* Turkish lira last at 9.72 versus dollar. * Other EMFX rise against weaker dollar. * EM stocks flat. By Susan Mathew. Turkey's lira sank to new lows on Monday as tensions between Ankara and the West combined with unconventional monetary policy and rising inflation, while most other emerging market currencies firmed against weaker dollar.
Germany Ifo Index; Bundesbank Monthly Report; updates from Galp Energia, Hermes, HSBC, SSAB. Europe is set for a positive open despite a mixed Asian session so far, as China restricts some travel following a Covid spike. The dollar and Treasury yields were lower, while U.S. oil and gold made further gains.
Investors are homing in on a flood of earnings reports from Wall Street's tech and Internet giants, as the high-growth stocks that have led markets higher for years face pressures from regulation, supply-chain snags and rising Treasury yields. Apple Inc, Microsoft Corp, Google parent Alphabet Inc, Amazon.com Inc and Facebook Inc are all set to report earnings next week.
* TSX ends up 3.76 points, or 0.02%, at 21,216.15. * Index advances for 13th straight day; hits record high. * Energy sector climbs 1.3%; financials up 0.5% * Technology falls 1.8% By Fergal Smith. Canada's main stock index edged slightly higher on Friday as gains for the energy and financial sectors offset a drop in technology stocks, with the index notching its third straight week of gains.
* S&P 500, Nasdaq end session lower. * Evergrande averts default with surprise interest payment. * U.S. 10-year yields lower. By Caroline Valetkevitch. The Dow Jones industrial average registered a record closing high on Friday and major equity indexes posted a third straight week of gains while the U.S. dollar slipped.
By Shreyashi Sanyal, Devik Jain and Sinéad Carew. The S&P 500 and Nasdaq closed lower on Friday as disappointing quarterly reports from Snap Inc (SNAP) and Intel Corp (INTC) put pressure on the communications and technology sectors and investors turned skittish as Federal Reserve Chair Jerome Powell discussed stimulus tapering.
By Shreyashi Sanyal, Devik Jain and Sinéad Carew. The S&P 500 and Nasdaq closed lower on Friday as disappointing quarterly reports from Snap Inc (SNAP) and Intel Corp (INTC) dragged down the communications and technology sectors and investors turned skittish as Federal Reserve Chair Jerome Powell discussed stimulus tapering.
Options traders are showing little fear that U.S stocks will turn volatile in coming weeks, even as the Federal Reserve appears set to announce an unwind of the easy money policies that helped equities double from last year's lows. The Cboe Volatility Index, known as Wall Street's fear gauge, recently stood at 15.52 after closing at a post-pandemic low of 15.01 on Thursday.
Options traders are showing little fear that U.S stocks will turn volatile in coming weeks, even as the Federal Reserve appears set to announce an unwind of the easy money policies that helped equities double from last year's lows. The Cboe Volatility Index, known as Wall Street's fear gauge, recently stood at 15.52 after closing at a post-pandemic low of 15.01 on Thursday.
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