Japan Stocks Set to Drop Ahead of BOJ Decision: Markets Wrap

-- Stocks in Japan are set to decline as the nation’s central bank kicks off a closely watched series of global policy meetings. The world’s largest technology companies extended losses in late US hours on concerns the artificial-intelligence frenzy might have gone too far.Kamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatEquity futures pointed to a drop of more than 1% in Tokyo, while those for Hong Kong were little changed and Sydney was set for a slight gain.

The S&P 500 fell to around 5,435 on Tuesday. The Nasdaq 100 slid 1.4%. A gauge of the “Magnificent Seven” megacaps sank 2%. The Russell 2000 of small firms rose 0.3%. Nvidia Corp. tumbled 7%, wiping $193 billion from its market value. To Bank of America Corp.’s Savita Subramanian, the S&P 500 has probably already logged the gains it will see this year, but the benchmark still presents ample opportunities for investors.

Pfizer Inc. raised its profit expectations for the year, citing new cancer drugs, as it seeks to dig out of a Covid-related hole in sales. PLANTATION, Fla. — A Florida school employee who let her transgender daughter play on her high school’s girls volleyball team is being suspended for 10 days after the district’s board found on Tuesday that she violated state law but said firing her would be too severe.Samsung is marketing Galaxy Z Flip phones as police bodycams

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BlackRock bullish on U.K. stocks after elections, Japan stocks are top playBlackRock Investment Institute said in a mid-year outlook report that the prospect of higher-for-longer interest rates made inflation-linked bonds attractive
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Asian Stocks to Gain on CPI; Japan Set for Yen Hit: Markets Wrap(Bloomberg) -- Most Asian stock markets were set to advance Friday on fresh signs of slowing US inflation that sent bond yields tumbling and sparked a...
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Drop in Magnificent Seven could drag down U.S. stocks, top fund manager saysA senior executive at Morgan Stanley thinks U.S. stocks could drop by between 10% and 13% this year
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Global Stocks Drop on AI Rethink, Yen Strengthens: Markets Wrap(Bloomberg) -- Equities in Asia were set to decline as investors began pulling back on the artificial-intelligence frenzy that has powered the bull market...
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Stocks open week higher after Biden's 2024 election drop outUS equities (^DJI, ^IXIC, ^GSPC) open Monday's trading in positive territory after this past weekend's news that President Biden will be dropping out of the ...
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Stock market today: Wall Street holds steadier a day after big drop in tech stocksNEW YORK (AP) — Wall Street is holding steadier following the worst day for big technology stocks since 2022. The S&P 500 was up 0.2% in early trading Thursday, and the Nasdaq composite was up 0.6%.
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