Bloomberg Markets

02/02/2020

Markets Brace for 2020 Election Marathon With Plans A Through Z

Iowa's caucuses are likely to set off a year of surprises for Wall Street.

From trade to taxes, no one wants to be caught off guard.

02/02/2020

U.K. Police Shoot Man in Terrorism-Related Incident

BREAKING: Terror in London.

Police said it is believed a number of people have been stabbed.

02/02/2020

First Person Outside of China Dies From Virus in Philippines

BREAKING: A 44-year-old man from Wuhan who traveled to the Philippines is the first known person to have died outside China from the virus.

02/02/2020

More Than 300 People Have Now Died From Wuhan's Coronavirus

The death toll from Wuhan's coronavirus has jumped to 304 people in China, with people who have tested positive for the infection now at 14,550 around the world.

A Boston college student is the eighth confirmed U.S. case.

02/01/2020

NYC Suspects Patient Has Disease: Virus Update

BREAKING: New York City is testing a patient for the coronavirus.

Officials expect the test results to take a minimum of 36 hours.

02/01/2020

Copper’s Worst Month Since 2015 Shows Why China Is Everything

It's been a spectacular sell-off.

Investors are fleeing raw materials as China’s key industrial provinces extend Lunar New Year holidays, raising concerns of a sharp drop in demand.

02/01/2020

Gathering Risks Have Treasury Yields Headed for Recession Zone

The Treasury market looks set for yet another bout of fear-induced trading.

Fed Vice Chairman Richard Clarida described the coronavirus outbreak as a “wild card” for the U.S. economic outlook.

02/01/2020

Trillion-Dollar Titans Lived Up to Their Earnings Hype

The big tech sell-off didn't happen.

Memo to bears waiting around for the earnings engine to stall for Apple, Microsoft and Amazon: keep waiting.

02/01/2020

The Coronavirus Is Infecting the Global Economy. Here’s How.

An interconnected global economy is feeling the strain of China’s viral outbreak -- and the potential $160 billion hit in lost growth that may be on the way.

An interconnected global economy is feeling the strain of China’s viral outbreak -- and the potential $160 billion hit in lost growth that may be on the way.

02/01/2020

Coronavirus Lurking in Feces May Reveal Hidden Risk of Spread

Doctors have discovered that it's not just your face that needs protection.

Doctors haven't focused on diarrhea samples to identify coronavirus patients.

02/01/2020

Zero Hedge Permanently Suspended From Twitter for ‘Harassment’

A Twitter spokesperson said that Zero Hedge, which had more than 670,000 followers, “was permanently suspended for violating our platform manipulation policy.”

01/31/2020

China Says U.S. Response Harmful; Flights Halted: Virus Update

BREAKING: The U.S. declared a public health emergency in response to the coronavirus outbreak in China, ordering as much as a 14-day quarantine of citizens returning from Wuhan. https://trib.al/c6hrTLN

The U.S. declared a public health emergency in response to the coronavirus outbreak in China, ordering as much as a 14-day quarantine of citizens returning from the province at the center of the outbreak and denying entry to some foreigners displaying symptoms.

01/31/2020

Where Trade Matters Most

Here we’ve tracked some key gauges that speak to the health of global trade and where things are headed.

A chart-based look at the state of world trade.

01/31/2020

NEW: Delta is the first U.S. airline to suspend flights to China over coronavirus concerns.

01/31/2020

Russia Reports First Coronavirus Cases, Restricts China Flights

JUST IN: Russia has announced the first two cases of the coronavirus on its territory and imposed sweeping new travel restrictions

Russia announced the first two cases of the novel coronavirus on its territory and imposed sweeping new measures to prevent the spread of the deadly new strain.

01/31/2020

The U.S. Housing Crisis Is Making Its Way to the Heartland

U.S. expansion leaves many workers with few housing options.

Earning $40,000 a year in Omaha used to be enough to make rent comfortably. Not anymore.Housing costs are slipping out of reach for the middle class in smaller and medium-size cities across the U.S., the latest sign that the affordability crisis that started on the coasts is moving inland, according...

01/31/2020

Five Things You Need to Know to Start Your Day

Coronavirus is a global health emergency, it’s Brexit day, and Trump trial likely to end today.

