Stocks Mostly Steady After Tuesday's Tech Selloff
The stock market was mixed to start Wednesday’s session following yesterday's tech stock slide. The Dow was up 26 points, or 0.1%. The S&P 500 was flat. The Nasdaq Composite was down less than 0.1%.
Zelensky Rules Out Ceding Territory In 'Victory Plan'
Ukrainian President Volodymyr Zelensky on Wednesday ruled out ceding any of the country's territory to Russia while presenting a long-awaited "Victory Plan" to parliament.
Airbus To Cut Up To 2,500 Jobs In Space, Defence Unit
European aviation giant Airbus plans to cut up to 2,500 jobs in its struggling defence and space division, a source close to talks between management and unions said Wednesday.
Iran Guards Say 'Will Not Hesitate To Support' Regional Allies
Iran's Revolutionary Guards on Wednesday said they "will not hesitate to support" regional allies in the conflict against Israel.
Thomas Tuchel Appointed England Manager: Football Association
Thomas Tuchel was named England's new manager on Wednesday, with the German set to start in the role from January 1, 2025.
U.S Recession Fears Fade With Geopolitical Conflict Now the Biggest Tail Risk for Investors
Investors see geopolitical conflict as the biggest tail risk—a theoretical event that has a low probability of occurring but could have severe economic consequences—Bank of America's October global ...
Oxford Announces 38 Candidates To Be Next University Chief
Britain's University of Oxford on Wednesday said 38 candidates are in the running to become its next chancellor but Pakistan's jailed former prime minister Imran Khan is not among them despite his ...
Investors Favor Corporate Bonds Over Government Bonds, BofA Survey Says
The Bank of America global fund managers survey for October shows investors prefer corporate bonds to government bonds. Asked about positioning within their bond allocations, a net 32% of investors su ...
Why Is North Korea Blowing Up Roads, Railways To The South?
Dynamiting inter-Korea roads and railways. Threatening war over drone incursions. Moving nuclear-capable weapons to the border. North Korea appears very unhappy with the South at the moment -- but why ...
ASML Highlights Market’s AI Bubble Fears. But This Red Flag Would Rock Stocks.
Dow, S&P 500, and Nasdaq futures are mixed in premarket trading Wednesday as stock markets react to the huge ASML selloff in the previous session.
Wall Street Fear Index Ticks Up Again After Big ASML Selloff
After a spell of relative calm, investors are feeling a bit more uncertain after Dutch chip manufacturing equipment maker ASML's weak sales guidance, which sparked a big tech selloff. The Cboe ...
LVMH Drags Down Luxury Stocks. It's All About China.
Shares in LVMH Moët Hennessy Louis Vuitton were sliding on Wednesday after the French luxury goods maker warned that China's faltering economy is weighing on its sales numbers. In an earnings report ...