Here are the key takeaways from the January Consumer Price Index report: The overall CPI rose 0.2% month-over-month, below economists’ expectations; the core CPI, excluding food and energy prices, rose 0.3% month-over-month, in line with expectations. A 1.5% decline in energy prices was the primary reason for the slowdown in overall inflation to its lowest […]

Bond yields fell as relatively moderate inflation data fueled market expectations of a Federal Reserve rate cut, giving Wall Street some breathing room. While most stocks rose, weakness in tech giants limited market gains. The two-year U.S. Treasury yield fell to its lowest level since 2022 as traders increased their expectations of more than two […]

Asian stocks fell on Friday, impacted by renewed pessimism surrounding artificial intelligence (AI) on Wall Street. US tech stocks and Bitcoin prices weakened as investors flocked to the safe-haven US Treasury market. On Thursday, the S&P 500 fell 1.6%, and the Nasdaq 100 dropped 2%, with large-cap stocks generally declining. This wave of decline spread […]

European stocks climbed on a busy day for corporate earnings reports, while U.S. stock index futures also signaled a rise on Wall Street. The Stoxx 600 rose 0.4%, and S&P 500 futures rose 0.3%. Siemens shares jumped more than 6% after raising its earnings forecast, while Essilor Luxottica shares surged 10% after the company reported […]

Alphabet plans to issue a rare 100-year bond as part of a massive debt issuance. This marks the first time a tech company has issued such long-term debt since the late 1990s. According to a source familiar with the matter, the 100-year bond will be denominated in pounds sterling, along with four other pound sterling […]

Tech stocks rallied again after a stock market crash triggered by artificial intelligence, following economic data releases that will help influence the Federal Reserve’s policy outlook. Bitcoin fell below $70,000. Gold prices broke through $5,000. The S&P 500 continued its slight gains on Monday after its market capitalization surged by $1 trillion. Tech companies, which […]