Investors are betting Brazil’s election-fueled rally has just begun — a wager that ultimately hinges on a fiscal overhaul markets have long demanded, but still know little about.
New York’s trading and investment-banking firms are poised to deliver record earnings for the industry with profit on pace to exceed $90 billion and bonuses expected to reach an all-time high. Herman Chan of Bloomberg Intelligence has more.
(Source: Bloomberg)
JPMorgan Chase Chairman and CEO Jamie Dimon says that recent bond selloffs are a warning to governments during an interview with Tom Mackenzie on "Bloomberg Open Interest." (Source: Bloomberg)
Ford Motor Co. shares have fallen sharply as enthusiasm around its earlier rally fades and a tougher economic backdrop weighs on the auto industry. Analyst price targets, however, remain elevated on hopes that earnings will continue to improve.
The US trade deficit widened sharply in August to the largest since early 2025 as a surge in inbound shipments of capital goods helped push imports to a record.
High inflation alone isn’t bad for US Treasuries — instead, it’s a rapid increase in the pace of price growth that does the most damage, according to a study by Man Group.
Hedge fund Blue Duck Capital Partners wants Snap Inc. to raise capital by selling a stake in its nascent Specs unit, putting additional investor pressure on the social media app to deliver on its big investment in augmented reality glasses.
Canadian exports to the US rose sharply in August as importers appeared to rush to get ahead of new tariffs imposed by the Trump administration toward the end of the month.
Pacific Investment Management Co. says bond yields at multi-decade highs offer attractive income for investors, who should spread their allocations across developed and emerging markets to help protect against fiscal risks.
Morgan Stanley's FX and Emerging Markets Strategy Head James Lord said the euro could fall further toward $1.10 as risks mount. He joins Bloomberg's Anna Edwards, Tom Mackenzie, and Guy Johnson on "The Opening Trade" discussing France, Europe as a whole, and the election in Brazil. (Source: Bloomberg)
The S&P 500 closed at a record for the first time since August, buoyed by resilient corporate profits and the outlook for artificial intelligence-related spending.
The higher the wall of worry, the faster US stocks have climbed it, clocking its first record since August on Tuesday. But to Jim Paulsen, the cumulative pressure from $100 oil prices, 5% Treasury yields and an elevated dollar is yet to be felt in a major way.
The S&P 500 is poised to move closer to its first record high since August as bonds rally and lower oil prices help ease worries over inflation. OpenAI is said to be in talks with BlackRock and multiple investment funds from the UAE to help anchor a $30 billion financing round. Henrietta Pacquement of Allspring Global Investment discusses factors driving bonds higher. (Source: Bloomberg)
Emerging-market assets extended gains on Tuesday as a combination of lower US bond yields, a weaker dollar and steady oil prices provided some relief to global markets.
Billionaire Kelcy Warren’s Energy Transfer LP agreed to buy Vaquero Midstream LLC for about $2.63 billion in cash and stock, expanding its network to ship natural gas in the Permian Basin.
A weekly auction of government debt on Tuesday attracted the strongest demand in four months as yields among the highest in emerging markets enticed investors flush with cash from coupon payments.
