Dow futures are little changed ahead of a big week of earnings

U.S. stock index futures were about unchanged during overnight trading on Sunday, after the major averages posted their best week in months amid a stronger-than-expected start to earnings season. Futures contracts tied to the Dow Jones Industrial Average shed just 23 points. S&P 500 futures lost 0.1%, while Nasdaq 100 futures lost 0.2%. The major … Read more

Bank earnings give big bullish signal to investors, showing consumer is flush and spending

Whether it is better loan growth, credit-card signups, or economic indicators like unemployment, banks are back in expansion mode. Source link

China risks making ‘big mistakes’ with widespread crackdown, says ex-IMF chief economist

China risks making “big mistakes” as it cracks down on large swathes of its economy from technology, to private tutoring and real estate, said a former chief economist of the International Monetary Fund. “I worry a lot about China because to some extent they’re attacking the basis of their growth so far,” Raghuram Rajan told … Read more

Here’s how much 10 big banks have cut their China growth forecasts

Workers labor in a factory of bathing suits in Jinjiang in southeast China’s Fujian province Tuesday, Sept. 28, 2021. Feature China | Barcroft Media | Getty Images BEIJING — Ahead of China’s quarterly growth numbers due out on Monday, most major investment banks have trimmed their economic predictions for the year and warned that abrupt … Read more

Stock futures are flat after S&P has best day since March on strong earnings

U.S. stock index futures were little changed during overnight trading on Thursday, after the S&P 500 posted its best day since March on stronger-than-expected earnings. Futures contracts tied to the Dow Jones Industrial Average gained 36 points. S&P 500 futures advanced 0.11%, while Nasdaq 100 futures were up 0.12%. During regular trading the S&P 500 … Read more

What is Putin’s greatest worry right now? His own citizens

Russian President Vladimir Putin talks during his meeting with workers after riding a train across the bridge linking Russia and Crimean Peninsula at Taman railways station on December 24, 2019 near Anapa, Russia. Mikhail Svetlov | Getty Images News | Getty Images Improving Russian citizens’ living standards is President Vladimir Putin’s biggest concern right now, … Read more

Singapore’s economy grows 6.5% on year in the third quarter, missing estimates

A cyclist rides on Esplanade bridge as buildings stand in the Central Business District in Singapore on Monday, July 6, 2020. Wei Leng Tay | Bloomberg | Getty Images SINGAPORE — Singapore’s economy grew 6.5% in the third quarter of 2021 compared to a year ago, official advance estimates showed on Thursday. Analysts polled by … Read more

IMF cuts its global growth forecast, citing supply disruptions and the pandemic

A man passes by a poster of the annual World Bank Group and International Monetary Fund meetings October 11, 2021 in Washington, DC. Alex Wong | Getty Images News | Getty Images The International Monetary Fund is now less optimistic about the global economy for 2021, but still sees reasonable growth over the medium term.  … Read more

Can this bounce in the stock market be trusted?

A specialist trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, October 6, 2021. Brendan McDermid | Reuters Over the past five weeks, external threats and internal complications have triggered a fight-or-flight response among investors, sending the equivalent of stress hormones coursing through the market. … Read more

UBS answers investors’ toughest questions on inflation, China and more

A sign of Swiss banking giant UBS is seen at a branch in Zurich on October 26, 2018. Fabrice Coffrini | AFP | Getty Images Analysts at UBS have tackled investors’ “most difficult questions,” seeking to explain a range of subjects including Chinese regulation, inflation and which sectors are likely to continue reporting higher earnings. … Read more