* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, June 24, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Netflix unveils Dallas immersive venue for fans of hit shows like ‘Squid Game,’ ‘Stranger Things’ – Houston Chronicle

    Step Inside Netflix’s New Dallas Immersive Experience Featuring Hits Like ‘Squid Game’ and ‘Stranger Things

    ‘Puttin’ on the Ritz’: Civic Players bring ‘Young Frankenstein’ to life – Yahoo

    Civic Players Deliver a Hilarious and Unforgettable Performance of ‘Young Frankenstein

    ‘Wheel of Fortune’: Amputee Wins $60,000 After Breaking Incredible ‘Curse’ – Hastings Tribune

    Wheel of Fortune’ Amputee Breaks Incredible ‘Curse’ to Win $60,000!

    North Star Sports & Entertainment Network: Coming soon – KTTC News

    North Star Sports & Entertainment Network: Coming soon – KTTC News

    Safety concerns in Deep Ellum create apprehension as the entertainment district gains visitors – CBS News

    Safety Concerns Surge Amid Deep Ellum’s Booming Popularity and Growing Crowds

    Elisabeth Moss’ ‘Handmaid’s Tale’ Emmy chances, by the numbers – Yahoo

    Elisabeth Moss’ ‘Handmaid’s Tale’ Emmy chances, by the numbers – Yahoo

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    China’s Military Introduces Mosquito-Sized Drones: A Game-Changing Surveillance Technology – Indian Defence Review

    China Unveils Mosquito-Sized Drones: Revolutionizing Surveillance Technology

    Marvell Technology Stock Rallies After AI Event Sparks Investor Optimism – Yahoo Finance

    Marvell Technology Stock Rallies After AI Event Sparks Investor Optimism – Yahoo Finance

    Promising Technology Stocks To Follow Today – June 22nd – MarketBeat

    Top Technology Stocks to Watch Today – June 22nd

    Technology Convergence Report 2025 – The World Economic Forum

    Technology Convergence Report 2025 – The World Economic Forum

    How AI can help make cities work better for residents – MIT Technology Review

    How AI can help make cities work better for residents – MIT Technology Review

    Tech Champions with Leo Bletnitsky of Healthy Technology Solutions – Buzz Media Group

    Meet Tech Champion Leo Bletnitsky of Healthy Technology Solutions

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Netflix unveils Dallas immersive venue for fans of hit shows like ‘Squid Game,’ ‘Stranger Things’ – Houston Chronicle

    Step Inside Netflix’s New Dallas Immersive Experience Featuring Hits Like ‘Squid Game’ and ‘Stranger Things

    ‘Puttin’ on the Ritz’: Civic Players bring ‘Young Frankenstein’ to life – Yahoo

    Civic Players Deliver a Hilarious and Unforgettable Performance of ‘Young Frankenstein

    ‘Wheel of Fortune’: Amputee Wins $60,000 After Breaking Incredible ‘Curse’ – Hastings Tribune

    Wheel of Fortune’ Amputee Breaks Incredible ‘Curse’ to Win $60,000!

    North Star Sports & Entertainment Network: Coming soon – KTTC News

    North Star Sports & Entertainment Network: Coming soon – KTTC News

    Safety concerns in Deep Ellum create apprehension as the entertainment district gains visitors – CBS News

    Safety Concerns Surge Amid Deep Ellum’s Booming Popularity and Growing Crowds

    Elisabeth Moss’ ‘Handmaid’s Tale’ Emmy chances, by the numbers – Yahoo

    Elisabeth Moss’ ‘Handmaid’s Tale’ Emmy chances, by the numbers – Yahoo

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    China’s Military Introduces Mosquito-Sized Drones: A Game-Changing Surveillance Technology – Indian Defence Review

    China Unveils Mosquito-Sized Drones: Revolutionizing Surveillance Technology

    Marvell Technology Stock Rallies After AI Event Sparks Investor Optimism – Yahoo Finance

    Marvell Technology Stock Rallies After AI Event Sparks Investor Optimism – Yahoo Finance

    Promising Technology Stocks To Follow Today – June 22nd – MarketBeat

    Top Technology Stocks to Watch Today – June 22nd

    Technology Convergence Report 2025 – The World Economic Forum

    Technology Convergence Report 2025 – The World Economic Forum

    How AI can help make cities work better for residents – MIT Technology Review

    How AI can help make cities work better for residents – MIT Technology Review

    Tech Champions with Leo Bletnitsky of Healthy Technology Solutions – Buzz Media Group

    Meet Tech Champion Leo Bletnitsky of Healthy Technology Solutions

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Stocks slip as inflation fears eclipse AI fever

May 24, 2024
in Business
Stocks slip as inflation fears eclipse AI fever
Share on FacebookShare on Twitter

By Naomi Rovnick and Ankur Banerjee

LONDON/SINGAPORE (Reuters) -Global stocks slipped on Friday, heading for a weekly loss, after data signalling a rebound in U.S. inflation outweighed a boost to sentiment in the wake of strong earnings from artificial intelligence giant Nvidia (NASDAQ:).

MSCI’s global share index, which hit intraday highs earlier in the week, slipped 0.2% and was set for a 0.9% weekly loss. Europe’s share index was 0.5% lower.

Nvidia, the $2.6 trillion chipmaker, has contributed about a third of total U.S. stock market returns this year meaning the run-up to its quarterly earnings on Wednesday kept traders on edge for days.

The AI giant’s shares have gained 12% this week, but failed to lift broader sentiment after surveys showed U.S. business activity was improving but companies were also reporting higher prices across a sweep of input categories, from timber to wages.

Wall Street’s share index is 0.7% lower this week, although stock futures suggested it would tick higher on Friday.

