(Bloomberg) — BNP Paribas SA reported a blowout performance in fixed-income trading that beat all but one of the large Wall Street banks, allowing the French lender to move past embarrassing losses from equity derivatives. The shares surged. Revenue from trading fixed-income securities, currencies and commodities jumped 154% in the second quarter from a year […]
Benchmarks slipped into the negative territory on Tuesday as investors kept a close watch on a second coronavirus relief package in consideration by lawmakers, along with mixed second-quarter corporate earnings report.The Dow Jones Industrial Average (DJI) fell 205.49...
Too much of a good thing can be bad — and that’s exactly what Goldman Sachs’ top equity strategists are concerned about when it comes to the stock market. The slam-dunk trade of this year — and of the era since the 2008 financial crisis — has been to bet...
The 2020 US presidential and congressional elections are less than four months away.So far, it seems, investors don’t know what to make of that. Expected market volatility for November is historically high, a sign of investor uncertainty around the implications...
. . . China’s Star market launched a year ago this week in Shanghai The Star market, China’s answer to the Nasdaq, celebrates its first anniversary this week.The tech-heavy stock market was set up at the request of President Xi Jinping as relations with...
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