Asia-Pacific markets open higher after U.S. jobs report missed expectations

A pedestrian looks at an electronic quotation board showing numbers of the Nikkei 225 index in Tokyo on September 11, 2020. Kazuhiro Nogi | AFP | Getty Images SINGAPORE — Stock markets in Asia-Pacific opened higher on Monday following “a big miss” in the U.S. jobs report released Friday. Japan’s Nikkei 225 rose around 0.85%, … Read more

Inflation is the big challenge for markets and the Fed in the week ahead

Traders on the floor of the New York Stock Exchange. Source: NYSE After April’s disappointing jobs report, market focus will shift squarely to inflation in the week ahead. The tug-of-war over tech stocks will also continue to be a dominant force in the stock market, after Friday’s bounce more than halved the week’s losses in … Read more

Fundstrat’s Tom Lee says the ‘entire energy complex is a buy’ as economy roars back

Oil storage containers are seen, amid the coronavirus disease (COVID-19) pandemic, in Los Angeles, California, U.S., April 7, 2021. Lucy Nicholson | Reuters Fundstrat Global Advisors co-founder Tom Lee told CNBC on Tuesday that he remains bullish on the energy sector as the U.S. economy recovers from the coronavirus pandemic. “I think the entire energy … Read more

Runaway inflation is the biggest risk facing investors, Leuthold’s Jim Paulsen warns

Jim Paulsen is on watch for runaway inflation. In a note to clients this week, the Leuthold Group chief investment strategist warned it’s the biggest risk facing the bull market, and the stakes couldn’t be higher for investors. “I would put decent odds that it could get out of control and require the Fed and … Read more

BP beats first-quarter estimates on stronger commodity prices; plans to resume share buybacks

BP logos are seen at a BP petrol and diesel filling station southeast of London on June 15, 2020. BEN STANSALL | AFP | Getty Images LONDON — British energy major BP on Tuesday reported better-than-expected earnings for the first quarter, following a period of stronger commodity prices and a brighter demand outlook. It comes as … Read more