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Nasdaq Tumbles Amid Decline In Tech Stocks: Greed Index Moves To 'Fear' Zone
AMD Partners With Microsoft, Meta, And Google On New AI Accelerator Link Standard To Challenge Nvidia's Dominance
Consumer giants collectively performed poorly!
From Nestle to Procter & Gamble, and then to Starbucks, the entire consumer industry is showing signs of weakness, and the performance of consumer giants in the Chinese market is generally declining. As disposable income is constrained, consumers are increasingly focused on reducing consumption or turning to lower-priced commodities.
Another round of pre-announcement before the release! Will Japan raise interest rates and shrink its balance sheet at the same time? Technology stocks plummeted in response to the news overnight, and the Japanese yen rose.
NHK reports that the Bank of Japan is discussing raising interest rates to 0.25%, and combined with previous analyses, the central bank may propose specific measures to reduce the balance sheet at this meeting. Will this 'double whammy' affect global markets today?
Market Sells Off on Earnings Near Misses, FOMC Incoming | Wall Street Today
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