According to experts, valuations of tech companies, interest rate developments and corporate earnings are overshadowing political risks on investors’ list of concerns
The former head of global strategy for JPMorgan had been warning of a correction since September last year. He was fired a few days before the S&P 500 plunged
Wall Street opened higher on Monday, following the failed assassination attempt against the Republican candidate. The private prison sector performed particularly well in the stock markets
Supervisors like the SEC and the ESMA are warning about misleading information regarding companies’ tech capabilities, and working to ensure artificial intelligence does not create a systemic risk for investors down the line
Stocks of oil producers jumped after Saudi Arabia and other major oil producers said they’ll cut production by 1.15 million barrels per day from May until the end of the year
Stocks are coming off a sharp drop the prior day after the head of the Federal Reserve warned it could speed up its hikes to interest rates if pressure on inflation stays high
Wall Street had already been convincing itself that higher rates than earlier thought were on the way and that the Fed may even possibly go back to larger rate increases following last month’s data reports
A report Friday showed that US inflation is continuing to cool, raising hopes for a smaller increase that’s less painful than last year’s aggressive hikes