US equities declined amid volatile trading on Wednesday as oil prices surged and a standoff between the US and Iran over the Strait of Hormuz escalated. Investors also assessed the Federal Reserve’s policy decision while awaiting earnings reports from four megacap companies after
Bob Michele, global head of fixed income at JPMorgan Asset Management, says the inflation risk posed by the Iran conflict means the Federal Reserve can stay on hold through year-end on Bloomberg Television. (Source: Bloomberg)
Pershing Square founder and CEO Bill Ackman discusses the recent IPO of Pershing Square's new closed-end fund and alternative asset manager. Ackman emphasizes that this IPO marks the beginning of a long-term journey, with $5 billion in capital ready to be deployed within weeks. H
Pershing Square founder and CEO Bill Ackman says the company's initial public offering is the "beginning of a journey" during an interview with Dani Burger on "Bloomberg Deals." Ackman’s combined IPO for his closed-end fund and alternative asset manager raised $5 billion. (Source
Pershing Square founder and CEO Bill Ackman says he doesn't see any strategic dislocations in markets during an interview with Dani Burger on "Bloomberg Deals." Ackman’s combined IPO for his closed-end fund and alternative asset manager raised $5 billion. (Source: Bloomberg)
Nasdaq 100 futures rise with more than $14 trillion in market cap set to report after the market close, including Meta, Microsoft, Amazon and Alphabet. The US signals it will stick with a naval blockade of Iranian ports to force Tehran to the negotiating table. The Federal Reserv
The bank is reconsidering one of the last great expat-era benefits — paid international school fees for staff — as Hong Kong's banking economics tighten.
The MSCI EM index closed at a fresh post-war high — Asian AI-supply-chain names and Iran-de-escalation optimism powered the move.
After weeks of cautious calendars, U.S. investment-grade and high-yield issuers are flooding the primary market — borrowers are seizing a window before the Fed and PCE data hit.
Crude jumped on the prospect of a Strait of Hormuz blockade after the Islamabad talks collapsed — the highest spot Brent print since the war began.
