CNBC Daily Open: Most major assets fell in February, giving investors no safe haven
Publishing timestamp: 2023-03-01 01:00:11
Summary
Markets had a rough February, with stocks and bonds both falling. Goldman Sachs is pivoting from its consumer push and India is boosting capital expenditure. A South Korean AI chip startup is valued at over $400 million and the 10-year Treasury yield is close to 4%, a key psychological level for investors. U.S. home prices are increasing, but at a slower rate due to high mortgage rates. Target warned that consumers are paring back on their discretionary spending.
Sentiment: MIXED
Keywords: business news, goldman sachs bdc inc, india, economic events, interest rates, china, technology, world markets, nvidia corp, markets, hong kong, inflation, housing, david solomon,
Source: https://www.cnbc.com/2023/03/01/stock-markets-investors-had-no-safe-haven-assets-in-february.html