INTERNATIONAL BUSINESS TIMES NEWSLETTER SIGNUP My account Log Out Aug 26, 10:57 PM EDT World U.S. Economy & Markets Companies Technology Digital Life Culture Sports Crypto Opinion NEWSLETTER My account Log Out US Edition World U.
S. Economy & Markets Companies Technology Digital Life Culture Sports Crypto Opinion Listings & More Spotlight Glossary SMB Forum Glossary K-Wave CEO Spotlight Editions Australia Edition India Edition International Edition Singapore Edition United Kingdom United States NEWSLETTER Follow Us Editions Australia Edition India Edition International Edition Singapore Edition United Kingdom United States Business Markets Retreat After Rally, Oil Dips But Middle East Worries Linger By AFP News Published 08/26/24 AT 10:57 PM EDT Share on Facebook Share on Twitter Share on LinkedIn Share on Reddit Share on Flipboard Share on Pocket Investors will be keeping a close watch on the earnings release by chip giant Nvidia this week, hoping for an idea about demand for artificial intelligence tech AFP Asian markets slipped Tuesday following a tepid day on Wall Street as traders took a breather from a recent rally fuelled by bets on a US interest rate cut, while oil eased from a surge caused by Middle East tensions. A string of supportive data in recent weeks and comments from top Federal Reserve officials have helped push equities higher in August after starting the month in turmoil on fears of a US recession.
Fed boss Jerome Powell confirmed in a much-anticipated spee.