A dramatic yen rally is harnessing market momentum, prompting investors to quickly adjust as trend-followers reverse course. The yen has risen 8% against the dollar in…
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Major European equity markets fell Thursday after corporate earnings reports, while upcoming U.S. policy easing boosted global bonds. The Federal Reserve kept rates steady but hinted…
Nasdaq fell 1% Tuesday; chip and megacap shares dropped pre-Big Tech earnings; financial stocks kept Dow steady pre-Fed decision. Microsoft, a leading AI frontrunner, will release…
European shares dropped on Friday amid economic uncertainties and a global outage affecting airlines, banks, and financial services. This turbulent market week saw a tech sell-off…
Asian equities fell Thursday, driven by chip stocks, as U.S.-China trade tensions rose. Meanwhile, the yen remained firm. The U.S. dollar hovered near a four-month low,…
Morgan Stanley’s Q2 profit exceeded expectations due to a surge in investment banking and trading revenues, despite muted wealth management. The bank, like Bank of America…
Apple’s stock hit a record high as Morgan Stanley’s increased price target and “top pick” status highlighted AI’s potential sales impact. To compete with Google and…
Wall Street surged Monday as Trump’s survival boosted his reelection odds, while hopes for interest-rate cuts lifted market sentiment. Under Trump, markets anticipate stricter trade policies…
Nasdaq and S&P 500 dropped from peaks due to large-cap stocks; investors turned to small-caps on hopeful rate cut signals. A recent Labor Department report indicated…
Japan’s wholesale inflation accelerated in June due to yen declines, raising raw material import costs and rate hike expectations. Rising global commodity costs and ending fuel…