Yen Falls on Report Japan Has No Plans to Change GPIF Allocation
Related Stories
Morgan Stanley’s Wilson Sees Profit Boost for Stocks Beyond Tech
Morgan Stanley’s Wilson Sees Profit Boost for Stocks Beyond Tech US stocks beyond the technology giants are poised to report strong earnings this season, broadening the equity rally, according to Morgan Stanley strategists. The team led by Michael Wilson said the median S&P 1500 Composite Index constituent is generating earnings-per-share growth of more than 10%, the best performance since the post-Covid recovery.
Morgan Stanley’s Wilson Sees Profit Boost for Stocks Beyond Tech
Morgan Stanley’s Wilson Sees Profit Boost for Stocks Beyond Tech US stocks beyond the technology giants are poised to report strong earnings this season, broadening the equity rally, according to Morgan Stanley strategists. The team led by Michael Wilson said the median S&P 1500 Composite Index constituent is generating earnings-per-share growth of more than 10%, the best performance since the post-Covid recovery.
U.S. and Iran exchange strikes as Strait of Hormuz standoff escalates
Iran responded to a fresh wave of strikes from U.S. forces by launching an attack on American military bases in several Gulf states, deepening a standoff over the strategically vital Strait of Hormuz. The latest exchange casts further doubt over the future of the interim peace agreement signed last month, a deal that had sought to pave the way to reopen the Strait of Hormuz and end the war after 60 days of negotiations. Iran's strikes targeted U.S. bases in Kuwait, Bahrain, Jordan, Oman and...
Oil prices leap and stocks fall amid US-Iran strikes over Hormuz
Brent crude jumps nearly 5% and Asian markets drop, with chipmakers including SK Hynix among hardest hitBusiness live – latest updatesOil prices jumped and stocks fell after the US launched a fresh wave of attacks against Iran amid an escalating standoff over the strait or Hormuz. Brent crude, the international benchmark for oil prices, rose 4.7% to $79.59 a barrel. Asian stock markets dropped sharply, with South Korea’s Kospi down 8% and Japan’s Nikkei 225 and China’s Shanghai Composite 2%...