Top 5 finance reads shaping global markets today, Wednesday newshub

Top 5 finance reads shaping global markets today, Wednesday

Global Markets React To US-China Tensions

Markets in Asia declined as the U.S. moved to restrict Nvidia’s AI chip exports to China. Nvidia’s stock dropped 6%, wiping out $160 billion in market value. Hong Kong’s Hang Seng Index fell 1.6%, while Japan’s Nikkei slipped 0.5%.

Wall Street Closes Lower Amid Inflation Worries

U.S. stocks ended Tuesday in the red, with the Dow down 0.4%, the S&P 500 losing 0.2%, and the Nasdaq dipping 0.1%. Analysts point to persistent inflation and geopolitical risks as key concerns for investors.

Rising Bond Yields Hit European Markets

European investors are grappling with rising government borrowing costs, especially in the UK. Analysts say the turbulence is linked to ripple effects from U.S. economic uncertainty and global interest rate fears.

Dollar Weakens Sharply As Confidence Falters

The U.S. dollar has dropped 4.3% this month, marking its worst two-month stretch since 2002. Economists warn this reflects a broader loss of confidence in U.S. assets amid rising tariffs, inflation, and global instability.

Gold Hits Record High Amid Market Uncertainty

Gold surged to an all-time high of $3,266.65 per ounce as investors shift to safe-haven assets. The rally comes on the back of economic jitters and global geopolitical tensions.