Consumer Stocks Decline Late Wednesday Afternoon
Consumer stocks were lower late Wednesday afternoon.
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EMERGING MARKETS — Brazil's real slides, dragging LatAm currencies lower
Brazil's currency hits lowest in nearly two weeks Flavio Bolsonaro slightly ahead of Lula - Quaest poll Brazil retail sales rise less than expected in August (Updates with afternoon trading) By Ragini Mathur, Sudeshna Ghoshal and Niket Nishant Oct 15 (Reuters) — Latin American currencies slipped on Thursday and were on
US STOCKS — S&P 500 near flat as traders shift out of risky AI bets
(Updates with afternoon trading) TSMC strikes cautious note for 2027 after sixth straight record quarterly profit US producer prices rise more than expected in September S&P 500 +0.02%, Nasdaq -0.43%, Dow +0.88% By Noel Randewich and Sruthi Shankar Oct 15 (Reuters) — The S&P 500 was near flat on Thursday, recovering fr
EMERGING MARKETS — Asian currencies retreat after hot US inflation, S.Korean stocks slip 8%
Philippine peso hits record low Taiwan dollar slips to early August levels South Korean won hits 2-week low Seoul chipmakers dive more than 10% (Updates for afternoon trade) By Nikita Maria Jino and Sameer Manekar Oct 15 (Reuters) — Most emerging Asian currencies weakened on Thursday after hotter-than-expected US infla
UPDATE 1 — Asia Morning Call — Global Markets
Oct 15 (Reuters) — Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** 8,727.90 −56.00 NZX 50** 13,760.39 10.79 DJIA 51,621.48 −48.62 NIKKEI** 67,744.29 −33.23 Nasdaq 26,692.87 −511.51 FTSE** 10,724.86 74.53 S&P 500 7,718.94 −86.51 Hang Seng** 24,314.17 −31.05 SPI 200 Fut 8,724.0 -63.5 STI** 5,423.33 -7.17 SSEC
US STOCKS — Wall St tumbles as hot CPI boosts rate — hike bets; banks, AI stocks weigh
Indexes down: Dow 0.30%, S&P 500 1.10%, Nasdaq 1.66% US inflation rises more than expected in September Bank of America slips after lower Q3 profit Philadelphia chips index set for longest losing streak since Nov 2024 (Updates with afternoon trade) By Tharuniyaa Lakshmi and Purvi Agarwal Oct 14 (Reuters) — The S&P 500
EMERGING MARKETS — Asian stocks lose steam after chip rout
EM Asia stocks index up 0.2% SK Hynix turns red, down 1.7% Monetary Authority of Singapore stuns with policy hold Taiwan dollar on 5-day losing streak (Updates for afternoon trade) By Nikita Maria Jino Oct 14 (Reuters) — Emerging Asian equities surrendered some gains in afternoon trading on Wednesday amid lingering con
Bitcoin falls to around $81,500 as markets weaken
Bitcoin moved down to around $81,500 in afternoon trade as major U.S. stock indexes stayed lower and Treasury yields eased. The move came alongside broader risk-off action tied to oil, Fed comments and tech-sector weakness.
Bitcoin slips to around $81,500
Bitcoin fell to around $81,500 in afternoon trade as broader markets reacted to higher oil prices and hawkish Federal Reserve comments.
Bitcoin falls to around $80,800
Bitcoin moved down to around $80,800 in Thursday afternoon trading as Wall Street weakened. The move was reported alongside broader declines in U.S. stocks and a drop in Treasury yields.
Microsoft unveils AI laptop, Hybrid Intelligence features
Microsoft announced the Surface Laptop Ultra for preorder at $2,599, with shipping set for Oct. 16, and introduced Hybrid Intelligence for Windows and its new devices. Nvidia’s RTX Spark chip powers the laptop, while Microsoft also showed a developer desktop device priced at $5,999.
Transcript: Micron Technology Q4 2026 Earnings Conference Call
Micron Technology (NASDAQ: MU ) held its fourth-quarter earnings conference call on Wednesday. Below is the complete transcript from the call. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more. View the webcast at Summary Micron Technology reported exceptional fiscal Q4
MNI ASIA OPEN: 20Y Highs for 10Y Yld, S&P Flash PMIs Surge
EXECUTIVE SUMMARY * MNI FED: Gov Barr: Base Case Is For Further Hikes: #83aa171c-7fc4-49fd-82f5-351bcb071d96 * MNI IRAN: Security Chief Says In No Rush To Negotiate: #5df7e2ac-e490-4920-91fd-84069fe559a3 * MNI IRAN: Pezeshkian Talks On Nuclear, Hormuz & US Stance In UN Address: #c9b6854d-8cab-47cb-8646-ce411062279c * M
MNI ASIA MARKETS ANALYSIS: Crude Rebounds, Xi Comes to US
HIGHLIGHTS * Gov Barr (permanent FOMC voter)'s speech Tuesday is primarily on the longer-term outlook for the housing sector, but importantly he notes that his "base case" is for "further policy adjustments" (plural) * Iranian security chief Rezaii via Irib: "Iran has not been in a hurry to negotiate; today, Iran's con
Sector Update: Consumer Stocks Lower in Late Afternoon Trading
() -- Consumer stocks declined late Wednesday afternoon with the State Street Consumer Staples Select Sector SPDR ETF (XLP) falling 0.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) dropping 1.9%. In corporate news, Domino's Pizza's (DPZ) Q2 results are expected to reflect near-term pressure