(Bloomberg) — US equity futures declined as the latest earnings reports and corporate news failed to dispel worries about higher-for-longer interest rates and the faltering Chinese economy. Futures on the S&P 500 and Nasdaq 100 were pointing to a down day when Wall Street reopens after Monday’s public holiday. Nvidia Corp. declined in pre-market trading…
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NEW YORK: Just a couple of months ago, emerging market (EM) assets were all the rage as inflation eased and interest rate cut bets surfaced. That trade has all but fizzled out.
Just a couple of months ago, emerging-market assets were all the rage as inflation eased and interest rate-cut bets surfaced. The trade has all but fizzled out.