Dow Jones Top Markets Headlines at 9 am ET: U.S. Economy Picked up Speed, with GDP Growth at 3.4% in Third Quarter | PCE ...

Dow Jones10-29 21:00

U.S. Economy Picked Up Speed, With GDP Growth at 3.4% in Third Quarter

Economists surveyed by The Wall Street Journal had expected GDP growth of 3.1% for the July to September period.

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PCE Inflation Accelerated Last Month

The inflation metric targeted by the Federal Reserve sped up in September, showing why elevated price increases hang over the central bank's next moves.

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Christine Lagarde to Resign Early as ECB President

Europe's largest countries are already jockeying over who will succeed Lagarde-and inherit responsibility for an economy facing mounting problems.

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AI Stocks Fall After Alphabet Earnings Disappoint

Tech stocks slid across the globe after earnings from Google and Samsung reignited investor worries about how companies can make money from AI.

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Oil Is Gushing Out of the Gulf. Why Are Prices Still Above $100 a Barrel?

Stubbornly high prices at the pump offered little hope for drivers looking for some relief.

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Eurozone Economic Sentiment Fell Again in October

The conflict in the Middle East continued to keep energy prices elevated, putting further pressure on consumers and businesses.

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ECB Set to Follow the Fed as French Bonds Panic Outweighs Inflation Fears

The European Central Bank is likely to follow its U.S. peer, even though higher energy costs are a worry for policymakers.

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U.S. Treasury, European Bond Yields Fall After Fed Decision, Ahead of ECB Meeting

Government bond yields fell on both sides of the Atlantic in European morning trade as focus shifted to the European Central Bank's meeting.

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Irish Economy Surges Again in Boost to Eurozone

The growth is pushing hopes for a continued expansion across the eurozone as a whole, despite higher energy costs.

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Oil Prices Fall as Traders Weigh U.S.-Iran Diplomacy

U.S. Vice President JD Vance sent a letter to the secretary of Iran's Supreme National Security Council, in an effort to revive peace negotiations, The Wall Street Journal reported.

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The Fed's AI Puzzle: Will High Rates Slow the Boom?

Chairman Kevin Warsh said higher rates are reaching the investment surge and growth is broadening beyond it. The positions cut in opposite directions for where to set rates.

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RBA's Blunt Messaging Raises Questions About Peak in Rates

Financial markets in Australia are all but certain that the RBA will raise interest rates for a fifth time this year at its policy meeting next week.

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See the Trump Administration Stock Portfolio That Spans More Than 40 Companies

A $30 billion spending spree is slated to give the government stakes in chip firms, miners and more.

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Tech Giants Ramp Up Resistance to ICE in Bid to Avoid Democratic Scrutiny

Google, Meta and other tech firms are pushing back against broad ICE demands for user data as the federal agency scours platforms for immigration speech.

 

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