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(The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Workspace/Eikon users can register at DAY/US. Thomson One users can register at RT/DAY/US. All times in ET/GMT) On Monday In the United States, the National Association
Major U.S. indexes finished higher Friday, with nine S&P 500 sectors advancing and small- and mid-cap shares also participating. Technology was mixed, as semiconductor weakness offset gains in software, cybersecurity and several megacaps.
The S&P 500 closed above 7,800 for the first time on Tuesday, then spent the rest of the week absorbing a 24-year high in Treasury yields and a report questioning the revenue behind the artificial intelligence buildout. Minutes of the Federal Reserve’s September meeting, released Wednesday, showed most officials expect
U.S. stocks edged higher by midday Friday, with the Nasdaq rebounding from Thursday’s setback sparked by concerns over OpenAI’s weaker-than-expected revenue, while the wireless carriers were hammered by a Space Exploration Technologies Corp. (NASDAQ: SPCX ) spectrum deal. SpaceX said Thursday it acquired a nationwide 8
American consumers are the gloomiest they’ve been in more than seven decades. That’s according to the University of Michigan’s consumer sentiment index, which fell to 46.3 in the preliminary October reading, from 48.1 in September. Economists expected 47.6. Only May’s 44.8 was lower. Before this year, the record low wa
Gold futures climbed 1.4% in early European trading as the dollar eased and oil prices fell. Traders are also reassessing the inflation and interest-rate outlook.
Gold futures advanced in early European trade as the dollar softened and oil prices fell. Traders were also reassessing the inflation and interest-rate outlook.
The Nasdaq composite fell 1.3% in a mixed session as AI-related shares slid after reports of lower-than-expected OpenAI revenue. Oil prices rose after President Donald Trump's remarks on the Middle East war, while Federal Reserve Gov. Christopher Waller said additional rate hikes may be needed.
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 fell to around $81,500 in afternoon trade as broader markets reacted to higher oil prices and hawkish Federal Reserve comments.
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.
Palantir rose more than 3% after Goldman Sachs upgraded the stock to buy from neutral and lifted its price target to 230. The move put the shares into profit zone from a 163.70 entry.