Japanese stocks surged above 34,000 on Tuesday, recovering from Monday’s 12.4% plunge. Central bank reassurances boosted markets, igniting a sharp rebound in the Nikkei, as well as gains in Wall Street futures. Currencies steadied, Treasury yields recovered, and oil prices rose after news of U.S. personnel injuries in Iraq.
AI threat overblown: Why Invesco’s Hiten Jain is doubling down on IT stocks
Invesco Mutual Fund’s Hiten Jain offers a contrarian view, identifying the tech rout as a significant buying opportunity and dismissing broad PSU rallies. He highlights