U.S. Stock Futures Edge Higher Ahead of Major Earnings and AI Test
At 05:18 a.m. ET on Monday, Dow E-minis were up 106 points, or 0.2%, S&P 500 E-minis gained 16.5 points, or 0.22%, and Nasdaq 100 E-minis advanced 111.75 points, or 0.39%. The move followed a sharp pullback in the three...
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China Q2 GDP Growth Slows as Domestic Demand Weakens
GDP Growth Slows Below Expectations China’s gross domestic product grew 4.3% year-on-year in the April–June 2026 quarter, according to data from the National Bureau of Statistics released on Wednesday. The reading fell short of the 4.5% market forecast and was...
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South Korean chipmakers lead Asia declines as AI selloff deepens
AI spending concerns trigger semiconductor selloff The KOSPI was last down 5%, with Samsung Electronics falling 7.5% and SK Hynix dropping 9.2%, extending weakness after a negative session on Wall Street. SK Hynix slid to its lowest level since June...
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China Manufacturing PMI Edges Higher as Exports and AI Spending Support Activity
Manufacturing PMI Supported by Export Demand China’s official manufacturing PMI rose to 50.3 in June, compared with 50.0 in May and above market expectations of 50.2, according to government data released on Tuesday. A reading above 50 indicates expansion, though...
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Asian Stocks Mixed as Middle East Tensions Ease and Rate-Hike Bets Support Dollar
Asian Markets Under Pressure Despite U.S.-Iran De-escalation Asian stocks were subdued on Monday, June 29, after Iran and the United States agreed to halt renewed hostilities that had threatened an interim peace deal and supported oil prices. South Korea's KOSPI...
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