Stocks Slip on Concerns Rally Was Overly Exuberant
The Dow Jones Industrial Average slipped Friday, on pace to end a streak of six consecutive record closes.
Conference Board's Leading Indicators Index Rises Again
The Conference Board's leading economic index jumped again in January, a sign that the U.S. economy could continue growing in the first half of this year.
Worst Gasoline Glut in 27 Years Could Be Oil Rally's Nemesis
A gasoline glut brought on by drivers buying less at filling stations is emerging as one of the biggest threats to the yearlong oil-price rally.
For Winning Bets in Europe, Look to China
Europe's economy is gaining strength, but its rallying stock markets may say as much about momentum in China. Shares of European companies with the tightest links to the Chinese economy have significantly outperformed their peers.
Turkey's Sovereign Wealth Fund Seeks International Investors
Turkey's newly created sovereign-wealth fund is conducting a valuation process of its blue-chip state enterprises as part of a planned drive to attract more overseas investment, the fund's director said.
Oil Slips as U.S. Crude Stocks Rise
Crude futures eased, caught between larger-than-expected growth in U.S. crude stocks and reports that the OPEC could consider extending its production cuts beyond the six-month deal.
Brazil's Current-Account Deficit Widens in January
Brazil had a $5.1 billion current-account deficit in January, compared with a deficit of $5.9 billion in December, the central bank said Friday.
European Hedge Funds Fall Behind U.S. Peers
Europe's hedge-fund managers are struggling. The continent's $545 billion industry is finding it tough to make money in lackluster stock markets and against the backdrop of central-bank stimulus.
Defaults Slash Returns for Online Loan Investors
For online lenders, 2016 was an arduous year marred by layoffs, executive departures and falling share prices. For the funds that purchased their loans, it wasn't much better.
French Bonds Sell Off Continues as Le Pen's Odds Shorten
Government bonds in France and southern Europe sold off again, with fresh official data showing that foreign investors continue to dump French debt ahead of the country's presidential election.