Markets reel over Italy election, China housing tax
From China's new housing tax to the sequester here in the U.S., global markets have a lot of news to digest this morning.
Worldwide: Investment Review - Hopes And Fears For 2013 - Smith & Williamson
Barack Obama’s victory in the US Presidential elections and the peaceful change in China’s leadership has removed some uncertainties, but investors are still waiting for a clearer lead on a range of other issues as we head into the New Year.
Found more than 1 month ago on channel Mondaq
Japan, China stocks higher on stimulus hopes
Japanese conservatives, who favor greater economic stimulus, returned to power in a landslide election victory
Found more than 1 month ago on channel CBS
Asia Markets: Asia stocks mostly higher after China data
Chinese shares take strength from a survey indicating further improvement for the nation’s beleaguered manufacturing sector, although Japanese shares lose ground in their last session ahead of this weekend’s election.
Stocks Soar on Black Friday; Tech Leads the Way
The stock market enjoyed some Black Friday cheer, rising sharply as shoppers braved the annual post-Thanksgiving rush. Major stock indexes closed one of their best weeks of the year. Traders were encouraged by positive economic news from Germany and China, two engines of global growth. Technology stocks soared after a few weeks of selling. And early reports from retailers suggested strong consumer spending. “Foot traffic appears heavier than we’ve seen in recent years, there are a lot of positive statements out of the companies themselves, and momentum appears to be strong,” said JJ Kinahan, chief derivatives strategist at the brokerage TD Ameritrade. Many stores opened earlier than ever this year, Kinahan said, allowing for earlier informal reports about their performance. Technology stocks soared, lifting the Nasdaq composite index by more than 1 percent. Dell, chipmaker AMD and Hewlett-Packard were the top three gainers in the Standard & Poor’s 500. Technology rose the most among ...