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Big Tech Surges in Late Hours on Blowout Earnings: Markets Wrap

(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…

Japan , Tokyo , Germany , Michigan , United-states , United-kingdom , Texas , New-york , Japanese , Britain , British , American

Markets today: Treasury yields jump as GDP dashes Fed pivot hopes

Markets today: Treasury yields jump as GDP dashes Fed pivot hopes
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Wall Street Roiled as Data Crush Fed Pivot Hopes: Markets Wrap

(Bloomberg) — Wall Street was rattled by data that showed exactly what investors did not want to hear: a sharp slowdown in the world’s largest economy and stubborn inflationary pressures. Treasuries sold off, with yields hitting fresh 2024 highs as the economic figures fueled “stagflation” jitters — bringing more uncertainty to the path of Federal…

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Markets today: big tech surges in late hours on blowout earnings

Markets today: big tech surges in late hours on blowout earnings
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Michigan , United-states , Japan , Germany , Tokyo , New-york , United-kingdom , Japanese , Britain , British , American , Chris-larkin

Markets today: big tech surges in late hours on blowout earnings

Markets today: big tech surges in late hours on blowout earnings
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Japan , Tokyo , United-kingdom , Germany , New-york , United-states , Michigan , American , British , Britain , Japanese , Jeff-roach

Fed's Powell: Elevated inflation will likely delay rate cuts this year

Fed's Powell: Elevated inflation will likely delay rate cuts this year
sent-trib.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sent-trib.com Daily Mail and Mail on Sunday newspapers.

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Fed's Powell: Elevated Inflation Will Likely Delay Rate Cuts This Year

Vigorous consumer spending can keep inflation elevated because it can lead some businesses to charge more.

Washington , United-states , Jerome-powell , Philip-jefferson , Krishna-guha , Wilson-center , Federal-reserve , Federal-reserve-chair-jerome-powell , Wall-street , Fed-vice-chair-philip-jefferson ,

Asia Stocks to Skew Higher Ahead of US Inflation: Markets Wrap

Stocks in Asia mostly pointed higher after US equities recovered and bonds climbed ahead of key inflation data that will help shape the outlook for the Federal Reserve’s next steps.

Singapore , Thailand , Cambridge , Cambridgeshire , United-kingdom , Hong-kong , New-zealand , Japan , Australia , Solita-marcelli , Marta-norton , Raphael-bostic

Markets today: bonds rise as CPI to shed light on Fed's June call

Markets today: bonds rise as CPI to shed light on Fed's June call
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Stocks in Asia cautious ahead of key US inflation

Australian shares edged higher as did futures for the Hong Kong equity benchmark. Japanese stocks declined, with trading in the region likely to be muted by holidays in countries including Singapore.

Singapore , New-zealand , Hong-kong , Japan , Thailand , Australia , Australian , Japanese , Raphael-bostic , Kazuo-ueda , Marta-norton , Federal-reserve