AI jitters and high oil prices weigh on stocks
The Nasdaq composite is slipping after tech stocks rebounded a day earlier, while Brent crude has climbed above $110 a barrel. Major Asian indexes sold off earlier.
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FOREX — Dollar heads for weekly loss as Fed hike bets fade, AI jitters linger
(Updates to US afternoon) Dollar set for first weekly loss after a month of gains Investors scale back Fed hike bets despite hot inflation data Tech selloff also weighing on dollar By Laura Matthews NEW YORK, Oct 16 (Reuters) — The dollar was lower on Friday and on track for its first weekly fall in more than a month a
GLOBAL MARKETS — Stocks dip on AI jitters, big banks kick off US earnings season
(Updates with US premarket context) Chipmakers drop across the globe on competition concerns JPMorgan, Wells Fargo, Goldman Sachs report Q3 results Treasuries rise as investors seek safety, oil markets in focus By Sruthi Shankar Oct 13 (Reuters) — World stocks dipped on Tuesday as renewed AI concerns hit high-flying ch
GLOBAL MARKETS — Asian stocks hit 2 — month low on AI jitters, bonds find favour
(Updates to Asia afternoon) Chipmakers lead regional losses after a Wall Street semiconductor selloff US bank earnings to show impact of rising yields on lending, dealmaking and funding Treasuries rise as investors seek safety, oil markets in focus By Ankur Banerjee SINGAPORE, Oct 13 (Reuters) — Asian stocks slid to a
GLOBAL MARKETS — Asian stocks dive on AI jitters ahead of US bank earnings
(Updates to Asia mid-morning) Chipmakers led regional losses after a Wall Street semiconductor selloff US bank earnings to show impact of rising yields on lending, dealmaking and funding Dollar stands tall on safe-haven bid, oil markets in focus By Ankur Banerjee SINGAPORE, Oct 13 (Reuters) — Asian stocks fell sharply
Stocks rise as tech recovers from Thursday selloff
U.S. stocks ended the week higher, with the Nasdaq gaining after earlier tech concerns. Oil prices regained losses amid reports of more strikes near the Strait of Hormuz, while Treasury yields edged up.
Stocks rise as oil rebounds on reported Mideast attack
U.S. equities edge higher while oil gains after reports of a ship struck near waters off the UAE and bond yields tick up to about 5.256% on the week’s risk tone.
S&P 500 Index Outlook: Top Catalysts for US Stocks This Week
The S&P 500 Index has moved sideways since August and is hovering near its record high. It ended last week at 7,722 points, about 1.2% below the peak of 7,817 points. This article looks at the key catalysts likely to drive the stock market this week. US Stocks to React to Key Corporate Earnings The main catalyst for th
Asian stocks rise as tech rally, AI optimism, lower oil prices lift sentiment
Asian markets advanced on Tuesday, led by technology stocks, as lower oil prices boosted sentiment and investors anticipated positive outcomes from US-Iran talks. The dollar held firm against the yen on expectations of further interest rate hikes.
CAC 40 drops to lowest since July amid oil, inflation jitters
The CAC 40 fell 0.4% to 8,270 on Tuesday, reversing prior gains and hitting its lowest level since July. Investors weighed rising oil prices and inflation pressures as Middle East tensions escalated.