News Highlights: Top Global Markets News of the Day - Tuesday at 7 AM ET

Dow Futures, Bitcoin Rise 
 

Stock futures edged higher as shares of chip and crypto-linked firms were lifted by artificial-intelligence mania.

 
M&A Gathers Steam for Biotech Startups 
 

Mergers and acquisitions of venture-backed drug developers are starting to rebound following a relatively slow period in 2023, brightening the outlook for venture capitalists seeking to cash out of biotechnology investments.

 
Why Treasury Yields Are Rising Despite Rate-Cut Expectations 
 

The yield on the government's 10-year note has climbed since the start of the year, propping up mortgage rates.

 
The Office Market Is in Turmoil. So Why Are Rents More Expensive? 
 

U.S. office rents are holding steady-or even climbing-despite soaring vacancy rates, a record amount of available sublease space, and rising defaults.

 
A Way for Energy Investors to Ride the AI Boom 
 

Investors watching artificial intelligence are turning to a typically sleepy corner of the market: companies that own power plants. Is the run-up justified?

 
China Signals More Property Support, But Substance to Be Key for Turnaround 
 

China's premier and its central bank chief have sought to calm the country's embattled property sector in recent days, but investors are waiting on something slightly more elusive: concrete steps.

 
German Consumer Mood Improves, Uncertainty Remains 
 

German consumer confidence improved slightly, according to the latest GfK reading, but the overall mood remained sluggish, as doubts about the economy continue.

 
James's Take: Rise of Continuation Funds Highlights Potential Conflicts 
 

More private-equity firms are using so-called continuation funds to extend their hold on certain assets and allow investors in older funds backing those assets to potentially cash out. But the increasingly popular tool comes with its share of potential conflicts.

 
Australian Regulator to Conduct First Financial System Stress Test 
 

Australia's prudential regulator will conduct its first systemwide stress test, as it seeks to better understand potential risks borne by an increasingly interconnected financial system.

 
Cook says Fed has to move carefully before cutting interest rates 
 

Federal Reserve Gov. Lisa Cook on Monday said the central bank needs to take a "careful approach" in deciding when to cut interest rates, but she gave few clues on the timing or size of any reductions.

(END) Dow Jones Newswires

March 26, 2024 07:15 ET (11:15 GMT)

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