The United States government shutdown entered its 17th day on Friday, making it the third-longest in modern American history as lawmakers remain deadlocked over a funding agreement. The Senate has failed ten times to advance legislation that would reopen the government, and with the upper chamber now adjourned for the …
Read More »U.S. Futures Extend Losses as Regional Bank Worries and Geopolitical Tensions Weigh
U.S. stock index futures slipped further on Friday, extending the previous session’s selloff as renewed concerns over regional bank stability, U.S.-China trade frictions, and the prolonged government shutdown pressured market sentiment. At 06:10 ET (10:10 GMT), Dow Jones Futures were down 340 points (0.7%), S&P 500 Futures lost 67 points …
Read More »Dow Jones Falls 300 Points as Regional Bank Woes Stir Fresh Market Anxiety
The Dow Jones Industrial Average tumbled roughly 300 points on Thursday, slipping back into a consolidation zone near the 46,200 mark as renewed pressure on regional banks rattled Wall Street. The decline underscores a growing unease among investors who are struggling to stay optimistic amid deepening economic and political uncertainty.Market …
Read More »Fed Split Deepens Over Size of Next Rate Cut Amid Weak Labor Market and Data Gaps
As the Federal Reserve prepares for its late-October meeting, an internal debate has intensified over how aggressively to ease monetary policy in the face of a slowing U.S. labor market and rising geopolitical tension.Federal Reserve Governor Stephen Miran has renewed his call for a half-percentage-point interest rate cut, arguing that …
Read More »Dow Holds Ground as Earnings Lift Wall Street Confidence Despite Political Gridlock
The Dow Jones Industrial Average steadied on Wednesday, ending the day little changed after testing higher ground earlier in the session. A stronger-than-expected start to corporate earnings season helped counterbalance ongoing political and economic uncertainty, giving investors a reason to stay cautiously optimistic.Several major companies delivered upbeat results, sparking a …
Read More »Investment Giant Morgan Stanley Posts Record-Breaking Earnings
Financial behemoth Morgan Stanley delivered a stunning performance for the third quarter of 2025, significantly surpassing market expectations and sending a strong positive signal to investors. The company reported earnings per share (EPS) of $2.80, dramatically outperforming the anticipated $2.09. This robust showing was fueled by record revenues of $18.2 …
Read More »$15 Billion Freeze: How Washington’s Shutdown Is Bleeding the U.S. Economy
The federal government shutdown, now stretching into its second week, is exacting a steep economic toll on the United States—an estimated $15 billion a day, according to Treasury Secretary Scott Bessent. Speaking in Washington during the IMF and World Bank annual meetings, Bessent warned that the political deadlock in Congress …
Read More »Bank of America Tops Q3 Estimates on Strong Loan Growth and Investment Banking Surge
Bank of America (NYSE: BAC) reported a stronger-than-expected third-quarter performance on Wednesday, buoyed by solid loan and deposit growth, a surge in investment banking activity, and higher interest income — signaling robust momentum across its core businesses despite a challenging macro backdrop. Earnings Beat Across Key Segments The U.S. banking …
Read More »U.S. Futures Rise as Powell’s Dovish Remarks Lift Sentiment; Earnings Season in Focus
U.S. stock index futures climbed on Wednesday, as investors cheered dovish comments from Federal Reserve Chair Jerome Powell and prepared for a fresh wave of corporate earnings reports, including major banks and United Airlines. Market Snapshot By 10:15 GMT (06:15 ET), Dow Jones Futures were up 215 points (+0.5%) S&P …
Read More »Asian Stocks Rebound on Powell’s Dovish Remarks, but Trade Tensions Cap Gains
Asian markets bounced back on Wednesday, recovering from sharp losses earlier in the week as investors drew optimism from Federal Reserve Chair Jerome Powell’s dovish comments suggesting more potential rate cuts ahead. However, gains were tempered by persistent concerns over renewed U.S.-China trade tensions and signs of ongoing economic weakness …
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