U.S. stocks falter after rally, assess economic outlook - BNN Bloomberg

U.S. equity futures faltered, struggling to hold the momentum that propelled the S&P 500 to its best daily gain in three weeks, as investors assessed whether the world's biggest economy can skirt worst-case recession scenarios.

The S&P 500's large decline this month contrasts with an average 1.5 per cent December gain since 1950, providing sidelined global investors with plenty of “dry powder” to put to work, according to SEB. Yields on Treasuries and euro zone bonds slipped but concerns remain that Japanese investors could now be persuaded to bring home some of the trillions of dollars they have stashed in foreign stocks and bonds. That could further lift global borrowing costs and drag on already cooling economic growth.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. stocks, bonds drop as traders assess rate outlook - BNN BloombergU.S. stocks and Treasuries dropped as traders mulled the Federal Reserve's path next year after central bank officials vowed to keep raising rates until they're confident inflation has been subdued.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Electric vehicle charging investment approaches the US$100B mark - BNN BloombergBloombergNEF recently released its updated Zero-Emission Vehicles Factbook, which estimates cumulative investment in EV charging hardware and installation will reach US$62 billion at the end of this year.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Magna International to buy Veoneer's active safety business for US$1.525B - BNN BloombergMagna International has signed a deal to buy Veoneer's active safety business from investment firm SSW Partners for US$1.525 billion in cash.
Source: BNNBloomberg - 🏆 83. / 50 Read more »