Anna Edwards and Mark Cudmore break down today’s key themes for analysts and investors on “Bloomberg Markets Today.” (Source: Bloomberg) from Bloomberg Markets https://ift.tt/jYOh2is
Industry experts and executives have been discussing the implications of the SEC’s apparent U-turn on Ethereum. Its approval of spot Ether ETFs on May 23 may be a signal that the regulator now views the asset as a commodity and not a security. The regulator officially approved 19b-4 applications from VanEck, BlackRock, Fidelity, Grayscale, Franklin…
Daybreak Europe anchor Tom Mackenzie reports on the good news and bad news on the markets theme as US business activity expands the most in two years, with composite PMI topping economists’ estimates, as well as Nvidia’s stock surge with co-founder Jensen Huang now richer than each individual member of America’s richest family. (Source: Bloomberg)…
Nvidia’s blockbuster earnings and forecast couldn’t stop Wall Street from taking a late dive. https://www.cnbc.com/2024/05/24/cnbc-daily-open-dows-worst-day-in-2024-nvidia-shares-pop.html
Danske Bank no longer predicts the European Central Bank will lower interest rates in September, citing sticky inflation and the strong start to 2024 by the euro-zone economy. from Bloomberg Markets https://ift.tt/5Ffqbjv
The USS Harder sank Japanese ships in audacious missions during the war. https://ift.tt/EAZmNwH May 24, 2024 at 10:01AM
S&P Global Ratings said it’s closely monitoring the outcome of South Africa’s elections next week and subsequent government policies to address issues from crime to energy supply that have deterred investment. from Bloomberg Politics https://ift.tt/tGlm21Q
Retail sales fell 2.3% in April, more sharply than forecast, as consumers proved reluctant to spend in stores as poor weather reduced footfall and inflation was still high. https://www.wsj.com/articles/u-k-shoppers-spent-less-in-april-as-inflation-rain-damped-sales-0f7de072
Donald Trump held a campaign rally in a diverse New York neighbourhood that is a Democratic stronghold. https://ift.tt/HCT40sI May 24, 2024 at 06:30AM
Stephen Bird, the chief executive of trouble asset manager Abrdn Plc, has stepped down. from Bloomberg Markets https://ift.tt/UNEtdQ2