Investors are doubling down on stocks, shaking off fears of an economic slowdown in the U.S. which caused a sell-off earlier this month. Global stock markets fell sharply in early August after a rise in unemployment sparked fears that U.S. economic growth could slow more than expected. It led a number of investment banks to
(Bloomberg) — Funds that invest in US leveraged loans had one of their biggest weekly outflows in years as prices briefly plunged the most since March 2023’s regional banking crisis. Most Read from Bloomberg Outflows were $3.07 billion in the week ended Aug. 7, according to data from LSEG Lipper, building on prior-week outflows of
Traders work on the floor of the New York Stock Exchange. Michael M. Santiago | Getty Images Stock futures edged lower Sunday night as investors await key inflation data for further clues on the longevity of this year’s market rally. Earnings from some major financial giants and consumer companies are also on the docket. S&P futures
(Bloomberg) — Big US bond investors have been aggressively shifting money into long-dated notes, betting that the unloved asset class will be one of the winners from eventual interest rate cuts. Most Read from Bloomberg The largest 20 mutual fund managers in the US have increased duration over the past two months as yields climbed,