ORLANDO, Florida, Nov 20 (Reuters) – Wall Street experienced a wild rollercoaster ride on Thursday, opening sharply higher on another set of strong results from artificial intelligence giant Nvidia, only to end deep in the red as investors reassessed that optimism and mixed signals from the first U.S. jobs data since the government shutdown ended….
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…
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…
ORLANDO, Florida, Nov 13 (Reuters) – Wall Street tumbled and Treasury yields rose on Thursday as expectations of a Federal Reserve interest rate cut next month faded rapidly, while the dollar also fell in a bleak session for U.S. asset prices. More on that below. In my column today I look at the emerging parallels…
ORLANDO, Florida, Nov 11 (Reuters) – U.S. tech was the major outlier in an otherwise buoyant day for global stocks on Tuesday, as relief around the expected end of the U.S. government shutdown lifted the Dow to a record closing high and other indices to new peaks too. More on that below. In my column…
ORLANDO, Florida, Nov 5 (Reuters) – U.S. stocks and bond yields rose on Wednesday on surprisingly strong job growth and service sector data, which suggests the economy is in decent shape and calls into question how much lower the Federal Reserve needs to cut interest rates. I didn’t write a column today, but don’t worry…
Morgan Stanley CEO sees 10%-15% equity markets drawdown Analysts and investors debate whether markets are in a bubble Futures linked to Wall Street’s main indexes edge lower Nov 4 (Reuters) – CEOs of Wall Street heavyweights Morgan Stanley (MS.N), opens new tab and Goldman Sachs (GS.N), opens new tab on Tuesday cautioned that equity markets…
ORLANDO, Florida, Oct 28 (Reuters) – Another wave of U.S. tech euphoria lifted Wall Street to new highs on Tuesday, this time in the shape of a deal between Microsoft and OpenAI, a day ahead of a clutch of U.S. Big Tech earnings and the Federal Reserve‘s policy decision. In my column today, I look…