Asian Tech Stocks Drop as Yen Whipsaws After Rally: Markets Wrap – Yahoo Finance

(Bloomberg) — Asian tech stocks fell on Friday, echoing Wall Street’s declines, while the yen was shaky, as slowing U.S. inflation prompted investors to pull out of big tech companies. Most read articles on Bloomberg On Thursday, the Nasdaq 100 Index fell 2.2% after slowing inflation data that supports a rate cut, while an index […]

Stocks Suffer For The Last Two Months And More Likely Ahead

Estimated Reading Time: 6 minutes Readers might recall on August 3, and subsequent to that, we suggested that the stock market had gotten “overbought” and was vulnerable to the weakness that typically is found (called seasonality) in the late summer. Whether we are just lucky or smart, the market has cooperated by declining about 7% […]

Senators unveil bipartisan plan to ban president, lawmakers from buying stocks

Senators on Wednesday unveiled a bipartisan plan to ban the president, vice president and members of Congress from buying stocks and a wide range of other financial assets. The proposal from Sens. Jon Ossoff (D-Ga.), Gary Peters (D-Mich.), Josh Hawley (R-Missouri) and Jeff Merkley (D-Ore.) is scheduled to be considered at a hearing in the […]

French stocks retreat as election result sows fiscal worry – Yahoo Finance

(Bloomberg) — French markets erased initial losses as investors speculated that an election that failed to deliver a clear majority would force the next government to make compromises and back off its most extreme policies. Most read articles on Bloomberg The CAC 40 index rose 0.2% after dropping 0.6% at the open. French government bonds […]