General News
Latest news from around the World.
With 'no place to hide' traders spend sleepless nights as Iran war roils markets
For Wang Yapei, it's all about sleeping well at night. The Shanghai-based fund manager has cut positions aggressively in the face of a steep selloff that has torn through global markets as the war in the Middle East rages on.
...keep reeding on reuters.com
Total Construction Spend Rises
Total construction spending rises, with months prior revised higher; power, residential and public lead, manufacturing lags. Power site construction is outpacing manufacturing, likely due to the completion of earlier supply line initiatives.
...keep reeding on seekingalpha.com
Nasdaq 100 Flashes Rare Historical Pattern 6th Time In 41 Years: It May Be 'Set To Recover Soon' After Being 100 Days Below Peak
The Nasdaq 100 has crossed a notable threshold, trading below its all-time high for 100 consecutive days. However, with the index hovering less than 10% off its peak, historical data suggests tech investors shouldn't panic just yet.
...keep reeding on benzinga.com
'Not unlike tariffs': Iran war threatens to deepen Asia private equity's worst fundraising slump in a decade
Asia-focused private equity firms saw new funds raised last year falling to the lowest level in over a decade: Bain & Company. A glimmer of optimism late last year is now contending with economic disruption from the Middle East war.
...keep reeding on cnbc.com
Private credit cracks open door for Wall Street banks' comeback: 'The tug of war is just starting'
Banks see more opportunities to regain share as private credit strains emerge and regulation eases. Private credit faces rising defaults, liquidity pressures and fallout from aggressive lending.
...keep reeding on cnbc.com
Asian stocks extend global rout; bonds hammered as war drags on
Asian stock markets were swept up in a global rout on Friday, tracking Wall Street lower as the threat of a protracted energy shock out of the war-torn Middle East sent borrowing costs spiralling higher.
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The Private-Credit Industry's Trouble: Surging Redemptions, Slower Fundraising
Investors are debating what the data shows about the health of private credit.
...keep reeding on wsj.com
Nikkei Falls 1.0%, Dragged by Machinery, Electronics Stocks
Japanese stocks were lower in early trade amid uncertainty over talks to end the war in Iran.
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Review & Preview: Nasdaq In Correction
A storm of negative headlines, in addition to Iran, sent a wide range of tech stocks tumbling.
...keep reeding on barrons.com
Fed's Perli: Monthly Pace of Treasury Purchases Likely to Be ‘Significantly Reduced' After Mid-April
The Federal Reserve is on track to significantly reduce its monthly purchases of government bonds after mid-April, according to Fed markets official Roberto Perli.
...keep reeding on wsj.com
Apollo's Torsten Slok: A Fed rate hike is still 'extremely unlikely'
Torsten Slok, Apollo Global Management, joins 'Closing Bell Overtime' to talk the state of the U.S. economy and what is ahead for the Federal Reserve.
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Sen. Warren rips Federal Reserve chair pick Kevin Warsh: 'You have learned nothing from your failures'
Sen. Elizabeth Warren, D-Mass., told Federal Reserve chair nominee Kevin Warsh she expects he would serve as a "rubber stamp for President Trump's Wall Street First Agenda" if confirmed for that post.
...keep reeding on cnbc.com
Why software stocks proved resilient on a dismal day for tech
Even as the Nasdaq slid into correction territory, shares of prominent software companies like Salesforce, CrowdStrike and Figma finished the session higher.
...keep reeding on marketwatch.com
Stock Market Sells Off Amid Ongoing U.S.-Iran War As Oil Prices Jump; Cirrus Breaks Out
The stock market sold off Thursday amid the ongoing U.S.-Iran war, as oil prices surged. Cirrus stock broke out past a new buy point.
...keep reeding on investors.com
‘Sifting Through the Wreckage' to Find 7 Industrial Stocks to Buy
Mizuho analyst Brett Linzey is looking for industrial stocks that can work after the Iran war winds down.
...keep reeding on barrons.com
Middle East Conflict Drags Nasdaq Into a Correction
Stocks' fall set up Dow industrials for their worst month since 2022.
...keep reeding on wsj.com
Stocks Selloff Amid Iran Ceasefire Doubts | The Closing Bell
Watch comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Katie Greifeld, Bailey Lipschultz, Carol Massar and Tim Stenovec. Doubts that a ceasefire between the US and Iran may materialize any time soon sent stocks and bonds lower and oil higher.
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US markets see biggest slump since start of US-Israel war on Iran
US markets saw their biggest slump since the start of the US-Israel war with Iran on Thursday as Donald Trump said the conflict's impact on oil prices had not been as bad as he expected.
...keep reeding on theguardian.com
The Trump Skepticism Trade
Markets are now skeptical of Trump's positive headlines, with rallies being sold and bond yields rising. The prevailing strategy has shifted to selling into strength — the 'Trump skepticism trade' — as technical and macro pressures persist.
...keep reeding on seekingalpha.com
Bill Ackman, Brad Gerstner Pile Into The Same 4 Stocks – What Do They See Coming?
Ackman and the Pershing Square Capital Management hedge fund share four stocks in common with Gerstner's Altimeter Capital hedge fund.
...keep reeding on benzinga.com