The Stratospheric Rally Has Left Tech Stocks Vulnerable to Sharp Reversals
A selloff in global tech stocks intensified Tuesday, leaving investors worried about higher interest rates and stretched valuations.
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Europeans Are Terrified of Spending Money, and It's Hurting the Economy
People around the world are feeling the sticker-shock of higher prices, but recent inflation has taken a larger psychological toll on the continent.
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A Landmark Housing Bill Passed Congress. Home Builders Fear It Will Fizzle.
The legislation streamlines some federal approvals for housing, but it doesn't address local regulations, where most policy is made.
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China Is Luring the World to the Yuan-and Hobbling Western Sanctions
Iran and Russia have used the currency to carry out oil sales and other trade, evading controls on dollar transactions.
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Australia's Underlying Inflation Rises Despite Easing Fuel Costs
Australia's consumer price growth eased in May amid cooling fuel prices, but underlying inflation continued to strengthen as businesses passed on higher costs resulting from the Middle East conflict.
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Bank of Japan Members Signal Push for Regular Rate Increases to Control Inflation
Opinions from the Japanese central bank's recent meeting show a growing sense of worry about inflation and a need to lift interest rates at a steady pace to avoid falling behind the curve.
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Indonesia Gets Some Respite as MSCI Delays Downgrade Decision
Indonesia will retain its emerging-market status for now after index provider MSCI deferred a decision that could have downgraded the country.
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Iran Is Preparing Oil Tolls. These Companies Can Build Workarounds.
Among the public companies that construct pipelines and other installations in the Middle East are Italian engineering firm Saipem and France-based Technip Energies.
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Brent Settles at Lowest Price Since War Began. Iran Weighs Fees to Cross the Strait of Hormuz.
The two countries said that they were working on an agreement on the future administration of navigation through the Strait of Hormuz and its associated costs.
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U.S. Business Activity Continued to Expand in June
U.S. business activity in the private sector continued to expand in June as brighter news out of the Middle East helped restore some confidence among U.S. businesses.
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Brief Drop in Mortgage Rates Points to Another False Start for the Housing Market
Rates eased briefly on ceasefire talks, but a hawkish Fed means the spring housing freeze is likely to stretch through the year.
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BOE Should Lower Rate if There Is Peace in Middle East, Taylor Says
Monetary Policy Committees member Alan Taylor said that for as long as there are high levels of uncertainty about the progress of the conflict, leaving the key rate at 3.75% is the right decision.
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Bank of Canada Gov. Macklem Warns of Excess Imbalances Amid Shifting Financial System
Excess global imbalances are widening again, with risks of an economic disruption heightened by an increasing share of financial activity being conducted outside of the regulated banking sector, says Canada's top central banker.
(END) Dow Jones Newswires
June 24, 2026 03:00 ET (07:00 GMT)
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