Tom DeMark says the stock market is nearing a top as he draws 1929 parallels
In an email to MarketWatch, DeMark says the Dow Jones Industrial Average, from its Dec. 1914 low to its Sept. 1929 high, rallied 624%. From the 2009 low to this week's high, the Dow has rallied 587%.
U.K. Economy Lags Expectations as Trade Tariffs Loom Over Future Growth — 2nd Update
Among major advanced economies that have reported data for the quarter, the U.K. grew faster than Italy, but slower than Japan, the eurozone and even recent laggard Germany. The U.S. grew at an ...
Druckenmiller poured into regional banks in the third quarter
Stanley Druckenmiller made a big bet on regional banks in the third quarter, that's likely paid off after a Republican sweep in the elections.
U.K. Economy Slowed More than Expected in Third Quarter — Update
Among major advanced economies that have reported data for the quarter, the U.K. grew faster than Italy, but slower than Japan, the eurozone and even recent laggard Germany. The U.S. grew at an ...
Generali Posts Profit Beat on Premiums Growth
Generali was expected to post a net profit of 2.80 billion euros, operating profit of 5.15 billion euros and gross written premiums of 70.26 billion euros, according to a company-compiled consensus.
Singapore Private Home Sales Surge to Near One-Year High
Singapore home sales surged to a nearly one year-high in October as falling interest rates continued boosting market sentiment. Private homes sales, excluding executive condominiums, jumped 84% in ...
Hyundai Motor Appoints First Foreign CEO as It Pushes Into North America — Update
Hyundai Motor appointed Jose Munoz as its new president and chief executive, making him the South Korean auto giant's first foreign leader as it seeks to expand into the U.S. Munoz, who heads Hyundai ...
Nissan Motor Becomes Activist Investor Effissimo's Next Prestigious Japanese Target
Shares in Nissan Motor soared on news of the stake, rising more than 20% at one point on Tuesday. They rose again on Friday when Japanese magazine Diamond reported that another activist investor, ...
EMEA Morning Briefing: Investors Parse Powell's Caution
"Now investors are looking back and analyzing what the actual impact of the election is, and they make their time to redo their portfolios and calls with the right sectors and international ...
Cathay Pacific Shares Rise on Plans to Repurchase $866 Million Worth of Bonds
Cathay Pacific Airways shares jumped after it said it plans to repurchase about US$866.20 million worth of convertible bonds, signaling positive shareholder returns.
NetEase Shares Soar on Strong Game Revenue Prospects Despite Earnings Miss
Shares of the Chinese videogame giant were 13% higher by midday Friday, on track for their biggest one-day percentage gain in more than two years. The stock remains about 3.6% lower this year. NetEase ...
Chinese Economy Still Struggling to Regain Momentum — Update
Official data showed that industrial production rose 5.3% in October from a year earlier, down from September's 5.4% year-over-year increase, the National Bureau of Statistics said Friday. The result ...