Dow Jones Top Markets Headlines at 7 PM ET: the Week the Cracks in the AI Trade Grew Deeper | Fed ...

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The Week the Cracks in the AI Trade Grew Deeper

Intel suffered worst-ever daily decline as investors' anxieties hit new highs.

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Fed Officials Signal More Interest-Rate Increases Ahead, and Markets Believe It

One Fed president would like to see two more quarter-percentage-point rate increases in the near future.

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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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Fitch Lowers France's Outlook to Negative From Stable

Fitch said the negative outlook reflects a deterioration since its August review, and cited weaker growth, higher borrowing costs and a wider deficit.

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Oil Prices Rise as Middle East, Ukraine-Russia Conflict Fuel Supply Worries

Oil prices rose with the market on edge about possible military escalation in the Middle East, while an attack on a tanker in the Strait of Hormuz, Houthi claims of more attacks on Saudi refineries and a Ukrainian strike on a Russian refinery fed supply concerns.

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Global Bond Yields Fall Sharply in October Amid Flight to Safety

Global bond yields were poised to end October sharply lower as a flight to safety revived demand for government debt, even as markets braced for higher short-term borrowing from the U.S. Treasury.

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Canada Deems Vancouver Port Expansion a National Priority in Bid to Diversify Trade

Canada argues that the proposed expansion at the nation's busiest port is necessary for the country to meet its goal of doubling non-U.S. exports by 2035.

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Canada GDP Seen Dipping After Two Flat Months

Canada's economy cooled in the latest quarter after activity unexpectedly stalled two months running and early data points to a slight contraction in September.

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Eurozone Economy Slows as French Debt Worries Mount

The economy slowed in the face of high energy prices, while France's economy contracted-deepening concerns over the government's debt load amid political paralysis.

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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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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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Ukraine Hits Russian Oil Refinery, Ending Pause and Defying Trump

The first strike on a Russian oil refinery in two weeks comes after Russian attacks killed 27 civilians on Thursday.

 

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