EM Stocks Set for Worst Week in 2 Years Amid Safe Haven Demand
Gauges for emerging-market stocks and currencies slipped Friday as risk assets took a hit from the latest flare-up in Middle East tensions.
Gauges for emerging-market stocks and currencies slipped Friday as risk assets took a hit from the latest flare-up in Middle East tensions.
The surprising resilience of the US economy would seem, on the face of it, to be good for corporations. But as the expansion plows ahead, pressures are forming beneath the surface to threaten some of the country’s riskiest companies.
Higher-than-expected interest rates amid persistent inflation are perceived as the biggest threat to financial stability among market participants and observers, according to the Federal Reserve.
Super Micro Computer Inc. and Nvidia Corp plummeted on Friday, with the two AI favorites leading a broad-based tech selloff.
Ghana and creditors expect to reach an agreement in principle to restructure overseas bonds as soon as the end of May, according to people with direct knowledge of the matter.
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