Reported 18 days ago
U.S. and global markets are experiencing heightened volatility as Wall Street's fear gauge reached its highest level in nearly four months, driven by renewed AI excitement and escalating U.S.-China trade tensions. Key events include updates from major U.S. banks and a speech from Federal Reserve Chair Jerome Powell. While chipmakers saw gains due to Broadcom's OpenAI partnership and Google's investment plans, fears of further trade costs and a government shutdown loom over the market. In Asia, Japan's stock market tumbled as investors react to political uncertainties.
Source: YAHOO