One of the world’s biggest indexers is adding more mainland China stocks to its offerings on Friday.
This comes as trade tensions rock Chinese markets and should give them a boost from foreign investors.
MSCI is slowly increasing the number and weighting of China stocks in its indexes to avoid roiling markets.
Salesforce gives weaker-than-expected outlook
U.S. stocks fell slightly on Thursday, in what represented a fractional retreat after a multiday rally that took indexes to repeated records.
Gold fell Wednesday, pressured after a small upward revision to second-quarter U.S. gross domestic product data, as a leading dollar index stabilized near a one-month low, helping to send prices for the metal down a second straight session.
Labor Day in the U.S. is Sept. 3, and although financial markets will observe regular hours on Friday to wrap up trading in August, most trading platforms will be shuttered Monday.
This stock is on track for its biggest-ever one-day gain
Shares of discount footwear and accessories retailer DSW Inc. soared more than 20% Tuesday to put them on track for their biggest-ever one-day gain, after the company crushed earnings estimates for the second quarter and raised its full-year guidance.
The stock market has been on a tear since 2009, but it won’t always go up.
CAMBRIDGE, Mass. (Project Syndicate) — The U.S. stock market achieved its longest rise in its history on Aug. 22, with the Standard and Poor’s 500 index SPX, +0.03% up by 230% since 2009. Although this wasn’t the biggest increase in a bull market, it marked the longest period of increasing share prices.
In a world increasingly interconnected, billions of people rely on the web to chat, socialize and share. That has turned social-media platforms into powerful tools for communication, entertainment, social justice and change.
European markets inched higher on Wednesday, tracking recent gains in U.S. markets that came on an apparent easing of trade-related tensions.
The planets are aligned for an upbeat second quarter earnings season from consumer companies.
BACK IN 2012, when Andreas Feiner and his colleagues at asset-management startup Arabesque first began pitching investors about including environmental, social, and governance factors (ESG) in their investing decisions, they encountered plenty of skepticism, not to mention eye rolls, sidelong glances, and crooked looks. Investors, recalls Feiner, believed that “if you do something right, you have to pay for it” by accepting smaller profits and lower returns.
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