Wall Street remained close to its record highs but ended the day with minimal changes compared to Tuesday. In contrast, China’s stock market experienced a decline due to a disappointing housing stimulus announcement, while Japan’s market was impacted by weak export data. Despite this, Taiwan’s TSMC continued to perform well, along with companies like Nvidia … Read more
Duquesne Family Office founder and hedge fund manager Stanley Druckenmiller recently shared his thoughts on the upcoming election, stating that if forced to make a prediction, he believes former President Donald Trump would defeat Vice President Kamala Harris. Druckenmiller explained that while he previously viewed the election as a toss-up, the market now seems to … Read more
(Bloomberg) — The largest bond market in the world experienced a decline after a strong retail sales report led traders to reduce their expectations for Federal Reserve interest rate cuts this year. The Treasury yields rose as the positive economic data raised doubts about the speed at which the central bank would ease its policy. … Read more