News

S&P Dow Jones Indices: Twilio, a component of the S&P MidCap 400, will replace Warner Bros. Discovery Inc. (WBD.O) in the S&P 500; meanwhile, Vylor has already been added to the S&P 500.

The U.S. Navy awarded Raytheon a $24.4 billion multi-year production contract for the Standard Missile-6.

Foreign central banks held $15.101 billion in U.S. Treasury securities in the week ending September 25, compared with $11.37 billion in the previous week.

US Treasury Secretary Bessant: Iran did not load crude oil onto tankers in September, and the Trump administration is cutting off the Iranian regime's main source of revenue.

US President Trump: The Iran issue will be resolved soon, however it may be.

When asked whether Iran was involved in the British military bases, Trump replied, "It looks like it."

US President Trump: Oil prices will fall.

US President Trump: May ask European countries to release diesel stockpiles.

Federal Reserve's Williams: Artificial intelligence is impacting supply in ways we don't yet fully understand.

Bank of Canada Senior Deputy Governor Jim Rogers: Increasing regulation is dragging down the Canadian economy. We need to consider streamlining Canadian regulations.

The Dow Jones Industrial Average rose 20.75 points, or 0.04%, to close at 50,926.80 on Thursday, October 1st; the S&P 500 rose 15.12 points, or 0.20%, to close at 7,666.66; and the Nasdaq Composite rose 10.53 points, or 0.04%, to close at 26,871.60.

Federal Reserve Governor Cook: I do not believe that private lending has had a significant impact on financial stability.

The Investment Company Institute (ICI) reported that total assets in money market funds fell by $45.45 billion to $7.89 trillion in the week ending September 30.

Musk: We've halved the RAM in Tesla's (TSLA.O) AI5 chip (currently 72GB LP5) and reduced the RAM in the AI6 chip by a third (currently 144GB LP6).

Federal Reserve Governor Bowman: There is no need for further interest rate adjustments this year.

Federal Reserve Governor Cook: Artificial intelligence is causing localized inflation.

U.S. Trade Representative Greer: We have held technical talks with the Canadian side, but there are still some outstanding issues that are difficult to resolve.

Federal Reserve Governor Cook: Be cautious about the potential for artificial intelligence to trigger a major restructuring of how we work.

U.S. Trade Representative Greer: France, Germany, and Italy are holding diesel reserves, and increasing market supply is part of their collaborative approach.

U.S. Trade Representative Greer: Discussions with European countries show a strong willingness to cooperate on diesel supply.