Wednesday, June 7, 2023
Evening
- S&P 500, Nasdaq close lower as traders cash in on latest megacap rally
- US trade deficit widens to 6-month high, expected to dent economic growth
- U.S. East Coast blanketed in eerie veil of smoke from Canada fires
- NYC Mayor Urges Citizens to Wear Masks for ‘Unprecedented’ Smoke
- Bank failures, 'hard landing' still top-of-mind for hedge funds
- Ray Dalio Says US at Beginning of ‘Late, Big-Cycle Debt Crisis’
- PGIM CEO Sees 60% of Office Real Estate Market in ‘Purgatory’
- Republican Insurgents Block Speaker Kevin McCarthy for Second Day
- Debt servicing costs for EU budget set to double in 2024
Afternoon
- Tech Stocks Sputter as Traders Fear Rate Hikes: Markets Wrap
- Canadian Yields, Currency Surge as BOC Fuels Tightening Bets
- Oil Gains as US Refiners Ramp Up for Summer, Dollar Weakens
- Bank of Canada Upends Markets by Boosting Policy Rate to 4.75%
- Traders Now Fully Price In a Fed Hike by July as US Yields Climb
- Explainer: -What makes a crypto asset a security in the U.S.?
- Ukraine rushes drinking water to flooded areas as environmental damage mounts from dam break
- China’s Share of U.S. Goods Imports Falls to Lowest Since 2006
- US Treasury’s $1tn borrowing drive set to put banks under strain
- How US-China tensions shattered Sequoia’s venture capital empire
- Thousands race to flee Ukraine towns as flooding spreads
- Nato plans show of strength with biggest ever air exercise
General
- Stocks Waver With S&P 500 on Edge of Milestone: Markets Wrap
- Turkish lira drops 7%, signalling move towards free market
- World shares muted, lira plunges to record low
- Oil Swings as Traders Weigh Demand Concerns Against Saudi Cut
- Bank of Canada hikes another 25 basis points, bringing key rate to 4.75%
- Is it a ‘skip’ or a ‘pause’? Federal Reserve won’t likely raise rates next week but maybe next month
- SEC Seeks to Freeze Binance.US Assets and Protect Customer Funds
- Binance U.S. clients have $2.2 billion ‘at significant risk’ after crypto exchange charged, SEC says
- US Mortgage Applications for Purchases Drop for a Fourth Week
- Wall Street’s Once-Hot Trades of 2023 Are Unraveling in Markets
- McCarthy faces sudden challenge from hardliners after US debt ceiling bill
- Canada wildfires are leading to air-quality alerts in US. Here’s how to stay safe
- Ukrainians face homelessness, disease as floodwaters crest from destroyed dam
- Persistent inflation, higher interest rates will weigh on global economy, OECD predicts
- World Economy Set for Weak Inflation-Plagued Recovery, OECD Warns
- China Exports Drop More Than Expected, Fueling Growth Risks
- China's exports tumble in May, imports slow
- China Traders Are Leveraging Up The Most on Record on Flush Cash
- Morning Bid: China disappoints again, fanning speculation on stimulus
- China property liquidation risk heightened by delisting threat, says S&P
- China Big Four State Banks Said to Cut Dollar Deposit Rates
- China’s Fatal Heat Shows Risks of Another Scorching Asian Summer
- China's wheat growers face 'disaster' after heavy rain batters crop
- ECB Officials Urge Higher Rates Even as Inflation Retreats
- Australia’s Economy Cools as Aggressive Rate Hikes Take Toll
- China, Russia launch joint air patrol, alarms South Korea
- Treasury’s $1 Trillion Debt Deluge Threatens Market Calm
- Buy Now, Pay Later Is Boosting Sales. But Signs of Users’ Stress Are Emerging.