A Wall Street sell-off impacted Australian capital markets on Friday, leading to a decline in shares across technology, retail, and banking sectors due to rising bond yields and reduced rate cut expectations.
the combination of oversupply, moderated demand growth, geopolitical instability, and environmental challenges has contributed to the downward trend in lithium stocks.
In a week where rising bond yields de-railed the equities rally, Nvidia did its best to single handedly hold up the market.
The spiralling US debt, currently sitting at $34T and rising at least $1T every 100 days… and there will be consequences
Stocks slipped from record highs as rising Treasury yields on signs of sticky inflation dented rate-cut hopes offsetting an Nvidia-led charge higher in tech stocks.
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