Results for “52-point 24-rebound”

"I'm not going to sign up to the two-and-done point," Bank of England Governor Andrew Bailey says when asked if a second interest-rate increase is on the cards following Thursday's decision to hike. "Absent a resolution of the conflict in the Middle East, and I think I put this in my commentary in the minutes, I could see the case for a further 25 [basis points]," Bailey says at a news conference in London. (Source: Bloomberg)

“Probably it’s an insurance move,” says Geoffrey Yu, senior market strategist at BNY, as the Bank of England voted 8-1 to raise rates by a quarter point. He sees the messaging “not envisaging further moves” by the central bank’s Monetary Policy Committee. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

The Bank of England raised interest rates by a quarter point to 4%, while warning inflation is on track to hit almost 5% next year and signaling another hike is on the cards. Bloomberg's Caroline Hepker reports. (Source: Bloomberg)

The Bank of England looks ready to raise interest rates by a quarter point to 4%, its first hike in more than three years. Ana Andrade of Bloomberg Economics has a preview of the decision. (Source: Bloomberg)

Investors are looking for reassurance on longer term earnings stability from Sony Group Corp. to help extend the nascent rebound in its shares.

US stocks are primed for a year-end rebound as the midterm election removes a source of uncertainty, corporate earnings remain resilient and lackluster investor positioning leaves room for renewed buying, according to Citadel Securities’ Scott Rubner.

A Democratic sweep of Congress rippled across global markets, with stocks fluctuating while the dollar fell and Treasuries gained on bets the outcome will put the brakes on President Donald Trump’s agenda. Futures for the S&P 500 rose 0.2% while those for the Nasdaq 100 gained 0.3%. Both fell earlier before buyers stepped in. The dollar weakened against major peers, while 10-year Treasury yields fell three basis points to 4.93%. Europe’s Stoxx 600 climbed 0.6% and a gauge for Asian equities was little changed. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)

As early results from the US midterm elections started to point toward a decisive win by Democrats, shares of prominent Republican-backer Elon Musk’s companies Tesla Inc. and Space Exploration Technologies Corp. dropped in after-hours trading.

Chilean pension funds saw returns rebound in October as a drop in US yields narrowed losses on massive interest-rate swap positions that have sparked anger from politicians and undermined faith in the system among savers.

US stocks may be poised for a year-end rebound as favorable seasonality and low hedge fund positioning set the stage for a potential rally after Tuesday’s midterm elections, according to UBS Securities.

Point AI at the grid, water and health costs instead.

Closely followed oil strategist Jeff Currie says it’s time to cash in on gains that crude has seen this year, but that the structural supercycle is still intact.

Pakistan’s soaring stock market, record foreign reserves and improving credit ratings are signaling an economy on the mend. Beneath the surface, the recovery remains far less convincing.

The U.S. commercial business brought in more money than the U.S. government segment in the third quarter.

US manufacturing activity picked up in October as the Institute for Supply Management’s manufacturing index rose one point to 55.5, the second-highest reading in more than four years. The production gauge notched its best reading since late 2021, data out Monday showed. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)

Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day than "Bloomberg Surveillance." (Source: Bloomberg)

Reliance on Qatari LNG has been a disaster for Bangladesh’s textile manufacturers, who risk losing orders to international competitors.

Morgan Stanley’s chief stock-market strategist, Mike Wilson, said the midterm elections are a classic “clearing event” whose outcome at this point doesn’t really matter.

Spirit Halloween's best year, America's love for the giant skeleton decoration, the Cheesecake Factory says the look is the point, and Cheerios introducing a ziploc-sealed bag: Join Nathan Hager, David Gura and Lisa Mateo for a roundup of headlines you may have missed, but gotta see. (Source: Bloomberg)

Experts point to well-publicized turmoil at the government agency last year as a potential spark.

The company built a juggernaut by “tuning into what mainstream America likes,” its longtime designer said.

Fed chair Kevin Warsh said politics played no role in pause of interest rate hikes, despite inflation remaining above 3% The US Federal Reserve left interest rates unchanged on Wednesday during its last board meeting before the midterm elections, keeping rates at one of the highest pre-election levels seen in over 20 years. Two out of 12 board members voted against the pause, preferring to raise rates by a quarter point this meeting, the Fed board said in a statement. Continue reading...