BlackRock shares fell sharply after the asset manager restricted withdrawals from its flagship private credit fund, HLEND, following a surge in redemption requests. The move has intensified concerns about liquidity risks in the fast-growing private credit industry, even as investors shift towards safer assets amid global economic and geopolitical uncertainty.
US Stock Market | Inside the Rally: What’s fueling Apple Inc. stock surge
Apple Inc. posted strong earnings, beating estimates with robust iPhone demand and services growth. AI optimism, global resilience, and shareholder returns boosted sentiment, though valuation