Wednesday, January 24, 2024

Thursday's News Links

[Yahoo/Bloomberg] Nasdaq Up as Tech Earnings Sifted: Markets Wrap

[Yahoo/Bloomberg] Oil Rises to 8-Week High on US Stockpile Drop and China Stimulus

[CNBC] The U.S. economy grew at a 3.3% pace in the fourth quarter, much better than expected

[Reuters] US fourth quarter economic growth handily beats expectations

[Yahoo Finance] US applications for jobless benefits rise, but layoffs remain at historically low levels

[Yahoo/Bloomberg] Fed Raises Rate on Emergency Loan Program to Stop Arbitrage

[Reuters] Record-high US stocks grow more expensive versus global peers

[Yahoo/Fortune] The era of free money is over, and unicorns are paying the price

[Yahoo Finance] ECB leaves interest rates unchanged at 4%

[Yahoo/Bloomberg] LGFV in China’s Shandong Province Extends Debt Payment Deadline

[Yahoo/Bloomberg] Tokyo Apartment Prices Reach Record for Third Straight Year

[Yahoo/Bloomberg] Norges Bank Says High Interest Rates Needed for Some Time

[Reuters] Taiwan president-elect says he hopes for continued firm US support

[Reuters] US Navy sends first warship through Taiwan Strait post-election

[Reuters] Ukrainian drones hit Rosneft refinery in Russia - source

[AP] Russia’s top diplomat accuses US, South Korea and Japan of preparing for war with North Korea

[Bloomberg] Why Did Car Insurance Get So Expensive?

[WSJ] The Fed Risks Getting Caught Up in Politics, Whatever It Does

[WSJ] U.S. Economy Grew 3.1% Over the Last Year

[WSJ] Insurers Rake In Profits as Customers Pay Soaring Premiums

[WSJ] Desperate Chinese Investors Are Pouring Into the U.S., Japan

[FT] ECB holds interest rates steady at 4 per cent

[FT] Chinese retail investors hit by big losses in ‘snowball’ derivatives

Wednesday Evening Links

[Yahoo/Bloomberg] China Stocks Poised to Extend Rally Into Third Day: Markets Wrap 

[Yahoo/Bloomberg] Nasdaq 100 Gains for Fifth Day; Treasuries Decline: Markets Wrap

[Yahoo/Bloomberg] Oil Rises to Top $75 as US Stockpiles Shrink More Than Expected

[Yahoo/Bloomberg] US 30-Year Yield Reaches Year-to-Date High After Poor Auction

[Reuters] US Navy intercepts missiles in Red Sea while escorting Maersk ships

[Reuters] As Trump-Biden rematch looks likely, Wall Street maps out election impact

[Yahoo/Bloomberg] Rubin Says US In a ‘Terrible Place’ on Deficit, Urges Tax Hikes

[Yahoo/Bloomberg] Thousands Swarm Buenos Aires Streets to Protest Milei’s Reforms

[Reuters] North Korea says it tested new strategic cruise missile on Wednesday

[NYT] Shipping Costs Soar in Wake of Red Sea Attacks

Wednesday Afternoon Links

[Yahoo/Bloomberg] S&P 500 hits record high on Netflix earnings, chips' boost

[Yahoo/Bloomberg] Oil Rises to Test $75 as US Stockpiles Shrink More Than Expected

[Reuters] Investors temper US rate cut bets as Fed meeting looms

[Yahoo/Bloomberg] US Business Activity Expands at Fastest Pace in Seven Months

[Reuters] Bank of Canada holds rates, says policy talks shift toward when to cut

[Reuters] ECB asks some lenders to monitor social media for early signs of bank runs -sources

[Reuters] NATO's largest exercise since Cold War kicks off

[Reuters] World groundwater levels showing 'accelerated' decline - study

[WSJ] Property Deals Have Collapsed. Prices Haven’t Yet.

[WSJ] China Moves to Boost Bank Lending in Broad Effort to Prop Up Growth