Whipsawed US stocks have gained an unexpected ally in recent days — a historic plunge in bond yields.

US government bond yields fell steeply this week, with some durations marking their biggest drops in decades, as investors bet the US Federal Reserve (Fed) would likely curb its aggressive rate hike trajectory to avoid exacerbating financial system stress, following the failures of Silicon Valley Bank and Signature Bank.

Plunging bond yields boost stocks' allure ahead of US Fed meeting

Malaysia's corporate profits disappoint on slowing demand, with little help from China reopening

Elon Musk is accused of insider trading by investors in Dogecoin lawsuit

Russia accuses US intelligence of hacking thousands of iPhones

Apple plans major retail push with new stores across China, US

Wall Street rises on hopes of Fed pausing hikes, debt ceiling deal cheer

Global equities rise, U.S. yields fall after debt ceiling bill advances

Biden trips and falls during graduation ceremony, recovers quickly

Harassment of Europa League final referee Taylor condemned by PGMOL

Goldman Sachs to cut more jobs, eyes sharp fall in markets revenue

Oil jumps 3% on US debt ceiling progress, OPEC+ in focus

Panasonic Malaysia, Affin Hwang Investment, Velesto Energy, Green Packet, Top Builders Capital, Star Media, Citaglobal, AME Elite, SCIB, UP, Meta Bright, Top Builders, Kimlun and Synergy House

EVENING 5: Five things you need to know today

Kelington acquires 17% stake of Ace Gases Marketing for RM4.41 mil in share swap deal

Fed signal for rate pause takes pressure off hot jobs report

Stocks rise on debt-deal optimism, Fed pause talk

Lewis Krauskopf & David Randall

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Lewis Krauskopf & David Randall

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