Yields Subside, Stocks Breathe Easier
Plus, Brent drops on Hormuz hopes and Microsoft leads the Dow
Market News
U.S. Stocks Rise To End Volatile Week
U.S. stocks recovered from a couple of down sessions as oil prices fell on hopes for progress toward an agreement between the U.S. and Iran to open the Strait of Hormuz.
Prime: A Buy Due To BLA Filing H1 '27 And Continued PM647 Advancement
Prime Medicine, Inc. maintains a Buy rating, supported by an advancing prime editing pipeline and multiple upcoming clinical catalysts. PM359 is positioned for a potential BLA submission for CGD in 1H 2027, leveraging RMAT and other regulatory designations. Initial clinical data from global phase 1/2 studies of PM577a [WD] and PM647 [AATD] are expected in 2027, targeting significant market opportunities.
Putting 'ECONOMIC SCREWS' to Iran indefinitely is 'taking shape': Jackie DeAngelis
'The Big Money Show' discusses oil prices, President Donald Trump's Iran strategy as well as the economic and geopolitical implications. 00:00 - U.S. and Iran Restart Negotiations at the UN 01:21 - Is Economic Pressure Breaking Iran?
Erste Bank plans offer to raise stake in Erste Bank Polska by up to 26%
Austria's Erste Group Bank said on Friday it plans to launch a tender offer to take an additional up to 26% stake in Erste Bank Polska , looking to deepen its exposure to the key Polish market.
Iran War Is Driving Up the Cost of Your Next Oil Change
Higher gas prices were just the warm-up act for drivers, repair shops and retailers like Walmart and Costco.
Trump, Xi wrap state visit centered on spectacle over substance. Here are the top takeaways
President Trump and leader Xi agreed to extend a trade truce that was due to expire in November and avoided agreement on addressing AI threats. Xi's visit to Washington spanned three days and was highly televised in China but not in the U.S. after Trump banned three news outlets from the White House last week and the broadcast press pool that would have covered the event lapsed.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Traders Bet On U.S. – Iran Negotiations
Recent reports showed that U.S. and Iran were working on a phased deal to reopen the Strait of Hormuz.
Jefferies: Private Credit Losses And Slow Trading May Hit Q3 Results
Jefferies Financial Group Inc. remains a Hold as private credit overhang and earnings volatility persist, despite shares trading at 1.4x tangible book value. JEF faces ongoing legal and credit risks from First Brands and Radiant World exposures, with $1.2 billion at risk and lawsuits likely to drag on. Asset management results are pressured, with Point Bonita winding down and management fees dropping sharply; investment banking remains a relative bright spot.
The market's new 'super-cycle' hedges for world whipsawed by supply shocks and inflation
Betting on rising oil prices has been a traditional way for investors to capitalize on supply shocks, and it has worked in 2026 as a market-beating strategy. But it is a volatile trade subject to swift shifts in geopolitics and any resolution to the U.S.-Iran war could quickly reverse gains, while bonds are not providing the portfolio hedge they once did either.
Rising yields remain in focus. Here's what they mean for your investments
The 'Halftime Report' Investment Committee breaks down its reaction to rising Treasurys and what it means for equities.
Saudi Arabia crude oil exports hit highest level since Iran war began despite pipeline outage
Saudi Arabia is exporting 6 million barrels per day of crude oil in September, which is equivalent to the kingdom's monthly average of 2025, according to Kpler. The Saudis have managed to ramp up exports even after they closed the critical East-West oil pipeline due to damage it sustained in a drone attack.
Lifetime Brands Is Finally Looking Ready For An Upgrade
Lifetime Brands is upgraded to a soft ‘buy' as revenue and profitability improve, despite some one-time benefits. Core US revenue grew 7.5%, driven by higher prices and strong Home Solutions sales, while international growth remained solid except in the UK. Profitability metrics surged due to a $40.1M tariff refund, but underlying EBITDA remains flat year over year when adjusted.
Trump says Scott Bessent won't be AI czar
President Donald Trump said Treasury Secretary Scott Bessent will not be his artificial intelligence czar. Trump's announcement came after Semafor and Reuters reported he was considering Bessent for the post.
Unions at Chile's Escondida mine reject bid to pause contract talks after worker's death
Unions at Chile's Escondida copper mine, the world's largest, pushed back on Friday after management sought to pause contract talks with unionized supervisors and staff following a fatal accident earlier this week.
Dow, Nasdaq Wrap Up Another Busy September Week
It was a tale of two indexes this week on Wall Street.
Two More Interest Rate Hikes "Very Likely" for 2026, Earnings Boost Investor Confidence
Collin Martin (@CharlesSchwab) sees one more interest rate hike from the Fed with a second "very likely" before the end of 2026. He outlines his case for further hikes and offers a closer look into the "junk bond" market, which has seen more interest during the AI buildout.
First US trial against TikTok to open Monday
TikTok goes on trial Monday in Alabama, accused by the state of misleading parents about tools meant to shield children from harmful content. It is the first case against the platform to go before a U.S. jury.
Week Ahead for FX, Bonds: U.S. Jobs Data in Focus as Another Fed Rate Hike Looks Possible
Market participants will stay focused on the global bond selloff and fluctuations in energy prices as the Middle East conflict drives up economic costs across the region.
A Strong September Labor Market Report To Crush Stocks And Bonds
The September labor market report could be stronger than expected based on the soft data, the high-frequency data, and the alternative data. Thus, interest rates are likely to continue rising, which could trigger a correction in the stock market.
