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Wall Street rallied a little, following an air pocket caused by a massive purchase of S&P500 puts, which forced the market maker to hedge by selling a large number of S&P ETFs, sending the index down...
Appetite in European stocks waned yesterday, yet the US counterparts recovered Wednesday losses and closed the session more than 1% higher as the latest growth data was revised slightly lower to 4.9%, real consumer spending was revised down from 3.6% to 3.1%, corporate profits from above 4 to 3.7%. Else, jobless claims came in lower than expected and the Philly Fed index printed a sharper contraction in December. All in all, the data pointed at a certain slowdown – except for the jobless claims – but the numbers looked strong in absolute terms: that’s about everything that the soft-lande...
The Paris Bourse is set to open lower on Thursday morning, with investors cautious following Wall Street's sharp decline the previous day and ahead of the publication of numerous economic indicators...
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