Wednesday's News Links

[Yahoo/Bloomberg] Stocks Drift With Wall Street Rally Put on Pause: Markets Wrap

[Yahoo/Bloomberg] Oil Climbs as Industry Report Points to Falling US Stockpiles

[CNBC] World’s first major act to regulate AI passed by European lawmakers

[AP] Europe’s world-first AI rules get final approval from lawmakers. Here’s what happens next

[CNBC] Weekly mortgage demand jumps again as interest rates fall just below 7%

[CNBC] Top CFOs are as bullish on the Dow and as dovish on the Fed as they’ve been in a long time: CNBC survey

[Yahoo/Bloomberg] ECB More Likely to Cut in June Than April, Villeroy Says

[Reuters] Country Garden onshore bondholders have not received coupon payment, news site reports

[Yahoo/Bloomberg] BOJ Looks for Final Piece of Rate Puzzle in Wage Talks

[Reuters] Toyota agrees to biggest wage hike in 25 years in sign of Japan Inc's big pay bump

[Reuters] Global electric car sales in February hurt by China's New Year celebrations

[Yahoo/Bloomberg] Major Russian Oil Refinery on Fire After Drone Strike

[Reuters] Ukraine knocks out Russian refinery in major attack

[AP] Putin warns again that Russia is ready to use nuclear weapons if its sovereignty is threatened

[Bloomberg] Dudley: The Fed Will Slow QT. What Matters Is Where It Stops

[WSJ] Hold the Inflation Champagne

[WSJ] How China Tried to Fix the Stock Market—and Broke the Quants

[FT] China’s treatment of local debt ‘ulcer’ threatens growth target

[FT] Russia ‘prepared’ for nuclear war, warns Vladimir Putin

Tuesday Evening Links

[Reuters] S&P 500 posts record high close as Oracle jumps, traders keep rate-cut bets

[Yahoo/Bloomberg] Treasuries Extend Declines After Weak Demand for 10-Year Sale 

[Reuters] Oil Slips as OPEC Supply Cuts Stall Out, US Inflation Persists

[Reuters] US February budget deficit climbs on interest costs, tax refunds

[Yahoo/Bloomberg] Risk Appetite in Bitcoin Spurs ‘Enormous’ Leveraged ETF Flows

[Yahoo/Bloomberg] Citadel’s Griffin Says Fed Should Go Slow to Avoid ‘Devastating Course’

[CNBC] Coastal land is sinking, doubling the potential damage from rising seas — here’s why

[WSJ] Small-Business Bankruptcies Surge Ahead of Potential Law Change

Tuesday Afternoon Links

[Reuters] Nasdaq leads Wall St up as traders hold rate-cut bets after CPI data

[Reuters] Fed seen on hold until June, with rate-cut pace in focus

[Yahoo/Bloomberg] Wall Street Sees Risks of Later Start Date for Fed’s QT Tapering

[CNBC] Here’s the inflation breakdown for February 2024

[Yahoo Finance] Gas prices drove inflation higher last month

[Reuters] Venezuela rushes to mend Iran relationship as US sanctions loom

[WSJ] Israel and Hezbollah Exchange Fire as Tensions Flare on Lebanon Border

[FT] US inflation rise to 3.2% highlights ‘last mile’ challenge for Federal Reserve

[FT] Israel strikes targets deep inside Lebanon as cross-border fire escalates

[FT] Shipbuilding: the new battleground in the US-China trade war