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Trading Day: Recovery, but on mute

Trading Day: Recovery, but on mute

By Jamie McGeever ORLANDO, Florida, June 8 (Reuters) - The S&P 500 and Nasdaq rebounded on Monday from Friday's tech-led rout, on news of an Israel-Iran detente and as investors bought back cheapened stocks.

Chip rout puts Korea's 'ant' investors to the test as margin debt soars

Chip rout puts Korea's 'ant' investors to the test as margin debt soars

By Cynthia Kim and Yena Park SEOUL, June 8 (Reuters) - Seoul resident Laura Byun has long preferred U.S. mutual funds over Korean shares, but the KOSPI's blistering rally changed that and her risk tolerance for debt.

Trading Day: When the chips are down

Trading Day: When the chips are down

By Jamie McGeever ORLANDO, Florida, June 9 (Reuters) - U.S. stocks mostly fell on Tuesday, pressured by a slide in tech and fresh Iran jitters after a U.S. helicopter was shot down, as investors digested strong trade figures from many key economies and turned their attention to U.S. inflation data

South Korea's KOSPI craters nearly 9% as Fed fears hammer tech stocks

South Korea's KOSPI craters nearly 9% as Fed fears hammer tech stocks

By Jihoon Lee and Yena Park SEOUL, June 8 (Reuters) - South Korea's stock benchmark plunged nearly 9% on Monday, tripping circuit breakers, after robust U.S. jobs data lifted bets on a Federal Reserve rate hike and unleashed a selloff in the tech‑heavy market that had powered the broader AI rally.

Morning Bid: Fortune really had better favour the brave

Morning Bid: Fortune really had better favour the brave

June 9 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. Asian investors, either very brave or very foolish, are back to buying the dip on Tuesday and most regional indices are bouncing.

SpaceX IPO fever sparks hunt for proxy plays in Asia

SpaceX IPO fever sparks hunt for proxy plays in Asia

By Gregor Stuart Hunter, Summer Zhen and Samuel Shen SINGAPORE, June 9 (Reuters) - SpaceX's $75 billion IPO is fuelling a frenzy among investors in Asia for ETFs and supply chain partners linked to Elon Musk's rocket company that are likely to benefit from the blockbuster deal.

Morning Bid: Chip chill, jobs heat and war

Morning Bid: Chip chill, jobs heat and war

By Mike Dolan June 8 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Wall Street is holding its breath after Friday’s withering chip sector selloff, as tech stocks around the world fell back sharply in response on Monday.

Another sell-off for AI stocks sends Wall Street reeling

Another sell-off for AI stocks sends Wall Street reeling

Another sell-off for artificial-intelligence stocks whipsawed Wall Street

Factbox-OpenAI joins AI listing queue with Anthropic

Factbox-OpenAI joins AI listing queue with Anthropic

June 8 (Reuters) - OpenAI said on Monday it has confidentially filed for a U.S. initial public offering, joining rival Anthropic in a push toward the stock market as investors seek exposure to the artificial intelligence boom. Wall Street is betting 2026 could be a breakout year for the U.S.

Asia markets brace for selling after tech rout hits Wall Street

Asia markets brace for selling after tech rout hits Wall Street

SINGAPORE, June 8 (Reuters) - Asian markets were poised to fall on Monday after Wall Street's nine-week winning streak ended in heavy tech selling, while Israeli strikes on Beirut sent oil and the dollar higher.

Explainer-How can retail investors buy shares in SpaceX's IPO?

Explainer-How can retail investors buy shares in SpaceX's IPO?

By Manya Saini and Suzanne McGee June 7 (Reuters) - SpaceX's long-awaited initial public offering, expected to fetch a $1.75 trillion valuation, has set off a frenzy among retail investors clamoring for a share of Elon Musk's rocket, satellite and AI empire.

Morning Bid: Blistering AI rally turns ugly

Morning Bid: Blistering AI rally turns ugly

A look at the day ahead in European and global markets from Rae Wee An ugly selloff in technology stocks swept across Asia on Monday as investors slammed the brakes on the red-hot AI rally, with a more than 8% fall in South Korea's KOSPI triggering circuit breakers.