Thursday, May 30, 2024
Evening
- Nasdaq falls 1%; Salesforce shares weigh on tech
- Fed’s Logan Says Policy May Not Be as Restrictive as Believed
- Morning Bid: China PMIs, Tokyo CPI eyed; month-end mood dims
- Biden secretly gave Ukraine permission to strike inside Russia with US weapons
- Biden allows Ukraine to use US-supplied arms to strike inside Russia near Kharkiv area, say US officials
- Subway Borrows $3.35 Billion in Biggest Securitization of Its Kind
- Tett: There is currency stress on the horizon
- US seeks to choke off supplies via China for Russia’s war machine
Afternoon
- Wall St slips as Salesforce drags on tech; data boosts rate-cut hopes
- Oil Falls Despite US Storage Drop as Traders Await OPEC+ Meeting
- High Interest Rates Are Working, Fed's Williams Says
- Fed's Williams: Monetary policy well positioned to lower inflation
- US Mortgage Rates Climb Past 7% in First Gain Since Early May
General
- US Stocks Drop as High Yields Sour Mood: Markets Wrap
- Yen Rebounds After Weakening to Level of Suspected Intervention
- Traders Are Bracing for a Record-Smashing Summer That Will Shake Up Commodities
- Dollar ascendant as surging US yields spur demand for safe havens
- Oil Steadies as Traders Look to OPEC+ Meeting, US Inventories
- The number of Americans applying for jobless benefits inches up, but layoffs remain low
- GDP shows U.S. economy grew just 1.3% in the first quarter as consumer spending slowed
- Morning Bid: Agitated markets wary of June heat
- Biggest month of bond supply to test markets as rate cut bets fade
- US banks have a commercial property blind spot risk, study warns
- Suffering drought, heat, blackouts, Mexicans head to the polls
- China's military says Taiwan drills met goals but it is ready for further action
- China Vanke in Advanced Talks With Banks for $6.9 Billion Loan
- Fourteen Hong Kong democrats found guilty in landmark subversion trial
- Extreme Heat Helps Push India’s Power Demand to New Record
- Dudley: The Fed Thinks It’s Fighting Inflation. Think Again.
- This Record Stock Market Is Riding on Questionable AI Assumptions
- The Rise in Consumers’ Late Debt Payments Is Slowing Down
- Eurozone Unemployment Hits Record Low
- US slows plans to retire coal plants as power demand from AI surges
- Can US offices collapse without breaking something important?
- Pressure mounts on Beijing to allow renminbi to weaken
- Exodus of US law firms from Shanghai accelerates
- Europe may soon discover the limits of decoupling on rates
- The fading Fed reign of economics PhDs