The surge in IT stocks was fuelled by the US Federal Reserve's decision to cut interest rates by 50 basis points, lowering the target range to 4.75 per cent to 5 per cent.
Every investor needs to see this video of a "peeing car." Goldman Sachs says this will be 10X bigger than the electric vehicle market. Elon Musk is terrified. Tesla could be fInished. But early investors could make a fortune >>
The Asia-Pacific equity markets mostly fell as markets braced for the US inflation report later in the day for clarity on the potential extent of the Federal Reserve's rate cut. Traders..
The Asia-Pacific equity markets were mixed on Tuesday, as sentiment took a hit after the US government proposed new sanctions on Chinese biotech firms. Markets also tracked Wall Street's ..
US producer prices continued to cool overall in August, showing that inflation across the economy is improving. But a closely watched measure of underlying inflation remained stubbornly elevated, reflecting the bumpiness in reining in price hikes.
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