Mark Haefele of UBS Global Wealth Management explains why the bank is currently underweight Chinese stocks and the currency despite pockets of opportunities in certain sectors.
Treasuries advanced in their first trading session since Donald Trump’s inauguration as US president, underscoring relief on ...
On a weekly basis, Wall Street's main indexes are set for their second straight week of advances, with the blue-chip Dow on ...
US equity futures dipped after the S&P 500 also closed on the brink of record peak, propelled by optimism over artificial ...
Another prominent billionaire won't attend Trump's big day -- Warren Buffett. And while many large companies (notably ...
Nine of the 11 primary S&P 500 sectors ended in green, with consumer discretionary and technology leading the gainers by going up 1.71 percent and 1.65 percent, respectively. Meanwhile, health and ...
Stocks took a breather on Thursday, stalling a three-day rally that had taken US and European stocks to within striking ...
Stocks took a breather on Thursday after gains since President Donald Trump’s inauguration had taken European and US benchmarks close to record highs.
He also targeted certain countries for more tariffs, especially China. However ... UBS chief investment officer Mark Haefele acknowledged the possibility, stating there's a risk that "trade ...
"We still believe that 2025 could be a story of two halves, with dollar strength in the first half of the year, and a partial or full reversal in the second one," said Mark Haefele ... where the ...