News > Capital Markets

Daily Scan America: US stocks fall; Obama calls for action on guns
Capital Markets
Updated throughout the day January 5, 2016 The word of 2016 seems to be "volatility." Stocks were up, then they were down. Asian stocks ended the day on a low note, as European stocks bounced up and down before ending the day with a 0.4% gain. U.S. stocks edged higher before dropping, with the Dow Industrials slipping 0.5% by midday. The Nasdaq
Bob Peck offers 10 reasons to be positive on Fitbit ahead of Q4 results, CES
Capital Markets
Shares of Fitbit Inc (NYSE: FIT) have declined 29.76 percent over the past six months, falling close to their 52-week low on November 24 at $26.87. Robert S. Peck of SunTrust Robinson Humphrey has reiterated a Buy rating on the company, with a price target of $48. Peck expects the company to report strong results for Q4, based on SunTrust’s
Daily Scan America: Global stocks volatile; Beijing intervenes to cap damage; Obama issues order on guns
Capital Markets
Updated throughout the day January 5, 2016 Volatility jumped sharply on the first day of trading as crossed-signals in China sent investors scurrying. Asian stock closed lower, and the Stoxx Europe 600 seesawed up and down throughout the trading session; late in the European session it was up 0.4%. U.S. stocks edged higher before dropping, with the Dow Industrials slipping 0.30%. From what we can
Daily Scan Asia: Asian shares end lower; Crude oil recoups losses
Capital Markets
Updated throughout the day January 5, 2016 Chinese markets regained a bit of composure in the afternoon after a rollercoaster morning session saw panicked investors whipsawed by aggressive buying from Beijing. The Shanghai Composite recovered most of its earlier losses to finish just 0.26% lower, while the Hang Seng Index and the Nikkei 225 ended the day down 0.65% and
Daily Scan Asia: Chinese shares rollercoaster; Turkey urges calm in Saudi-Iran row
Capital Markets
Updated throughout the day January 5, 2016 Chinese shares had a rollercoaster morning session on Tuesday with the Shanghai Composite turning a 3.2% loss to a 0.4% gain while the Shenzhen Composite slashed a 5% dive to just 0.5%. The CSI 300 also rebounded from a horrendous open – after tanking as much as 2.6% out of the gate, the
The Europe Question in 2016
Capital Markets
At the cusp of the new year, we face a world in which geopolitical and geo-economic risks are multiplying. Most of the Middle East is ablaze, stoking speculation that a long Sunni-Shia war (like Europe’s Thirty Years’ War between Catholics and Protestants) could be at hand. China’s rise is fueling a wide range of territorial disputes in Asia and challenging
Silver lining to China's share price rout
Capital Markets
The year starts with a crash. The 7% plunge in the Shanghai Composite index on Monday sent global markets reeling, rattling investors out of any residual holiday hangovers. But, there is a positive spin, according to a contributor to the Financial Times -- and let's assume that he has put away the festive bottles. China should celebrate the collapse of its stock market...further falls are likely. Yet
Daily Scan Asia: Futures point to a rough open; Hyundai, Kia miss sales targets
Capital Markets
Updated throughout the day January 5, 2016 Global markets were hammered on the first trading day of 2016, and it looks like the second won’t be any different. Stock index futures are indicating a broadly red open for Asia on Tuesday with Hang Seng Index contracts suggesting a 0.39% slump, Nikkei 225 futures hinting at a 0.87% dive, and CSI
As January goes, so goes the year -- but don't freak out yet
Capital Markets
What a first day of trading. Fortunately, the first day of trading in the markets in a new year doesn't mean anything much. So the markets have 18 trading sessions to set the year straight if the old market adage is true: "As January goes, so goes the year." Actually, it is true --more than 72% of the time, writes Howard Silverblatt, S&P
Daily Scan America: 2016 opens with the sound of stocks crashing; Dow drops 1.6%, worst first day since 2008
Capital Markets
Updated throughout the day January 4, 2016 The 2016 stock kick off looked more like a face-plant Monday. The Dow Jones Industrial Average briefly plunged through the psychologically important 17,000 level, losing more than 2.4% early in the day, but managed to end just 1.6% lower, the worst first day of trading since 2008. The S&P 500 fell 1.5%, the weakest