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  • Sep 05, 2024

Shares and oil stabilise as September storms relent

World share and oil prices stabilised on Thursday after savage starts to September, while the yen climbed to a one-month high and government bond markets rallied, as investors stuck with rate cut trades. The storms, which have wiped off more than $2 trillion from global stock markets and battered commodities, eased just enough to mean Europe's main bourses were able to hold their ground early on after losing nearly 2% in recent days. The Japanese yen, which has surged nearly 2% this week, remained the biggest beneficiary.

  • Sep 05, 2024

How's The Economy Treating You? Depending on Whether You Own Stocks, Your Answer Might Be Very Different

Have you ever noticed that your economic outlook might differ greatly from your neighbor’s? It turns out that if you own stocks, you might be feeling a lot more optimistic than someone who doesn't. Recent data shows that whether or not you're invested in the stock market plays a huge role in how you feel about the economy – and the gap between these two groups is widening. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Can you guess how man

  • Sep 05, 2024

S&P 500 Earnings Hinge on Trump, Harris Tax Plans, Goldman Says

(Bloomberg) -- Tax policies touted in the US presidential election could have a big impact on S&P 500 earnings, according to Goldman Sachs Inc. strategists.Most Read from BloombergHow Air Conditioning Took Over the American OfficeThe Outsized Cost of Expanding US RoadsHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatThey estimate profits could shift in the ballpark range of 5% to 10%, depending on how the policies are enacted and whether Donald Trump’s 2017 tax cuts are allowed to expire

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