US stock market open 16 December 2015
- S&P +11pts to 2054
- Dow +76pts to 17601
- Nasdaq +40pts to 5035
US 10 year yields 2.28% +1bp
US 10 year yields 2.28% +1bp
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Asia leads crypto usage with high trading volumes & ownership; US dominates institutional & regulatory hubs. A multipolar market emerges.
UK budget headroom tight despite £26bn tax hikes; unemployment nears 2M, growth slows to 1.3%.
Bitcoin's plunge pressures MicroStrategy's (MSTR) treasury, sparking scrutiny on its high-risk, high-leverage strategy.
US stocks dumped as AI bets shift; Asia sees tech selloff, but KOSPI hits record high. Gold breaks $5k!
India's IT stocks dive 6% as Anthropic's AI plug-ins spark sector-wide selloff. Traders dump software amid disruption fears.
Kenya slashes EV taxes, boosting adoption 30x since 2022. Risks: $693M fuel tax shortfall by 2043.
Thomson Reuters plunges 18% on AI disruption fears; RELX, Wolters Kluwer also hit. Valuations questioned.
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