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Bullock said the RBA lifted rates as the economy is more capacity constrained and demand needs cooling. She said some inflation is temporary but part looks persistent, and the board will watch incoming data closely.
Anthropic's Opus 4.6 finds 500 zero-days, shaking software stocks. Traders eye AI's market impact & valuation shifts.
Analysts say gold’s recent correction does not signal a shift in fundamentals. Central bank buying, safe-haven demand and real-rate dynamics remain supportive, though near-term prices may stay volatile as markets react to data, policy and the dollar.
Dow Industrials (-1.2%) and Nasdaq (-1.6%) slide; S&P 500 dips 1.2%. Traders eye broader market sentiment.
Millions of Americans face retirement strain: median savings $955, need $1.5M. Social Security faces 20% cut risk.
MicroStrategy's 22% drop on $12.4B BTC loss; traders eye rebound potential amid crypto unraveling.
Bitcoin dumps 13% to $63k, erasing Trump-era gains. Silver craters 17%. Tech stocks slide on AI investment fears & stretched valuations.
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