Lessons from the Past

A daily market update from FS Insight — what you need to know ahead of opening bell

“You miss 100% of the shots you don't take.” — Wayne Gretzky

Overnight

U.K. was in a technical recession in the second half of 2023. link

Japan’s top forecaster sees economy shrinking again this quarter. link

Argentina’s annual inflation rose to 254%. link

U.S. intel says Russia seeking nuclear weapons in space to destroy satellites. link

Morgan Stanley is laying off several hundred in wealth-management division. link

NYC files suit against social-media companies for mental-health effects on youths. link

Little known startup takes the AI weather-prediction crown. link

A U.S. company, Intuitive Machines, launched a moon lander from Florida, the first by a private firm. link

WhatsApp’s parent company Meta is cutting funding for fact-checking on the messaging app. link

First news

  • No Chinese stocks, thanks
  • Now-small tobacco has a lesson for for-now-big oil
  • Monetization of football (the kind you play with your feet) is going global – with Africa leading the way, Brazil hoping to follow.

Charts of the Day

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MARKET LEVELS

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