Stocks

• Costs to Hedge the $9 Trillion S&P 500 Rally Jump Ahead of Fed
  Sentiment in the US stock market has shifted quickly from fear of missing out to fear of getting wiped out.
• European Stocks Steady With ECB in Focus After US Inflation Data
  European stocks were muted as a key report on US inflation offered some relief to investors, with attention now turning to the European Central Bank’s policy decision.
• Manager of $10 Billion SK Hynix ETF Downplays Its Market Impact
  The manager of the largest leveraged exchange-traded fund tracking SK Hynix Inc. pushed back against claims that the $10 billion product is adding to volatility in the South Korean chipmaker’s shares.
• China Taps Commercial Oil Stocks to Help Weather Gulf Shock
  China has started tapping its commercial crude reserves to help offset the supply shock from the Iran war, although the world’s biggest oil importer is continuing to prioritize lower refinery use and fuel export limits to manage the fallout.
• China Healthcare Stocks Fall to Record Low Valuation on AI Drain
  China’s healthcare stocks have slumped to their cheapest level ever, as a rush into local artificial intelligence beneficiaries draws capital away from defensive sectors.
• Korea’s Kospi Extends Wild Swings as Chip Stocks Resume Slide
  South Korea’s stock market lurched from one extreme to another for a third straight session Wednesday, extending a stretch of swings that has whipsawed investors and repeatedly triggered market safeguards.
• S&P 500 Traders Grapple With Swings Reminiscent of Tariff Tumult
  The S&P 500 Index swung violently on Tuesday, almost wiping out a 2.3% plunge to close modestly lower, as investors reacted to headlines on the Iran war and looked ahead to figures that may show inflation accelerating.
• JPMorgan Sees Stocks Powering Through Any Short, Sharp Pullbacks
  US stocks have further to run as corporate earnings growth underpins sentiment despite some signals suggesting equities may have risen too far, JPMorgan Asset Management’s Jack Caffrey said.
• Goldman, Barclays Traders Warn of Market Risks After Friday Rout
  A selloff on Friday whipsawed investors used to seeing momentum stocks go nowhere but up. They shouldn’t be quick to disregard it as a one-off.