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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
| Title | Published |
|---|---|
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 |
Market sees Fed hike in October, following Barr comments, hot inflation reading
Market sees Fed hike in October, following Barr comments, hot inflation reading
Stocks making the biggest moves midday: McDonald's, Cracker Barrel & more
Stocks making the biggest moves midday: McDonald's, Cracker Barrel & more
History rhymes for Meta, and our plan for Micron ahead of earnings
History rhymes for Meta, and our plan for Micron ahead of earnings
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
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
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
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