Asia markets trade mixed after Wall Street gains as investors look past government shutdown

Asia markets trade mixed after Wall Street gains as investors look past government shutdown

Skyline of Tokyo, Japan. Jackyenjoyphotography | Moment | Getty Images Asia-Pacific markets opened mostly higher Friday, tracking Wall Street gains as investors shrugged off the U.S. government shutdown. Investors are waiting to see how long the shutdown will last to assess the gravity of its economic repercussions. Historically, government shutdowns in the U.S. have not…

Read More
Stanley Druckenmiller ramps up health-care stock exposure, gets back into Microsoft

Stanley Druckenmiller ramps up health-care stock exposure, gets back into Microsoft

Billionaire investor Stanley Druckenmiller ‘s top three biggest holdings at the end of June were all health-care stocks and he also invested back into one of his favorite artificial intelligence plays, Microsoft , according to a regulatory filing. The former lead portfolio manager for George Soros’ Quantum Fund, who now runs his own Duquesne Family…

Read More