Stock market today: Asian markets are mixed, Shanghai falls as Fitch lowers China's rating outlook

Shells Considering Switching ‘Undervalued’ Listing to New York

The UK’s most valuable company is considering leaving the “undervalued” London stock market for New York, a move that could be detrimental to Britain’s financial services sector. Former and current Shell bosses have signalled that switching the company listing to the New York Stock Exchange (NYSE) was not off limits. Commenting on the gap between stock market valuations for the London-listed Shell and its NYSE-listed rivals, such as Exxon Mobil …

Cattle markets bouncing off oversold condition

Cattle markets “have taken back a portion of their losses that come in the wake of last week’s news,” The Hightower Report said. “Fund liquidation has quieted down” after the bird flu scare last week and while the trend is…

How an election-packed 2024 is shaping up for world markets

In an election-packed year, markets have so far shrugged off results, with the focus squarely on the one contest that could reverberate across everything from international trade to emerging market debt: the US presidential race in November.

Yen dips to 152 against dollar on U.S. inflation, raising intervention risk

TOKYO -- The yen hit the psychologically important 152 level against the dollar on Wednesday following U.S. inflation data, creating the potential for

Investors Dump Renewable Energy Funds Amid U.S. Policy Uncertainty

Uncertainty about the pace of renewable energy growth with the U.S. presidential election approaching has pushed investors to withdraw money from funds invested in renewables stocks—so much that these funds booked the biggest quarterly withdrawal ever in the first quarter of the year. Exchange traded funds that invest in stocks of renewable energy firms saw a combined outflow of $4.8 billion during the first quarter, according to LSEG Lipper dat…

Futures Higher Ahead Of CPI Inflation Report

Stock Market Today: Dow Jones futures rose ahead of a key inflation report. TSMC rallied on a revenue jump in the first quarter.