Europe: Stocks up at start of week
[LONDON] European stocks started the week on the front foot, largely ignoring a mixed picture across Asia and slightly weaker US futures as a brutal month nears its end. Treasuries extended a gain from last week, with some traders reining in expectations for tighter Fed policy.
The Stoxx Europe 600 Index rose for the second time in three days, led by banks after earnings for HSBC Holdings Plc beat expectations. US futures dropped after the S&P 500 Index finished Friday just short of a 10 per cent decline from its record September high and on pace for the worst month since 2009.
BLOOMBERG
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Europe: Stoxx ends lower as auto giants weigh; investors parse inflation data
US: Wall Street stocks fall as markets weigh strong wage data, Fed meeting
Japan may have spent 5.5 trillion yen on Apr 29 intervention, BOJ data suggests
Singapore stocks rise, tracking regional bourses; STI up 0.3%
Asia: Markets build on Wall Street rally, yen holds bounce
Singapore shares open in the red on Tuesday; STI down 0.3%