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'Mag Seven' Get Crushed Before Next Week's Results: Markets Wrap

(Bloomberg) — A selloff in the world’s largest technology companies hit stocks, with Wall Street traders gearing up for a deluge of results from the industry that has powered the bull market. Equities extended their slide from a record, with the S&P 500 breaking below 5,000 and the Nasdaq 100 falling over 2%. More than…
United States United Kingdom New York Esha Dey Jessica Menton Alexandra Semenova

Asia to Open Mixed as Tech Rally Lifts US Stocks: Markets Wrap

(Bloomberg) -- Equities in Asia advanced on Friday after a rally in the world’s largest technology companies drove a rebound in US stocks. Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesVietnam Tycoon Lan Sentenced to Death Over $12 Billion FraudApple Plans to Overhaul Entire Mac Line With AI-Focused M4 ChipsUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsRussia Destroys Largest Power Plant in Ukraine’s Kyiv RegionJapanese stocks r...
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Source: yahoo.com

S&P 500 Hit by Fed-Pivot Rethink and War Jitters: Markets Wrap

(Bloomberg) — Wall Street traders sent stocks and bonds sliding after another hot inflation report signaled the Federal Reserve will be in no rush to cut rates this year. Oil climbed as geopolitical jitters resurfaced. Equities extended their April losses, with the S&P 500 down about 1% as the consumer price index beat forecasts for…
United States New York San Francisco United Kingdom Mary Daly Chris Larkin

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Stocks Join Losses in Bonds as Fed-Cut Wagers Fade: Markets Wrap

(Bloomberg) — Wall Street traders sent both stocks and bonds lower after solid US factory data reinforced speculation that the Federal Reserve will be in no rush to cut interest rates. Treasuries fell across the curve — with 10-year yields climbing over 10 basis points — as manufacturing unexpectedly expanded for the first time since…
United States New York United Kingdom Bruxelles Capitale Natalia Kniazhevich Austan Goolsbee

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