• AXP
• US500

HSBC and BTIG cut American Express rating on valuation, slowing fundamentals

American Express stock downgraded by HSBC and BTIG due to valuation concerns, citing strong performance yet challenging revenue growth targets and high price multiples.

• DJI
• NDX
• US500
• VIX

Fed's Williams signals support for quarter-point interest rate cuts

A Federal Reserve official expresses confidence about a soft landing for the U.S. economy, hinting at gradual rate cuts after a strong September jobs report.

• NDX
• US500

Keep positioning for rate cuts despite US resilience, UBS says

UBS advises investors to prepare for rate cuts despite a strong US economy, predicting gradual easing as inflation cools; emphasizes growth stocks, especially AI-linked, for long-term returns.

• IYR
• NDX
• SPY
• US500
• XLI
• XLU
• XLV
• XLY

BofA clients fuel modest inflows; Tech sees largest outflow since August

Bank of America reports modest equity purchases, with clients focusing on single stocks and ETFs amid tax-loss selling season. Corporate buybacks remain high despite varied sector performances.

• FTXIN9
• HK50
• NDX
• STOXX50
• US2000
• US500

China bullish flows continue, US sentiment improves after jobs report: Citi

FTSE China A50 index sees bullish positioning, while US markets experience mixed sentiments. Investors remain selective in European exposures amid stalled momentum.

• FTXIN9
• HK50
• NDX
• STOXX50
• US2000
• US500

China bullish flows continue, US sentiment improves after jobs report: Citi

Citigroup reports bullish positioning shifts in FTSE China A50 and mixed signals in US and European markets, highlighting increased investor exposure and potential volatility risks.

• 1YMZ24
• AAPL
• AMZN
• DJI
• ESZ24
• GOOGL
• IXIC
• NQZ24
• US500

US stock futures muted as rate uncertainty builds; inflation awaited

U.S. stock index futures remain steady amid speculation over Federal Reserve rate cuts, following a strong payroll report. Wall Street faced declines amid geopolitical tensions and tech sell-offs.

• 1YMZ24
• CL
• DJI
• ESZ24
• IXIC
• LCO
• NQZ24
• US10YT=X
• US500

Stock Market Today: S&P 500 rides Nvidia-led tech surge to close higher

The S&P 500 rose sharply, led by Nvidia, as earnings season began. Fed officials discussed potential rate cuts amidst mixed economic signals.

• JP225
• US500
• USD/JPY

Morning Bid: US rates back up, stocks back down

Fed policy shifts and China's aggressive stimulus shape market outlook; Asian shares rise amid yen weakness and U.S. economic resilience.

• AMZN
• APD
• BA
• CAT
• CL
• DIS
• DJI
• DX
• GC
• GNRC
• IBM
• IXIC
• LCO
• SNAL
• SRRK
• TRV
• TRVN
• US500
• USD/JPY
• VIX
• VTNR

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.94%