Gold Silver Reports – U.S. stocks ended mixed Thursday, as industrial and tech gains were offset by losses in the consumer and energy sector. Ten-year Treasury yields steadied after briefly sinking below 2.80 percent as traders look forward to next week’s Federal Reserve policy decision.
Investors Pare Back $1 Trillion Bond Bet
Gold Silver Reports (GSR) – Across fixed income, credit funds stand out as suffering persistent outflows over the past three months, according to Societe Generale SA. That’s after money managers helped to swell assets fourfold to more than $1 trillion since 2010, according to the bank. The change in sentiment may be a turning point for a type of debt that became a must-have during an era of easy-money policies.
Asia Stocks Face Mixed Friday; Dollar Strengthens: Markets Wrap
Gold Silver Reports (GSR)- This week’s rally in Asian stocks looks set to ebb as Friday trading gets under way as weak volumes in the U.S. session gave little impetus for traders ahead of next week’s Federal Reserve meeting. The dollar climbed.
On Bleak Day, Pipeline Operators Say Tax Policy Is No Big Deal
Gold Silver Reports (GSR) – On the worst stock-market day for U.S. pipeline operators in two years, Wall Street analysts and pipeline insiders saw reason to smile. – A Federal Energy Regulatory Commission’s ruling that master-limited partnerships should no longer receive credit for income taxes they don’t actually pay is a lot more narrowly focused than the day’s selloff suggested, they say.
Himadri Speciality Chemical Rises On Investment Plan
Himadri Speciality Chemical Rises On Investment Plan — Shares of the Kolkata-based chemical maker rose as much as 4.16 percent to Rs 159.10 after it informed exchanges that it will invest Rs 1,000 crore to expand its carbon black business.
Suzlon Energy Gains On Commissioning Solar Projects
Gold Silver Reports (GSR) – Suzlon Energy Gains On Commissioning Solar Projects — Shares of the Pune-based renewable energy firm rose as much as 2.3 percent to Rs 11.71 after it informed exchanges that it commissioned solar projects to the tune of 340 megawatts.
Binani Industries Gains On Reports Of Dalmia’s Winning Bid For Cement Unit
Gold Silver Reports (GSR) – Binani Industries Gains On Reports Of Dalmia’s Winning Bid For Cement Unit — Shares of Mumbai-based company were locked in a 5 percent upper circuit at Rs 101.65 after most creditors of its cement unit, which is being sold under the country’s insolvency process, will support the bid by an investor group backed by Bain Capital, people with knowledge of the matter said.