July 5, 2024
Investors

Asian shares retreat as investors question US economic strength

By Scott Murdoch SYDNEY (Reuters) – Asian share markets were mildly weaker on Tuesday as global investors consider the prospect the U.S. economy’s ‘exceptionalism’ is starting to unwind as manufacturing activity in the world’s largest economy further weakened. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.1%, after U.S. stocks ended the previous

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Finance

Stocks slide amid weak manufacturing data, GameStop rallies after return of ‘Roaring Kitty’

A technical glitch on the New York Stock Exchange (NYSE) early Monday resulted in multiple incorrect stock prices and volatility halts. Yahoo Finance’s Ines Ferré reports:The glitch impacted several stocks, most notably a 99.9% drop in the price of Warren Buffett’s Berkshire Hathaway (BRK-A) A-shares. Berkshire Hathaway (BRK-B) B-shares, which trade at 1/1,500th the price

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Finance

Bond market continues to ‘throw tantrums’: Strategist

As earnings season approaches and uncertainty around Federal Reserve rate cuts still looms, J.P. Morgan Managing Director & Global Market Strategist David Lebovitz joins Yahoo Finance Live to discuss which factor may play a bigger role in influencing rate cut predictions — FedSpeak or earnings. Lebovitz believes that both earnings and Fedspeak will contribute to

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