S&P 500, Nasdaq close at all-time highs; Elliott threatens proxy fight, Germany’s bitcoin sale pressures prices.
Asia markets mixed after S&P 500, Nasdaq close at all-time highs; Aussie consumer confidence dips
Asia-Pacific markets opened mixed on Tuesday, tracking gains on Wall Street that saw the S&P 500 and the Nasdaq Composite closing at record highs overnight.
Ukrainian children’s hospital hit, 31 people killed in daytime Russian missile attack
Russian forces launched more than 40 missiles across Ukraine, seriously damaging a children’s hospital in Kyiv, Ukrainian officials said.
French President Macron’s snap election gamble ‘did not pay off,’ professor says
The gamble that French President Macron took when he called a snap election in the country has not paid off, Armin Steinbach, professor at HEC Paris said.
France avoided a far-right election win — now the radical far left is demanding power
After the left-wing’s election success in France, all eyes are now on radical firebrand Jean-Luc Melenchon who has demanded the left be given the premiership.
‘Get Britain building again’: New UK finance chief restores housing targets
Britain’s new finance chief on Monday outlined a spate of measures to revitalize the U.K.’s languishing economic growth and address national housing shortages.
French bond markets calm despite country hitting political gridlock
Government bond markets in France saw some selling early on Monday, but were fairly muted overall.
Commodities for the Long Run?
Asset classes such as commodities have historically had notable diversification benefits for longer-term investors who are concerned with inflation.
French Prime Minister Gabriel Attal to tender resignation
France now looks likely to be stranded in a hung-parliament scenario that divides it between three strongly represented parties that must broker alliances to gain absolute control.
India’s Modi to meet Putin in Moscow as both sides seek to forge deeper ties
The meeting is significant as it’s India Prime Minister Narendra Modi’s first bilateral trip overseas since he was reelected for a rare third term in June.