Numbered briefings and deep reads from each desk
The Nasdaq fell 1.3% — its worst day in nearly two months — as the FT reported OpenAI's annualized revenue is $20 billion lighter than previously signaled; Brent crude spiked 4% toward $105 on Middle East escalation while a strong 30-year auction pulled yields off multidecade highs. The full global wrap.
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The 10-year Treasury spiked to a 24-year high of 5.361%, reversing Tuesday's record rally. The full global market wrap — indices, yields, oil, gold and crypto.
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The S&P 500 closed at 7,819.04, its first record since August, while the Nasdaq notched a second straight record as the 10-year Treasury yield pulled back from a 24-year high. Europe rallied, Japan topped 70,000. Today's global market wrap.
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The Nasdaq closed at a record 27,477.31 while the 10-year Treasury yield hit its highest since 2002 at 5.31%. Stocks and bonds rose together as AI optimism absorbed the rate shock; France's fiscal crisis dragged the CAC 40 to a six-month low. Today's global market wrap.
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September payrolls added just 29,000 jobs and October Fed-hike odds collapsed from 64% to 23%. The S&P 500 rose 0.7%, the Nasdaq notched a record intraday high, and Europe rebounded from three-month lows — even as the 10-year yield climbed to 5.28%. Today's global market wrap.
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The 10-year Treasury hit a 24-year high of 5.34% before buyers stepped in. US stocks eked out gains on chip earnings while Europe slumped to three-month lows. Today's global market wrap.
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PCE inflation cooled but the 30-year Treasury hit a 24-year high. The Nasdaq gained while the Dow sank to its lowest since June. Today's global market wrap.
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Tuesday was a day of two tapes. Bonds squeezed steadily — the 10-year at 5.26%, the 30-year at 5.62%, both the highest since 2002, with traders expecting the Fed could keep hiking into mid-next-year. Oil swung violently: Brent spiked toward $107 in Asian trade on the stalled U.S.–Iran talks, then reversed to settle at $102.69, down 2.5%, as diplomacy headlines cut both ways. U.S. equities fared better than Monday's 0.8% slide, but the rotation was defensive — utilities +1.1%, energy –0.9% — and the data leaned soft, with job openings missing and confidence at a 12-year low.
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The S&P 500 fell 0.8% as the 10-year Treasury yield hit a 19-year high of 5.24% and Brent surged past $107 on collapsed U.S.-Iran talks. The full global close.
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Wall Street rallied Friday as U.S.–Iran talks on reopening the Strait of Hormuz eased oil prices and the week's historic bond selloff paused, with the S&P 500 up 0.5% and the Dow gaining 0.9%. The Global Close.
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