Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.Marketsread more
The U.K. prime minister prepares to meet his German and French counterparts this week.Europe Politicsread more
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
Ahead of the deadline, U.S. President Donald Trump told reporters that Huawei was a national security threat.Technologyread more
Baidu is gearing up to release its second-quarter earnings on Monday with the market expecting a sharp decline in profit.Technologyread more
Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
Stocks in Asia rose on Monday as U.S. Treasury yields bounced higher after plunging last week.Asia Marketsread more
The problem with tanking equities lies elsewhere, writes Michael Ivanovitch, because traders see no end to America's unfolding trade disputes with Europe and China.World Economyread more
Beijing wants to use reforms to support a slowing economy.China Marketsread more
Trump said Cook made a "good case" that it would be difficult for Apple to pay tariffs, when Samsung does not face the same hurdle because much of its manufacturing is in...Technologyread more
The yield on the benchmark 10-year Treasury note briefly fell below the 2-year rate on Wednesday, a phenomenon in the bond market known as yield curve inversion, which is...Marketsread more
The bounce in both oil futures and stocks, which started with an abrupt intraday reversal a week ago, has many on Wall Street calling it a short-term bottom. But deeper market analysis shows the rebound was driven mostly by short covering, and could indicate the rally will lose steam due to lack of true buying interest.
The average stock in the S&P 500 had a short position of 3.43 percent Wednesday, surpassing the 2011 peak of 3.19 percent and hitting highs not seen since March 2010, according to Markit. With stocks moving in lockstep with oil, it is no surprise that crude futures also have an all-time high net short position.
Energy stocks have the greatest amount of money bet against them, as short interest increased across all 10 S&P 500 sectors, Bespoke Investment Group said Thursday. GameStop, Chesapeake and Transocean have the greatest percentage of short interest among individual stocks, the data showed, while utilities and financials had the lowest level of shorts.
Expectations are that the level of short interest could soon rise to new records, a negative sign for the market, traders said.