Tech stocks fall on inflation fears, Brazil’s oil intervention, Big Tech goes green

Tech stocks fall on inflation fears, Brazil’s...

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Crude retreats but fuel prices stay high

Weakened refining capacity in Russia and the Gulf is a boon to US refiners. Plus, the Trump administration’s decision to revoke legal protections for migrants could hurt the US economy, and Google is shifting control of its AI effort from London back to Silicon Valley.Mentioned i ...  Show more

How Ukrainian drone expertise is helping Colombian narcos

Iran said it reached an agreement with Oman on a route through the Strait of Hormuz, US Democrats hope to win control of Congress in the midterm elections and scammers are taking advantage of the disruption caused by the EU’s new crypto rules. Plus, the FT’s Joe Daniels explains ...  Show more

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Inflation rotation, green growing pains and a soda snub
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The inflation trade is collapsing today, as the Fed gets a little more aggressive. We’ll tell you what moves to make right now. Plus, a lot of investors have been piling into ESG stocks lately. But what exactly IS an ESG stock? We’ll define it for you. And, in today’s ‘star-stu ...  Show more

Mixed results from Big Tech
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Markets had a risk-off day, with global equities, gold and Bitcoin falling. Investors are getting jittery ahead of next week's US elections, the Federal Reserve's interest rate decision, and China's National People's Congress. European stocks slumped after the release of euroz ...

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A significant intra-day reversal in US technology stocks
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The Nasdaq 100 fell as much as 1.5% before recovering to close just 0.6% lower. Markets remain on edge ahead of key events, including Jay Powell's speech at the Jackson Hole Symposium tomorrow, whilst the USD remains unchanged and gold rises amid concerns over Fed independence. U ...  Show more

Another Body Blow For Stocks as Jay Powell Sends Yields Spiking
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Comments from Fed Chair Jerome Powell suggested the central bank would not make any move to cap interest rates, sending yields spiking midday and stocks tanking. The Nasdaq gave up its gains for the year and went back into a correction. The Chart Master joins to telescope where t ...  Show more