Market News
Latest financial news from across the markets
Daily Market Overview
Markets are experiencing a notable pullback, particularly in the tech sector, with the S&P 500 and Nasdaq both closing lower, largely influenced by concerns surrounding Alphabet and other mega-cap stocks. Nvidia's stock is under pressure as traders anticipate a decline in chip prices. Meanwhile, Meta has made headlines by investing $4 billion in an Indian startup and hiring its founder to lead WhatsApp, while Amazon's early Prime Day is drawing attention from Wall Street. In economic news, inflation remains a key focus, with Bank of America predicting three Fed rate hikes this year amid worsening inflation signals.
Latest Market Updates
| Title | Published |
|---|---|
Singtel raises $773 million from Thai energy stake sale to fund AI growth Singtel raises $773 million from Thai energy stake sale to fund AI growth | less than a minute ago |
Singapore inflation holds at 1.8% in May, cooler than expected as services costs ease Singapore inflation holds at 1.8% in May, cooler than expected as services costs ease | less than a minute ago |
Ro Khanna challenges Elon Musk to televised debate after online DOGE battle Ro Khanna challenges Elon Musk to televised debate after online DOGE battle | less than a minute ago |
Beijing ramps up tech scrutiny but a repeat of 2021 crackdown is unlikely Beijing ramps up tech scrutiny but a repeat of 2021 crackdown is unlikely | less than a minute ago |
CNBC's The China Connection newsletter: Tackling the EV truck market CNBC's The China Connection newsletter: Tackling the EV truck market | less than a minute ago |
Tuesday's stock stories: Whatâs likely to move the market in the next session Tuesday's stock stories: Whatâs likely to move the market in the next session | less than a minute ago |
'We'll see' â Trump hedges on guarantee Iran won't rebuild military with oil 'We'll see' â Trump hedges on guarantee Iran won't rebuild military with oil | less than a minute ago |
Singtel raises $773 million from Thai energy stake sale to fund AI growth
Singtel raises $773 million from Thai energy stake sale to fund AI growth
Singapore inflation holds at 1.8% in May, cooler than expected as services costs ease
Singapore inflation holds at 1.8% in May, cooler than expected as services costs ease
Ro Khanna challenges Elon Musk to televised debate after online DOGE battle
Ro Khanna challenges Elon Musk to televised debate after online DOGE battle
Beijing ramps up tech scrutiny but a repeat of 2021 crackdown is unlikely
Beijing ramps up tech scrutiny but a repeat of 2021 crackdown is unlikely
CNBC's The China Connection newsletter: Tackling the EV truck market
CNBC's The China Connection newsletter: Tackling the EV truck market
Tuesday's stock stories: Whatâs likely to move the market in the next session
Tuesday's stock stories: Whatâs likely to move the market in the next session
'We'll see' â Trump hedges on guarantee Iran won't rebuild military with oil
'We'll see' â Trump hedges on guarantee Iran won't rebuild military with oil