Tag: selloff deepens;
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Bond selloff deepens and stocks drop as oil prices stoke inflation fears
TOKYO/LONDON, Sept 1 : Global bond yields hit major new highs on Tuesday as renewed fighting in the Middle East lifted oil prices and traders braced for interest rate hikes, putting pressure on stock markets around the world.Japan’s 10-year benchmark yield hit 3 per cent for the first time since 1996, pushing
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Bond selloff deepens as rising energy prices stoke inflation fears
TOKYO, Sept 1 : Selling drove global bond yields to major new highs on Tuesday as renewed fighting in the Middle East lifted oil prices above $90 a barrel and put pressure on stock markets around the world.Japan’s 10-year benchmark hit 3 per cent for the first time in a generation. The 10-year U.S. Treasury…
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Marvell selloff deepens as investors seek clarity on Google AI deal payoff
Aug 28 : Chip designer Marvell Technology’s shares fell more than 8 per cent to $221.6 in early trading on Friday as investors looked beyond the company’s solid results in search of fresh clues for long-term growth.Marvell has become a market darling fueled by the AI spending boom as Big Tech races to adopt c
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Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
June 23 : The Nasdaq 100 index was on pace to erase more than $1 trillion in market value on Tuesday as technology heavyweights and chip stocks tumbled, while Elon Musk’s SpaceX dropped below $2 trillion in market cap for the first time since its U.S. debut.SpaceX, which is expected to join the Nasdaq 100,…
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