Japanese stocks dropped for a second day amid growing expectations of further rate hikes by the central bank. Asian equities also declined, following Wall Street’s losses due to weakening US economic data. The broad Topix index in Japan dropped more than 4%, while tech stocks like AI chipmaker SK Hynix fell sharply.
Kalshi launches perpetual futures tied to US 500 stock index
Kalshi has introduced a new perpetual futures contract that is linked to its US 500 index. This contract will allow traders to hold positions indefinitely,