Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
European ADRs Dip as Tech Losses Outweigh Energy Gains; Equinor, Eni Surge 3%+
European stocks listed in the US slipped Friday, with the S&P Europe Select ADR Index down 0.6%. Energy giants Equinor and Eni bucked the tr
Private Credit Investors Face Steep Discounts to Exit Non-Traded BDCs
Investors in non-traded business development companies are paying a steep price to exit. Recent tender offers valued shares 15%-30% below Ma
Five Warning Signs Flashing: Why I'm Adding a Simple Hedge to My Portfolio
Five warning signs—from inflation risks to euphoric investor positioning—are raising the odds of a sharper selloff. A simple, cash-neutral h
PayPal, Perpetual, and Kakaku.com Show Why Takeover Deals Often Stall
A series of high-profile takeover bids, including a $53 billion approach for PayPal and a A$2.5 billion offer for Perpetual, are stalling ov
Canada Sees C$14.4 Billion Investment Outflow in May as Foreigners Buy Bonds, Sell Stocks
Canada recorded a C$14.4 billion net investment outflow in May, driven by Canadians buying C$22.3 billion in foreign securities. Foreign inv
Dubai Stocks Hit Five-Week Low as US-Iran Tensions Rattle Gulf Markets
Dubai stocks slid to a five-week low as US-Iran tensions unsettled investors, even as Abu Dhabi finished slightly higher and oil rose 2% to
Canada's EV Sales Climb as US Market Slumps After Tax Credit Expiry
Canada's zero-emission vehicle sales are holding steady near 10% of new car sales, while the US market sees an 18% decline after federal tax
AI Stocks Slide as Chipmakers Lead Global Selloff; Oil Jumps on Middle East Strikes
Chipmakers sparked a global selloff, hitting Asian stocks hardest and pulling US futures lower. Oil prices jumped on fresh Middle East strik
China's State Buyer Tightens Grip on Fortescue's Iron Ore, Squeezing Port Stockpiles
China Mineral Resources Group (CMRG) has restricted deliveries of Fortescue's lower-grade iron ore, causing port stockpiles to drop 16.5%. T
Cocoa Surges 6% as North American Grind Data Signals Strong Demand
Cocoa prices climbed 6% in London after North American grind data showed a 7.7% rise in the second quarter, easing fears of weakening demand
FTSE 100 Flat as Oil Gains Offset Banking and Luxury Weakness
The FTSE 100 barely moved on Friday as gains in energy and utility stocks offset declines in banks and luxury retailer Burberry. Rising tens
SP Group Closes 18.95% Zero-Coupon Bond Refinance Backed by Tata Sons Stake
Shapoorji Pallonji Group completed a long-delayed refinance, issuing 215 billion rupees in three-year zero-coupon bonds yielding 18.95%, bac