Friday’s selloff in AI and chip stocks looked alarming, but the S&P 500 E-mini futures (ES) are telling a somewhat less frightening story. Following the October 16 close, my four-hour technical analysis still shows a decline within a broader trading range, rather than a confirmed major bearish trend reversal. The next important test is around
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investingLive Americas market news wrap: Nasdaq sinks and oil jumps !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} Source link
After opening marginally higher and moving further up fairly swiftly Friday morning, Canadian stocks slid gradually and slipped into negative territory, weighed down by losses in technology sector. Strong buying in energy and consumer staples sectors help limit market’s downside. Source link
The pressure is back on tech stocks today, led by CoreWeave once again. The market continues to smell a rat in the neocloud space and it’s being joined by some of the cybersecurity names and other AI winners. CoreWeave is at the center of the selloff, with its unsecured bonds yielding about 15%. Late yesterday,
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The broader macroeconomic environment is adding to these challenges. Higher-than-expected inflation in the United States has heightened concerns about further interest rate increases and, consequently, rising costs of raising capital. For a company that needs billions of additional dollars to expand its infrastructure, maintaining access to financing on acceptable terms is essential. Rising bond yields
Bitcoin is little changed on the day, and pushing against a key crossroad. What next? !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} Source link
Import and export prices in the U.S. both increased by far more than anticipated in the month of September, according to a report released by the Labor Department on Friday. Source link
The Dollar Extended Its Broad-Based Decline After Fed Chairman Warsh Disappointed Traders Hoping for a Hawkish Response to This Week’s Inflation Surprises What’s happening: The Dollar extended its broad-based decline on Friday as Federal Reserve Chairman Kevin Warsh offered no indication that another rate hike was becoming more urgent at the October 27–28 FOMC meeting,
2026.10.16 2026.10.16 GBP/USD: Elliott Wave Analysis and Forecast for 16.10.26–23.10.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Once the correction has been completed, consider short positions below the level of 1.3350 with a target of 1.2938–1.2745. A sell signal: the local correction ends and the price holds below 1.3350. Stop
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In contrast, from the start of October 2026 through Thursday, 15 October 2026, the DJIA reversed higher and recorded a gain of 2.46%, outperforming the tech-centric Nasdaq 100 (-1.86%) by 4.32 percentage points, heavily triggered by the weakness seen in the PHLX Semiconductor Index, which shed 9.73% amid fears of elevated AI optimism (see Fig.
European stock market open: Equities find some footing after a volatile week !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} Source link
The NZX 50 fell 79 points, or 0.6%, to close at 13,754 on Friday, reversing gains from the morning session and the previous two days. The decline was led by weakness in utilities, communication services, and real estate stocks. Sentiment was weighed down by fresh data showing food inflation rising to a three-month high, while
TL;DR: GBP/USD has rebounded sharply from 1.3135, but with EUR/GBP stalling near a key support level and GBP/CHF still stuck below 1.1105, the move looks more like a Dollar retreat than genuine Sterling strength—even as a November BoE rate hike stays firmly priced. Why This Matters GBP/USD has rebounded sharply from 1.3135, but the move
European stocks are seen opening broadly higher on Friday as a selloff in chip stocks eased and bond markets stabilized following a heavy sell-off earlier in the week, triggered by AI debt concerns. Source link
