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Tech stocks slipped after Powell signaled caution on future rate cuts; Treasury yields dipped, gold hit record highs, and Nvidia, Amazon, Microsoft and Apple gave back recent gains.
Wall Street tech rally paused as Nvidia and Amazon slipped ahead of Fed Chair Powell's remarks; markets price further rate cuts, dollar stayed steady, and gold hit a record high while yields remained…
BOJ held policy amid dissents, the dollar stayed soft after a Fed rate cut, equities rallied and Nvidia pledged $5bn to Intel. Markets await BOJ commentary on rates and ETF/REIT sales as investors we…
Eurozone inflation likely steady at 2.0% while Nestle abruptly dismissed its CEO; dollar weakness on Fed rate-cut bets pushes gold higher and supports euro gains versus the dollar.