Wall Street Breakfast: Crisis Response
What else is happening…
World’s largest ETF hits historic milestone as it crosses $600B in AUM.
Netflix (NFLX) global streaming memberships maintain double-digit growth.
Raymond James’ top picks in restaurant sector before Q3 results.
Janet Yellen warns Trump’s proposed tariffs would reignite inflation.
Gold rises to another record; analysts see no price ceiling in sight.
Nvidia’s (NVDA) hold over market share leads BofA to raise EPS estimate.
European Central Bank delivers another 25 bps interest rate cut.
Crude oil snaps four-session losing streak on lower U.S. inventories.
OpenAI releases test versions of ChatGPT app for Windows.
History says the stock market’s bull run could keep going for years.
Today’s Markets
In Asia, Japan +0.2%. Hong Kong +3.6%. China +2.9%. India +0.3%.
In Europe, at midday, London -0.2%. Paris +0.5%. Frankfurt +0.1%.
Futures at 6:30, Dow flat. S&P +0.1%. Nasdaq +0.3%. Crude -0.5% to $69.73. Gold +0.8% to $2,727.90. Bitcoin +1.4% to $67,879.
Ten-year Treasury Yield flat at 4.10%.
Today’s Economic Calendar
08:30 AM Housing Starts and Permits
09:30 AM Fed’s Bostic Speech
10:00 AM Fed’s Kashkari Speech
12:10 PM Fed’s Waller Speech
12:30 PM Fed’s Bostic Speech
01:00 PM Baker Hughes Rig Count
Companies reporting earnings today »