Dow Jones Top Markets Headlines at 9 am ET: AI Selloff Deepens, Oil Jumps and Crypto Falls | Cryptocurrencies ...

Dow Jones10-30 21:00

AI Selloff Deepens, Oil Jumps and Crypto Falls

A selloff in AI stocks accelerated after a fresh batch of quarterly results, with investors seeking a safe place to park their cash, pushing Treasury yields to multiweek lows.

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Cryptocurrencies Pare Losses After $6.3 Billion Hack Spooks Markets

Bitcoin and Ethereum clawed back some ground after tumbling more than 3% each on news of the major breach at the world's biggest crypto exchange.

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Eurozone Economy Slows as French Debt Worries Mount

France's economy contracted in the third quarter of the year, deepening concerns over the government's debt load amid enduring political paralysis.

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U.S. Treasury Yields Fall; Eurozone Bond Yields Mixed After GDP Data

The move follows a week marked by interest-rate decisions from key central banks.

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BOE Survey Points to Faster Price Rises, But Slowing Wage Growth

Businesses expected the prices they charge to rise by 3.8% over the coming 12 months, an increase from the 3.7% expected in September.

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Oil Prices Rise After Hormuz Tanker Attack, Houthi Claims Stoke Supply Fears

A tanker transiting the Strait of Hormuz was attacked by a small boat with two explosive devices, the United Kingdom Maritime Trade Operations said Friday.

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Clues Point to Familiar Culprit in Massive Binance Crypto Heist: North Korea

The rogue country is behind the $6.3 billion theft, experts say, potentially cementing its status as the world's top crypto thief.

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Bank of Japan Declares Inflation Win, Clearing Way for Rate Hikes

Friday's hold was widely expected, giving more time for previous hikes, including one in September, to feed through to the economy.

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Ukraine Hits Russian Oil Refinery, Ending Pause and Defying Trump

The strike ends a two-week halt in refinery attacks that came amid pressure from the U.S. to halt such operations.

 

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