Tech stocks tumble, Amazon slides 5%, futures drop. Bitcoin plunges 10% amid AI fears. Traders eye labor data.
India may place up to $80bn of Boeing aircraft orders after the US trade deal, CNBC reported. A joint statement is expected within days, with a formal agreement targeted for March, as markets seek clarity on timing and commitments.
Lennar (LEN) jumps 8% on housing affordability news. P/E 17.39x, P/B 1.28x. Q4 EPS missed, but cash flow up. Hold rating.
Silver plunges 20% then rebounds amid liquidity crunch; gold steadies. Volatility risks feeding on itself.
IREN & CLSK plunge on weak earnings & crypto crash. IREN lost $155M, CLSK $378M. Miners face volatility.
Japan’s biggest banks say they are ready to rebuild JGB holdings as higher yields improve returns, despite rising valuation losses. Recent market calm and stabilising long-term rates have reopened the case for cautious bond buying.
Japan’s election could hand PM Takaichi a strong mandate, but markets remain focused on fiscal risks from proposed tax cuts. The outcome may stabilise politics, yet leave the yen and JGBs sensitive to funding clarity and BoJ policy limits.
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