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Buying This Dip Is Better Than Cash, BNY Mellon Wealth CIO Says

(Bloomberg) The US stock market’s retreat from all-time highs set late last month is giving investors parked in cash an opening to buy in, according to Sinead Colton Grant, chief investment officer of BNY Mellon’s wealth management arm.Most Read from BloombergElon Wants His Money BackDubai Grinds to Standstill as Flooding Hits CityIsrael Reported to Have Launched Retaliatory Strike on IranNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemRecord Rainfall in Dubai? Blame ....

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L'Oreal Gains Cap Third Week of Declines for European Stocks

European stocks declined for a third straight week due to geopolitical tensions and worries about higher-for-longer interest rates. L’Oreal SA rallied after better-than-expected quarterly sales. ....

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US Futures Recover as Iran Strikes Seen Contained: Markets Wrap

(Bloomberg) — US equity futures clawed back most of their early losses, while the bid for haven assets unraveled after Iranian media appeared to downplay the impact of Israeli strikes. Oil switched to a decline, wiping out an earlier sharp jump that took the price of Brent crude above $90 a barrel. Treasury yields retraced… ....

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