The Daily

TOKYO – US stock investors appear “astronomically complacent” about the amount of damage the trade war will inflict on corporate earnings, according to CLSA’s chief equity strategist.

For Mr Alexander Redman, who is based in Singapore, economic data shows significant cause for concern about US stock prices. US firms’ capital-expenditure intentions have gone negative for only the fourth time this century;

 » Read more about: US stock investors ‘astronomically complacent’ about trade war, Singapore-based analyst says  »

 » Read more about: UBS raises S&P 500 year-end target, eyes more gains in 2026  »

The highest dividend-paying stocks in the S&P 500 right now are blue-chip stocks that yield anywhere between 6.2% and 9.3% annually. And while markets are largely flat since Jan. 1 — with a fair amount of volatility along the way — that kind of return through dividends alone is incredibly attractive to low-risk investors right now.

 » Read more about: 9 Highest Dividend-Paying Stocks in the S&P 500  »

 » Read more about: Stock market today: Dow, S&P 500, Nasdaq futures trade flat as Wall Street digests Trump's trade and tax agendas  »

The US dollar is under pressure as global investors grow increasingly wary of America’s fiscal trajectory.

Once seen as a reliable safe haven, the greenback is now facing renewed skepticism, with strategists telling Yahoo Finance that capital is shifting toward undervalued currencies in Europe and Asia amid expectations of foreign stimulus and more attractive valuations abroad.

 » Read more about: Stock market today: Dow, S&P 500, Nasdaq seesaw as bond sell-off eases after House OKs Trump tax bill  »

Terry and Justine Sanders are not typical cryptocurrency investors.

The couple could be part of a small but growing number of senior Australians turning to crypto in a high-risk attempt to boost their retirement savings.

The pair, from Sandgate, bayside Brisbane, said they bought $48,000 worth of Bitcoin in 2019.

They said they made almost half a million dollars after cashing out four years later,

 » Read more about: Research reveals baby boomers, retirees invest in cryptocurrency  »

The US budget deficit is the story markets are fixated on this week, with panicked bond investors sending yields spiraling higher and spooking the stock market.

The bond market is responding to the possibility that the GOP budget bill, which passed in a vote in the House of Representatives on Thursday morning,

 » Read more about: 3 reasons bond investors are panicking about the US budget deficit  »

By DAMIAN J. TROISE, AP Business Writers

NEW YORK (AP) — Stocks drifted to a mixed close on Wall Street Thursday in what has been a rocky week so far because of worries coming out of the bond market about the U.S. government’s mounting debt.

Trading remained choppy throughout most of the day following Wednesday’s big slump for the S&P 500.

 » Read more about: Stocks drift as worries about the US government’s soaring debt continue to weigh  »

 » Read more about: Supreme Court signals it could shield Federal Reserve from Donald Trump  »

NEW YORK — Wall Street slumped on Wednesday under the weight of pressure from the bond market, where Treasury yields climbed on worries about the U.S. government’s spiraling debt and other concerns.

 » Read more about: Wall Street takes tumble as Treasury yields climb  »