LONDON, July 22 – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Oil prices, bond yields and chip stocks were rising in sync again overnight, as this renewed round of fighting between the U.S. and Iran entered its eleventh day…
th no end in sight. But the chip rally stalled in Asia during a volatile session, and Wall Street futures are down as investors await results from Alphabet and Tesla later today
I’ll get into all that and more below. But first, check out my midweek column on a few important market stories that aren’t in the headlines. This week I zero in on a jobs market puzzle, shifting monetary goal posts and single-stock volatility.
And listen to the latest episode of the Morning Bid daily podcast. Subscribe to hear Reuters journalists discuss the biggest news in markets and finance seven days a week. ALPHABETTING Amid the fog of war and market volatility, Japan’s yen is also back on the slide, hitting its weakest level in 40 years above 163 per dollar.