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Morgan Stanley Strategist Wilson Warns of Risk to Stocks as Yields Surge

(Bloomberg) -- US equities could face a tough six months ahead as Treasury yields surge and the dollar advances on worries about inflation, according to Morgan Stanley strategists.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing to Take Effect After Years of DelaysNYC Congestion Pricing Takes Effect After Years of DelaysDon’t Shrink the BusNYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueThe correlation between the S&P 500 Index and b

Northwest Europe Braces for Icy Weather as Gas Stocks Deplete

(Bloomberg) -- Freezing weather across northwest Europe this week will put further pressure on gas inventories, while the south and east of the region will be unseasonably warm.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing to Take Effect After Years of DelaysNYC Congestion Pricing Takes Effect After Years of DelaysDon’t Shrink the BusNYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueThe north of the UK is facing snow and ice warning

Exclusive-Chinese exchanges ask big fund managers to restrict stock selling, sources say

China's main stock exchanges asked some large mutual funds to restrict stock selling at the start of the year, three sources familiar with the matter said, as authorities sought to calm markets heading into a tricky period for the world's second-largest economy. At least four large mutual funds received calls from the Shanghai and Shenzhen stock exchanges on Dec. 31 and Jan. 2 and 3, asking them to buy more stocks than they sold each day. The guidance came as Chinese stocks kicked off 2025 with deep losses on worries that incoming U.S. President Donald Trump would impose hefty tariffs on Chinese goods, heaping more pressure on an already sluggish economy.

Analysis-Exodus by Wall Street banks from climate group worries advocates

U.S. lenders have been rushing in recent weeks to leave one of the world's top banking sector climate coalitions, drawing scorn from campaigners who worry the industry is losing resolve to take action on fossil fuels. Goldman Sachs broke ranks to announce on Dec. 6 it was leaving the Net-Zero Banking Alliance (NZBA) and was soon followed by Wells Fargo, Citi, Bank of America and Morgan Stanley. The exit of some of the world's biggest lenders means the NZBA, whose members aim to align their financing with the global climate fight, now includes just JPMorgan among the Big Six U.S. banks.

Alcoholic Beverage Stocks Slide in Asia on US Cancer Warning

(Bloomberg) -- Shares of Asian liquor and beer makers declined after the US Surgeon General outlined a direct link between alcohol consumption and heightened cancer risk, and called for warning labels.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing to Take Effect After Years of DelaysNYC Congestion Pricing Takes Effect After Years of DelaysNYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueNYC Congestion Pricing Cleared by Judge for Su

Japan stocks look set for new highs in 2025 on earnings, reforms

(Bloomberg) -- Japanese stocks are poised to reach new record highs in 2025, driven by corporate governance reforms and robust earnings, according to equities strategists.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing to Take Effect After Years of DelaysNYC Congestion Pricing Takes Effect After Years of DelaysNYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueNYC Congestion Pricing Cleared by Judge for Sunday LaunchAfter a roller coas