Japan's bond market braces for volatility as Prime Minister Shigeru Ishiba resigns, sparking concerns over fiscal policy and potential shifts back to Abenomics. Analysts predict rising JGB yields and fluctuating stock prices.
Walmart's stock rises as it navigates tariff uncertainties, with mixed signals on future profits and consumer spending. The retail giant maintains its long-term forecasts despite current market challenges.
PepsiCo's latest quarterly results reveal a decline in North American demand despite strong international sales. The company has cut its earnings forecast due to new tariffs and economic uncertainty, leading to a 2% drop in shares.
U.S. Commerce Secretary Howard Lutnick announced plans to separate government spending from GDP reports, sparking debate over potential economic implications and recession fears amidst declining consumer sentiment.