to gauge trade tensions and eyed a rise in equities, a day after a volatile session left U.S. stocks sharply lower. December gold GCZ8, -0.18% lost $2.30, or 0.2%, to…