DARK SECRETS: 10 | Rare Historical Photos

Wall Street week ahead: Fed minutes, unemployment data, consumer sentiment update

Wall Street has a busy week ahead with a mix of economic updates and details about the Federal Reserve’s decision to raise interest rates at its last meeting

The Independent UK · Oct 3

5 world market themes for the week ahead

Global financial markets are grappling with soaring borrowing costs, while France navigates a volatile political landscape concerning its budgetary decisions. As Europe battles economic challenges, the euro witnesses notable fluctuations against the dollar. In Brazil, the impending elections are poised to instigate major shifts, driven by heightened interest rates and…

The Economic Times · Oct 3

Wall Street Week Ahead: Spiking bond yields, midterms, earnings to test US stocks' typical fourth-quarter strength

As the fourth quarter commences, US stocks traditionally experience a positive trajectory. Nonetheless, investors face hurdles such as climbing bond yields and a heavy reliance on AI expenditures. Coupled with the looming corporate earnings season and the November elections, market unpredictability intensifies. Analysts predict notable earnings growth, particularly driven by…

The Economic Times · Oct 3

I Asked the White House's New AI Chatbot About Tariffs. It Told the Truth.

America.gov says that tariffs "can raise the price buyers pay. Domestic goods that compete with those imports can also become more expensive."

Reason · Oct 2

London stocks up as soft US jobs report eases rate fears

The FTSE 100 index ended up 33.68 points, 0.3%, at 10,461.95.

Evening Standard · Oct 2

Why Credo Technology Stock Is Surging 8% on an Unemployment Jump

Despite a poor employment report, semiconductor stocks got a much-needed jolt, especially CRDO, which rose over 8% in morning trading Friday.

Barchart · Oct 2

Why US stocks are rising: Nasdaq hits record after weaker jobs data cools rate-hike bets; Nike shares drop on forecast

US stocks rose, with the Nasdaq Composite hitting a record high after disappointing jobs data emerged. Lower Treasury yields and declining oil prices contributed to the positive market sentiment. Notable gains were observed in semiconductor stocks, with Nvidia reaching an intraday record high. Nike's shares fell due to forecasts of…

The Economic Times · Oct 2

Stocks Climb as Weak US Economic News Eases Fed Rate Hike Concerns

The S&P 500 Index ($SPX ) (SPY ) is up by +0.90% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.54%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.23%. December E-mini S&P futures (ESZ26 ) are up +0.85%, and December E-mini...

Barchart · Oct 2

Bets on US Federal Reserve rate hike in October fall as job market cools

Last month, the US economy added only 29,000 jobs, significantly below the economists’ forecast of 90,000 jobs. The unemployment rate rose to 4.2%, indicating a slight deterioration in the labor market. Traders decreased expectations for another Federal Reserve interest rate hike later this year, with less than a 20% chance…

The Economic Times · Oct 2

Dollar Retreats and Gold Jumps on a Weak US Payroll Report

The dollar index (DXY00 ) is down by -0.32% today. A weaker-than-expected US Sep payroll report is weighing on the dollar today. Both non-farm payrolls and average hourly earnings rose less than expected, reducing the chance of a Fed rate hike later this month. Today’s -4% plunge in WTI crude...

Barchart · Oct 2