News

The yield on UK 5-year government bonds rose 14 basis points to 4.94% on the day, on track for its biggest one-day gain since July 8.

U.S. EIA natural gas storage for the week ending September 4 was 40 billion cubic feet, compared to an expected 31 billion cubic feet and a previous reading of 30 billion cubic feet.

House Democrats sent a letter to U.S. auto safety regulators demanding measures be taken to address the misuse of Tesla's Autopilot and FSD features, citing videos of drivers sleeping while driving.

The market fully expects the European Central Bank to raise interest rates three more times by mid-2027.

The White House announced that it will issue $500 refunds to nearly one million Americans for their Obamacare benefits.

U.S. existing home sales in August totaled 3.98 million units at an annualized rate, a new high since 2015.

US existing home sales fell 2% month-over-month in August, compared with a previous reading of -1.70%.

U.S. wholesale sales rose 0.8% month-on-month in July, revised from -3.00% to -2.9% in the previous month.

U.S. existing home sales in August totaled 3.98 million units at an annualized rate, in line with expectations and down from 4.06 million units in the previous month.

The U.S. July wholesale sales month-on-month rate and August existing home sales annualized total will be released in ten minutes.

The U.S. Geological Survey reported a 5.1-magnitude earthquake 162 kilometers south of Merizzo village, Guam.

The European Central Bank's forecasts assume oil prices of $89.5 per barrel in 2026, $78 per barrel in 2027, and $73.6 per barrel in 2028.

Apple (AAPL.O) rose more than 1%.

European Central Bank President Lagarde ends the press conference.

ECB Governing Council member Nagel: Eurosceptic parties will discourage investors from investing in Germany.

ECB Governing Council member Nagel: Concerned about the rise of right-wing parties.

European Central Bank President Christine Lagarde: If the energy shock lasts longer than expected, we will see a second wave of impacts, which will affect food prices.

European Central Bank President Christine Lagarde: Interest rate hikes are prudent in all three scenarios.

The Dow Jones Industrial Average opened down 236.14 points, or 0.45%, at 52,144.52 on Thursday, September 10; the Nasdaq Composite Index opened down 232.08 points, or 0.88%, at 26,021.26; and the S&P 500 Index opened down 44.43 points, or 0.58%, at 7,592.06.

[US Stocks Open Lower as Fed Rate Hike Expectations Rise] US stocks opened lower, with the Dow Jones Industrial Average down 0.17%, the S&P 500 down 0.53%, and the Nasdaq Composite down 0.93%. Chip stocks collectively weakened, with SK Hynix (SKHY.O) down 4.1%, Intel (INTC.O) down 3%, SanDisk (SNDK.O) down 3.2%, and TSMC (TSM.N) down 1.7% after earnings release.