Europe stocks close higher after Wall Street open; Geberit surges 6%

European markets closed slightly higher on Thursday, as investors monitored recent gains from Wall Street. The pan-European Stoxx 600 closed provisionally almost 0.2 percent higher, with most sectors and major indexes in positive territory. Technology stocks were among the gainers Thursday, up 1.4 percent amid corporate earnings news. A flurry of brokerages upgraded their stock […]

Stocks are now in ‘complete bitcoin territory,’ asset manager says

Asset management firm Fasanara Capital compared stock valuations to bitcoin in that “it is totally disconnected from fundamentals,” its chief executive told Impending tipping point for markets is due to a synchronicity of enterprise overvaluation, high indebtedness, low cash balances and a drawback in public flows Still, a major selloff hasn’t arrived, and many market-watchers continue to celebrate […]

Cramer’s charts suggest Amazon, Alphabet, Netflix and Nvidia’s stocks might be about to pull back

“Mad Money” host Jim Cramer examined the tech titans’ weekly stock charts to determine if it’s time for investors to take some profits. With the help of technician and “Fibonacci Queen” Carolyn Boroden, Cramer took the temperature of the red-hot stocks to see whether they could hold onto their gains. As the bank- and health-care-led […]

Asian stocks decline following Wall Street reversal; bitcoin nurses losses

Asian markets traded lower after Wall Street closed in negative territory Japan core machinery orders topped expectations Bitcoin and other cryptocurrencies pared some losses after tumbling earlier The dollar index resumed its decline while the euro inched higher Asian markets traded in negative territory early on Wednesday after Wall Street reversed a triple-digit point gain […]