The market also got an injection of hope after Fed Bank of New York President John Williams suggested a near-term rate cut remains a possibility. Politics
The sharp reversal in market sentiment came as lingering concerns over stretched valuations and heavy tech spending curbed a rally fueled by Nvidia's upbeat forecast Economics
Shares of Nvidia jumped over 5% in post-market trade after its revenue forecast beat estimates, helping lift other AI-related stocks. Politics
The MSCI All Country World Index hovered around a one-month low, while Asian shares were on track for a third straight day of losses. Politics
The MSCI Asia Pacific Index inched up 0.2%, with South Korea's Kospi helping lead gains. Politics
Asian shares rose with gains in South Korea leading. Events
The S&P 500 was little changed. The yield on 10-year Treasuries climbed three basis points to 4.11%. Bitcoin gained 2%. The dollar wavered. Economics
In other corners of the market, a gauge of the dollar edged up, while gold dipped 0.2%. The yen declined. Economics
Following a pause in the S&P 500's roughly $17 trillion surge, the gauge climbed on solid outlooks from Amazon.com Inc. and Apple Inc. To be fair, not every megacap gained. Politics
MSCI's regional stocks index climbed 0.4%, while Japanese shares advanced 1%. Gauges in mainland China and Hong Kong retreated. Economics
The technology sector remains the key focus of market participants. Over Wednesday and Thursday, Microsoft Corp., Alphabet Inc., Meta Platforms Inc., Amazon.com Inc. and Apple will all report results Politics
The S&P 500 hovered near 6,880. The yield on 10-year Treasuries was little changed at 3.98%. The dollar edged lower. Politics
Asian shares rose 1.5% to a new intraday peak with stocks in Japan and South Korea jumping by more than 2%. Indexes in China and Hong Kong also gained at the open. Economics