Chinese stocks trading in New York rose, posting their second weekly gain, on speculation the government will take additional steps to stimulate the economy. Weibo Corp. climbed 19 percent in its trading debut.
Investors are piling into emerging- market exchange-traded funds at the fastest pace in seven months as they dump technology companies in favor of cheaper stocks.
Pity the poor folks who have to write letters to investors on behalf of equity-focused hedge funds this month.
Chinese stocks trading in Hong Kong rose to the highest level in a month after earnings from Agricultural Bank of China Ltd. to China Mengniu Dairy Co. topped estimates.
Investors are having a change of heart about U.S. consumer stocks, a sign their optimism about Americans’ discretionary spending remains intact even after a January selloff.
Short wagers on Russian stocks are soaring in the exchange-traded funds market after President Vladimir Putin’s incursion into Ukraine sparked the worst weekly selloff since May 2012.
The Chicago Board Options Exchange Volatility Index is posting bigger swings relative to the stocks it’s derived from, amplifying the sense of panic when equities lurch like they did three weeks ago.
Exchange-traded funds focused on China are posting the world’s biggest outflows amid concern economic growth is slowing.
A sharp decline in retail stocks since Black Friday provides an opportunity for investors still bullish on U.S. consumer spending.
Gold posted the biggest weekly gain since August as signs of a faltering recovery in the U.S. economy boosted demand for precious metals as a haven. Silver had the longest rally since March 2008.
"You had a very crowded trade in tech and a very uncrowded trade in emerging markets."
- Dave Lutz on Apr 08, 2014