We recently published 10 Hot Stocks Sparking Buying Frenzy. SoFi Technologies Inc. (NASDAQ:SOFI) is one of the best performers on Tuesday. SoFi Technologies grew its share prices for a second day on Tuesday, jumping 6.75 percent to close at $28.14 apiece as investors took early positions in lenders that would benefit from an expected interest rate cut. The US central bank is set to convene for the next Federal Open Market Committee meeting in the end of the month, and investors are already betting big on ...

This wasn’t going to be one of those eventful weeks for economic data anyway. Aside from a delayed Trade Deficit and sure-to-be-postponed Weekly Jobless Claims and Inventories numbers later in the coming days, the federal government shutdown which began last week hasn’t impeded much data so far, at least for this week.Expected later today are the prepared minutes from the Federal Open Market Committee (FOMC) meeting in mid-September. In its policy statement, the Fed agreed to lower the Fed funds rate 25 bas ...

Market Sentiment - The CNN Money Fear and Greed index declined to a reading of 52.7, moving into the "Neutral" zone from a previous reading of 56.7 [6] - U.S. stocks closed lower, with the Nasdaq Composite dropping over 150 points and the S&P 500 ending a seven-day winning streak [1][4] Company Performance - Oracle Corp. shares fell by 2.5% due to reported financial struggles related to renting Nvidia chips [2] - Advanced Micro Devices Inc. saw a continued rally, increasing by 3.8% after a significant 23.7% surge following a deal with OpenAI, with price targets raised by Bank of America and Goldman Sachs to $250 and $210 respectively [2] Economic Indicators - Despite the U.S. government shutdown causing a blackout in economic data, market expectations remain high for a 25-basis-point interest rate cut at the Federal Reserve's meeting on October 30, with a 95% probability priced in [3] Sector Performance - Most sectors in the S&P 500 closed negatively, with industrials, consumer discretionary, and communication services experiencing the largest losses, while consumer staples and utilities stocks performed better, closing higher [4]

The Reserve Bank of New Zealand (RBNZ) building in Wellington, New Zealand, on Wednesday, Feb. 22, 2023.New Zealand's central bank on Wednesday cut benchmark interest rates by 50 basis points to 2.5%, bringing the policy rate to its lowest level since July 2022 as growth worries loom.The cut to the overnight cash rate was larger than the 25 basis points expected by economists polled by Reuters.In its statement, the Reserve Bank of New Zealand said inflation was likely to return to its 2% target by the first ...

U.S. stock futures rose on Monday following Friday’s mixed moves. Futures of major benchmark indices were higher.The federal government shutdown will continue into this week after a Senate procedural vote failed again on Friday. The measure did not secure the 60 votes needed to advance, with only 54 senators voting in favor. Meanwhile, Bitcoin (CRYPTO: BTC) broke $125,000 per coin mark to set a new all-time high, with trading volume more than doubling in the last 24 hours to a whopping $76 billion. The 10-y ...

Japan’s Nikkei stock index has jumped nearly 5% after its ruling party chose an ultra-conservative as its leader and likely first woman prime ministerPeople stand in front of an electronic stock board showing Japan's Nikkei index at a securities firm Monday, Oct. 6, 2025, in Tokyo. (AP Photo/Eugene Hoshiko)Japan’s Nikkei stock index jumped nearly 5% on Monday and the yen weakened after its ruling party chose an ultra-conservative as its leader and likely first woman prime minister. Other Asian markets also ...

Group 1 - The Federal Reserve has cut the federal funds rate to a range of 4%-4.25%, with expectations for further cuts potentially lowering the rate to 3.25%-3.50% by 2026 [1] - The easing cycle initiated by the Federal Reserve is expected to benefit borrowers, while savers and lenders may face challenges in generating high returns [1] - High-yield savings accounts are still offering attractive rates, with some online banks providing yields of up to 5% as of October 2 [3] Group 2 - Certificates of deposit (CDs) offer fixed rates for those willing to lock in their cash, with the highest available CD rate at 4.45% for an eight-month term from LendingClub [5] - Longer-term CDs are also available with rates just over 4%, which may be suitable for those anticipating aggressive rate cuts in the next two years [5]

Market Overview - The U.S. stock market achieved new record highs on October 3, 2025, despite a government shutdown, driven by optimism around AI advancements and expectations for interest rate cuts by the Federal Reserve [1][4] - The Dow Jones Industrial Average (DJIA) closed at an all-time high of 46,238 points, up 0.5% [2] - The S&P 500 (SPX) also reached a record high of 6,823, increasing by 0.4% [2] - The Nasdaq Composite (IXIC) had a mixed performance, with reports indicating a slight increase of 0.1% to 16,215, while other analyses suggested a 0.3% decline [3] Individual Stock Movements - Palantir Technologies (PLTR) shares fell 7.5% due to reports of security vulnerabilities in a new system for the U.S. Army [5] - Humana (HUM) shares surged nearly 11% after reaffirming its outlook, positively impacting other health insurers like Centene (CNC) and Cigna (CI), which rose 5.1% and 4.7% respectively [6] - Applied Materials (AMAT) shares dropped 3% after projecting a $110 million revenue hit due to new export restrictions [7] - Exxon Mobil (XOM) shares increased by 1.6% as crude oil prices recovered [7] - Advanced Micro Devices (AMD) and Nucor Corporation (NUE) saw gains of 3.5% and 2.7% respectively, contributing to the Dow's performance [8] Upcoming Events and Economic Outlook - The Federal Reserve's FOMC meeting on October 28-29, 2025, is anticipated to influence market direction, with expectations for another interest rate cut [11] - The third-quarter 2025 earnings season will begin in the second week of October, with JPMorgan Chase (JPM) and Wells Fargo (WFC) among the first to report [12] - The ISM Services PMI for September showed stagnation at 50.0, down from 52.0 in August, with the government shutdown delaying other key economic indicators [13]

By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin (BTC) may be entering a decisive phase as macro and crypto-specific forces converge. With the U.S. government shutdown and traditional market indicators like employment reports delayed, traders are leaning into alternative assets, especially bitcoin and gold. BTC climbed to $120,000 after rallying 9% this week, while gold rose 2.9% to touch $3,900. The shutdown has furloughed over 90% of SEC staff and left the CFTC with a skeleto ...

The dollar index (DXY00) recovered from early losses on Thursday and finished up by +0.11%.  Hawkish Fed comments on Thursday sparked short covering in the dollar after Dallas Fed President Lorie Logan and Chicago Fed President Austan Goolsbee said the Fed should be wary about additional interest rate cuts. The dollar initially moved lower on Thursday as the US government shutdown entered its second day. Also, signs of weakness in the US labor market are bolstering the outlook for the Fed to cut interes ...