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US stocks

Tech and financials boost $46.2bn flows into global equity funds: BofA
Business & Finance

Tech and financials boost $46.2bn flows into global equity funds: BofA

  • The data, collected by EPFR before a rise in US real-yields triggered a global stock market correction on Thursday, also showed bond funds attracted $7.1 billion in a 16th straight week of inflows and Treasury Inflation-Protected Securities (TIPS) added $1.3 billion.
  • Meanwhile investors pulled $5.5 billion out of cash and withdrew $500 million from gold funds.
Published 26 Feb, 2021 07:26pm
GameStop shares climb in early deals, on track for second best week
Markets

GameStop shares climb in early deals, on track for second best week

  • Options market activity in the stock, which has returned to the top of the list in a social media-driven retail trading frenzy, suggested investors were betting on higher prices or higher volatility, or both.
  • GameStop shares touched $120.60 and were on track to nearly triple this week in an equity market where falling bond prices have weakened general investor sentiment towards US stocks.
Published 26 Feb, 2021 06:15pm
US MIDDAY: Soyabeans gain
Markets

US MIDDAY: Soyabeans gain

CHICAGO: US soyabean futures gained on Friday on expectations of continued export demand eating into already tight ...
Published 06 Feb, 2021 04:06am
US stocks bounce back from rout
Markets

US stocks bounce back from rout

  • The broad-based S&P 500 gained 1.2 percent to 3,796.56, while the tech-rich Nasdaq Composite Index advanced 0.8 percent to 13,373.83.
Published 28 Jan, 2021 09:43pm