FTSE 100, FTSE 250 fall over 1% Banks decline for second straight session Ocado slumps as US partner Kroger closes robotic warehouses Imperial Brands rises after beating profit forecast Nov 18 (Reuters) – London stocks fell on Tuesday with financials extending losses, while global markets remained wary as fading hopes of a Federal Reserve interest…
ORLANDO, Florida, Nov 18 (Reuters) – Warnings about Wall Street’s excessive optimism, concentration risk, and frothy valuations have fallen on deaf ears for most of this year, leaving market-watchers wondering what, if anything, will cool the tech and artificial intelligence frenzy. It turns out that it could end up being a plain old-fashioned shift in…
U.S. futures trade either side of flat JGBs under pressure ahead of 20-year auction Nvidia earnings due after market close SINGAPORE, Nov 19 (Reuters) – Asian markets struggled to make headway on Wednesday as a bout of nerves over AI valuations held back investors ahead of an earnings update from chip titan Nvidia (NVDA.O), opens…
ORLANDO, Florida, Nov 18 (Reuters) – The tech-induced selloff across global stocks accelerated on Tuesday and soft U.S. labor market indicators also weighed on Wall Street, while fiscal worries in Japan helped drag Japanese stocks, bonds and the yen lower. More on that below. In my column today I look at what helped trigger this…
Nvidia’s quarterly report on Wednesday seen as pivotal for AI trade September jobs release on Thursday first key post-shutdown data S&P 500 breaks below 50-day moving average, VIX hits one-month high NEW YORK, Nov 18 (Reuters) – The biggest U.S. stocks pullback in months is fraying investors’ nerves ahead of tests to two underpinnings of…
Stocks fall as investors await U.S. economic data Japan’s PM Takaichi to meet BOJ governor as markets speculate on rates Fed rate-cut expectations decrease despite U.S. economic weakness SYDNEY, Nov 18 (Reuters) – Asian stocks slid in early trade on Tuesday, as financial markets waited on a rush of key U.S economic data delayed by…
Moves comes amid concerns over AI spending Buffett previously regretted missing out on Google investment Alphabet shares have climbed 46% YTD Nov 17 (Reuters) – Alphabet’s (GOOGL.O), opens new tab shares rose 5.2% on Monday after Berkshire Hathaway (BRKa.N), opens new tab disclosed a stake in the tech giant, marking what could be one of…
Nov 16 (Reuters) – Most stock markets in the Gulf ended lower on Sunday after hawkish Federal Reserve officials dimmed hopes for a December interest rate cut. The record-long U.S. government shutdown that concluded on Thursday has generated a significant data void, leaving the Federal Reserve and market participants without key insights ahead of the…
A look at the day ahead in European and global markets from Tom Westbrook U.S. economic data starts flowing again on Monday, with construction spending figures for August. September jobs data is due on Thursday. Sign up here. More up-to-date labour and price figures are not due until next month and concern over the data’s…
US jobs, Nvidia earnings headline week ahead Japan economy contracts on US tariff hit; Nikkei flat Dollar up slightly vs euro SINGAPORE, Nov 17 (Reuters) – Asia’s stock markets struck a cautious tone on Monday as traders looked ahead to a week of corporate earnings and catch-up U.S. data, with the focus on the interest…