Get caught up on what's moving markets.

01/31/2020

Commodity Shipping Costs Fall 99.95% After Virus Slams Market

The Baltic Exchange Capesize Index -- a measure of vessels for dry-bulk cargoes -- sank to just 1 on Thursday.

The coronavirus crisis in China has hammered many markets this month: none may have felt a bigger impact than freight, reflecting consequences for raw materials including iron ore that are carried by sea.

01/30/2020

Wall Street Is Skeptical Argentina Can Meet March 31 Debt Timeline

South American nation has total debt north of $300 billion.

Argentina’s March 31 deadline to wrap up talks with bondholders is increasingly looking like a long shot.

01/30/2020

The Inverting Yield Curve Is About More Than Recession This Time

🚨 NEW: The inversion -- seen by some as a recession warning signal -- last reached these levels at the height of the trade war.

A key slice of the U.S. yield curve inverted on Thursday for the first time since October, reviving memories of growth fears that plagued investors last year and signaling doubts that the Federal Reserve will succeed in reviving inflation.

01/30/2020

Wilbur Ross Says Coronavirus May Help Bring Back Jobs to U.S.

Ross said virus is unfortunate and heart goes out to victims.

Commerce Secretary Wilbur Ross said Thursday that the deadly coronavirus may hurt the Chinese economy and push jobs back to the U.S.

01/30/2020

Possible Coronavirus Case Traps 7,000 on Carnival Cruise Ship in Italy

BREAKING: Some 7,000 people are trapped on board a cruise ship owned by Carnival that was blocked from leaving an Italian port after a passenger came down with coronavirus symptoms

A cruise ship owned by Carnival Corp. was blocked from leaving an Italian port with some 7,000 people on board, after a passenger came down with symptoms that raised concerns about a possible case of coronavirus.

01/30/2020

BOE Holds Rates in Carney’s Swansong as Britain Exits EU

BREAKING: Bank of England holds its key interest rate at 0.75%, resisting the chance to cut ahead of Brexit.

The Bank of England kept interest rates on hold in Governor Mark Carney’s final meeting, waiting for more evidence of economic rebound before supporting it with a cut. The pound gained.

01/30/2020

Five Things You Need to Know to Start Your Day

Coronavirus spreads to more countries, Bank of England decision on a knife-edge, and it’s another big day for earnings.

Get caught up on what's moving markets.

01/30/2020

Prowling Lions and Corrupt Officials Block Roads to Africa Trade

Leaders of 53 nations hope a landmark accord can topple entrenched obstacles to smooth-flowing commerce.

Leaders of 53 nations hope a landmark accord can topple entrenched obstacles to smooth-flowing commerce. So do frustrated truck drivers.

01/30/2020

Virus Crisis Risks Delaying Earnings Reports Across Hong Kong

The virus impacts are spreading to corporate earnings reporting times.

The broadening virus crisis is raising risks that many Hong Kong-listed companies won’t be able to get their earnings reports done in time, lining them up for a suspension in trading if they run afoul of exchange rules.

01/30/2020

JPMorgan Asked Traders What Worries Them. Liquidity Is Still on Top

Liquidity issues still vex traders.

There’s plenty out there to scare Wall Street, but ask traders what keeps them up at night and they may point to a familiar foe: lack of liquidity.

01/30/2020

Five Things You Need to Know to Start Your Day

Get caught up.

Here are some of the things people in markets are talking about.

01/30/2020

Asia Stock Futures Slip; U.S. Yields Drop on Fed: Markets Wrap

Your market news today.

All you need to know about what’s moving global markets today.

01/30/2020

Coronavirus Cases Surge Over 7,000 As Death Toll Hits 170: Latest Updates

BREAKING: China says the number of coronavirus cases in the country has surged to 7,711 — with the death toll rising to 170

The World Health Organization called a meeting of its Emergency Committee Thursday to consider issuing a global alarm as the death toll from the spreading coronavirus rose to 170 and the number of cases jumped.

01/29/2020

Facebook to Pay $550 Million in Biometric Privacy Accord

Facebook will pay $500 million to resolve claims it collected user biometric data without consent.

