Public Markets 3d Briefing
×Market Moves
US Treasury yields wsj.com rose slightly at the end of a turbulent day, reducing a weekly decline as markets processed the Supreme Court's tariff ruling. Bond market momentum bloomberg.com shifted bears' way as sell signals flashed, with investors recalibrating positions after the court decision against Trump's tariffs. The S&P 500 appears coiled for a significant move investing.com soon, according to technical strategists watching for a market pivot.
Trade & Policy
President Trump investing.com called the Supreme Court tariff ruling "deeply disappointing" and threatened embargos, while US trade chief investing.com said no countries plan to exit tariff deals. Senior US officials bloomberg.com said the tariff defeat won't unravel deals negotiated with US partners. Japan's ruling party tax chief bloomberg.com called the US tariff situation "messy" after Trump hiked levies in response to the court decision. Australia investing.com threatened countermeasures as Trump's global tariffs hit 15%, while Switzerland investing.com may need to accept US tariffs as permanent, its trade chief said.
Global Markets
Global investors bloomberg.com are piling into Latin American stocks at the fastest clip in a decade, sending markets across the region to multi-year highs. Indian bonds bloomberg.com fell the most in two weeks as a rise in crude prices fanned inflation concerns in the fuel-importing nation. European Central Bank President Lagarde bloomberg.com said Trump's tariff moves risk upsetting the previously negotiated "equilibrium" between the EU and US. France yahoo.com will summon US Ambassador Charles Kushner over US comments on an activist's death, while Hungary bloomberg.com plans to block every EU decision concerning Ukraine until oil flows again through the Druzhba pipeline.
Corporate & Deals
Rolls-Royce Holdings bloomberg.com is set to announce a share buyback worth as much as £1.5 billion ($2 , Sky News reported. Honeywell International bloomberg.com is considering walking away from its acquisition of Johnson Matthey Plc's Catalyst Technologies business. Blue Owl Capital bloomberg.com found four buyers for a $1.4 billion portfolio of loans to help pay out investors after facing a deadline to return cash in one of its private credit funds. Novartis AG bloomberg.com has agreed to sell a majority stake in its listed Indian unit, marking the culmination of a strategic review announced two years ago.
Energy & Commodities
Russia's central bank bloomberg.com sold gold from its reserves in January, taking advantage of prices that had climbed to record highs. Iran ft.com agreed to a secret shoulder-fired missile deal with Russia, with leaks revealing a €500 million contract for man-portable "Verba" systems to rebuild Tehran's air defenses. US-Iran tensions bloomberg.com shook Asian markets and sent oil prices higher, with the Fed and Iran putting traders on edge ahead of key US inflation data.
Technology & Innovation
China's brain-computer interface industry finance.yahoo.com is racing ahead in the global AI competition. Switzerland investing.com is quietly pulling ahead of Europe in the AI race, according to industry analysts. Zoom COO Aparna Bawa bloomberg.com discussed the company's latest AI products and outlook for the sector at the India AI Impact Summit. Nvidia and OpenAI investing.com are close to finalizing a smaller, $30 billion investment, according to the Financial Times.
Regional Developments
Malaysia's Islamist party bloomberg.com is taking control of the opposition coalition following months of internal rift, a move that could increase its influence ahead of a general election. Malaysia's anti-graft chief bloomberg.com was summoned by a special committee to explain a stock ownership probe. Brazil's top homebuilder Cury bloomberg.com plans to name a new CEO from within the company's ranks after its namesake leader steps down. Poland's Azoty bloomberg.com seeks an 83% debt writedown in polymer restructuring, aiming to settle just about 17% of debt taken to build the biggest propylene and polypropylene complex in central and eastern Europe.
Financial Services
Apollo Global Management bloomberg.com CEO Marc Rowan and Asia-Pacific chief Eiji Ueda discussed how the firm's private-credit expertise meshes with Japan's needs to finance growth. Private equity owners ft.com slashed the valuation of Swiss watchmaker Breitling as the luxury brand's performance faltered since CVC sold its majority stake to Partners Group in 2023. Wall Street's latest bet wsj.com is on "HALO" companies with AI immunity, with Deere and Mc Donald's becoming darlings to investors worried about broad AI disruption.
Market Outlook
Tom Lee finance.yahoo.com says a market pivot is brewing, but it's not just stocks this time. Former Goldman Sachs insider Raoul Pal finance.yahoo.com forecasts a $140,000 Bitcoin rally, citing macroeconomic factors. Gold prices investing.com could rise to new highs above $5,600 in 2026 as investors seek safe havens amid tariff volatility and geopolitical tensions.