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Latest financial news from across the markets

Daily Market Overview

U.S. stocks are experiencing volatility as the 10-year Treasury yield reaches its highest level since 2007, contributing to a decline in major indices. Amidst this backdrop, IonQ shares surged following a breakthrough in quantum computing technology. In the restaurant sector, McDonald's CEO expressed expectations of continued high inflation and flat traffic, prompting the company to invest heavily in upgrades and training. Meanwhile, geopolitical tensions are influencing market sentiment, with Iran's president blaming the U.S. and Israel for global instability during a recent UN speech.

Latest Market Updates

Market sees Fed hike in October, following Barr comments, hot inflation reading

Market sees Fed hike in October, following Barr comments, hot inflation reading

less than a minute ago

Stocks making the biggest moves midday: McDonald's, Cracker Barrel & more

Stocks making the biggest moves midday: McDonald's, Cracker Barrel & more

less than a minute ago

History rhymes for Meta, and our plan for Micron ahead of earnings

History rhymes for Meta, and our plan for Micron ahead of earnings

less than a minute ago

Trump faces Xi as strains with allies complicate U.S. pressure on China

Trump faces Xi as strains with allies complicate U.S. pressure on China

less than a minute ago

McDonald's CEO expects high inflation, fewer diner visits are here to stay

McDonald's CEO expects high inflation, fewer diner visits are here to stay

less than a minute ago

New Social Security bill would lower retirement age to 60 for some workers

New Social Security bill would lower retirement age to 60 for some workers

13 minutes ago

Iran's president blames U.S., Israel for global instability in defiant UN speech

Iran's president blames U.S., Israel for global instability in defiant UN speech

33 minutes ago