Oh yeah. Okay. No payroll.And therefore, let's just move past that. And and so if you think about the broadening of the market, I I I would argue industrials have led the S&P all year. Utilities have been a kind of a go-go area to be.Um but the the the pharma small caps this week was great. People are looking for rotation. They are looking for opportunities to not be tied to what feels like a frothy trade.But I'm going to get back to I I think outside of pharma, the big event for me this week were that semi ...

Quantum Computing Sector - Quantum computing stocks experienced significant gains, with Regetti Computing's orders totaling €5.7 million for two systems and a €300 million investment from the Danish government and Nova Nordisk in a quantum venture fund, leading to over 20% increases in shares of Regetti Computing, D-Wave Quantum, and Quantum Computing [2] - Regetti's stock has more than doubled since the beginning of the year, while D-Wave Quantum's stock has tripled, and Aritic Quantum surged approximately 36% this week [3] Federal Reserve Insights - Chicago Fed President Austin Goulsby expressed caution regarding premature rate cuts, indicating concerns about inflation and describing the Fed's current position as "sticky" [4] - Fed Vice Chair Philip Jefferson highlighted uncertainty in the baseline outlook for rate cuts due to changing government policies and their effects on employment and inflation [4] Technology Sector Performance - The technology sector saw a mixed performance, with a notable chip rally contributing to all-time highs in markets across Asia, including South Korea, Japan, and Taiwan [6] - Despite some declines in tech stocks, the S&P 500 achieved its 31st record high for 2025, indicating overall positive momentum in the sector [7] Oil Market Dynamics - Oil prices fell to $60 per barrel, marking the worst week since June, influenced by expectations of increased production from OPEC+ and declining summer demand [8] Upcoming Market Events - The Fed minutes are anticipated to provide deeper insights into individual voter positions ahead of the FOMC meeting, which may face challenges due to limited data for rate-cutting decisions [10] - The OpenAI developer conference is expected to be a significant catalyst for the AI sector, following a global chip rally and recent partnerships announced by OpenAI [11][12]

Group 1 - The recent strategic partnership between Vertiv, Hitachi, and OpenAI is expected to bolster investment in data centers, indicating a strong growth trajectory for Vertiv's stock, which saw a 16.6% increase in the past week [2][3]. - The partnership with Hitachi, despite being a competitor, enhances the case for AI-driven data center spending, suggesting that this sector is in the early stages of a multi-year expansion, which will positively impact revenue for infrastructure solution providers like Vertiv [4]. - Vertiv has consistently raised its full-year revenue outlook through 2025, with Wall Street projecting earnings growth of 34% in 2025 and 25% in 2026, positioning the company well to benefit from the ongoing AI and data center spending boom [5]. Group 2 - The announcement of a new strategic partnership in the data center sector confirms that the trend of increased spending on AI and data centers is likely to continue, making Vertiv's infrastructure solutions well-positioned to capitalize on this growth [6].

The S&P 500 rose 0.2% and is on track for its seventh winning week in nine, while the Dow Jones Industrial Average gained 167 points, or 0.4%, and the Nasdaq composite added 0.2%, AP reported. All three indexes came off all-time highs set the previous day.Trading may see increased volatility later in the session as reports on the US services sector are released. Treasury yields in the bond market were largely steady ahead of the data.Normally, the first Friday of the month draws attention to the US governme ...

Hello and welcome to Morning Brief Market Sunrise. I'm Raman Karamali live from Yahoo Finance Studios in London. It's Friday 3rd October.Coming up on the show, Wall Street hits record highs even as the government shutdown drags on. AI tie-ups involving Open AI and Nvidia fuel investor enthusiasm. and I'll tell you all about something called the debasement trade.So, grab your coffee and let's own the morning. Well, the first thing you need to know about is that Wall Street hit record highs on Thursday and th ...

Economic Outlook - Chicago Fed President Austan Goolsbee indicated that the labor market remains stable, suggesting solid economic growth [1] - Dallas Fed President Lorie Logan expressed caution regarding further rate cuts, emphasizing the need to ensure inflation returns to the Fed's 2% target [1] Employment Data - Challenger, Gray & Christmas reported that companies announced plans to add 117,313 jobs in September, a 71% decrease from the previous year, marking the weakest September for hiring intentions since 2011 [2] - Revelio Labs data showed an employment increase of approximately 60,000 in September, indicating an improvement from the previous month [2] Stock Market Performance - Wall Street's major indices closed higher, with the S&P 500 and Nasdaq 100 reaching new record highs [3] - Fair Isaac (FICO) saw a significant increase of over 17% after launching new pricing models for credit report providers [3] - Chip stocks rose due to AI optimism, with Intel (INTC) and Advanced Micro Devices (AMD) both increasing by more than 3% [3] - Celanese (CE) gained about 7% following a stock upgrade by Citi [3] - Occidental Petroleum (OXY) fell over 7% after agreeing to sell its chemical division for $9.7 billion [3] AI Sector Developments - Optimism surrounding AI is overshadowing concerns about the U.S. government shutdown, with significant partnerships being formed, such as Hitachi's collaboration with OpenAI [4] - Global Infrastructure Partners is reportedly in advanced talks to acquire Aligned Data Centers, a potential beneficiary of the AI spending boom [4] Futures and Economic Indicators - December Nasdaq 100 E-Mini futures are trending up by 0.31% due to positive sentiment from AI deals [5] - U.S. rate futures indicate a 97.8% probability of a 25 basis point rate cut at the upcoming monetary policy meeting [5] International Market Insights - The Euro Stoxx 50 Index rose by 0.20%, with mining and bank stocks leading the gains [8] - Japan's Nikkei 225 Index closed up 1.85%, driven by enthusiasm over AI and a weaker yen [12] - A private survey indicated solid gains in Japan's services sector activity, contrasting with a contraction in factory activity [12]

Paul, we have to start with the geopolitics here because there's a lot of them, as we were just speaking to Peter about. Does the shutdown risk Trump all of that pun not intended. I don't think it matters really very much at all from what we're seeing so far, Kristie.If you look at global equity markets, they just continue that much higher. It's really all about this air and air enthusiasm. And we're feeling that particularly strongly in Asia this week.We've had some Oatman from open air kind of moving arou ...

NEW YORK (AP) — Most U.S. stocks ticked higher on Friday, sending Wall Street to more records. The S&P 500 edged up by less than 0.1% to close out its seventh winning week in the last nine, and the Dow Jones Industrial Average climbed 238 points, or 0.5%. Both added to their all-time highs set the day before. The Nasdaq composite lost an early gain and slipped 0.3% from its own record. Usually, the first Friday of each month has Wall Street transfixed on the monthly jobs update that the U.S. government p ...

Japan’s Nikkei jumped 721 points or 1.6% reaching 45,675. Kospi also traded 2.7% higher, gaining 93 points to 3,549.Shanghai and Shenzhen also added 0.5% and 0.3% respectively.HSI, on the other hand, was down 0.87% or 237 points to reach 27,049 at 10:00 AM IST.This year’s global market rally has been driven largely by companies investing billions in artificial intelligence, as traders rush to get a piece of the action.The surge has pushed valuations of some of the world’s biggest firms to eye-watering level ...

HONG KONG: Tech stocks propelled Tokyo’s Nikkei higher on Friday as most Asian markets advanced amid optimism about US interest rate cuts. Investors maintained positive sentiment heading into the weekend despite ongoing concerns about a partial US government shutdown. Global market rallies this year have been primarily driven by massive corporate investments in artificial intelligence technologies. Traders continue chasing AI-related opportunities, pushing some major company valuations to unprecedented leve ...