Global stocks paused on Tuesday as investors took a wait-and-see approach to trade developments and the Federal Reserve's next policy moves. The Stoxx Europe 600 ticked up 0.2%, with rises in its health care constituents mostly offset by losses in its basic resources sector. Shares in the world's largest miner, BHP Group PLC, dropped 1.2% despite posting a record payout off the back of strong profits, after Chief Executive Andrew Mackenzie said the trade dispute between the...
* Chinese yuan matched earlier a six-day low vs dollar. * Pound weaker against the euro, stable vs dollar. * Graphic: World FX rates in 2019 http://tmsnrt.rs/2egbfVh. By Olga Cotaga.
Japan's Nikkei rose for a third straight day on Tuesday as investors tiptoed back into equities amid signs of a slight easing of trade tensions between the United States and China. Hopes for fresh stimulus moves by major economies also boosted riskier assets.
Saudi Aramco's biggest asset could also be a liability. The state energy giant's vast oil reserves it can sustain current production levels for the next 50 years make it more exposed than any other company to a rising tide of environmental activism and shift away from fossil fuels.
Saudi Aramco's biggest asset could also be a liability. The state energy giant's vast oil reserves it can sustain current production levels for the next 50 years make it more exposed than any other company to a rising tide of environmental activism and shift away from fossil fuels.
Japanese shares edged up on Tuesday as investors tiptoed back into equities, amid signs of a slight easing of trade tensions between the United States and China and continued hopes for fresh stimulus moves by major economies. On Monday, Washington extended a reprieve that permits China's Huawei Technologies to buy components from U.S. companies by 90 days, to supply existing customers.
* Asian stock markets: https://tmsnrt.rs/2zpUAr4. * Risk aversion eases on stimulus hopes. * Stocks get a boost, bond yields rebound. * Traders look to policymakers for more stimulus clues. By Stanley White.
Stocks ended sharply higher Monday, further paring their August pullback as investors cheered talk of additional stimulus from global policy makers and a respite from negative trade-war headlines. The Dow Jones Industrial Average rose around 250 points, or 1%, to end near 26,136, according to preliminary figures, while the S&P 500 advanced around 35 points, or 1.2%, to close near 2,924. The Nasdaq Composite advanced around 107 points to end the day near 8,003, a gain of 1.4%.
By Chris Matthews and Barbara Kollmeyer, MarketWatch. Apple leads Dow gainers after Trump says Tim Cook made good point about tariff harm. U.S. stocks rallied Monday, lifted by encouraging comments from President Donald Trump and other officials on trade talks, along with a move by China over the weekend to lower borrowing costs for companies.
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