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US Treasuries surged Monday as investors sought safe assets amid a tech-driven equity market slump. 10-year yields fell 12 basis points to 4.50%, while 2-year rates dropped to 4.17%. Haven currencies like the yen and Swiss franc rallied as global markets were shaken by news of a new artificial intelligence model from China. The gains in bonds and haven currencies come ahead of a choppy week for markets, with the Fed setting monetary policy on Wednesday and tariff talks remaining in focus.
Published on: January 27, 2025, 01:05 PM UTC
The S&P 500 rallies under new President Trump, with earnings from Apple, Microsoft, and other tech giants set to test the rally. The Federal Reserve's monetary policy decision and economic data on GDP, inflation, and consumer confidence will also be closely watched.
Published on: January 27, 2025, 01:04 PM UTC
This article covers key takeaways from the World Economic Forum in Davos, including the impact of AI, business leaders' concerns, and insights from industry experts on how to become a better investor or leader.
Published on: January 27, 2025, 01:04 PM UTC
Despite headwinds such as higher interest rates and a strengthening dollar, the stock market has reached record highs due to expectations of earnings growth and positive economic fundamentals. The demand for goods and services remains strong, and companies are reporting improved profit margins. Investors should focus on the resilience of companies underlying the market rather than short-term challenges. While risks persist, the long-term outlook for the stock market remains favorable, bolstered by expectations of continued earnings growth.
Published on: January 27, 2025, 01:02 PM UTC
The Federal Reserve meets this week under pressure from President Trump to lower interest rates, despite concerns over inflation and the potential impact of his policies. The Fed has signaled a cautious approach, but experts warn that rate hikes are still possible, raising the possibility of a clash between Trump and Fed Chair Jerome Powell.
Published on: January 27, 2025, 01:02 PM UTC
Nasdaq futures plunge as Chinese startup DeepSeek shakes faith in US AI leadership, sending Nvidia and other tech stocks tumbling.
Published on: January 27, 2025, 01:01 PM UTC
Bitcoin drops below $100,000 as AI-related selloff sparks caution. The cryptocurrency is down around 6% on the day, while technology stocks have plunged amid concerns over Chinese AI startup DeepSeek.
Published on: January 27, 2025, 01:01 PM UTC
Ancora, an asset manager, seeks to quash Nippon Steel's acquisition of U.S. Steel, citing the company's excessive spending and ineffective leadership.
Published on: January 27, 2025, 01:00 PM UTC
Chinese teapots halt operations or plan maintenance as new tariffs and taxes squeeze margins
Published on: January 27, 2025, 12:07 PM UTC
The yen surges to a five-week high against the dollar as investors seek safe haven amid tech stock selloff. The traditional haven asset benefits from demand in the options market and a dovish Bank of Japan policy stance.
Published on: January 27, 2025, 12:05 PM UTC