Economy

Economy
Economy

Nasdaq futures plunge 300 points: 5 things to know before Wall Street opens

US stock futures fell on Thursday as a renewed bond sell-off and another rise in oil overshadowed hopes that the Trump-Xi summit could steady US-China relations. Nasdaq 100 futures were down over 300 points, or about 1% around, S&P 500 futures lost 0.6% and Dow futures slipped 0.3%. The 10-year Treasury yield remained above 5%,

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Economy

Fed’s Williams signals another rate hike as October bets surge

New York Federal Reserve President John Williams said Thursday it would be “reasonable” to expect the central bank to raise interest rates again before the end of the year. Speaking at the London Macro Policy Forum, an event organized by the National Institute of Economic and Social Research, Williams said that another hike this year

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Economy

Three dividend stocks that can still work despite 5% 10-year yield

The US 10-year Treasury yield touched 5.15%, its highest since the Great Financial Crisis, in what was its sharpest one-day move since April 2025. The massive surge was catalyzed by hotter-than-expected PMI data that revived fears of more Fed tightening. The US central bank has already raised its benchmark interest rates by 25 basis points

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Economy

Three dividend stocks that can still work despite 5% 10-year yield

The US 10-year Treasury yield touched 5.15%, its highest since the Great Financial Crisis, in what was its sharpest one-day move since April 2025. The massive surge was catalyzed by hotter-than-expected PMI data that revived fears of more Fed tightening. The US central bank has already raised its benchmark interest rates by 25 basis points

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Economy

Bybit launches ‘Make Your Move’ campaign for new financial platform

Bybit has launched “Make Your Move,” a new global brand campaign as the cryptocurrency platform expands its positioning beyond crypto trading into a broader financial services ecosystem. The Dubai-based company said the campaign marks the next stage of its evolution into what it calls a “New Financial Platform,” connecting crypto, stocks, gold, forex, indices and

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Economy

Why is Meta stock down on Thursday despite analysts raising PTs post Meta Connect?

Meta Platforms shares META slipped in premarket trading on Thursday as a sharp rise in US Treasury yields and higher oil prices weighed on broader market sentiment, even as investors digested a series of announcements from Meta Connect on Wednesday. Meta stock was down about 1.15% during premarket trading, while Nasdaq futures fell roughly 1%

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Economy

Tesla stock at risk despite rising EV sales amid rising gasoline prices

Tesla stock has rebounded in the past few weeks, moving from a low of $297 in August to the current $380. It has rallied as traders buy the recent dip and predict more gains as gasoline prices jump. So, will these gains hold? European EV sales are soaring The ongoing shock in the energy market

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Economy

Dow opens 170 pts lower as 30-year Treasury yield hits 22-year high

US stocks opened lower Thursday as a historic selloff in Treasury bonds continued to dominate markets, with the 30-year yield touching its highest level in more than two decades. The Dow Jones Industrial Average fell 179.66 points, or 0.35%, to 51,331.93 shortly after the opening bell. The S&P 500 dropped 0.48% to 7,669.46, while the

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Economy

Brent crude returns above $105 as US-Iran talks stall

Oil prices rose around 2% on Thursday as diplomatic efforts between the US and Iran showed little sign of progress, keeping geopolitical risks in focus. Brent crude futures climbed back above $105 a barrel, while investors also assessed uncertainty surrounding a potential US ban on diesel exports. Brent crude futures were up 2.09%, at $105.2

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Economy

Apollo Global at risk as private credit redemptions continue

Apollo Global stock has underperformed the market this year as jitters in the private credit industry have escalated. APO dropped to $124.15, down by 13.60% from its highest level in August this year. So, is this retreat a good buying opportunity for the stock? Apollo Global private credit redemptions are continuing There are signs that

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