Gloomy outlook from Europe’s most valuable tech company drags down stocks from Nvidia to Arm
Renewed confidence over US economy’s health brings fresh momentum to megacap stocks
There are reasons to challenge the ‘they’re just better’ narrative used to justify overweight positions in American stocks
Rebalance was prompted by concerns over the continued growth of tech stocks such as Nvidia
Novo Nordisk and Schneider in demand as robust American economy defies investors’ expectations
Record 70% income haul from fresh money is shot in the arm for active fund industry
Drag show
Traders opt for complex derivative bets instead of predicting who will win, as November vote takes centre stage in markets
Rising stock prices and lower interest rates prompt the highest level of issuance in nearly three years
Investors appear to be setting aside worries since the Fed’s big rate cut
The number of low-price, highly speculative stocks on exchanges has exploded, harming investors
No one wants to end up paying more for a poorer-quality company
No trading suspensions, no drama
Research Affiliates found that S&P 500 falls before a close election and surges after
Rare half-point reduction was baked into last week’s rally and led to a mild sell-off afterwards
Plus Mexico’s judicial fallout
Research tracking mobile data shows how some corporate insiders avoided losses by selling around the time regulatory staff visited
Consumer staples sector outperforms broader market in recent weeks as investors hunt for defensive stocks
Plus Apple’s buybacks
Bourses hope to draw listings with pitches that draw on corporate aspirations, strategy or identity
It may never come
Outsized market reactions to management changes have as much to do with failings of the old boss
Soft payroll data prompts traders to increase bets on aggressive rate cuts by Federal Reserve
Comments from policymakers follow report showing US economy added fewer jobs than expected
We hardly knew ye
