Markets pause ahead of Fed minutes and PCE
Meta's AI infrastructure deal lifted Nvidia to about $184.97 after hours. Investors rotated into hyperscalers and chipmakers while software stocks lagged.
Fresh coverage on the economy, markets, and the forces moving money.
Meta's AI infrastructure deal lifted Nvidia to about $184.97 after hours. Investors rotated into hyperscalers and chipmakers while software stocks lagged.
Mike McGlone of Bloomberg Intelligence warned bitcoin could slide toward $10,000.
Investors are offloading US stocks and bonds while gold and silver hit record highs amid trade tensions.
European leaders prepare countermeasures, including sanctions and trade actions, to deter US coercion over Greenland.
Stocks fell sharply and bond yields rose as tensions over Greenland and tariffs increased market volatility.
Goldman Sachs estimates Trump's 10% tariffs will reduce euro area GDP by about 0.1%, signaling a mild economic drag.
Goldman Sachs warns US tariffs on Europe may cut eurozone GDP and trigger escalating trade disputes.
European leaders face growing pressure to adopt tougher responses to Trump's aggressive actions over Greenland.
Trump’s tariff threat triggered major stock declines, soaring Treasury yields, and a flight to gold and silver.