US Targets Mutual Fund Investments In China Firms

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🇨🇳 🇺🇸 US mutual funds wouldn’t be able to invest in some products that track Chinese stock indexes under a new bill in Congress. The measure, which still faces major hurdles to becoming law, is among the most aggressive salvos yet by American lawmakers targeting investments in China

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Boeing Has Gotten Snubbed

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✈️ ✈️ Boeing got snubbed. Korean Air opted to order 33 Airbus A350s in a $14 billion deal. And Japan Airlines will buy 11 A321neos, breaking the US firm’s hold as the carrier’s sole single-aisle supplier

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Reddit Pops 48%

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🚨 🚨 Reddit pops 48% in NYSE debut after selling shares at top of range

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This Chipmaker Has 17% Upside

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🚨 🚨 This chipmaker has outperformed the broader SOXX index by ~50% over the last two years and has an upside of 17% more

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Micron Surges Past 2000 High

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🚨 🚨 BREAKING: Micron surges past 2000 high as Wall Street declares it the next AI beneficiary

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Aluminum Jumps To 11-Week High

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🚨 🚨 BREAKING: Aluminum zips to 11-week high on dovish Fed, improved demand prospects

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BOE Offers Dovish Signal

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🇬🇧 🇬🇧 Bank of England holds rates but offers dovish signal on cuts. The Monetary Policy Committee voted 8-1 to keep rates steady, with one member voting to cut by 25 basis points to 5%
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ANZ: Iron Ore May Have Bottomed

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🚨 🚨 Iron ore prices have plunged more than 23% since the beginning of the year, and are down 12% over the past one month. ANZ says prices may be near a floor amid a reset in expectations around demand

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Traders Buy AUDJPY

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🇦🇺 🇯🇵 BREAKING: Traders Buy AUDJPY climbed as high as ¥100.17 earlier

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SNB Cuts Rates

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🇨🇭 🇨🇭 BREAKING: Switzerland becomes first major economy to cut interest rates in surprise move

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