Investors are piling into global stocks, emerging markets and commodities, as a more-optimistic outlook on trade and growth fuels a renewed appetite for comparatively risky assets
By Ira Iosebashvili and Amrith Ramkumar Nov. 10, 2019 5:00 am ET Investors are piling into beaten-up assets from commodities to emerging-market stocks, powering a broad rally that reflects a brightening outlook for the global economy.
Coupled with a climb in U.S. shares that has pushed major indexes to fresh highs, the moves highlight investors’ sudden optimism after months of caution. Since the world’s two-largest economies agreed on initial steps toward a trade deal last month, emerging-market stocks and oil have each risen about 7%, followed closely by European shares. Oil and stock benchmarks for the U.S., Europe and emerging markets are on pace to all climb at least 10% in the same year for the first time since 2009.
Even within U.S. stocks, some investors are favoring so-called cyclical areas more tied to the economy that have become cheaper than fast-growing sectors like technology. The financial and industrial sectors have been the S&P 500’s best performers in the past month.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Publishing Briefs: Peermusic U.K. Signs With Under The Apple Tree, Universal Music Publishing Nashville Nabs Justin Ebach and MoreA list of the latest moves in publishing, including Peer Music U.K. signing with Under The Apple Tree, Universal Music Publishing Nashville signing Justin Ebach and more.
Read more »
Home Page - MarketWatchMarketWatch provides the latest stock market, financial and business news. Get stock market quotes, personal finance advice, company news and more.
Read more »
New 'Purge' Thriller Finds Its Male Lead With 'Narcos: Mexico' Actor (Exclusive)Exclusive: Tenoch Huerta, perhaps best known for work on NarcosMexico, has nabbed the male lead opposite Ana de la Reguera (ADELAREGUERA) in the latest Purge horror thriller
Read more »
What is the illiquidity premium?A primer on the rewards and hazards of investing in hard-to-trade assets
Read more »
Protests expected at Hong Kong shopping malls one week after violent clashHong Kong protesters suggested they could hold rallies at a several major shoppi...
Read more »