Thursday's News Links

[Yahoo/Bloomberg] Nvidia, Rate-Cut Bets Help Tech Stocks to Power On: Markets Wrap

[Yahoo/Bloomberg] Oil Gains as OPEC+ Ministers Reject Reaction to Output Increase

[Yahoo/Bloomberg] China Property Stocks Fall 20% From May High as Concerns Linger

[Yahoo/Bloomberg] ECB Delivers Landmark Rate Cut But Few Signals on Next Steps

[Reuters] ECB sees higher growth, inflation

[AP] Slightly more Americans apply for jobless benefits, but layoffs remain at healthy levels

[Yahoo/Bloomberg] Nvidia’s Rise to $3 Trillion Fuels ‘Jensanity’ in Tech World

[Reuters] Breakingviews: Five reasons financial disasters are hard to avoid

[Yahoo/Bloomberg] China’s Big Chip Fund to Exceed $47.5 Billion Goal, Adviser Says

[Yahoo/Bloomberg] BOJ’s Leading Dove Voices Caution Ahead of Next Week’s Meeting

[Reuters] BOJ's Nakamura warns Japan may miss price goal from 2025

[Yahoo/Bloomberg] Risks to Yen Carry Trade Don’t Scare Japan’s Retail Investors

[AP] Putin warns that Russia could provide long-range weapons to others to strike Western targets

[Reuters] Kremlin says Kyiv's backers will face consequences after Putin says he may arm West's enemies

[Bloomberg] Rising US Debt Load Poses a Growing Risk for Treasury Market

[Bloomberg] US Trade Gap Widens to $74.6 Billion, Largest Since October 2022

[Bloomberg] ‘Everything Is Not Going to Be OK’ in Private Equity, Apollo’s Co-President Says

[NYT] Guess Who’s Angry at China’s Real Estate Bailout: Homeowners

[WSJ] What the Fed Doesn’t Communicate

[FT] ECB cuts interest rates for first time in five years

[FT] Why the hurricane season matters for the Federal Reserve

Wednesday Evening Links

[Yahoo/Bloomberg] Asian Stocks Eye Higher Open After Fresh US Record: Markets Wrap

[Reuters] S&P 500, Nasdaq close at record highs as data supports Fed easing

[Reuters] Nvidia overtakes Apple as No. 2 most valuable company

[Yahoo/Bloomberg] China Accelerates Grid Projects to Keep Up With Renewables Boom

[Yahoo/Bloomberg] Mexico Death Linked to Bird Flu Strain That’s New in Humans

[Reuters] Putin says Russia could deploy missiles in striking distance of the West

Wednesday Afternoon Links

[Reuters] Tech stocks lift Nasdaq, S&P 500 as rate-cut expectations tick up

[Reuters] Unwinding of hugely popular currency trade rocks markets

[AFP] World's richest have never been so wealthy: study

[Reuters] Explainer: Is the Hezbollah-Israel conflict about to spiral?

[Reuters] Relations between Moscow and Washington won’t change no matter who wins the US election, Putin says

[Reuters] World hits streak of record temperatures as UN warns of 'climate hell'

[Bloomberg] Drought Hampers Manufacturing in Mexican State Bordering Texas

[FT] World must exit ‘highway to climate hell’, UN boss warns, as heat records broken