Today on Bloomberg Markets, the focus is on the latest market moves across global asset classes and key issues impacting Wall Street. Guests include Blerina Uruçi, Chief US Economist at T Rowe Price, and Christian Dery, Head of Macro Strategy at Capital Fund Management.
Asian tech stocks have dropped, pulling down equity markets across the region. This trend is adding to the selling pressure on Wall Street, particularly affecting major Silicon Valley firms. Meanwhile, currency and bond markets remain steady as investors await US jobs data set to be released later today.
Wall Street traders were looking for a clear direction on stocks after Thursday's selloff, but late trading offered no clarity. Earnings reports from two major tech companies came in mixed, leaving investors uncertain about the market's next move. As a result, stocks struggled to find a steady path forward.
