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Sterling has hit roughly 2-1/2 years highs against the dollar and is flying high versus the euro, in moves analysts warn are underpinned by speculative interest rate bets that could unravel fast in markets still shaken by early August turmoil. At around $1.32, Britain's pound has soared beyond most analysts' target prices for this year. It's a stunning recovery from its slump to record lows near $1.03 after former UK prime minister Liz Truss' September 2022 mini-Budget.

Discover why Roblox and Palantir, two innovative companies from Cathie Wood's ARK Innovation ETF, could be compelling long-term investments in the rapidly evolving digital and AI landscapes.

Nvidia CEO Jensen Huang said demand for its new line of Blackwell GPUs is 'incredible'.

Palantir's growth has been accelerating due to high demand.

(Bloomberg) -- Tom Sosnoff and Scott Sheridan sold about £65 million ($86 million) worth of IG Group Holdings Plc shares in the first big selldown since their Chicago-based options-trading business was bought by the British firm three years ago.Most Read from BloombergTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsIntergenerational Housing Could Help Older Adults Combat LonelinessAs Rural Hospitals Shutter Maternity Wards, Urban Ones FollowA Loud Warning From the Past About Living With Car

Balance, not growth, is the characteristic fueling a sustained market rally.

Stocks Gain Pre-Bell as Traders Await Key Economic Data; Asia Down, Europe Strong