Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
FTSE 100 Rises 0.5% as Investors Shift from AI to Consumer Staples
London stocks rose 0.5% as investors moved money from AI and chip stocks into consumer staples like beverages and retailers. The rotation he
Chip Stocks Drag Nasdaq Lower as Strong Earnings Season Begins
Chip stocks slid again on Thursday, dragging the Nasdaq lower despite a solid start to second-quarter earnings. The Dow rose while the S&P 5
Saudi PIF-Backed ROSHN Seeks Investors for Aramco Stadium Lease Deal
Saudi developer ROSHN is courting private investors to fund the Aramco Stadium using a lease-and-leaseback model. The deal, run by JPMorgan,
ABB's $5.5B Rotork Bid Fails to Lift Swiss Stocks as Oil Jitters Weigh
Swiss stocks edged lower as ABB's $5.5 billion offer for UK valve-maker Rotork failed to boost sentiment, with its own shares falling nearly
TSX Pulls Back from Record as Gold Slump Hits Mining Stocks Hard
Canada's main stock index cooled off Thursday after hitting a record, as falling gold prices pulled mining stocks sharply lower. Energy shar
Dollar Steadies as Oil Surge Offsets Cooling Fed Rate Hike Bets
The US dollar steadied Thursday as two opposing forces balanced out: cooler inflation data reduced expectations for another Fed rate hike, w
Latin American Markets Dip as Oil Tops $85 and US Dollar Strengthens
Latin American stocks and currencies eased as Brent crude rose above $85 a barrel and the US dollar strengthened. The MSCI Latin American st
European ADRs Flat as Tech Stocks Slide, Novo Nordisk and WPP Gain
European ADRs were nearly unchanged Thursday, but tech stocks like Nokia and Arm took a hit. Novo Nordisk and WPP gained, highlighting secto
Treasury Yields Edge Higher as Mixed Data Keeps Fed Rate Path Uncertain
Fresh data on retail sales and jobless claims failed to clarify the Federal Reserve's next move, pushing Treasury yields slightly higher. Ma
Asia ADRs Edge Lower as Chip Stocks Diverge: ChipMOS Surges 6%, UMC Plunges 9%
Asian ADRs slipped Thursday morning, but the headline index masked a sharp split in chip stocks. ChipMOS jumped 6.2% while United Microelect
SBI Funds IPO Draws $31 Billion in Bids, Reviving India's Sluggish Primary Market
SBI Funds Management's $1.03 billion IPO drew $31.1 billion in bids, with institutions oversubscribing their portion 140 times. The strong d
Cocoa Prices Slide 6% as Europe's Grind Data Signals Weakening Chocolate Demand
Cocoa prices tumbled 6.1% after Europe's latest grind data showed chocolate makers processed fewer beans, a sign that elevated prices may be