Latest financial market news
Original briefs written in our own words from our own data: market wraps for the US, Europe and Asia, central-bank decisions, currencies, commodities and the companies in the news. Newest first.
Palantir drops about 7% in a broad tech sell-off and is down 26% for the yearPalantir shares fell on Friday amid a wider sell-off in AI-linked technology stocks, even after a strong second quarter, according to several outlets.
Super Micro Computer slides about 10% as a CFO change adds to sellingSuper Micro Computer fell on Friday as it named Mark Long as chief financial officer, and one report also mentions a probe in Taiwan.
European stocks finish higher, STOXX Europe 600 up 0.7%5 of 5 major European indices rose on Friday. The DAX 40 did best (+0.9%) and the CAC 40 did worst (+0.3%).
Asian stocks finish higher, KOSPI up 2.0% and CSI 300 up 0.1%5 of 6 major Asian indices rose on Friday. The KOSPI did best (+2.0%) and the CSI 300 did worst (+0.1%).
Central Bank of Colombia raises its policy rate to 12.25%The quarter-point increase takes the rate from 12% to 12.25% in Colombia, effective 1 October.
Reserve Bank of Australia raises its policy rate to 4.6%The quarter-point increase takes the rate from 4.35% to 4.6% in Australia, effective 30 September.
Norges Bank raises its policy rate to 4.5%The quarter-point increase takes the rate from 4.25% to 4.5% in Norway, effective 25 September.
South African Reserve Bank raises its policy rate to 7.25%The quarter-point increase takes the rate from 7% to 7.25% in South Africa, effective 25 September.
Bank of Japan raises its policy rate to 1.25%The quarter-point increase takes the rate from 1% to 1.25% in Japan, effective 24 September.
Central Bank of Nigeria cuts its policy rate to 23%The 3.5-point cut takes the rate from 26.5% to 23% in Nigeria, effective 22 September.
News briefs are written from our own market data and, for some company stories, summarised from public headlines. Educational only, not financial advice.