October signifies the fourth anniversary of the global bull market, a phase during which UBS asserts that the future trajectory remains positive. “Over the past four years, global stock markets have reached one record high after another because corporate earnings are growing faster than most analysts expected. What many initially interpreted as a short-term recovery Read More
Dow Futures are showing a slight increase as investors prepare for the upcoming release of crucial U.S. employment data while evaluating the fluctuations in the global bond market. The U.S. economy is expected to have experienced a decline in job additions for September relative to the previous month, with the unemployment rate anticipated to match Read More
Dow Futures are exhibiting a mixed performance as investors brace for the initial trading session of the fourth quarter, following a tumultuous September for financial markets. Micron presents a positive revenue forecast, highlighting robust demand for memory chips utilised in artificial intelligence. Nike is poised to announce its most recent results, with investors eager to Read More
On September 16, shortly after the Federal Reserve raised interest rates, Colby Smith of The New York Times asked Fed Chair Kevin Warsh about the usual script. “When the Fed starts raising rates, it generally follows with a sequence of hikes,” Smith said at the press conference, before asking whether anything made this time different. Read More
On September 17 the Pennsylvania Gaming Control Board published its revenue figures for August. Total gaming revenue across casinos, online play, sports wagering, truck-stop terminals and fantasy contests came to $569,738,545, down 2.16% on a year earlier. The one large line that grew was online casino play: $245,699,011, up 6.25%. That split has held for Read More
Dow Futures remain subdued, as investors assess the persistent rise in U.S. bond yields. Claude-maker Anthropic anticipates a valuation exceeding $2 trillion, as reported by sources referencing the artificial intelligence start-up’s initial public offering prospectus. Anthropic competitor OpenAI has abandoned the launch of its next-generation artificial intelligence model due to its failure to meet internal Read More
Dow futures declined on Monday as investors confronted renewed uncertainty surrounding the conflict involving Iran, a significant increase in oil prices, and emerging concerns regarding the pace and safety of artificial intelligence development. President Donald Trump’s dismissal of an Iranian proposal to reopen the Strait of Hormuz intensified concerns within the energy market, while OpenAI’s Read More
A historic sell-off in U.S. Treasuries showed signs of moderation on Friday, particularly in shorter-term instruments, as oil prices declined, providing some relief from energy-induced inflationary worries. Yields increased across the curve for the week, supported by high oil prices, a hawkish adjustment of Federal Reserve rate expectations, and worries regarding the substantial debt being Read More
Dow Futures experience a slight increase, yet investors remain cautious amid a significant selloff in the bond market this week. The U.S. 10-year Treasury yield reaches its highest level since 2007, driven by a confluence of high oil prices, robust U.S. economic performance, and speculation regarding the Federal Reserve’s interest rate path. In other developments, Read More
Dow Futures fall after a worldwide bond market selloff as robust U.S. business activity statistics and rising oil prices spur expectations on more central bank policy tightening later this year. President Donald Trump and Chinese President Xi Jinping are scheduled to discuss trade and AI during a crunch summit. Dow futures fell Thursday as investors Read More
