Global Markets Grapple with China Tech Curbs, Record US Equity Inflows, and Economic Uncertainty
Key TakeawaysElon Musk has become the first person in history to reach a net worth of $500 billion, propelled by the strong performance of his companies, including Tesla (TSLA).Foreign holdings of US equities have surged past $20 trillion, now accounting for a record 30% of the total US stock market, the highest share recorded since 1945.China is reportedly curbing the use of Nokia (NOK) and Ericsson (ERIC) in its telecoms networks, a move signaling escalating geopolitical tensions and potential reciprocal ...