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News 2026-09-10 19:03 UTC

Fitch models AI bust that could crash U.S. stocks 35%

Fitch Ratings said an AI-led market collapse could send U.S. share prices down 35% over six months and push the economy into recession. Its stress test also assumed a 15% drop in overseas stocks and a sharp pullback in AI investment and business confidence.

News 2026-07-08 14:12 UTC

IMF Cuts Euro Area's 2026 Economic Growth Estimate

() -- The International Monetary Fund lowered its 2026 growth forecast for the euro area to reflect the effects of the ongoing war in the Middle East on energy prices and consumer confidence. In its latest World Economic Outlook published Wednesday, the IMF now expects the eurozone's growth to come in at 0.9% for 2026,

News 2026-06-30 15:18 UTC

US Trading Hours Summary: May JOLTS openings rise; First half comes to a close

Summary US equity market looked to finish off quarter and month on an up note. Tech did a good portion of the heavy lifting, unwinding some the mega-cap weakness/rotations seen into quarters end. May JOLTS jobs data jumped up towards 7.6M openings pushing up Treasury yields marginally. EU CPI readings were broadly cool

News 2026-06-23 02:04 UTC

Eurozone Cuts Confidence

Eurozone consumer confidence is reported at -17.7 for June, exceeding estimates of -17 and improving from the previous -19 reading