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…
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…
Nvidia results on Wednesday could be key moment for tech, AI Stocks waffle during week amid shutdown end, rate uncertainty Walmart, Home Depot reports also due in coming week Investors brace for release of shutdown-delayed economic data NEW YORK, Nov 14 (Reuters) – Turbulence in technology stocks could ratchet higher in the coming week as…
Nikkei slides 2%, South Korea drops 3.6% Wall St tumbled overnight, bonds retreat Investors see Fed rate cut next month as a toss up Fed officials take hawkish view; U.S. jobs data for Oct may not be available SINGAPORE, Nov 14 (Reuters) – Asian shares tumbled on Friday, joining a global selloff as hawkish comments…
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…
SAN FRANCISCO, Nov 13 (Reuters) – Apple (AAPL.O), opens new tab on Thursday said it would lower commissions for “mini apps” on iPhones and other devices. Apple’s App Store charges commissions of up to 30% on digital purchases. Under the program announced Thursday, that rate will come down to 15% for developers of mini apps…