AI Stock Rally Checked by Relentless Treasury Selloff
Nasdaq futures pared earlier gains but still rose as investors balance AI enthusiasm with an increasingly gloomy macroeconomic picture.
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Global Dealmaking Cools in Third Quarter
EXCLUSIVE: Fragile artificial-intelligence sentiment and higher borrowing costs helped dampen merger-and-acquisition activity in the third quarter, but giant AI deals mean 2026 is still on track to be the second-highest-volume year for global M&A ever, according to Mergermarket data.
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Eurozone Labor Market Continues to Defy Mounting Economic Headwinds
Unemployment stayed at 6.4% in August, even with higher interest rates and an energy crunch driven by war in the Middle East.
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Dollar Hits 16-Month High on Prospect of Higher U.S. Rates
The DXY index rose to 101.848 with the dollar continuing to derive support from the potential for further Fed rate hikes.
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Long-Dated Treasury Yields Hit 24-Year Highs, French Spread Widens as Bond Selloff Ramps Up
The 30-year Treasury yield climbed to 5.683% and the 10-year French-German yield spread reached its widest level in 14 years.
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AI Boom Keeps Asian Factory Activity Humming Despite Cost Pressures
Gauges of factory activity in Asia continued to signal expansion at the end of third quarter, as the artificial-intelligence boom offset cost pressures and supply disruptions.
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Oil Rises as Supply Concerns Persist Despite Middle East Crude Exports Recovering to Prewar Levels
The benchmark contracts traded lower initially before rebounding as risks around regional shipping and the U.S.-Iran conflict continue to weigh.
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A Tech-Fueled Stock Market Powers Through, but Limps Into the Fourth Quarter
The Nasdaq composite and the S&P 500 are on pace to finish with double-digit gains for the fourth straight year, a first since the late 1990s. Rising rates might intervene.
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AI Boom Powers South Korea's September Exports Past $120 Billion
Exports from Asia's fourth-largest economy, home to memory-chip makers Samsung Electronics and SK Hynix, rose 83.5% from a year earlier to $120.94 billion in September.
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Fed's Kashkari Says Inflation Still Too High, Latest Data Didn't Change View
Kashkari said the bigger surprise in the latest batch of inflation data was the revisions to gross domestic product growth that suggested a resilient economy and consumer.
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Swiss Inflation Rises to Two-Year High on Energy Costs
Annual inflation was 1.0% in September, compared with 0.8% in the prior month, reaching its highest point since August 2024.
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Money Managers Are Asking Clients to Give the Bond Market Another Chance
The bond market is selling off, but the classic 60-40 portfolio is doing what it is supposed to for the first time in years.
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Surging Yields Bring the Bond Market Back to the Turn of the Century
The 10-year Treasury yield climbs above 5.3% to a level not seen in 24 years.