Wednesday, October 30, 2024

Thursday's News Links

[Yahoo/Bloomberg] Microsoft, Meta Platforms Drag Down Nasdaq: Markets Wrap

[CNBC] 10-year Treasury yield hovers around 4.3% before Friday’s jobs report

[Yahoo/Bloomberg] Oil Drifts Near $69 With US Stockpile Drop, Middle East in Focus

[Reuters] Morning Bid: Megacaps spooked, world bonds on edge

[Reuters] Big Tech's AI splurge worries investors about returns ahead of Amazon results

[Yahoo/Reuters] US planned layoffs drop again in October, recruitment firm Challenger says

[CNBC] Key Fed inflation rate hits 2.1% in September, as expected

[AP] Americans are anxious and frustrated about the presidential campaign, an AP-NORC poll finds

[Yahoo/Bloomberg] Euro-Zone Inflation Picks up, Backing Cautious Approach on Rates

[Yahoo/Bloomberg] BOJ Holds Rates as Unstable Politics Raises Uncertainties

[Yahoo/Bloomberg] Chinese Factory Activity Unexpectedly Expands on Stimulus Push

[Reuters] China's central bank injects cash via new outright reverse repos in October

[Yahoo/Bloomberg] China Corporate Bond Sales Fall as Stimulus Brews Uncertainties

[Yahoo/Bloomberg] China’s Top Solar Firms Post Big Losses as Oversupply Persists

[NPR] North Korea launches new intercontinental ballistic missile designed to threaten U.S.

[Reuters] Who are the North Korean generals Ukraine says are in Russia?

[Bloomberg] Surging Mortgage Rates Threaten US Housing Market Momentum

[Bloomberg] Climate Change 'Worsened All 10 Deadliest Weather Events in Past Two Decades'

[NYT] Inflation Is Basically Back to Normal. Why Do Voters Still Feel Blah?

[WSJ] Big Tech Is Paving the Way for a Nuclear Breakthrough

[WSJ] The Wealthy Are Overpricing Their Homes. Auctions Show Just How Much.

[FT] UK borrowing costs hit highest level this year after Budget

[FT] Bank of Japan holds rates but signals normalisation still on track

[FT] Maersk chief predicts intensifying trade tensions after US elections

Wednesday Evening Links

[Yahoo/Bloomberg] Asian Equities Set to Fall as US Bond Rout Extends: Markets Wrap

[Yahoo/Bloomberg] Microsoft Shares Drop on Disappointing Azure Growth Forecast

[Yahoo/Bloomberg] Meta Warns of Worsening AI Losses After Sales Narrowly Beat

[Yahoo/Bloomberg] Oil Extends Gain After Stockpiles Fall With Focus on Middle East

[Yahoo/Bloomberg] AI’s $1.3 Trillion Future Increasingly Hinges on Taiwan

[WSJ] Truckers Are Projecting an Upturn in Freight Rates



Wednesday Afternoon Links

[Yahoo/Bloomberg] Gold Rises to Record High as Looming US Election Fans Demand

[Yahoo/Bloomberg] Stocks Rise on ‘Solid, But Not Blistering’ Growth: Markets Wrap 

[Yahoo/Bloomberg] UK Bonds Fall as Reeves’ Budget Points to More Debt And Stimulus

[Yahoo/Bloomberg] Oil Rebounds After Two-Day Slump With Middle East Back in Focus

[Yahoo Finance] Home sales contracts picked up last month, hitting highest level since March

[Yahoo/Reuters] Chinese hacking is biggest state cyber threat to Canada, spy agency says

[Yahoo/Bloomberg] Fall IPO Window Disappoints With US Election Pushing Deals Into 2025

[Yahoo/Bloomberg] Reeves Lifts UK Taxes, Borrows to Invest in Post-Election Budget

[Yahoo/Bloomberg] ECB Mustn’t Rush Further Interest-Rate Cuts, Schnabel Says

[Yahoo/Bloomberg] German Inflation Ticks Up Sharply, Highlights ECB Challenge

[WSJ] Home Builders Usually Love Cheap Mortgages—Maybe Not This Time

[FT] UK borrowing costs rise as Rachel Reeves’ spending plans unnerve investors