The tech sector of the S&P 500 ended May with a bang, leaping 9.29% as semiconductor stocks like Nvidia rallied on the buzz about AI technology! But why does BlackRock still think that the US may already be in a recession?
Also, what are the factors contributing to the Singapore total market capitalization’s fall of 2.8% - the second month in a row in which Singapore stocks booked a decline in value? Dan Koh and Ryan Huang unravel these headlines and more.
Market View: Cisco buys Splunk, Microsoft Surface event, Vinfast, EC World REIT, Yangzijiang Shipbuilding, BOE ends 14 straight interest rate hikes, Valuation of Hong Kong equities