Global stocks rebounded modestly Tuesday, lifting U.S. equity futures into positive territory, even as investors continue to worry about developments in the various trade disputes between Washington and its major economic partners.
With the Labor Day holiday keeping major exchanges closed on Monday, and with earnings season winding down, the calendar isn’t as packed as it has been lately. But investors are still anticipating quarterly reports that could send shares of Five Below (NASDAQ:FIVE), GameStop (NYSE:GME), and Okta (NASDAQ:OKTA) moving in the shortened trading week ahead. Let’s take a closer look.
Markets have a very short attention span. Like babies, they move on quickly from one toy, or in this case an event, to another.
Investa Office Fund (IOF.AX) said on Tuesday that Canada-based Oxford Properties Group had offered A$3.29 billion ($2.4 billion) for acquiring the property manager, higher than an A$3.2 billion offer earlier from Blackstone Group (BX.N).
Hurricane Energy has sold a 50 per cent stake in two of its west of Shetland developments in the North Sea to Spirit Energy, part of British Gas owner Centrica.
Gold and Brazilian equity funds were among the worst performing vehicles in August, as the continued strength of the US dollar weighed on returns, while US and technology names topped the charts.
Amid gridlock in boardrooms and Congress on proposals to improve worker pay and employment conditions, state governments have taken the lead, forcing companies to raise minimums and add benefits.
Sterling’s retreat combined with a rising oil price to help the FTSE 100 rebound from a four-month low.
Alibaba is rapidly expanding its new offline retail store, Hema, throughout China.
Samsung Electronics plans to overhaul its smartphone strategy at the mid-range price point in order to appeal more to millennials, the company’s mobile CEO has told CNBC.
Weekly Market Review – November 23, 2024
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