The dollar weakened and Treasury yields dipped ahead a raft of US jobs data this week which could cement the view that the Federal Reserve will keep cutting interest rates this year. Bloomberg’s gauge of the greenback fell 0.2% on Monday, dropping for a second day. The looming risk of a US government shutdown also weighed on sentiment, given that a temporary stop to government services would delay economic data releases including non-farm payrolls due on Friday, raising uncertainties around the outlook fo ...

Key TakeawaysU.S. mortgage rates experienced their largest weekly drop in over a year, falling to 6.35% from 6.50%, signaling potential relief for homebuyers amid expectations of Federal Reserve rate cuts.The U.S. collected a record $30 billion in customs duties in August 2025, more than four times higher than a year earlier, contributing to over $183 billion in tariff revenue for the year.Apple (AAPL) has delayed the launch of its new iPhone Air in mainland China due to regulatory hurdles concerning its ex ...

Core Insights - Rocket Lab's stock is experiencing significant gains, with an increase of 8.6% in trading, reaching an all-time high and up approximately 66% year to date [1][2] - Citi has issued a bullish report, maintaining a buy rating and raising the one-year price target from $33 to $50 per share [4] - The aerospace and defense sector is showing strong sales momentum, with Rocket Lab expected to benefit from this trend [5] Company Performance - Rocket Lab's market capitalization is around $19.5 billion, trading at approximately 34 times this year's expected sales [7] - The company is seeing strong demand for commercial satellite launches, particularly in telecommunications and imaging [6] - There is potential for further upside in Rocket Lab's stock, with Citi's new price target suggesting an additional 18% increase [5] Industry Trends - The space industry is experiencing significant growth, contributing to Rocket Lab's valuation increase [6] - Investors are optimistic about potential interest rate cuts from the Federal Reserve, which may positively impact Rocket Lab's stock performance [5]

On today's episode of Catalysts, host Madison Mills speaks with Yahoo Finance Senior Washington Correspondent Jennifer Schonberger on Treasury Secretary Scott Bessent's upcoming testimony and President Trump's latest comments on a China trade deal. Bob Lang, Explosive Options technical analyst, joins the show to explain how cooling inflation could open the door to Federal Reserve interest rate cuts. Yahoo Finance Markets and Data Editor Jared Blikre analyzes ARK Innovation ETF's Tesla-driven moves ahead of ...