Global markets ended the week higher, with Wall Street shrugging off the U.S. government shutdown and the S&P 500 breaking past 6,700 for the first time.Despite the political gridlock, equities extended a five-month winning streak, rising roughly 3.5% on the week and over 14% year-to-date. Yet beneath the bullish surface, the currency markets told a more cautious story, shaped by missing economic data, policy uncertainty, and diverging central bank signals.The dollar recorded its worst week since July, slip ...

Tokyo stocks surged more than four percent to a record high Monday and the yen sank on bets that the new leader of Japan's ruling party will embark on a new era of loose monetary policy to kickstart the country's economy.News of the victory for Sanae Takaichi -- who is expected to become prime minister this month -- fanned a fresh wave of optimism on Japanese trading floors as she has previously backed aggressive monetary easing and expanded government spending.But the rally in Tokyo was not matched in the ...

Corporate America is set to start disclosing results next week and expectations are sky-high. The S&P 500 Index is trading at 23 times expected earnings, on par with the dot-com levels, so stocks are vulnerable to any disappointment in quarterly results. Meanwhile, investors are flying "nearly blind" with respect to key economic data as the impasse on federal funding in Washington has delayed reports, JonesTrading said.The shutdown is a "sentiment downer for investors," said Marshall Front, senior managing ...

Core Viewpoint - Gold prices are on an upward trajectory, with expectations of breaching $4,000 per ounce by early 2026, driven by factors such as government uncertainty, a weaker U.S. dollar, and anticipated interest rate cuts [1][2]. Group 1: Market Performance - Gold has achieved its seventh consecutive week of gains, reaching an all-time high of $3,880.8 per ounce, marking a yearly increase of over 47% [2]. - Inflows into gold exchange-traded funds (ETFs) this year are the highest since 2020, indicating strong investor interest [7]. Group 2: Economic Influences - The Federal Reserve is expected to cut interest rates in October and December, which could support gold prices by reducing the opportunity cost of holding non-yielding assets [4]. - The U.S. dollar is experiencing a significant decline, projected to have its worst annual drop since the 1970s, further supporting gold's appeal [4]. Group 3: Investment Trends - The SPDR Gold Trust ETF, the largest ETF backed by physical gold, has seen consistent weekly inflows, reflecting strong demand [8]. - Notable performers in the gold investment space include ProShares Ultra Gold and DB Gold Double Long ETNs, both of which have increased by over 90% this year [9].

Core Viewpoint - Traders are highly confident that the central bank will implement a rate cut in October [1] Group 1 - The expectation of a rate cut indicates a shift in monetary policy aimed at stimulating economic growth [1] - Market participants are closely monitoring economic indicators that may influence the central bank's decision [1]

Core Insights - The U.S. industrial sector is facing challenges due to changing consumer and business spending, inflation expectations, and new trade tariffs, but opportunities exist for investors with the right positioning [2] Group 1: Chemours Co. (CC) - Chemours is not typically viewed as a consumer play, but its chemicals are essential in automotive and housing paints, which could benefit from recent Federal Reserve interest rate cuts [3][4] - The stock is currently priced at $16.11 with a 52-week range of $9.13 to $22.38 and a dividend yield of 2.17% [3] - Analysts have set a price target of $21 per share, indicating a potential upside of 36% from the current price [5] Group 2: Dow Inc. (DOW) - Dow's stock is currently at $23.84, with a 52-week range of $20.40 to $55.63 and a dividend yield of 5.87% [8] - Lower interest rates are expected to stimulate new business activity, leading to increased demand for restocking inventories, particularly in packaging materials [8][9] - The current consensus price target for Dow is $30 per share, suggesting a potential upside of 30.2% from its current trading price [10] Group 3: Nucor Corp. (NUE) - Nucor, the largest U.S. steelmaker, is well-positioned to benefit from rebounds in both residential and industrial construction due to infrastructure spending [12] - The stock is currently priced at $137.98, with a 52-week range of $97.59 to $170.52 and a dividend yield of 1.59% [11] - Nucor reported an EPS of $2.60 for the recent quarter, exceeding the consensus estimate, and is expected to see cost reductions while prices rise due to increased demand [14]

After moving mostly higher over the past few sessions, stocks saw further upside in early trading on Friday but gave back ground over the course of the day. The major averages pulled back well off their highs of the session before eventually closing mixed.While the tech-heavy Nasdaq fell 63.54 points or 0.3 percent to 22,780.51, the S&P 500 crept up 0.44 points or less than a tenth of a percent to 6,715.79 and the Dow climbed 238.56 points or 0.5 percent to 46,758.28.Despite the mixed performance on the da ...

So, how should you position right now. We have with us Joseph Tannius, the chief investment strategist at Northern Trust Asset Management, which has more than $1 trillion in assets under management. Joe, thank you very much for being here with us.You heard Emily's report on what's happening with regard to the continuing resol getting getting something done to keep the government going. You heard the stuff out of the White House with regard to OM and cutting funding for certain types of projects in certain l ...

U.S. stock market surged to record highs on Friday. The Dow rose 366 points to 46,238, the S&P 500 gained 0.4% to 6,823, and the The gains put the indexes on track for a positive week. The S&P 500 and Dow are up more than 1% week to date. The Nasdaq has risen nearly 2%, and the Russell 2000 is up 2.4%. Investors remain confident that the government shutdown, now in its third day, will be short-lived. Historically, shutdowns have not significantly affected market momentum. The shutdown has paused economic r ...

Extending the upward trend seen over the past several sessions, stocks have moved mostly higher during trading on Friday. The major averages are moving to the upside for the sixth consecutive session and have reached new record intraday highs.Currently, the Dow is up 369.12 points or 0.8 percent at 46,888.84 and the S&P 500 is up 27.83 points or 0.4 percent at 6,743.18. The tech-heavy Nasdaq briefly dipped into negative territory in early trading but is also currently up 46.63 points or 0.2 percent at 22,8 ...