Germany’s fragmented election results may prove that the more things change the more they stay the same. Chancellor Angela Merkel has ruled over the world’s No. 4 economy for 16 years. Her macroeconomic policy legacy includes fiscal austerity and a trade-friendly wage containment that has led Germany’s current-account surplus to be one of the largest […]
U.S. stock futures wobbled as investors digested receding fears of contagion from China Evergrande Group and hopes for further economic reopening against supply-chain disruptions. Here’s what we’re watching as Monday’s trading gets under way. Chemicals company Kraton jumped 7.8% ahead of the bell after it said it would be acquired by DL Chemical for $46.50. […]
Futures are edging down and bond yields are up to multi-month highs, as uncertainty lingers about heavily indebted property giant China Evergrande Group . Here’s what we’re watching ahead of Friday’s opening bell. The price of bitcoin fell as much as 5% after China’s central bank said all cryptocurrency-related transactions are illegal, reinforcing the country’s tough […]
Futures are up, signalling Wall Street indexes will build on the gains that came after the latest policy update from the Federal Reserve—even as jitters around struggling China Evergrande Group linger. Here’s what we’re watching ahead of Thursday’s open. Occasional meme stock BlackBerry jumped 7.2% premarket. The networking company reported better-than-expected second-quarter results after Wednesday’s close. […]
SYDNEY—The crisis engulfing property developer China Evergrande Group is causing iron-ore prices to buckle, as investors worry that pressure on China’s huge property market will translate into lower appetite for steel. Evergrande’s difficulties are the most visible sign of the worsening climate for Chinese real-estate companies, and economic data point to a broader malaise in […]
U.S. stock futures are up, suggesting markets are poised to rebound a day after concerns about China’s property sector helped fuel a global selloff in stocks and commodities. Here’s what we’re watching ahead of Tuesday’s open. Uber Technologies rose 5.9% before the bell. The ride-hailing firm said it could reach a measure of profitability in […]
U.S. stock futures fell as jitters in China’s indebted property sector rippled into global markets. Here’s what we’re watching ahead of Monday’s trading session. The Cboe Volatility Index—Wall Street’s so-called fear gauge, also known as the VIX—ticked up to 25.92, its highest level since mid-May. Shares of banks and financial services companies, which tend to […]
U.S. stock futures edged lower following another day of losses in China and Hong Kong. Here’s what we’re watching ahead of Thursday’s opening bell. Shares of network equipment maker Cisco Systems gained 1.5% after it announced plans to introduce new financial metrics and overhaul its reporting segments to showcase the growth of its software business. […]
U.S. stock futures rose Monday, pointing to major indexes recovering some ground following the S&P 500’s worst weekly performance since February. Here’s what we’re watching ahead of Monday’s open. Airbnb shares slipped 1.8% after analysts at Goldman Sachs Group recommended investors sell the stock. Airbnb and other companies offering drive-to-lodging might benefit as the Delta variant […]
U.S. stock futures rose, suggesting major indexes may open with muted gains at the end of a choppy week on Wall Street. Here’s what we’re watching ahead of Friday’s open. Zscaler gained 3.5% premarket. The IT security company said it expects revenue and adjusted income to rise both in the first quarter and for the full fiscal […]