Analysis

Investors remained bullish on emerging markets, an HSBC (LON:HSBA) survey showed, with Asian currencies being the most preferred asset class in the sector in the face of falling U.S. interest rates and yields. 

Investing.com – U.S. equities were mixed at the close on Wednesday, as gains in the Utilities, Technology and Telecoms sectors propelled shares higher while losses in the Oil&Gas, Healthcare and Basic Materials sectors led shares lower.

At the market open in London, the FTSE 100 Index dropped 0.20%.

Citi hiked its price targets on two Chinese electric vehicle makers, forecasting stronger sales on resilient domestic conditions, despite broader headwinds for the Chinese economy. 

Investing.com -- Bank of America (NYSE:BAC) double-downgraded Triumph Group (NYSE:TGI) to Underperform from Buy, citing concerns about the company's reliance on uncertain production rates from Boeing (NYSE:BA) and Airbus.

Investing.com -- Tesla's (NASDAQ:TSLA) latest version of its Full Self-Driving software is "suspect" and still requires improvement to ensure Robotaxi operations can be safely undertaken, independent automotive research firm AMCI Testing said in a Tuesday statement.   

U.K. equities started mixed on Tuesday, with rises in Industrial Metals & Mining, Personal Goods, Life Insurance; and losses in General Industrials, Electricity, Food & Drug Retailers sectors.

Chinese stocks are primed for a rebound in the coming months, Gavekal Research said in a note, stating that they were undervalued after prolonged underperformance, and that Beijing was likely to unveil more stimulus measures. 

Investing.com - Bank of America (NYSE:BAC) Securities has taken a look at European luxury goods, and expects the sectorial slowdown to continue into the second half of 2024 and also next year.

Investing.com -- Analysts at Truist Securities cut their ratings on two popular chip stocks, Microchip Technology (NASDAQ:MCHP), and Analog Devices (NASDAQ:ADI), citing valuation concerns and a less optimistic outlook on the broader semiconductor sector.

India equities were higher at the close on Monday, as gains in the Oil&Gas, Real Estate and Public Sector Undertakings sectors propelled shares higher.

Most Asian stocks rose slightly on Monday amid persistent cheer over lower interest rates, while Australian markets lagged as major retail stocks fell sharply in the face of an antitrust lawsuit. 

EQS Newswire / 19/09/2024 / 09:30 MSKSolidcore Resources plc (“Solidcore” or the “Company”) is pleased to announce that the Board of Directors has approved the construction of green energy power plants at Varvara mine.“Our path to net zero along with Kazakhstan’s decarbonisation efforts underpin Sol

Nike (NYSE:NKE) announced that Elliott Hill will take the helm as President and Chief Executive Officer effective October 14, 2024. Following the news, the company's shares gained nearly 8% in after-hours trade.

Investing.com – U.S. equities were higher at the close on Thursday, as gains in the Technology, Industrials and Basic Materials sectors propelled shares higher.

IBM (NYSE: IBM) and Microsoft announced the official opening of three new IBM-Microsoft Experience Zones within IBM's Client Innovation Centers.

Investing.com -- Morgan Stanley (NYSE:MS) significantly reduced its price target for Virgin Galactic on Tuesday, reflecting a more pessimistic outlook on the company's future.

Investing.com-- Food storage maker Tupperware Brands Corporation (NYSE:TUP) filed for bankruptcy on late-Tuesday as the firm’s turnaround plan largely failed to shore up its business and as it grappled with a dire cash crunch due to lagging sales.

U.S. equities were mixed at the close on Tuesday, as gains in the Oil&Gas, Consumer Services and Financials sectors propelled shares higher while losses in the Telecoms, Healthcare and Consumer Goods sectors led shares lower.

U.S. equities were higher at the close on Friday, as gains in the Utilities, Basic Materials and Consumer Services sectors propelled shares higher.