S&P 500, Nasdaq Continue Record Streaks
The S&P 500 and Nasdaq Composite notched record closings for the sixth session in a row. The Dow slipped slightly lower.
Fed Chair Powell Seen Visiting White House on Thursday
The visit comes as President Biden weighs whether to offer Jerome Powell a second term as central-bank chief.
OPEC, Russia Stick to Gradual Oil Production Boost
The producers agreed to keep to their gradual, monthly increase in oil output, according to people familiar with their discussions, rejecting U.S. pressure to boost production faster and ease prices.
U.K. Rate-Decision Surprise Ripples Across Global Bond Markets
The Bank of England holds fire on an interest-rate move, triggering the biggest U.K. bond-yield drop in years.
RBA Flags Inflation Risks From Congested Global Supply Chains
The Reserve Bank of Australia confirmed its updated forecast for annual underlying inflation rate of 2.25% at the end of 2022, but cautioned that the impact of supply constraints was hard to predict.
Unemployment Claims Extend Drop
Worker filings for initial unemployment benefits, a proxy for layoffs, fell to 269,000 last week and the four-week average held well below a recent peak.
U.S. Trade Deficit Hits Fresh Record on Goods Demand, Higher Inflation
The U.S. trade deficit widened in September to a record $80.9 billion, driven by climbing demand for capital goods like computers and electric equipment and industrial supplies.
COP26 Deals Aim to Limit Coal, Oil and Natural-Gas Development
As governments push for a U.N. deal to cut emissions, some have sought out like-minded partners for smaller agreements.
Eric Adams Says Pay Me in Bitcoin
Next New York City mayor wants his first three paychecks in the form of the cryptocurrency.
What Could Nudge Gold Prices Higher
Gold is poised to post its first yearly loss since 2018, but investors still look at it as a haven asset.
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