BREAKING: 🇺🇸 The odds of 3 rate cuts in 2025 has reached 85% on polymarket https://t.co/AGqbfB6UPs ...

>> FROM NEW YORK CITY FOR OUR VIEWERS WORLDWIDE, BLOOMBERG REAL YIELD STARTS RIGHT NOW. SCARLET: COMING UP, THE LONG-AWAITED AND LONG DELAYED TO SEPTEMBER CPI REPORT WAS BENIGN, SHOWING INFLATION AT THE SLOWEST PACE IN THREE MONTHS. OFFERING A PATH FOR THE FEDERAL RESERVE TO CUT INTEREST RATES BEYOND NEXT WEEK'S MEETINGS.SOME OF THE BIGGEST VOICES ON THE STREET WEIGHING IN ON POSSIBLE CRACKS IN THE CREDIT MARKET. WE BEGIN WITH A BIG ISSUE, A SOFTER THAN EXPECTED CPI PRINT. >> IT IS GENERALLY A BETTER-THAN-E ...

Market Performance - The Dow Jones Industrial Average surged over 500 points, closing at 47,249.67, marking a new record [12] - The S&P 500 rose 67 points to finish at 6,805.71, achieving its first-ever close above 6,800 [12] - The Nasdaq Composite climbed 294 points, reaching 23,236.55, primarily driven by technology stocks [12] Inflation and Economic Indicators - The Consumer Price Index (CPI) for September showed a 3.0% year-over-year increase, slightly below the expected 3.1%, indicating easing inflation pressures [2][15] - The stable housing costs contributed to keeping the overall inflation figure manageable, which calmed fears of runaway inflation [20] - The market interpreted the CPI data as a potential signal for the Federal Reserve to pause or cut interest rates, which could stimulate economic growth [16][19] Sector Performance - Technology and semiconductor stocks led the rally, with significant gains from companies like AMD (up 6.7%) and Micron (up 5%) [21] - Energy stocks also rallied, driven by a more than 5% spike in oil prices, lifting major companies like ExxonMobil and Chevron by 2.5% to 3.5% [13] - Other sectors such as industrials, healthcare, and consumer discretionary contributed to the broad market rally, reflecting overall market confidence [6][11] Investor Sentiment - The strong performance across multiple industries signals growing market stability and confidence in the current economic environment [6][11] - Investors are encouraged by the gains, viewing them as a positive signal for portfolio growth and potential investment opportunities [8] - Despite the strong gains, analysts advise caution due to upcoming earnings reports and economic indicators that could create short-term volatility [7][24]

Economic Overview - Major averages are reaching record highs due to cooler than expected inflation data [1] - The inflation print came in lower than anticipated, primarily driven by a decline in the shelter category [3][4] - The Federal Reserve's current path is unlikely to change, as there is no immediate reason to deviate from it [6] Labor Market Insights - The labor market presents a mixed picture, with job growth appearing slightly better but indicators of labor market tightness declining [5][10] - There is a notable disparity between labor market indicators and GDP growth, leading to debates about economic direction [7][8] - Job growth has slowed significantly, influenced by lower immigration and an aging population, which may lead to increased unemployment rates [9][10] Productivity and Technology Impact - Productivity growth is better in the current cycle compared to the last, with GDP growth around 2% expected [9] - The integration of AI in the workforce is leading to job shedding outside of healthcare, raising concerns about future job growth [16][17] - Historical trends show that technological advancements can lead to faster job transitions and temporary downward pressure on inflation [17]

Macro Outlook - Goldman Sachs' chief U.S economist David Mericle discusses macro outlooks [1] Economic Analysis - The discussion takes place on CNBC's 'Squawk on the Street' [1]

Welcome to Yahoo Finance's flagship show, The Morning Brief. I'm Julie Hyman. Let's get to the three things you need to know today.First up, US stock futures shooting higher on the heels of the consumer price index report. The S&P 500 set to open at a new all-time high. This coming after the September consumer inflation report showed prices rose 3% from a year ago.Economists had expected them to rise 3.1%. The market is now baking in another rate cut from the Federal Reserve. Well, they already were.Now the ...

RT Bloomberg Opinion (@opinion)@JonathanJLevin @AllisonSchrager @RenMacLLC Underlying US inflation rose by less than expected in September, keeping the Fed on course to lower interest rates next week.Tune in for live analysis 🎥https://t.co/jBWVO733A4 ...

Underlying US inflation rose by less than expected in September, keeping the Federal Reserve on course to lower interest rates next week https://t.co/gB74zgdRFT ...

Yen & Bond Market Dynamics - The yen's safe-haven status is under threat as it weakens [1] - Political uncertainty, economic concerns, and slow interest rate hikes by the Bank of Japan are driving the yen's decline [2] - Increased volatility in Japan's markets presents new opportunities for profit [5] Widowmaker Trade - The "widowmaker trade" (selling Japanese government bonds) is becoming more profitable [1][2] - This trade involves borrowing and selling bonds, betting that yields will increase [3] - Rising interest rates and expectations of increased government spending by the new prime minister are driving bond traders' bets [4] Economic Shift - Japan's economy is shifting from a rut to a state of inflation and growth [4][5] - Fiscal and monetary policy decisions are now major market movers [5]

Now, Drew Mattis, chief market strategist at Metife Investment Management. You know, Drew, I have to start this off by by reminding viewers that I do cover the retail sector. And so, I think about the consumer an awful lot.And I have been really surprised pleasantly on how well the consumer has held up. I'll even go back five years, 2020. If you would have told me that we would have seen retail spending the way that we have over the last 5 years, knowing what happened in the broader world, I would have neve ...