Nasdaq Drops 2.2% as AI Spending, Higher Rates Fuel Tech Sell-Off
Global tech stocks saw a significant downturn, with the Nasdaq index falling 2.2 percent, driven by concerns over massive AI capital expenditure...

Global tech stocks saw a significant downturn, with the Nasdaq index falling 2.2 percent, driven by concerns over massive AI capital expenditure...

Treasury two-year yields reached their highest point since early 2025, driven by escalating Iran tensions pushing oil prices up and intensifying speculation...

Wall Street anticipates near-record Q2 earnings, but a fragile S&P 500 rally, high valuations, and economic headwinds mean companies must deliver "sunshine...

Gold prices fell on Friday, set for a weekly loss, as escalating US-Iran hostilities fueled inflation and interest-rate concerns. Spot gold dipped...

Japan's corporate goods prices rose 7.1% in June, the fastest pace since early 2023, strengthening the Bank of Japan's position for further...

Bank of England Chief Economist Huw Pill indicates interest rates may need to rise this year, citing persistent inflation above target and...

The average 30-year U.S. mortgage rate reached 6.49% this week, increasing borrowing expenses for prospective homebuyers. This rise adds financial pressure amid...

Gold trades in a narrow range, influenced by US strikes in Iran raising inflation fears and uncertainty over the Federal Reserve's interest...

Gold prices climbed sharply on Monday, defying a stronger U.S. dollar, as investors re-evaluated Federal Reserve rate hike expectations following June's weaker-than-anticipated...