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Stocks rebound as tech shrugs off the OpenAI scare; SpaceX's spectrum deal crushes telecoms while Humana soars on a Medicare ratings win.
The Nasdaq drops one and a quarter percent in its worst day since mid-August as an OpenAI revenue report hits the AI trade, while the Dow ekes out a gain and oil spikes on Iran tensions.
Stocks slip off Tuesday's records as the 10-year hits a 24-year high, a strong $39B auction saves the afternoon, and Caterpillar sinks on an FTC farm-equipment inquiry.
S&P 500 and Nasdaq hit records as the AI trade broadens to power companies, with utilities leading the market.
The Nasdaq hits a record close while the 10-year yields its highest since 2002, plus Brazil's election shock, a mega-cap vs chip divergence, and what's ahead in a light earnings week.
A soft September jobs report lifts stocks: the Nasdaq nears a record on an AI chip rip, memory stocks sink, and October Fed hike odds fade.
The 10-year yield reverses from a 24-year high, the S&P 500 snaps its losing streak, Accenture soars, and Nike guides down.
Quarter-end split: cooler PCE cuts October hike odds, Micron beats and raises, and the 10-year hits 5.29%, highest since 2002.
Stocks fall a second straight day as the 10-year Treasury hits its highest since 2002 and consumer confidence plunges to a 12-year low; PCE and Micron earnings set for tomorrow.
Red Monday: Trump rejects the Iran deal, Brent spikes, and the 10-year marks another 19-year high.
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