Dow Jones Top Markets Headlines at 5 PM ET: Trump Says He Has Struck Deal With Putin for Russian Diesel | Trump …
Trump Says He Has Struck Deal With Putin for Russian Diesel
The president said Russia has agreed to supply large amounts of the fuel, marking a major policy shift that eases U.S. pressure on Moscow in hopes of lowering fuel prices ahead of the midterms.
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Trump Announces White House Hearing to Investigate Fed’s Lisa Cook
The move signaled a renewed effort to fire the Biden-appointed Fed governor as part of the president’s desire to wield more control over the central bank.
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U.S. Stocks Rise as Iran Escalation Fears Subside
U.S. stocks rose after President Donald Trump said the U.S. would not strike Iran before the mid-term elections, quelling concerns about an escalation of the Middle East war and related energy-market chaos.
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Consumer Sentiment Drops, per Michigan Survey
The University of Michigan survey’s headline index fell to 46.3 in its preliminary October reading, versus 48.1 in September.
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Oil Prices Steady After Trump Appears to Rule Out Iran Strikes Before Midterms
Oil prices edged higher as traders weighed President Trump’s pledge not to attack Iran before the U.S. midterm elections against persistent shipping risks in the Persian Gulf and extensive offshore production shut-ins in the Gulf of Mexico.
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Canada Jobless Rate Edges Up With Another Drop in Employment
Employers in Canada cut 68,300 jobs in September, nudging the unemployment rate up 0.1 percentage point to 6.5%.
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Affluent and Older Americans Got Much Richer in Postpandemic Years
A Federal Reserve study found overall median net worth rose 2% between 2022 and 2025.
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A Year On, Bitcoin Languishes a Third Below its All-Time High. What’s Next For The Cryptocurrency?
Multiple catalysts could drive the price of bitcoin up before the end of the year, according to analysts.
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AI’s Spending Boom Faces a Revenue Test by 2027
OpenAI, Anthropic, and other AI developers need rapid revenue growth to sustain the infrastructure buildout, according to 22V Research.
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Week Ahead for FX, Bonds: U.S. Inflation Data in Focus
Investors will be focused on inflation data from the U.S., eurozone and China as well as U.K. economic growth figures and trade data out of China.
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Iran and Houthis Try to Regain Upper Hand in Hormuz With Spate of New Attacks
The clashes underscore the region’s volatility and the difficulty that Trump faces keeping a lid on its conflicts at least until after midterm elections.
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EU Says it Reached Understanding with China to Cut Back Hybrid Vehicle Exports
EU trade chief Maros Sefcovic said that the two regions reached a shared understanding in compliance with World Trade Organization rules that China would reduce its hybrid and plug-in hybrid exports.
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Tokenized Stocks Bring ‘Radical Change’ to Markets, Cuomo Says
The former New York governor signed on as co-chairman of OKXICE, a joint venture between U.S. exchange powerhouse ICE and OKX that plans to tokenize stocks.
(END) Dow Jones Newswires
October 09, 2026 17:15 ET (21:15 GMT)
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