Tag: stocks
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Mixed day for global equities as oil prices retreat
Brent crude dropped below US$97 a barrel after Houthi rebels said they were not blocking traffic through the strategic Bab al-Mandeb Strait.
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Stocks suffer fresh blow as markets hit by perfect storm
Markets now face the resurgent Middle East war, a spike in oil prices back past US$100 and worries about the artificial intelligence investment boom.
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Six IPOs this year, most trading below issue price: What this means for Singapore’s market reforms
Analysts say the underwhelming showing reflects thin liquidity and a global tilt towards AI stocks more than a failure of Singapore’s push to revive its equity market.
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Oil prices jump on Mideast war, stock markets diverge
Brent crude rose above US$95 a barrel for the first time in nearly six weeks amid fears of supply disruptions from escalating US-Iran tensions.
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Stocks rise despite climbing oil prices
CFRA Research analyst Sam Stovall said the stock market “doesn’t seem as if it wants to go down at all.”
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Stocks advance on tech strength; Mideast in focus
July 21 : Global stocks rose on Tuesday, underpinned by gains in technology stocks, as investors waited for corporate earnings this week that could test an AI trade under pressure, while mediation efforts in the Middle East kept oil prices in check.The U.S. and Iran traded fresh fire, and Yemen’s Tehran-align
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Asia stocks up as chip stocks recover, oil eases
US technology stocks advanced on Monday and this was mirrored in Asian trade.
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US stocks drop on latest Middle East fighting, tech earnings caution
“The whole US Iran situation is sounding a little dicey at the moment,” said Briefing.com analyst Patrick O’Hare.
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Chip stock pullback sparks worries about AI rally strength, leveraged trades
July 17 : A brutal week for chip stocks — the same names that fueled this year’s blistering market rally — has left investors from Seoul to Silicon Valley asking whether the AI boom became over-leveraged and got ahead of itself.Investors from Asia to Europe pulled back from AI-exposed stocks and so-called
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Wall St ends lower for the day and week as chip selloff broadens
“It’s like the market has chip fatigue,” said Ryan Detrick, chief market strategist at Carson Group, as chip stocks faced continued pressure.
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