Investors enjoying near-record levels for major stock indexes will scrutinize housing data and other economic indicators in the coming week for hints about the timing of U.S. interest rate hikes to see if the rally will continue.
Investors
Wall St. slips after rally as dollar swings
U.S. stocks edged lower on Monday on the heels of strong gains in the prior week, as investors weighed fluctuations in the dollar and its impact on other markets, including crude prices.
Companies to issue record $30 billion in green bonds this year - S&P
Companies could issue a record $30 billion in so-called "green bonds" this year, but further growth in the market will depend on developments in China and common standards, Standard & Poor's Rating Services said on Monday.
U.S. multinationals set to face much more pain from strong dollar
The surging value of the U.S. dollar may be posing the biggest threat to U.S. corporate earnings since the 2008 financial crisis, hurting results at most U.S.-based multinationals. Some on Wall Street are even talking about an earnings recession.
HSBC Asset Management buying bonds of commodity exporters, Russia, Brazil
HSBC Global Asset Management, an arm of HSBC Holdings (HSBA.L), is buying bonds of commodity exporting countries because their valuations have dropped so far with the plunge of oil prices, an executive said.
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U.S. stocks rose on Friday, pushing the Nasdaq to a 15-year high and helping the S&P 500 snap a three-week string of losses, following a pullback in the dollar, upbeat results from Nike and further biotech gains.
Zodiac Aerospace suffered its worst share price drop in six years on Friday after issuing a profit warning due to delays in aircraft seat production that have prompted intervention by leading planemakers.
Upscale jeweler Tiffany & Co's (TIF.N) quarterly sales fell for the first time in five years and are expected to decline further in the current quarter, hurt by the strong dollar.
U.S. stock index futures climbed on Friday after a one-day pullback as investors were reassured by a reform pledge by Greece to its EU creditors that could help avert a cash crunch.
U.S. stocks fell on Thursday as a stronger dollar weighed on oil and other commodity prices, sending energy and materials sectors lower.
World shares rose back towards all-time highs and a slump then jump in the dollar triggered wild moves in currency markets on Thursday, as investors priced in a later start and a slower pace for future U.S. rate rises.
U.S. stocks rallied on Wednesday after the Federal Reserve suggested a less aggressive timeline for raising interest rates even as it opened the door for the first hike in almost a decade.
As Alibaba (BABA.N) was preparing to sell shares to U.S. investors for the first time, Jerry Verseput tried to persuade his clients not to throw money at the giant China-based e-commerce company because he thinks IPOs are a gamble, especially those with a lot of hype.
The euro and world shares gained on Tuesday as the dollar steadied before a two-day meeting of the U.S. Federal Reserve, where the Fed may edge closer to its first interest rate rise in almost a decade.
