Dow Jones: Strong Payrolls Send the Dow Lower Ahead of CPI and PPI
Hot payrolls pushed the Dow lower as rate-hike odds jumped. CPI and PPI now decide whether sellers return after Labor Day.
Market News
Munich Re: 'Hold' For Its 4.9% Dividend Yield
Munich Re remains a defensive income play, with the P&C reinsurance cycle soft and valuation appearing fair at ~2x book value. MURGY's strategy prioritizes underwriting profitability over volume, resulting in resilient earnings despite an 11.3% decline in P&C reinsurance revenue in H1 2026. Strong investment returns and disciplined underwriting drove a 23% YoY net income increase to €3.9B in H1 2026, supporting a robust 23% ROE.
Weekly Commentary: Unhinged Friday
Investment-grade CDS prices traded below 50 bps Friday, to within a few basis points of lows since February 2020. The VIX traded below 14 in Friday trading for the first time since December, ending the week just off two-year lows.
A Broadening Industrial Recovery Is Driving Better Results At Hurco
Hurco is emerging from a severe industry down-cycle, with shares up over 30% since the last update on improving sales, margins, and orders. Recent results show mixed signals: strong year-over-year order growth but sequential declines and regional variability, especially in Europe and Asia-Pacific. Gross margins improved to 27.9%, and operating profit returned after 11 quarters of losses, supported by better volumes, mix, and pricing.
Primary Markets Group August IPO Update
August's seven U.S. IPOs matched the prior month's deal count, while aggregate proceeds declined modestly. The month saw $1.8 billion in total proceeds compared to the $3.0 billion raised in July and the $2.9 billion raised across seven IPOs in August 2025. Issuance was dominated by the healthcare sector, which priced five deals and accounted for over $1.4 billion of the total proceeds raised.
September In Funland
Yields on the 10-year Treasury note have registered a percentage gain of around 23% from their lows just before the start of the war in the Middle East, at the end of February, to the present. After idling in neutral for much of the summer, share prices took off in August and have notched impressive gains for much of the first few days of September as well.
Court Filings In A.I. Suit Invoke Copyright Law, Culture and Sports
Filings made Friday in The New York Times's closely watched lawsuit against OpenAI and Microsoft included a range of copyright law and cultural references.
Review & Preview: Bracing for a Hike
Traders now see a three-in-five chance of a rate hike when the Federal Reserve meets in mid-September.
Self-Driving's Next Task: Potholes
Tesla's full self-driving AI has to conquer some prosaic challenges on the roads.
The 10-year Treasury rate likely going higher, says Bensignor Investment Strategies founder
Rick Bensignor, Bensignor Investment Strategies founder and managing partner, joins 'Closing Bell Overtime' to talk the technical trade around markets, bond yields, and commodities.
If midterms weren't on the horizon, the Fed would raise rates, says Wharton Professor Jeremy Siegel
Jeremy Siegel, Wharton School Professor of finance, joins 'Closing Bell' to talk what the August jobs report means for the FOMC's next rate hike decision.
Strong Jobs Report Revives Fed Rate-Hike Bets
The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Kayne Anderson Rudnick Portfolio Manager, Senior Research Analyst Julie Biel, KPMG Chief Economist Diane Swonk, Jefferies Tech Sector Leader, Software/Internet Research Brent Thill, Zscaler CEO Jay Chaudhury, Wealth Enhancement Group Senior Investment Strategist Ayako Yoshioka, The Points Guy Senior Newsletter Editor Becky Blaine, & SUNY Purchase President Michael Steiper.
August jobs numbers overstate economy's strength, says Moody's Mark Zandi
Mark Zandi, Chief Economist at Moody's Analytics, joins 'Fast Money' to weigh in on the August jobs report.
U.S. diesel prices hit record high
CNBC's Pippa Stevens joins 'Closing Bell Overtime' to talk rising oil prices.
Rates Climb, Stocks Dip After Strong U.S. Jobs Data
Stocks and bonds fell Friday on concerns that benchmark interest rates are headed higher.
'Hot' August CPI To Trigger More Aggressive Fed Tightening
The August CPI report is expected to show a rise in headline CPI to 3.6% due to energy costs, but this is not expected to affect the core CPI. The super-core PCE inflation at 3.9% signals persistent wage-driven and structural inflation pressures, which is supported by the strong August labor market report.
Dow closes 270 pts lower as strong jobs report lifts September Fed rate-hike bets
US stocks ended lower on Friday after stronger-than-expected August employment data increased expectations that the Federal Reserve could raise interest rates at its September meeting. The Dow Jones Industrial Average fell 0.5% or 279.20 points, while the S&P 500 declined 0.38% and the Nasdaq Composite lost 0.3%.
U.S. Stocks Fall as Robust August Jobs Data Spurs Yields, Rate-Hike Bets
U.S. stocks fell after surprisingly strong jobs data muddied the outlook for Federal Reserve policy.
High Gas Prices Are Hurting Impulse Snack Sales. 3 Companies Feeling the Pain.
Smucker's Sweet Baked Snacks sales fell 7% from a year earlier in the latest quarter.
Trump Says Rate Hike Won't Reassure Bond Market
President Donald Trump intensifies pressure on the Federal Reserve to lower interest rates, threatening to cut off trade with certain economies with which the US has a deficit. He speaks with reporters at the White House.
