Asian Stocks Edge Lower After U.S. Rally Ebbs

Gold Silver Reports (GSR) – Asian Stocks Edge Lower After U.S. Rally Ebbs — Indexes fell in Japan, Australia and South Korea in a muted start to Tuesday trading. Despite gains in technology stocks driving U.S. equities higher on Monday, the S&P 500 Index erased about two-thirds of its advance amid news the FBI conducted a raid at the office of President Donald Trump’s longtime lawyer, Michael Cohen. Treasuries pared losses and oil rebounded from the declines on Friday.                                  

Read More →

Jet Airways Rises On Buying 75 Planes From Boeing

Jet Airways Rises On Buying 75 Planes From Boeing – Shares of the Mumbai-based airline operator rose as much as 3.2 percent to Rs 632.55 after it agreed to buy 75 Boeing 737 Max aircraft to help meet growing demand in the world’s fastest growing major aviation market.            

Read More →

Goldman Sachs Sees Equity Volatility Spillover

Gold Silver Reports (GSR) – Goldman Sachs Sees Equity Volatility Spillover — Strategists led by John Marshall observed that “a large number” of S&P 500 hedges expired over the past three weeks, leaving the average investor more exposed to stock swings. Meanwhile, the Cboe Volatility Index almost doubled in the first quarter as concerns over global trade tensions and the Federal Reserve’s monetary policy stirred up market turbulence. The options gauge, known as VIX, jumped 20 percent to 23.89 as of 12:11 p.m. in New York.

Read More →