Business

The technology sector is having a fantastic year, with the Nasdaq Composite (NASDAQINDEX: ^IXIC) up by 30% so far. Many of the largest stocks in the tech sector are doing even better, like Nvidia, which has soared by 209%. But not every tech stock is participating in the rally. Workiva …

By Jaspreet Kalra MUMBAI (Reuters) – Global investors are likely to find relative safety in India’s financial markets from the spillover of Donald Trump’s economic policies, including from any protectionist trade policies that could spark emerging market volatility. Trump’s decisive election victory last week and his impending return to the …

(Bloomberg) — South Korean retail investors boosted their holdings of US stocks to more than $100 billion for the first time amid growing interest in Big Tech shares and leveraged funds. Most Read from Bloomberg Mom-and-pop traders held a combined $101.4 billion worth of US equities as of Nov. 7, …

(Bloomberg) — Oil steadied after the biggest decline in nearly two weeks as a soft outlook in top importer China continued to plague the market. Most Read from Bloomberg Brent traded below $74 a barrel after losing more than 2% on Friday, while West Texas Intermediate was near $70. Data …

(Bloomberg) — India’s central bank is ready to let the rupee weaken in tandem with the Chinese yuan after Donald Trump’s election win spurred fears of higher US tariffs, according to people familiar with the thinking of policymakers. Most Read from Bloomberg A depreciating yuan will lower the cost of …

By Rahul Paswan (Reuters) – Gold prices fell on Monday for a second consecutive session as investors awaited U.S. economic data and comments from Federal Reserve officials this week for more clarity on the future direction of U.S. interest rates. Spot gold dropped 0.5% to $2,671.49 per ounce, as of …

HONG KONG (AP) — Asian stocks fell on Monday, led by a more than 2% drop in Hong Kong’s Hang Seng index, as China’s stimulus package disappointed investor expectations. China on Friday approved a 6 trillion yuan ($839 billion) plan during a national legislature meeting. The long-anticipated stimulus is designed …

(Bloomberg) — Chinese stocks declined after a high-profile legislative meeting disappointed investors who had been hoping for large-scale stimulus to boost the economy and end a deflationary cycle. Most Read from Bloomberg The CSI 300 Index was down 0.4% as of 9:40 a.m. local time, while a gauge of Chinese …

By Florence Tan SINGAPORE (Reuters) – Oil prices extended declines on Monday as the threat of a supply disruption from a U.S. storm eased and after China’s stimulus plan disappointed investors seeking fuel demand growth in the world’s No. 2 oil consumer. Brent crude futures dropped 19 cents, or 0.3%, …

(Bloomberg) — The bond-market selloff unleashed by Donald Trump’s presidential victory last week ended almost as quickly as it began. Most Read from Bloomberg Yet firms like BlackRock Inc., JPMorgan Chase & Co. and TCW Group Inc. have issued a steady drumbeat of warnings that the bumpy ride is likely …