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China cuts car tariffs; Zuckerberg in Brussels; Italy's new candidate
1. China cuts car tariffs: China announced Tuesday it will cut import tariffs on passenger cars from 25% to 15%, its latest step to further open its huge economy. The move, which the Chinese Finance Ministry said will take effect in July, fulfills a ...

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Why Stocks Don't Reflect Improving Economy and Earnings
The performances of the Dow and the S&P suggest the improvement in economic and corporate fundamentals has been accompanied by a derisking illustrated most vividly by the decline in market price-to-earnings ratios. Indeed, among the three most widely ...
Why Stocks Don't Reflect Improving Economy and Higher EarningsBloombergQuint

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NZ dollar holds overnight gains as markets still cheered about improving US-China relations
The trade-weighted index advanced to 72.79 from 72.50. The local currency rallied after US-China trade tensions dissipated, holding those gains Tuesday in Asian trading and traders say it could head toward 70.50 US cents in the short term, depending on ...

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It Was an Unlucky Week to Throw $8.8 Billion at the Stock Market
The Nasdaq 100 Index fell 1.2 percent, while the Russell 2000 Index advanced 1.2 percent. Even as the the S&P 500 fell for the week, the market breadth kept improving, as the number of stocks reaching a 52-week high rose to the highest since late ...


Dow's win streak comes to a halt as stocks see biggest skid in 3 ...
U.S. stocks fall firmly on Tuesday, with a lengthy winning streak for the Dow coming to an end as a benchmark government bond yield jumps to a multiyear high, ...
UPDATE: Dow's win streak imperiled as 10-year government debt rate rises to fresh peakMorningstar.com

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It Was an Unlucky Week to Throw $8.8 Billion at the Stock Market ...
One week doesn't make a market cycle. Investors who just poured almost $9 billion into U.S. equities can take comfort in that. Not that this was such a bad one.
Stocks inch down, post weekly losses with trade talks, yields in the ...MarketWatch

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An indicator that's '90% accurate' suggests hidden strength in the stock market
The U.S. stock market may feel particularly risky right now, as major indexes have been volatile throughout 2018 and there are a number of headwinds that investors are monitoring, but things may not be as bad as they seem. ... The improving A/D line is ...

Market ends higher on bargain hunting
Business Standard
The barometer index, the S&P BSE Sensex, rose 35.11 points or 0.10% to 34,651.24, as per the provisional closing data. The Nifty 50 index rose 20 points or 0.19% to 10,536.70, as per the provisional closing data. ... and a temporary drop in the sales ...

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Financial Times

FTSE 100 breaks records in march to 8000
Financial Times
Regular tracking of the best performing sectors across the FTSE 350 — the combination of the blue-chip index with the mid-cap FTSE 250 — carried out by Liberum finds that over the past three months, the oil and gas sector is in pole position, racing ...

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Philly Fed manufacturing index rises to 34.4 in May — its strongest ...
The numbers: The Philadelphia Fed manufacturing index jumped to 34.4 in May from 23.3 in April, the regional district of the central bank said Thursday.

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