The global tech sell-off accelerated over concerns about stretched valuations of AI stocks. This comes as famed hedge fund manager Michael Burry bet big against Nvidia and Palantir.
China announced it will remove retaliatory tariffs on some US farm products and lift exports to an array of American firms after the United States halved its fentanyl-related levies on Chinese goods.
The United States government shutdown has reached day 36, officially making it the longest in history. Washington correspondent Ben Wershkul breaks down the key issues, latest developments, and economic impact.
For more Morning Brief: Market Sunrise videos, please visit: https://finance.yahoo.com/videos/series/morning-brief-market-sunrise/
#youtube #stocks #investing #China #tech
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
source
