The People’s Bank of China has cut reserve requirements for banks as Chinese officials seek to boost its economy and markets. Alibaba (BABA) Co-Founders Jack Ma and Joe Tsai reportedly acquire up to $200 million in shares. Yahoo Finance Live co-hosts Akiko Fujita and Rachelle Akuffo break down these headlines coming out China, while also taking a look at Boeing (BA) CEO David Calhoun’s meeting with US lawmakers this week to address safety and manufacturing concerns. For more expert insight and… Source link
Read More »A sustained rally doesn’t have to mean a broad one
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: As we came into 2024, a lot of strategists were calling for a broadening of the stock market rally beyond the Magnificent Seven. Those calls sounded familiar, because we’ve been hearing them for at least the past year. But the broadening hasn’t really materialized. And now the major averages are hovering at record highs. Maybe it’s time to put to bed the notion that… Source link
Read More »Trump holds off Haley to win New Hampshire primary: Live coverage
Nikki Haley addresses members of the media on Tuesday near a polling site at Winnacunnet High School in Hampton, N.H. (Steven Senne/AP) Nikki Haley made it very clear today that she has no plans to drop out of the Republican presidential race after the New Hampshire primary, regardless of the outcome. Why? Well, her campaign released a 715-word memo explaining that a majority of the states that have yet to hold primaries allow independent voters — who Haley hopes to win over — to take… Source link
Read More »The long pause between record highs is bullish
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: The S&P 500 closed at a record high on Monday, its second straight record close after Friday saw the index break a two-year streak without a record high. And stock market history suggests this break between records portends a better-than-average year ahead for the S&P 500. In a note to clients on Monday, Keith Lerner, co-chief investment officer at Truist, noted that in 13… Source link
Read More »21 Israeli troops are killed in the deadliest attack on the military since the Gaza offensive began
JERUSALEM (AP) — Palestinian militants carried out the deadliest single attack on Israel’s forces since the Hamas raid that triggered the war, killing 21 soldiers, the military said Tuesday, a significant setback that could add to mounting calls for a cease-fire. Hours later, the military announced that ground forces had encircled the southern city of Khan Younis, Gaza’s second largest. That marked a major advance, but it was unclear how much closer it would bring Israel to defeating… Source link
Read More »As Patrick Mahomes takes on Lamar Jackson, the Mahomes vs. Tom Brady race is also at stake
As Patrick Mahomes takes on Lamar Jackson, the Mahomes vs. Tom Brady race is also at stake Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Source link
Read More »Aussie swimmers ignore extremely rare marine creature ‘struggling’ nearby
Day-trippers flocked to a popular Aussie beach as the mercury soared to 30 degrees earlier this month. As they splashed in waters that felt like a warm tropical bath, an extremely rare Antarctic seal joined them. But all was not well. Acclimatised to an icy wilderness rather than stifling Port Phillip Bay, the crabeater seal kept its eyes closed and barely moved. “Some people were really curious, but most were ignoring it and just trying to keep cool. They probably didn’t realise how rare… Source link
Read More »Residents at busy Aussie beach fume over council’s ‘idiotic’ move: ‘Wake up’
Frustrated residents have urged the local council to “pull their finger out” and do something about a well-known problem that’s “destroying” cars and causing chaos at a busy intersection. Locals in Coogee in Sydney’s east say two “ridiculous” concrete blocks in the middle of the road are to blame for countless damaged cars and “hours” long congestion at the corner of Arden Street and Coogee Bay Road — but the council has confirmed they won’t be removed and explained why. Raising the issue… Source link
Read More »Joel Embiid bullies Victor Wembanyama, breaks Wilt Chamberlain’s 76ers record with historic 70-point night
Joel Embiid bullies Victor Wembanyama, breaks Wilt Chamberlain’s 76ers record with historic 70-point night Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Source link
Read More »How to watch Marta Kostyuk vs. Coco Gauff in the quarterfinals right now
Australian Open 2024: How to watch Marta Kostyuk vs. Coco Gauff in the quarterfinals right now Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Source link
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