Stock Market Today: Dow, S&P Live Updates for Jan. 19 – Bloomberg

Bloomberg Surveillance with Tom Keene, Jonathan Ferro & Lisa Abramowicz live from New York, bringing insight on global markets and the top business stories of the day.
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It’s been a half century since Australia and China established formal relations, but neither side is really celebrating. After several years of growing tensions, the potential for a reset under Australia’s new Labor government is in question as trade sanctions remain and diplomatic disputes persist.
Turkey Doesn’t Budge on Rate With Focus Now on Alternative Tools
Unilever India’s Profit Beats Estimates, Hikes Royalty Payout
Lagarde Says Inflation Way Too High, ECB to Stay the Course
Swiss House Prices Drop for the First Time in Three Years
Norway Pauses Rate Hiking But Flags Likely Move in March
Unilever India’s Profit Beats Estimates, Hikes Royalty Payout
Fake Meat Was Supposed to Save the World. It Became Just Another Fad
Nearly Half of Chinese Tourists Don’t Plan to Travel Overseas This Year
Naira Redesign Crimps Nigeria’s Pre-Election Cash Surge
Apple Faces Antitrust Investigation From Brazil Watchdog
Poland Hints It May Send Tanks to Ukraine Without German Nod
Emboldened China Protesters Test Xi’s Resolve After Covid Pivot
Evergrande Chairman, Once Worth $42 Billion, Loses 93% of Wealth
Preparing for the Worst as Amazon, Microsoft Cut Jobs
Cash Is King for Luxury Car Buyers in 2023
Why You Should Reject an Upgrade to a Hotel’s Presidential Suite
Homebuilders Are Signaling Buyers to Wait a Little Longer
India’s Surging Population Is an Economic Virtue
Meme Stock Mullen Is Drowning Its Investors in Shares
Laid-Off Tech Workers Are Just What the Auto Industry Needs
One of FTX’s Biggest Victims Could Be the Bahamas’ Finance Reputation
Fake Meat Was Supposed to Save the World. It Became Just Another Fad
Ardern Resignation Points to Slow Progress for Women in Politics
Ardern Faced Unprecedented Hatred, Ex-New Zealand Leader Says
How the Husks of Old Power Plants Can Help the Climate Fight
Biden’s Climate Plan Is ‘Dangerous’ Says UK Business Secretary
Biden Revives Housing Rule That Trump Derided as ‘Abolishing the Suburbs’
The White House Is Considering Broad Actions to Expand Tenant Protections
The School Board Queen Endorsed by Florida Governor Ron DeSantis
The Global Legal Fallout of FTX (Podcast)
One of FTX’s Biggest Victims Could Be the Bahamas’ Finance Reputation
Ryan Salame Invested Big In A Small Town, Now It’s Tangled Up In FTX’s Fallout (Podcast)
Srinivasan Sivabalan
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Treasuries rallied and equities declined as growing signs of a global economic slowdown raised investor concern that the start-of-the-year rally in risk assets may have gone too far.
Contracts on the S&P 500 Index dropped 0.4% after the benchmark slumped the most in a month Wednesday amid weaker-than-expected economic data. Nasdaq 100 futures also lost 0.4%. Europe’s Stoxx 600 gauge halted a six-day rally. The 10-year Treasury yield declined to the lowest level since September. A selloff spread across global markets, from Japanese shares to oil contracts.

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