Big Tech Leads Market Rally Ahead of Earnings

Investors breathed a sigh of relief as Treasurys and oil prices stabilized. 


 
The Folly of China's Real-Estate Boom Was Easy to See, but No One Wanted to Stop It

Developers, home buyers and Western bankers all ignored warning signs, but not two accountants who went looking for "financial anomalies" and "shenanigans." 


 
Australia's Inflation Remains Strong

Australian consumer price inflation remained strong in the latest quarter, illustrating the challenge the country's central bank faces in bringing inflation back to target and adding uncertainty around the timing of interest-rate cuts. 


 
Cathie Wood's Popular ARK Funds Are Sinking Fast

Investors have pulled a net $2.2 billion from ARK's active funds this year, topping outflows from all of 2023. 


 
Why gold's 3% dip may help fuel a run to fresh record highs

Here's what could return gold to record highs. 


 
World Primed for More Balanced Growth as U.S. Cools, Peers Pick Up Pace

Activity in the U.S. private sector slowed in April amid signs of a pickup in other leading economies, a sign that global growth is set to be more broadly balanced this year. 


 
New-home sales post biggest jump since December 2022

New-home sales were at a 693,000 annual rate in March, compared with 637,000 in February. 


 
BOE Chief Economist Pill Says Key Rate Cut Is Some Way Off

A first cut in the Bank of England's key interest rate remains some way off, its chief economist said. 


 
Blackstone's Beleaguered Real-Estate Fund Stems Exodus

The firm was able to fulfill all investor redemption requests in February and March for the first time since late 2022. 


 
Driebusch's Take: String of Successful IPOs Suggest Risk Tolerance Is Rebounding

Cybersecurity software company Rubrik is listing its shares in a long-awaited initial public offering this week, the latest in a string of high-profile IPOs.


(END) Dow Jones Newswires

04-24-24 0115ET