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Volatility grips stocks as FTSE bleeds £50bn

Volatility grips stocks as FTSE bleeds £50bn

Business
US stock markets remain volatile following a violent correction in values that has hit financial markets across the world.After the Dow Jones Industrial Average suffered the biggest one-day points loss in its 122-year history on Monday, stocks in Asia and Europe took further hits on Tuesday.The FTSE 100 opened 3.5% lower but recovered some of those losses by the close. It ended the day 2.6% - or 193 points - down at 7141. That marked its lowest closing level since April last year.Image:Hong Kong's Hang Seng Index was not immune to the world correctionIt meant that almost £50bn of value was erased following a £27bn hit in the previous session, while other major European bourses fell in similar fashion.:: Why stock markets are tumbling across the globeShare price falls this month have been l
Oil Stocks: What to Watch in 2018

Oil Stocks: What to Watch in 2018

Finance
It seemed like every day in 2017 was full of despair for oil investors, as morning after morning went by with oil prices stubbornly stuck around $ 50/barrel. Then, toward the end of the year, prices began rising, and with it, hopes for -- finally! -- an industry turnaround.Now, it looks like every day in 2018 is going to be a nail-biter for oil investors as they check to make sure the price of oil doesn't start heading back down again. Here's what savvy investors will want to keep an eye on in 2018 as they look into independent oil and gas drillers like ConocoPhillips (NYSE: COP) , refiners like HollyFrontier (NYSE: HFC) , and integrated majors like ExxonMobil (NYSE: XOM) .The stock market seems to finally be rewarding oil stocks as oil prices move ...
Bill Miller: A rush out of bonds is about to 'propel stocks significantly higher'

Bill Miller: A rush out of bonds is about to 'propel stocks significantly higher'

Finance
Hedge fund manager Bill Miller warned clients that a rush out of bonds is about to "propel stocks significantly higher.""I believe that if rates rise in 2018, taking the 10-year treasury above 3 percent, that will propel stocks significantly higher, as money exits bond funds for only the second year in the past 10," Miller wrote in a letter dated Jan. 23. "Bonds, in my opinion, have entered a bear market, but one that is likely to be benign for the next year or so."Miller founded Miller Value Partners in 2016 after 35 years as a manager at Legg Mason. There, he managed a fund that beat the S&P 500 for 15 consecutive years through 2005.Given the positive outlook on global economic growth and "partially" appreciated tax cuts, Miller now forecasts an end to the great bull market in bonds....
3 Stocks the World's Best Investors Are Buying Right Now

3 Stocks the World's Best Investors Are Buying Right Now

Finance
There's a reason some investors have risen to the top of their field. Whatever their respective stock-picking criteria are, they stick to them, and their successful track records justify their positions as world-class investors.Three stocks some of the world's best investors are buying now are smartphone behemoth Apple (NASDAQ: AAPL) , pharma giant Gilead Sciences (NASDAQ: GILD) , and health-insurance mainstay UnitedHealth Group (NYSE: UNH) .Image source: Getty Images.More than just iPhonesTim Brugger (Apple): Warren Buffett shunned tech stocks for years, but to his credit, he's since opened both his mind and his checkbook to sound growth opportunities regardless of industry. Based on the 134 million shares now in his portfolio, Apple meets his investment...
How to Invest in Travel Stocks

How to Invest in Travel Stocks

Finance
Worth an estimated $ 2.3 trillion last year, the global travel and tourism market is one of the biggest industries in the world. As standards of living around the world have improved and travel has become cheaper, the industry has steadily expanded as more people have money to spend on discretionary trips and tourism. Traveling internationally is much more affordable than it once was, and the number of international tourist arrivals more than doubled from 2005 to 2015 to 1.19 billion. While the industry is steadily growing, travel companies and stocks tend to be macroeconomically sensitive as tourism is dependent on discretionary spending, and recessions or global crises like 9/11 can crush the industry.Investors in travel stocks will want to focus on one or more...