Global markets experienced a relief after President Trump’s tariff pause, but concerns remain about U.S. Treasury market instability. Unusual bond market activity, including significant yield increases and swap spread widening, raised alarms about market functioning.
US Stocks: Nasdaq, S&P end lower as tech megacap declines outweigh upbeat chip outlook
Indian markets saw a mixed close on Thursday. While the Nasdaq and S&P dipped due to Big Tech’s AI spending concerns, the Dow edged higher.