Page 46 - Global Markets
Global shares stuck near peaks, US oil futures extend declines
Shares in China rose 0.37% after data showed Chinese industrial profits hit a nine-year high. South Korean stocks also rose 0.05%
 "Global shares stuck near peaks, US oil futures extend declines")
Trump hails Dow Jones Industrial Average crossing record 30,000 mark
In a brief speech, US President Donald Trump congratulated the public on the Dow Jones Industrial Average hitting a historic record of 30,000 point
 "Trump hails Dow Jones Industrial Average crossing record 30,000 mark")
Gold drops to 4-month low on Covid vaccine hope, signs of economic recovery
Gold prices have posted two straight weekly declines and holdings in exchange-traded funds backed by the metal have slipped as hopes for a virus vaccine buoyed markets
 "Gold drops to 4-month low on Covid vaccine hope, signs of economic recovery")
Asian shares rise on hopes for rapid coronavirus vaccine rollout
MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.38%, pushing past a previous record high touched on Friday
Global fund managers expect emerging markets to outperform in 2021
While the S&P500 index of the US is the best-performing, with gains of 10 per cent, the MSCI EM index has gained 8.5 per cent year-to-date
 "Global fund managers expect emerging markets to outperform in 2021")
Covid-19 vaccine, related updates, F&O expiry to drive D-Street next week
Bourses are likely to witness bouts of buying in the lower order stocks hinting a catch-up rally
 "Covid-19 vaccine, related updates, F&O expiry to drive D-Street next week")
World shares slip after US retail sales dampen coronavirus vaccine euphoria
U.S. S&P500 futures shed 0.3% in Asian trade on Wednesday, a day after S&P500 index lost 0.48%, while Europe's Euro Stoxx 50 futures eased 0.2%.
 "World shares slip after US retail sales dampen coronavirus vaccine euphoria")
Wall Street's main indexes drop at open as coronavirus cases surge
The Dow Jones Industrial Average fell 150.29 points, or 0.50%, at the open to 29,800.15
 "Wall Street's main indexes drop at open as coronavirus cases surge")
Indices end at yet another peak, Sensex up 315 pts; BSE Midcap outperforms
All that happened in the markets today
 "Indices end at yet another peak, Sensex up 315 pts; BSE Midcap outperforms")
Growth, value stocks are largely pricing in vaccine hope, says UBS
The vaccine may induce a serious frontloading of the rally before logistical challenges or slower growth normalisation begins to bother markets, says UBS
 "Growth, value stocks are largely pricing in vaccine hope, says UBS")
Samvat 2077: Key stock market triggers that investors need to watch out
Recovery from Covid 19 shall be the key driver for the markets in Samvat 2077. Besides, improving economic indicators and earnings growth are expected to drive the markets
 "Samvat 2077: Key stock market triggers that investors need to watch out")
Brokerages remain bullish on Asian equities despite US poll cliffhanger
From an Indian market perspective, the US election driven trends could imply that Indian IT stocks and Reliance Industries (RIL) could gain traction and cyclical stocks including banks might lag
 "Brokerages remain bullish on Asian equities despite US poll cliffhanger")
Sebi doubles foreign investment limit for individual fund houses to $600 mn
The regulator has also quadrupled the quantum of investment that individual fund houses can make in overseas exchange traded funds to $200 million from $50 million at present
 "Sebi doubles foreign investment limit for individual fund houses to $600 mn")
Markets spooked as the two US poll scenarios investors feared play out
The main worry around divided government: Markets have been hoping for a large fiscal stimulus package that will be less likely if the two parties need to work together
 "Markets spooked as the two US poll scenarios investors feared play out")
Volatility grips US stock futures as election heads down to the wire
US stock index futures were up but off earlier highs in choppy trading, with Nasdaq futures outperforming
 "Volatility grips US stock futures as election heads down to the wire")
Biden good for emerging markets; dollar to gain from Trump win: Analysts
Aside from which candidate ultimately wins, analysts believe what is even more important for the markets is whether the elections will see a clear 'sweep'
 "Biden good for emerging markets; dollar to gain from Trump win: Analysts")
US Presidential election: What's in store for the Indian stock markets?
The Indian stock market ended over one per cent higher on Tuesday on the back of favourable global cues
 "US Presidential election: What's in store for the Indian stock markets?")
Three policy interventions could add billions of dollars to GDP: McKinsey
They could help key manufacturing value chains more than double their GDP contribution to $500 billion over the next seven years, says Oct 30 note
 "Three policy interventions could add billions of dollars to GDP: McKinsey")
India is odd one out in a favourable view of Emerging Asia: Cameron Brandt
With growth in developed markets under pressure from the rising Covid-19 caseload, investors will keep paying more attention to emerging markets, says Brandt
 "India is odd one out in a favourable view of Emerging Asia: Cameron Brandt")
Wall Street drops at open as tech stocks slide, Covid-19 cases jump
The Dow Jones Industrial Average fell 86.84 points, or 0.33%, at the open to 26,572.27.