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Asian equities fell Monday morning as concerns about artificial-intelligence funding outweighed relief from lower oil prices. Regional stocks tracked Wall Street’s Friday losses, led by weakness in AI infrastructure stocks.
U.S. stock futures were mixed Thursday, with the S&P 500 and Nasdaq 100 lower while the Dow Jones rose. The report also cited pressure on chip stocks and escalating Middle East conflict.
Stocks rose and bonds steadied after a bruising selloff, with investors awaiting a key US inflation reading for clues on the interest-rate outlook. The dollar headed for its strongest monthly performance since June. MSCI’s Asia Pacific Index gained 1%, putting it on course for its biggest advance in three weeks, with 1
MSCI EM currencies index marks biggest intraday drop since mid-May Indonesian rupiah weakens to as much as 17,900 MSCI EM Asia equities index slips 0.8% Jakarta stocks benchmark down 1%, India's Nifty 25 falls 0.9% By Shruti Agarwal Sept 24 (Reuters) — Emerging Asia currencies fell the most in more than four months on
Income investors have spent much of the past month dealing with a market that refuses to make life simple. Equities remain resilient, but they are also increasingly concentrated in a handful of large technology companies. Credit markets remain open and broadly functional, but the easy money has been made in many of the