Facebook Inc. will pay $550 million to resolve claims it collected user biometric data without consent in one of the largest consumer privacy settlements in U.S. history, according to a statement Wednesday by lawyers for consumers

01/29/2020

Tesla’s Stock Soars On Revenue and Model Y Gains

Tesla stock surged to pass $600 for the first time 💰

Tesla Inc. stayed on a roll by reporting better-than-expected revenue and accelerating the arrival of its next electric vehicle, sending the stock soaring to new highs.

01/29/2020

Coronavirus Misinformation Is Spreading All Over Social Media

LATEST: Fake news and misinformation about the coronavirus — ranging from racist explanations for the disease's origin to false claims about miracle cures — is spreading across social media.

Conspiracy theorists, trolls and cynics hoping to use the panic to boost traffic to their own accounts have all contributed to the cloud of bad information.

01/29/2020

U.S. Pending Home Sales Post Biggest Decline Since 2010

Contract signings to purchase U.S. previously owned homes unexpectedly slumped in December.

Contract signings to purchase U.S. previously owned homes unexpectedly slumped in December, depressed by fewer listings of properties and representing a blemish after a recent spate of positive housing-market news.

01/29/2020

Goldman Sets Out New Targets to Get Investors Excited Again

Firm gives medium-term goal of more than 13% return on equity.

Goldman Sachs Group Inc.’s new leadership is looking to lure investors with a fresh promise of growth as Wall Street’s once dominant firm tries to regain its luster.

01/29/2020

Palladium’s Biggest Miner Says Market Is In a Bubble

The world's largest palladium producer is planning to take steps to increase supply in a market that's running short

Financial speculators have created a bubble in palladium that’s bad for the industry, according to MMC Norilsk Nickel PJSC, the world’s biggest producer of the metal.

01/29/2020

The Market Is Trying to Put a Price on the Coronavirus Outbreak

Analysts are looking to the 2003 SARS epidemic for how to price in the coronavirus, but this time may be different.

Analysts are looking to the 2003 SARS epidemic for lessons, but this time may be different.

01/29/2020

Five Things You Need to Know to Start Your Day

Coronavirus toll continues to rise, it’s decision day at the Fed, and impeachment trial rolls on.

Get caught up on what's moving markets.

01/29/2020

Top Sustainable Investment Funds Are Beating the Market

9 of the top 10 ESG funds outperformed the S&P 500 last year.

Sustainable investing isn’t just for do-gooders.

01/29/2020

U.K. House Prices Jump After Election Paves Way for Brexit

Annual home-price gains climb to most since November 2018.

U.K. house prices jumped the most in more than a year in January, according to Nationwide Building Society, reinforcing perceptions that the economy is gradually recovering after Boris Johnson’s election victory.

01/29/2020

Oil Data From SARS Era Offers Clues to Impact of China Outbreak

Making the SARS comparison.

Oil traders reacted to the outbreak of the coronavirus in China by dumping contracts for crude, diesel and jet fuel. Data from the last Chinese epidemic offer some clues as to whether the selloff is justified.

01/29/2020

Hong Kong Market Reopens to Crisis as Virus Tests Resilience

Hong Kong is being tested.

Almost every stock fell in Hong Kong as trading reopened Wednesday for the first time this week, with investors gauging the economic impact of the deadly coronavirus that spread over the Lunar New Year holiday.

01/29/2020

Bitcoin Jesus Caves as Fight Over Fourth-Biggest Coin Heats Up

A proposal that threatened to tear apart Bitcoin Cash appears to be on the rocks.

A proposal that threatened to tear apart Bitcoin Cash, the world’s fourth-largest cryptocurrency, appears to be on the rocks.

01/29/2020

Trader Blamed for 2010 Flash Crash Gets No Jail for Spoofing

No jail time for the 2010 incident.

The British man whose bogus trades may have contributed to a $1 trillion sell-off in global stock markets during the 2010 Flash Crash will avoid prison because he provided “extraordinary cooperation” to the government in identifying other market cheats.

01/29/2020

The Crypto Mogul Who’s Got the Ear of China’s Central Bank

He's an influential guy.

Leon Li is the rarest of Chinese crypto magnates -- one who’s won Beijing’s backing. The founder of Huobi Group is now set to play a pivotal role in China’s effort to build a homegrown crypto-industry.