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Asian shares were mixed on Wednesday, with Japan and South Korean technology stocks advancing following a broad rally on Wall Street.
The Kospi in Seoul gained more than 4% early on and by midday was trading up 3.4% at 5,733.82.
On Tuesday, 10/20, the Dow and small-cap stocks rose, fueled by lower oil prices and strong earnings, while tech stocks stalled. However, trading volume was thin, and despite many people being fearful, price movements were calm, so there is no need to panic. For Wednesday, 10/21, I want to calmly watch whether the S&P 500 can reclaim the 25-day moving average around 7,720.
In the previous trading session, stock markets came under heavy selling pressure, with Sensex plunging nearly 900 points as investors turned cautious amid a volatile market environment. The sharp decline weighed on investor sentiment, with market participants tracking global cues, developments in West Asia, crude oil price movements and the rupee-dollar trend for further direction.
Today the Jio Platforms IPO of over ₹30,000 crore opens for subscription, the biggest public issue in Indian corporate history, and we break down what it means for the market and for retail investors.
We also track the global cues: Wall Street closed mixed,
CoreWeave borrowed tens of billions to build AI infrastructure while interest rates climbed, and the next earnings report will reveal whether its operating leverage can actually outrun the financing costs threatening to swallow it whole.
CoreWeave (NASDAQ:CRWV) trades at $61.12. Its stock and bonds sold off last week on rate-hike fears,
» Read more about: CoreWeave’s Financing and Interest Rate Concerns Will Show Up In One Place »
“Real estate stocks fall as interest rates rise”
This is a sentence I often see in the news. Honestly, I didn’t quite get it at first. Isn’t real estate supposed to be resistant to inflation? Since rents go up too, why do prices fall?
In fact, this autumn, as long-term interest rates exceeded 3%,
Some Social Security payments will be on a different schedule for the remainder of 2026. One major change will take place next month.
This year, Veterans Day falls on Wednesday, Nov. 11, the second Wednesday of the month. Because of the federal holiday, millions of Social Security recipients will get their benefits a day earlier,