U.S. Treasury yields edge higher as markets assess Trump’s State of the Union
At 5:07 a.m. ET on Wednesday, the benchmark 10-year U.S. Treasury yield was up 2 basis points at 4.053%. The 30-year Treasury bond yield rose 1 basis point to 4.703%, while the 2-year Treasury note yield added 1 basis point...
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Oil Prices Advance as US–Iran Tensions Outweigh Bearish Inventory Data
Geopolitical Tensions Support Crude Benchmarks On Wednesday, both major crude benchmarks advanced despite data indicating a large build in US crude oil stockpiles, a factor that would typically weigh on prices. Brent crude futures rose to $70.82 per barrel, while...
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Asian Equities Climb as Japan and South Korea Hit Record Highs on Tech Strength
Regional Equities Advance on Technology Momentum Most Asian stocks traded higher on Wednesday, with Japan and South Korea at the forefront of the rally. Japan’s Nikkei 225 rose nearly 2% to a record high of 58,319.0 points, supported by strength...
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Meta to Buy $100 Billion of AMD AI Computing Power in Landmark Deal
Meta Commits to 6 GW of AI Computing Capacity Under the agreement, Meta will acquire sufficient quantities of AMD’s latest MI450 series chips to power data centers using up to 6 gigawatts of computing power over the next five years....
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Markets Steady as AI Concerns and New Trump Tariffs Weigh on Sentiment
AI Jitters and Earnings Uncertainty Pressure Risk Appetite Market sentiment is being clouded by growing apprehension over potential disruptions from artificial intelligence technologies. The AI disruption narrative has gained traction as companies across various sectors face possible displacement, leaving investors...
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