S&P 500, Nasdaq futures slipped on Wednesday, as the broader market continued to pull back. The difference mostly comes down to how investors are processing the recent volatility in the tech sector and a wave of earnings results. The Dow Jones futures managed to stay in the green, helped by ongoing optimism around AI-related spending. […]
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The private equity landscape is shifting, with Asia emerging as a key beneficiary of global capital reallocation. This transformation comes as global investors look to reduce their heavy exposure to US assets, driven by factors including cheaper valuations in Asia, particularly China. The renewed focus on the region is further highlighted by the recent sale […]
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The iShares Semiconductor ETF (SOXX) and the VanEck Semiconductor ETF (SMH) suffered a harsh reversal this week as top companies in the index shed over $500 billion in value following key earnings. SMH dropped to $352, down from the all-time high of $372, while SOXX fell to $296 from a high of $313. This article […]
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The British pound has plunged in the past few days, erasing some of the recent gains. The GBP/USD exchange rate plummeted to the psychological level of 1.3400, its lowest point in three weeks and 2.8% below the year’s highest level. UK inflation is rising The recent GBP/USD crash stalled on Wednesday after the Office of […]
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The USD/JPY exchange rate rebounded to its highest level since April 3, following a rise in the US Dollar Index (DXY). It jumped to a high of 149, up by 6.2% from its lowest point this year. The focus now shifts to the upcoming Japan inflation and US inflation data. Focus on the Federal Reserve […]
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US stocks opened little changed on Monday, with major indexes hovering near record highs as investors braced for a week of critical inflation data that could influence the Federal Reserve’s interest rate outlook. The Dow Jones Industrial Average was up 29 points, or 0.07%, in early trading. The S&P 500 was slightly up 0.06%, while […]
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Wall Street advanced on Tuesday after a softer-than-expected consumer inflation reading eased investor concerns over the potential impact of President Donald Trump’s tariff policies on prices. The Dow Jones Industrial Average rose 200 points, or 0.5%, while the S&P 500 gained 0.4% and the Nasdaq Composite added 0.6%. The consumer price index increased 2.7% in […]
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U.S. stocks moved higher in early Wednesday trading, adding to recent momentum as expectations for lower Federal Reserve interest rates continued to drive the major indexes to fresh records. The S&P 500 rose 0.4%, while the Nasdaq Composite gained 0.5%, with both benchmarks setting new all-time highs. The Dow Jones Industrial Average climbed 269 points, […]
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Tesla shares dropped sharply in early trading on Monday following CEO Elon Musk’s announcement over the weekend that he plans to form a new political party. The TSLA stock was down over 8% reflecting investor concerns about the potential implications of Musk’s renewed political involvement. Musk revealed on social media that the party would be […]
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Elon Musk, the billionaire chief executive of Tesla Inc (NASDAQ: TSLA) has officially launched a new political movement – the America Party – in a dramatic shift that’s rattling investors and reigniting tensions with President Donald Trump. The announcement, made on Musk’s social platform X, follows his vocal opposition to Trump’s sweeping tax and spending […]
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