(Bloomberg) Stellar earnings reports from Microsoft Corp. and Alphabet Inc triggered an after-hours tech rally that sent US futures higher. A selloff in Treasuries drove benchmark yields to new highs for the year.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBig Tech Surges in Late Hours on Blowout Earnings: Markets WrapJavier Milei Fuels Wild Rally That Makes Peso No. 1 in Wor
(Bloomberg) — The world’s largest technology companies soared in late trading as stellar results from Microsoft Corp. and Google’s parent Alphabet Inc. fueled confidence in Wall Street’s most-influential group. A $250 billion exchange-traded fund tracking the Nasdaq 100 (ticker: QQQ) climbed 1.2% after the close of regular trading. In a sigh of relief to investors…
(Bloomberg) — Asian technology shares rose following stellar earnings reports from Microsoft Corp. and Alphabet Inc. overnight. The yen weakened to a fresh 34-year low after the Bank of Japan kept its key interest rate unchanged. A gauge of the region’s equities headed for its best week since November, helped by gains in tech giants…
(Bloomberg) — Wall Street was rattled by data that showed exactly what stock traders did not want to hear: a significant slowdown in the world’s largest economy and persistent inflation pressures. Equities got hit across the board, with the S&P 500 extending its April slide as the economic figures fueled “stagflation” jitters, bringing even…