Jun 28, 2024 | Markets
Strategist and team reiterate 4,200 target in mid-year outlook They cite ‘disconnect’ between valuations and business cycle The S&P 500 Index may be headed for another record closing high, but JPMorgan Chase & Co.’s Marko Kolanovic says the benchmark will...
Jun 27, 2024 | Markets
Traders take money off the table ahead of July meeting Hong Kong equity benchmark also close to entering correction MSCI Inc.’s key gauge for Chinese stocks has entered into a technical correction as policy measures fail to arrest a slide in earnings, increasing...
Jun 27, 2024 | Markets
US office vacancy rate is forecast to hit a peak of 24% by 2026. Nearly one-quarter of all US office space will be vacant by 2026 as working from home persists, slicing commercial-property values by as much as $250 billion, according to a report from Moody’s....
Jun 27, 2024 | Markets
Net selling of tech in June on track to be worst on record Prime brokerage desk sees growing signs of equity degrossing In a month when Nvidia Corp. briefly became the world’s largest company, hedge funds were “aggressively” selling tech stocks, according to analysis...
Jun 25, 2024 | Markets
Uncertain how Republicans may react to possible second defeat Chinese premier warned of negative consequences of decoupling America’s deep partisan divide threatens to inject uncertainty into markets even if Joe Biden wins a second term, according to economic...
Jun 24, 2024 | Markets
Perusahaan Listrik Negara notes among biggest losers in Asia Next government mulls lifting debt ratio to two-decade high Indonesian state-run power utility’s dollar bonds have suffered the most in Asia over the past two weeks due to rising concerns about the nation’s...
