Wall Street closed higher as semiconductor stocks rebounded sharply, lifting major indexes despite tariff tensions and Middle East risks. Investors are positioning ahead of key tech earnings, betting on AI-driven growth. Gains in 3M and Hasbro contrasted with declines in Danaher and MSCI, highlighting mixed corporate signals.
How Bessent, America’s bond salesman, cornered Japan on big spending
In a significant dialogue, US Treasury Secretary Bessent encouraged Japan to implement reforms in its fiscal and monetary policies. Aiming to stabilize the yen and