Oil Holds Modest Loss as Risk-Off Tone Counters Lower Stockpiles
Oil held a modest decline, with a risk-off tone in broader markets countering a drawdown in US stockpiles.
Oil held a modest decline, with a risk-off tone in broader markets countering a drawdown in US stockpiles.
Asian equity markets dropped after Meta Platforms Inc.’s disappointing outlook raised concern on whether the industry that has powered the bull market in equities has run too far.
The surging dollar has hurt stocks outside the US but one group at least stands to gain: companies that export to the world’s largest economy.
Rubrik Inc., a cloud and data security startup backed by Microsoft Corp., priced its initial public offering above a marketed range and slightly expanded it to raise a total of $752 million.
Indian equities have soared to become among the world’s most expensive, yet its bonds appear relatively cheap despite being Asia’s best performers this year.
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