Big tech sold off in late hours after Meta Platforms Inc.’s disappointing outlook raised concern on whether the artificial-intelligence euphoria that has powered the bull market has run too far.
Chinese stocks gained Monday as renewed regulatory support from Beijing shielded the market from a broader selloff hitting Asia.
Chinese stocks gained Monday as renewed regulatory support from Beijing
European stocks are on track to race ahead of Wall Street, with exporter shares in high demand as the continent’s major currencies dropped against a US dollar standing tall on bets the US Federal Reserve will keep interest rates high. Europe’s broad Stoxx share index, rose 1.1 per cent on Friday morning as a weak […]
Dow Jones futures rose solidly early Monday, along with those of the S&P
U.S. stocks slumped after higher yields in the bond market cranked up the pressure on Wall Street. The S&P 500 fell 1.2% Monday. The Dow Jones Industrial Average slipped 0.7%, and the Nasdaq composite dropped 1.8%. Stocks had been up earlier in the day, rising as oil prices eased. But Treasury yields also spurted higher following the latest report on the U.S. economy to blow past expectations. Financial markets are in an awkward phase where such strength raises hopes for growing profits at...
Gold & The Dollar Surged This Week, Stocks & Crypto Purged As Reflation & WW3-Risk Wreck Rate-Cut Hopes Inflation fears/promises/threats were realized this week with CPI and PPI hot (yes PPI) and UMich infl exp rising too. Inflation data has been surprising to the upside all year and growth data not so much Source: Bloomberg and that rising inflation expectation wrecked the hopes and dreams of the doves this week, smashing expectations for The Fed to less than two total cuts in...
Wendy's could become the best stock to create passive income for uncertain investors this cycle. Double-digit upside at an industry discount made Goldman sniff
The Dow Jones Industrial Average snapped a four-day winning streak after Boeing's first-quarter results.
AI stocks extend well beyond Nvidia. Data software players like MongoDB,
The main indexes temporarily tumbled after Fed Chair Powell said interest rates could stay higher for longer.
US stocks searched for direction on Tuesday as the Dow looked to snap a