An against-the-odds deal to avert a U.S. shutdown is soothing nerves across Wall Street after a week of interest rate-spurred market disruptions. While money managers largely shrugged off the political circus in Washington, the passage of compromise legislation to keep the government running until Nov. 17 gives financial markets some breathing room...
US technology stocks may be about to turn a corner after the Nasdaq 100’s biggest monthly decline this year, according to strategists at Goldman Sachs Group Inc. They say the selloff has led to historically cheap valuations for the tech stocks at a time when earnings estimates are still rising....
Office prices in the U.S. are due for a crash, and the commercial real estate market faces at least another nine months of declines, according to Bloomberg’s latest Markets Live Pulse survey. About two-thirds of the 919 respondents surveyed by Bloomberg believe that the U.S. office market will only rebound after a severe collapse. An even...
The third quarter was a story of dashed hopes in emerging markets, with the unraveling of some of the most profitable trades in the asset class. A stronger dollar and surging US yields, combined with China’s economic woes, brought it all to a head. Emerging-market stocks just posted their worst...
Asset managers selling funds into the European Union risk having client flows “meaningfully” disrupted as regulators in the bloc consider a major overhaul of ESG investing rules, according to analysts at Barclays Plc. The EU Commission opened the door to a wholesale review of the Sustainable Finance Disclosure Regulation last month, when...