Minutes from the Federal Reserve’s last meeting released on Wednesday showed some policymakers might consider hiking benchmark interest rates beyond their current 23-year high of 5.25%-5.5% if inflation does not fall steadily towards an average 2% target.

Traders expect just 35 basis points (bps) of Fed rate cuts in 2024, versus 150 bps at the start of the year..

Premier Miton Investors chief investment officer Neil Birrell said stock markets may not rally much further if higher rate forecasts keep lifting the income yields on government bonds and make stocks less attractive in comparison.

“Earnings are strong but the bar for the sort of upside surprise needed to push markets higher is rising,” he said.

“A rise in (U.S.) Treasury yields back towards 5% is the sort of thing people get worried about.”

Stocks were shaken in October when the yield on the benchmark 10-year Treasury hit 5%. This key debt yield, which climbs as the price of the security falls in response to expectations of higher rates, touched 4.498% on Thursday and was last at 4.475%.

Ross Yarrow, managing director of U.S. equities at investment bank Baird, said it was not the time to sell out of the tech stocks that dominate U.S. and world equity markets.

“There are significant risks in not owning stocks that have become very large contributors to the market,” he said.

“But inflation, and specifically inflation driven by oil, is also a big risk.”

ECB CUT IN JUNE

The European Central Bank (ECB) has all but committed to a rate cut in June but its policymakers have warned further easing may not be warranted because they expect inflation, which has moderated substantially, to hover above their 2% target until 2025.

The yield on Germany’s 10-year bund, last at 2.57%, has risen by the most in a week since mid-April.

The , which measures the U.S. currency against a basket of six major peers, was up 0.4% on the week to 105.06, its largest one-week rise since mid-April. [FRX/]. The dollar has gained 0.4% against the euro and about 0.9% versus Japan’s flailing yen.

Sterling was muted on Friday at $1.269, having touched a two-month high of $1.2761 on Wednesday after data showed UK inflation did not slow as much as expected in April.

British Prime Minister Rishi Sunak announced on Wednesday a general election for July 4, with polls showing a big lead for his Labour Party rival Keir Starmer, who may become the nation’s sixth leader in eight years following intense political turmoil.

© Reuters. Signage for the London Stock Exchange Group is seen outside of offices in Canary Wharf in London, Britain, August 3, 2023. REUTERS/Toby Melville/File Photo

British government bonds have underperformed major peers this week, with the 10-year gilt yield 12 bps higher at 4.25% and the interest rate sensitive two-year yield up 16 bps to 4.5%.

Elsewhere, was 0.5% lower at $80.98. Gold rose 0.5% to $2340 per ounce. [GOL/]

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Investing.com – https://www.investing.com/news/economy-news/asian-stocks-fall-dollar-rises-as-rate-cut-wagers-waver-3455719

Tags: businessInflationstocks
Previous Post

Central bankers should acknowledge blind spots in a less certain world, Fed’s Mester says

Next Post

Global equity funds see strong weekly inflows on U.S. rate cut hopes

China’s Military Introduces Mosquito-Sized Drones: A Game-Changing Surveillance Technology – Indian Defence Review

China Unveils Mosquito-Sized Drones: Revolutionizing Surveillance Technology

June 24, 2025
CBS Sports, Pac-12 extend partnership with network becoming primary partner as league eyes expansion – CBS Sports

Pac-12 and CBS Sports Strengthen Partnership Ahead of Thrilling League Expansion

June 24, 2025
Clay Minerals From Mars’ Most Ancient Past? – NASA Science (.gov)

Unveiling Clay Minerals from Mars’ Most Ancient Past

June 24, 2025

Retro Translucent Lifestyle Sneakers – Trend Hunter

June 24, 2025
The World’s 50 Best Restaurants Announces Its 2025 List – The New York Times

The World’s 50 Best Restaurants Announces Its 2025 List – The New York Times

June 24, 2025
Former INSS head Manuel Trajtenberg: Israeli economy rises in Iran war – The Jerusalem Post

Former INSS head Manuel Trajtenberg: Israeli economy rises in Iran war – The Jerusalem Post

June 24, 2025
Panel reacts as VP Vance downplays risk of foreign entanglement in Iran: ‘Back then we had dumb presidents’ – CNN

Panel reacts as VP Vance downplays risk of foreign entanglement in Iran: ‘Back then we had dumb presidents’ – CNN

June 24, 2025
Marvell Technology Stock Rallies After AI Event Sparks Investor Optimism – Yahoo Finance

Marvell Technology Stock Rallies After AI Event Sparks Investor Optimism – Yahoo Finance

June 23, 2025
Atlanta Sports: High school, college and pro sports from the AJC – AJC.com

Atlanta Sports Update: Exciting High School, College, and Pro Highlights

June 23, 2025
US judge blocks slashing of universities’ federal funding from National Science Foundation – Reuters

US Judge Halts Cuts to Federal Funding for Universities from National Science Foundation

June 23, 2025

Categories

Archives

June 2025
MTWTFSS
 1
2345678
9101112131415
16171819202122
23242526272829
30 
« May    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (697)
  • Economy (714)
  • Entertainment (21,611)
  • General (15,536)
  • Health (9,753)
  • Lifestyle (719)
  • News (22,149)
  • People (716)
  • Politics (721)
  • Science (15,932)
  • Sports (21,211)
  • Technology (15,700)
  • World (694)

Recent News

China’s Military Introduces Mosquito-Sized Drones: A Game-Changing Surveillance Technology – Indian Defence Review

China Unveils Mosquito-Sized Drones: Revolutionizing Surveillance Technology

June 24, 2025
CBS Sports, Pac-12 extend partnership with network becoming primary partner as league eyes expansion – CBS Sports

Pac-12 and CBS Sports Strengthen Partnership Ahead of Thrilling League Expansion

June 24, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version