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Reuters

Reuters

Morning Bid: Alphabet flubs, Yen surges, China returns

Reuters
Summary
Nutrition label

79% Informative

U.S. stock futures were back in the red ahead of Wednesday 's bell as shares in megacap Alphabet plunged 7% overnight .

The drop came amid doubts about the Google parent's cloud computing business, much like Microsoft last week , and anxiety about its huge investment in artificial intelligence.

Japan 's yen surged to its best levels of the year so far after domestic wage numbers rekindled talk of another interest rate rise this year .

Nissan shares fell 4% and Honda 's rose 8% .

Key developments that should provide more direction to U.S. markets later on Wednesday .

European Central Bank chief economist Philip Lane speaks in Washington .

January private sector payrolls from ADP , Jan service sector surveys from ISM and S&PGlobal.

VR Score

90

Informative language

97

Neutral language

58

Article tone

formal

Language

English

Language complexity

60

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

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