Tag: stocks fall
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Stocks fall; bond market flips to ‘higher for longer’ mode
LONDON, Sept 28 : Global stocks fell on Monday, as oil jumped on the stalemate in US-Iranian talks and action in the Treasury market pointed to investors preparing for interest rates to rise and remain higher for a protracted period of time.Over the weekend, US President Donald Trump rejected an Iranian prop
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Stocks fall as Middle East stalemate boosts oil
SYDNEY/LONDON, Sept 28 : Global stocks fell on Monday, as oil jumped on the stalemate in US-Iranian talks, ahead of a week already packed with macroeconomic risk, while the dollar headed for its best monthly performance since June. Over the weekend, US President Donald Trump rejected an Iranian proposal to
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Stocks fall on soaring bond yields, higher oil prices
NEW YORK: Stock markets fell Wednesday (Sep 23) as oil prices rose sharply and US bond yields jumped on inflation fears, with world leaders at the UN General Assembly offering little to suggest progress in ending turmoil in the Middle East.After several sessions of falls, the price of Nort
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US stocks fall as 10-year Treasury yield hits highest since 2007
NEW YORK, Sept 23 : US shares dropped while benchmark 10-year Treasury yields hit the highest level since 2007 on Wednesday after data showed that US business activity raced to a more than five-year high in September, fueled by a surge in new orders.S&P Global said on Wednesday its flash US Composite PMI Outp
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Financial stocks fall with AI and flattening yield curve in focus
Sept 22 : The S&P 500 Financial index and the benchmark’s bank sector were under pressure on Tuesday as investors worried about competition from artificial intelligence and uncertainty around AI-related initial public offerings, along with moves in the bond market that potentially point to softer conditions ahead.
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Tech stocks fall after calls for AI development to slow down
Shares in companies linked to AI have seen sharp falls in Asia and Europe after industry bosses warn of risks for the future of humanity.
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Stocks fall, bond rout deepens as US and Iran trade attacks
Sept 2 : World stocks fell on Wednesday as fresh U.S. airstrikes on Iran pushed oil prices to five-week highs, stoking inflation concerns and extending a global bond selloff. The U.S. struck Iranian military targets near the Strait of Hormuz, while Tehran said it had targeted U.S. assets across the region,
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Kioxia shares slump 12% as AI-related stocks fall
TOKYO, June 26 : Shares of Japanese chipmaker Kioxia slid 12 per cent on Friday after a report that ChatGPT maker OpenAI was considering delaying its initial public offering sparked a selloff in AI-related shares.Kioxia, previously called Toshiba Memory and carved out of Toshiba in 2018, is a major producer o
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Stocks fall as strong jobs data fuels rate hike bets; oil set for weekly gain
NEW YORK, June 5 : Shares dipped on Friday after a blowout jobs report fueled bets of a rate hike by the U.S. Federal Reserve and as investors turned defensive ahead of the weekend, wary of the flare-up in Middle East hostilities.Iran reaffirmed support for the Hezbollah militia and demanded Israel withdraw f
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