BUSINESSTHE RIO TIMES
LatAm Pre-Open: On Fed Day, Investors Flee Tech for Banks
On Fed day, Latin American investors shifted from technology to banks as tech stocks fell 6% and JPMorgan rose 3.7%. Rising 4.2% inflation dashed rate-cut expectations, while oil prices continued to decline.
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- US Stock Futures Drop After Tech Selloff, Oil Up: Markets Wrap
- Asian shares are mixed as tech stocks rebound from sell-offs, while oil prices slip
- Asian shares are mixed as tech stocks rebound from sell-offs, while oil prices slip
- More drops for tech stocks weigh on Wall Street
- US Equity Futures Rise as Mega-Cap Earnings Lift Tech, Oil Drops
- Asian shares drop, with South Korea’s Kospi down more than 5%