The major U.S. benchmarks are spiraling for a second straight day, as the 10-year Treasure yield hovers near a three-year peak, and healthcare stocks spiral. But while steel name AK Steel Holding Corporation (NYSE:AKS) sinks alongside the broader stock market, biotech Achaogen Inc (NASDAQ:AKAO) and healthcare technology firm Cerner Corporation (NASDAQ:CERN) are both in positive territory. Here's a...Read More

The spate of Christmas trading updates from the retailers has dried up so attention switches to macroeconomic events, specifically US interest rates.Having said that, the first Federal Reserve policy meeting of 2018 is expected to be one of the more uneventful Federal Open Market Committee (FOMC) meetings in some time.The likelihood of a hike on Wednesday evening is near zero, and the fact that th...Read More

Last week, 52% of Nasdaq-100 Index (NDX) stocks hit a new 52-week high. There have been just two other times in history when more than half of NDX components notched an annual peak in one week, and both signals preceded short-term pullbacks for the index. So, was this week's steep stock market drop in the cards for the Nasdaq-100 and its sector peers? The sample size is small, of course, but below...Read More

By Chijioke OhuochaLAGOS, Jan 30 (Reuters) - India's largest telecoms operator, Bharti Airtel does not see much value in buying debt-laden Nigerian rival 9mobile and withdrew from submitting a firm bid before the deadline, two industry sources with knowledge of the deal told Reuters.Barclays Africa is examining takeover bids from prospective buyers for 9mobile. However, a deal may take a few month...Read More

PARIS, Jan 30 (Reuters) - * Euronext said on Tuesday it will extend its Large-in-Scale (LIS) trade facility to commodity futures in response to interest in block trades.* Euronext's most active commodity futures contracts, wheat and rapeseed, will be available on LIS Trade, while block trades will be made available for a wide range of Euronext commodity futures contracts. These will include minimu...Read More

* GRAPHIC-2017 asset returns: * LME/ShFE arb: * LME nickel stocks vs LME benchmark nickel: (Adds closing prices, adds graphic)By Zandi ShabalalaLONDON, Jan 30 (Reuters) - Nickel came off two-year highs on Tuesday as investors booked profits from a rally that was supported by a low dollar and an improving demand and supply outlook.Benchmark LME nickel ended 3.3 percent lower at $13,350 ounces. The...Read More

Alex Lightman, chief executive of TokenCommunities Plc, and Daniel Taylor, chief executive of Stars Group chat to Proactive's Andrew Scott about their plans to bring football and Blockchain together.Taylor says they're looking to introduce the STARS token for the use in the purchase of merchandise as well as ticket sales and inner-group player transfers.  Meet Reward Minerals Ltd, Recce Ltd,...Read More

(Kitco News) - Gold and silver markets could not hold modest early gains and were ending the U.S.day session weaker Tuesday, on some follow-through selling from Monday's losses.A weaker U.S. dollar index limited selling pressure in the metals. However, theUSDX was well up from its overnight low during the U.S. day session. Lowercrude oil prices today also weighed on the precious metals markets. Ap...Read More

(Kitco News) - Gold and silver markets could not hold modest early gains and were ending the U.S. day session weaker Tuesday, on some follow-through selling from Monday's losses. A weaker U.S. dollar index limited selling pressure in the metals. However, the USDX was well up from its overnight low during the U.S. day session. Lower crude oil prices today also weighed on the precious metals market...Read More

By Francesco CanepaFRANKFURT, Jan 30 (Reuters) - The European Union agency in charge of winding down failing banks is seeking external help to improve its image, tarnished by criticism of its handling of three collapsing lenders and of its preparedness for the task.Launched in 2014 to end an era of bank bailouts, the Single Resolution Board came under fire last year for deciding not to intervene i...Read More

* U.S. consumer confidence increases 2.3 points in January* House prices rise 6.4 percent in November from year ago WASHINGTON, Jan 30 (Reuters) - U.S consumer confidence rebounded in January and house prices increased further in November, suggesting that a recent acceleration in consumer spending was likely to be sustained despite sluggish wage growth.Robust consumer confidence and rising househ...Read More

* Dow posts biggest intraday point drop since May 17* Rising bond yields weigh; Fed meet, Trump speech eyed* Health stocks hit by Amazon, JPMorgan, Berkshire team-up* VIX hits highest level since August 2017* Indexes down: Dow 1.26 pct, S&P 0.97 pct, Nasdaq 0.81 pct (Updates to early afternoon)By Tanya AgrawalJan 30 (Reuters) - Rising bond yields and a sell-off in healthcare shares sent the U....Read More

(Adds detail from news conference)By David MillikenLONDON, Jan 30 (Reuters) - The Bank of England is turning its focus back to the more conventional business of bringing down inflation as Britain's economy showed it was getting over the damage wrought by the 2007-09 financial crisis, Governor Mark Carney said on Tuesday.Little more than a week before the BoE gives its latest assessment of the eco...Read More

(Repeats to additional clients; no change in text.)By Michelle MartinBERLIN, Jan 30 (Reuters) - The far-right Alternative for Germany (AfD) won't be able to thwart government plans to spend on refugees or possible euro zone bailouts, even if it holds the chair of the powerful parliamentary budget committee, its candidate for that position said.The AfD has nominated Peter Boehringer, a critic of e...Read More

(Adds executive comment on competition, tax savings)By Lisa Baertlein and Siddharth CavaleJan 30 (Reuters) - McDonald's Corp on Tuesday reported robust U.S. fourth-quarter restaurant sales, boosted by new buttermilk chicken tenders and low-price food, but that was not enough to match Wall Street's increasing appetite for growth.Investor expectations are high three years into a turnaround led by C...Read More

By Ben MartinLONDON, Jan 30 (Reuters) - Augmentum Management, a Lord Rothschild-backed British venture capital firm, is planning to raise as much as 125 million pounds ($176.75 million) from a London stock market listing to put towards a new fund, according to a person familiar with the matter.The fintech-focused business is working with Fidante Capital on the listing that could take place as soon...Read More

Cobalt prices have been one of the main beneficiaries of the scramble for battery materials by auto manufacturers.The metal quoted on the LME recently topped $80,000 a tonne, a gain of 140% since the beginning of last year. Measured from its record low hit in February 2016, the metal is more than $50,000 more expensive.Negotiating a price for a streaming deal could be complicated by the limited si...Read More

Miles Campion and Laurence Read, executive directors at Ferrum Crescent Ltd (LON:FCR), discuss with Proactive's Andrew Scott the maiden JORC resource at their Toral zinc-lead project in Spain.The resource comes in at 16mln tonnes of ore grading 6.9% zinc equivalent, including lead credits, and 25 grams per tonne silver.In terms of metal that amounts to 670,000 tonnes of zinc, 540,000 tonnes of lea...Read More

By Karin StroheckerLONDON, Jan 30 (Reuters) - International asset managers appear unfazed by Washington's move to name a group of business "oligarchs" as close to the Kremlin, with many saying on Tuesday that they were seeking an opportunity to add to their Russia exposure.The list compiled as part of a sanctions package signed intolaw in August named 210 people close to the Kremlin. The...Read More

Activision Blizzard, Inc. (NASDAQ:ATVI) has had a solid start to the new year, boosted by the inaugural season of the Overwatch League. If past is precedent, ATVI could have even more room to run in the short term. Heading into Super Bowl weekend and a new month, we looked at the video game stock throwing up two significant "buy" signals. ATVI Stock Historically Hot After Super Bowl According...Read More