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Nvidia, whose chips are powering much of the world’s move into AI, sank as much as 3.9% during the morning and was on track to be the heaviest weight on Wall Street following its 3.5% fall on Tuesday.
Gold prices fell on Thursday, pressured by a firmer dollar, while investors looked to the U.S. central bank's annual Jackson ...
Treasury yields rose and Naga said bond investors could be reluctant to take strong positions before Powell’s Jackson Hole speech on Friday.
Jackson Hole starts on Thursday and focus will be on Fed Chair Jerome Powell's speech on Friday, which could move markets as traders look for hints about the likelihood of a September rate cut ...
The USD/ZAR exchange rate rose for the fourth consecutive day as market participants reacted to the latest South African inflation data.
What the Fed did: It delivered two more 75-basis-point rate increases to follow the two it had done in the meetings before Powell's speech, and then increased the policy rate in smaller increments ...
President Trump's tariffs continue to affect global markets and the economy. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and ...
Britain's main stock indexes declined on Thursday, dragged by losses in consumer-related shares, while global investors ...
Emerging market assets were mixed on Thursday as investors awaited policy signals from Federal Reserve Chair Jerome Powell at the Jackson Hole symposium, with questions over the Fed’s independence ...
The week's latest tech shakeout, with heavy losses for high flyers such as Nvidia and Palantir, comes as the sector's price-to-earnings ratio recently reached about 30 times expected earnings for the ...
President Donald Trump has repeatedly criticised Powell’s cautious approach to rate cuts. Treasury Secretary Scott Bessent recently said he expects Trump to announce Powell’s replacement by year-end, ...
European stocks fell Thursday as investors weighed ongoing concerns about the artificial-intelligence boom and data showing gains in business activity. The composite purchasing managers' index for the ...
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