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US equity futures waver as stocks rally seen stretched

BLOOMBERG US equity futures wavered on Tuesday as some investors questioned the sustainability of a powerful rally fueled by expectations of a Federal Reserve pivot to rate cuts. The S&P 500 had its strongest close since August and the Nasdaq 100 hit a 22-month high November 20. But Goldman Sachs Group Inc strategists said there is a risk of “disappointment ...

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AI-led chip rally drives Taiwan stock gauge to 19-month high

BLOOMBERG Taiwan’s benchmark stock gauge climbed to its highest closing level since April 2022 as the artificial intelligence theme regains momentum and foreign investors return. The TWSE Index, or Taiex, rose 1.2% on Tuesday, with chipmakers Taiwan Semiconductor Manufacturing Co and MediaTek Inc the biggest contributors. The measure has advanced 23% this year, compared with a 4.5% gain in the ...

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Khaled bin Mohamed bin Zayed inaugurates 15th edition of Abu Dhabi Art

ABU DHABI / Abu dhabi media office His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has inaugurated the 15th edition of Abu Dhabi Art, organised by the Department of Culture and Tourism – Abu Dhabi. During the visit, His Highness toured the galleries and met ...

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