A selloff in chipmakers sent stocks lower, with the market also falling as inflation angst and rising government debt kept bond yields elevated. John Mowrey, CIO at NFJ Investment Group, discusses AI capex spending and equities reaching all-time highs. (Source: Bloomberg)
High tariffs on Chinese goods have had predictable effects
U.S. natural gas futures fell after weekend updates took some of the chill out of early February weather forecasts.
Arabica coffee prices hit a record level, as traders digested the withdrawal of President Trump’s threats to impose tariffs and economic sanctions on Colombia.
Gold settled 1.4% lower, down two of the past three sessions, and silver fell 2.5%, down three of the past four sessions.
U.S. stocks were mostly lower, with the Nasdaq leading declines as makers of AI infrastructure suffered steep falls, many in the double digits. Nvidia was down 16%.
Federal Reserve issues initial findings from its 2025 triennial payments study
Colombia has a long road ahead to sustainable peace. Recognizing the failures of past approaches, the incoming government could seek a new security strategy that draws on building state presence in conflict areas and clear institutional frameworks to foster safety and security for Colombian citizens
A modern payment system could allow households and businesses in Gaza to receive aid, earn income, and transact safely during reconstruction. But it can only function with reliable internet, suitable devices, and robust identity verification. The post Digitizing Gaza’s financial system appeared firs
A financing entity of Guggenheim Investments moved to explain a steep decline in second-quarter earnings, citing a delay in reporting some advisory fees, after the disclosure sent its loan price tumbling.