In this article CSCO Follow your favorite stocks CREATE FREE ACCOUNT An aerial view of Singapore's skyline. Tong Thi Viet Phuong | Moment | Getty Images Asia-Pacific markets opened mostly lower Friday after fears about artificial intelligence disruption in the U.S. sent the S&P 500 to a third straight day of losses. Certain pockets of the U.S. stock market have been hit this year by the release of...
In this article CSCO Follow your favorite stocks CREATE FREE ACCOUNT An aerial view of Singapore's skyline. Tong Thi Viet Phuong | Moment | Getty Images Asia-Pacific markets opened mostly lower Friday after fears about artificial intelligence disruption in the U.S. sent the S&P 500 to a third straight day of losses. Certain pockets of the U.S. stock market have been hit this year by the release of AI tools that could replicate their businesses — or at least eat into their profit margins. Shares of several trucking and logistics companies declined on fears that new AI tools could slash major freight inefficiencies, leading to less demand for the industry's services. Real estate and financial stocks were also casualties, with commercial real estate brokers extending losses for a second straight day. Investors in Asia were watching for any spillover effects, though Taiwan — the most prominent market in the AI space — was closed for the Lunar New Year holiday. Australia's S&P/ASX 200 was 1.02% down in early trade. Japan's Nikkei 225 lost 0.58%, after briefly touching 58,000 on Thursday. The Topix declined 0.58%. South Korea's Kospi added 0.35%, while the small-cap Kosdaq retreated 1.36%. Hong Kong's Hang Seng index futures were at 26,703, lower than the index's last close of 27,032.54. Overnight on Wall Street, the Dow Jones Industrial Average shed 1.34%, led lower by Cisco Systems , which slid 12% after the firm issued disappointing guidance for the current quarter. The S&P 500 dropped 1.57%, while the Nasdaq Composite lost 2.03%. —CNBC's Sean Conlon, Pia Singh and Sarah Min contributed to this report.
Getty Images Quarterly review The Allspring Growth Fund underperformed the Russell 3000 Growth Index during the fourth quarter. Holdings within information technology ( IT ) and consumer discretionary detracted from returns. Security selection within industrials and health care contributed positively to performance. Market review - 2025 in review U.S. equities delivered a third consecutive year of...
Getty Images Quarterly review The Allspring Growth Fund underperformed the Russell 3000 Growth Index during the fourth quarter. Holdings within information technology ( IT ) and consumer discretionary detracted from returns. Security selection within industrials and health care contributed positively to performance. Market review - 2025 in review U.S. equities delivered a third consecutive year of positive returns in 2025, with gains once again concentrated in growth-oriented parts of the market. Stocks in the IT and communication services sectors remained central to index performance as investors continued to reward companies positioned to capture outsized demand from the buildout of artificial intelligence ( AI )—particularly those showing business momentum and pricing power. The year was also a reminder that markets can “climb a wall of worry” even when policy headlines are destabilizing. Early spring delivered the most dramatic test: The White House’s April 2 “Liberation Day” action jolted risk assets, reviving trade-war fears and forcing investors to reconsider inflation and margin assumptions. Over time, the tariff story became more iterative, marked by pauses and modifications that reduced the immediate sense of worst-case outcomes even as it remained a persistent overhang in corporate and consumer sentiment. Fundamentals ultimately mattered more than headlines. Earnings tied to end markets with strong demand—especially AI—proved resilient, helping offset macroeconomic crosscurrents that ranged from trade policy and politics to immigration debates and gradually cooling labor markets. At the consumer level, conditions looked increasingly uneven: Higher-income households continued to spend, while middle- and lower-income cohorts showed clearer signs of trade-down behavior amid ongoing affordability pressure. Against that backdrop, market breadth improved episodically, but overall performance remained heavily influenced by a concentrated set of large-cap winners...
The Trump administration issued new guidance on the use of foreign materials and components in US clean energy projects, in a move that would further limit access to lucrative tax credits. Guidelines issued by the Treasury Department Thursday detail restrictions affecting battery cells, solar wafers and other equipment commonly used in renewable energy projects. Among other limits, the rules bar m...
The Trump administration issued new guidance on the use of foreign materials and components in US clean energy projects, in a move that would further limit access to lucrative tax credits. Guidelines issued by the Treasury Department Thursday detail restrictions affecting battery cells, solar wafers and other equipment commonly used in renewable energy projects. Among other limits, the rules bar material from China and other US adversaries, and lay out other constraints based on company ownership or other financial ties to the Asian nation. The provisions include the ability of the Internal Revenue Service to audit for compliance within six years. The rules, when finalized, could have an outsized influence on many solar, wind and battery projects because many developers rely on materials from China. Companies have been eagerly awaiting the guidance so they can make final investment decisions for their installations. Several large leading investment banks have been hesitant to make clean energy investments until the new foreign ownership rules are laid out. Read More: JPMorgan, Morgan Stanley Are Pausing on Some US Renewable Deals The restrictions, which were part of President Donald Trump ’s signature tax-and-spending bill, follow an executive order in July signaling stricter limits for the tax credits. In anticipation of the new rules, some clean energy companies with ties to China have moved their operations to the US or reduced financial ties to Chinese firms.
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are US Energy Secretary Chris Wright, Envestnet’s Dana D’Auria, KBW’s Thomas Michaud, Wells Fargo’s Veronica Willis, The Benchmark Company’s Mark Palmer, Citizens’ Jordan Bender, Harbourvest Partners’ John Toomey, Barclays’ Marc G...
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are US Energy Secretary Chris Wright, Envestnet’s Dana D’Auria, KBW’s Thomas Michaud, Wells Fargo’s Veronica Willis, The Benchmark Company’s Mark Palmer, Citizens’ Jordan Bender, Harbourvest Partners’ John Toomey, Barclays’ Marc Giannoni, and Monami Entertainment’s Mona Scott-Young. (Source: Bloomberg)
The US and Taiwan finalized a trade agreement to cut tariffs, boost market access for American products in Asia and channel billions of dollars into US energy and technology projects. Bloomberg's Laura Davison reports. (Source: Bloomberg)
The US and Taiwan finalized a trade agreement to cut tariffs, boost market access for American products in Asia and channel billions of dollars into US energy and technology projects. Bloomberg's Laura Davison reports. (Source: Bloomberg)