Just a little pullback, Nasdaq falls over 1%
Just a little pullback, Nasdaq falls over 1% Wall Street fell on Tuesday, with the big story being a rout in U.S. Treasury bonds that took the longer-end 30-year yield to a fresh 19-year high and spilled over into global fixed-income markets. Rate-sensitive...
Wait a minute, Goldman Sachs warns AI investment may be overlooking other opportunities
Wait a minute, Goldman Sachs warns AI investment may be overlooking other opportunities Goldman Sachs said the surge in artificial intelligence spending may be crowding out other business activity, though it found only limited evidence of that effect so far.In a note...
U.S. nonfarm payrolls unexpectedly decline by 23,000 in July
U.S. nonfarm payrolls unexpectedly decline by 23,000 in July The U.S. economy unexpectedly shed 23,000 jobs in July, while the unemployment rate cooled slightly to 4.1% from 4.2%, according to Labor Department data on Friday.Economists had anticipated nonfarm payrolls...
Give me a boost, Nasdaq soars 2% as stocks boosted by positive inflation data, surge in Microsoft
Give me a boost, Nasdaq soars 2% as stocks boosted by positive inflation data, surge in Microsoft U.S. stocks jumped on Thursday in early trading, boosted by a post-earnings surge in Microsoft and a fairly benign print on the Federal Reserve’s preferred inflation...
