By Kevin Buckland TOKYO (Reuters) – U.S. stock futures and Asian shares outside China slumped on Monday as investors weighed the implications of Chinese startup DeepSeek’s launch of a free, open-source artificial intelligence model to rival OpenAI’s ChatGPT. Meanwhile, the dollar rose after U.S. President Donald Trump slapped Colombia with retaliatory levies and sanctions for…
(Bloomberg) — US stock index futures tumbled in early Asian trading hours Monday amid concerns that an artificial intelligence model from China’s DeepSeek may disrupt the tech market. Most Read from Bloomberg S&P 500 futures fell as much as 1% as of 10:12 a.m. in Hong Kong, while contracts on the Nasdaq 100 dropped as…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. A big week for world markets kicks off in Asia on Monday with investors still navigating the blizzard of headlines around U.S. President Donald Trump’s likely economic agenda, while trying to gauge whether the “U.S. exceptionalism” narrative may be losing its…
STORY: U.S. stocks closed lower on Friday as investors digested a mixed bag of economic data and earnings reports as well as the first week of President Donald Trump’s second term. The Dow and S&P 500 both shed roughly three-tenths of a percent and the Nasdaq lost half a percent. Existing home sales for December…
Good morning. The S&P 500 closed at a record high yesterday for the first time since early December, fueled by comments from President Donald Trump calling for lower oil prices and interest rates. The comments were part of Trump’s speech at the World Economic Forum in Davos, which is the focus of today’s newsletter. BI…
Executive orders signed by President Donald Trump on Jan. 20 emphasized his hopes to scale back available electric vehicle subsidies and increase tariffs on products from other countries, highlighting the uncertain trajectory of a post-election auto market. One of the orders, titled “Unleashing American Energy,” aims, in part, to eliminate “unfair subsidies and other ill-conceived…
Former Hong Kong media boss Jimmy Lai Chee-ying has said he misjudged how effective a United States law enabling economic sanctions against city officials would be, despite lobbying for its passage amid anti-government protests in 2019. Lai initially told his marathon national security trial on Thursday that he was “not interested” in the Hong Kong…
US stocks faltered before the bell on Thursday, pulling back from a bid for fresh records as AI optimism waned and markets waited for more detail on President Donald Trump’s tariff plans. S&P 500 futures (ES=F) slipped roughly 0.2%, coming off a three-day win streak that saw the benchmark index close Wednesday on the cusp…
(Bloomberg) — The S&P 500’s recent leg higher has been missing an important ingredient: inflows from big-money managers. For those betting on a further rally, that’s a welcome development. Most Read from Bloomberg As the benchmark gauge inched higher so far in January, institutional investors reduced their bullish wagers amid uncertainty about President Donald Trump’s…
Hong Kong stocks fell after China’s action plan to boost the nation’s markets through long-term investments failed to impress investors, while the threat of tariffs from US President Donald Trump also weighed on sentiment. The Hang Seng Index fell 0.5 per cent at 19,686.62 as of 2.34pm local time, after rising as much as 1.3…