US stocks end mixed; traders look to Nvidia report
Wall Street stocks closed mixed as investors awaited Nvidia’s earnings and worried about potential delays in Federal Reserve interest rate cuts. Concerns over inflation and the valuation of AI stocks contributed to market fluctuations. The probability of a December rate cut has fallen below 50%.
European shares fall as US rate cut expectations wane; UK fiscal worries resurface
European stock markets closed lower on Friday. This followed cautious remarks from U.S. Federal Reserve officials. Investors had hoped for an interest rate cut. Technology stocks faced selling pressure. However, the STOXX 600 index achieved its best weekly gain since September. Richemont and Siemens Energy saw gains. UK’s FTSE 100 also declined.
Global equities index falls, bond yields rise on fading rate cut hopes
Global stock markets fell on Friday. Wall Street ended the week with little change. U.S. Treasury yields rose. Federal Reserve officials signaled no December interest rate cut. This impacted investor sentiment. Asian and European markets closed lower. U.S. markets saw some recovery. Oil prices increased due to supply concerns. Gold prices declined.
Berkshire Hathaway reveals new $4.3 billion Alphabet stake, sells more in Apple
Berkshire Hathaway disclosed a new $4.3 billion stake in Google parent Alphabet and reduced its Apple holdings, marking a significant shift in its equity portfolio. This move comes as Warren Buffett prepares to step down as CEO, with Apple remaining its largest investment.
Data ‘fog’ has some investors feeling for the exits as AI stock valuation fears flare
Investors face market jitters following the US government shutdown, with economic data gaps casting doubt on Federal Reserve rate cuts. Soaring AI stock valuations are also under pressure, leading to a sell-off. Markets remain uncertain as crucial economic indicators are delayed, prompting a cautious outlook for interest rate decisions.
Gold slips 3% as hawkish Fed comments spark market sell-off
Gold prices experienced a significant 3% drop on Friday, influenced by hawkish U.S. Federal Reserve remarks that dampened expectations for a December interest rate cut. Despite the dip, gold remains up for the week. This market movement reflects broader equity sell-offs and investor caution amid economic uncertainty and a lack of clear data.
Sebi to discuss panel’s conflict of interest report next month
The Securities and Exchange Board of India is set to evaluate a crucial report regarding conflict of interest regulations for its top executives. Recommendations from a specialized panel include enhanced disclosure requirements and fostering a more stringent ethical culture to tackle prevailing concerns. Moreover, the regulator is dedicated to boosting investor engagement in the securities […]
Wall Street Week Ahead: Skittish tech stock investors turn to Nvidia results for next cues
Investors brace for heightened tech stock volatility. Nvidia’s upcoming earnings report is a key event. The company is central to the artificial intelligence trade. Its results will influence the tech sector and beyond. Analysts expect strong growth, but market expectations are high. Any deviation could dent current AI-driven trades. Other sectors are also showing strength.
Equity valuations at risk if growth fails to pick up: Chris Woods’ Greed & Fear
With India’s economic growth now facing critical evaluations, the effects of credit easing and GST cuts are being closely monitored. Global strategist Chris Wood foresees a silver lining for India’s economy, especially if the AI trends shift. Meanwhile, the IT services sector is encountering a drop in revenue streams.
Stock market bounces back on NDA’s huge Bihar victory
Indian stock markets saw gains on Friday, recovering from earlier dips and defying global trends. The NDA’s decisive win in Bihar elections fueled investor optimism and short covering. Both the NSE Nifty and BSE Sensex closed higher, marking weekly gains.