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Asian stocks today: Markets trade mixed following Wall Street's rally; Nikkei down over 1000 points, Kospi adds 0.2%
The Times Of India· 2025-10-14 04:44
Market Overview - Japan's Nikkei index fell by 2.2% or 1061 points to 47,027 after a national holiday [2][4] - The Hang Seng index in Hong Kong decreased by 0.1% to 25,839, while Shanghai's Composite index increased by 0.2% to 3,897.56 [2][4] - South Korea's Kospi index saw a slight increase of 0.02% to 3,585 [2][4] U.S.-China Relations - President Trump reassured that the U.S. wants to help China, stating that Xi Jinping "doesn't want Depression for his country" [2][4] - Trump's comments followed a turbulent week for markets, including his criticism of China and threats of higher tariffs [2][4] - Despite tough rhetoric, Trump indicated a potential meeting with Xi Jinping later this month, leaving trade talks uncertain [2][4] Stock Performance - Broadcom experienced a significant gain of 9.9% after announcing a partnership with OpenAI to develop AI accelerators for ChatGPT [3][4] - Fastenal reported a 7.5% drop, marking the largest loss in the S&P 500 due to slightly weaker-than-expected quarterly profits [3][4] - Investors are focusing on the upcoming earnings season, with major companies like JPMorgan Chase, Johnson & Johnson, and United Airlines set to report [3][4] Commodities and Currency - U.S. crude oil prices increased by 20 cents to $59.69 per barrel, while Brent crude rose by 21 cents to $63.53 per barrel [3][4] - In currency markets, the dollar fell to 152.13 Japanese yen from 152.29 yen, while the euro strengthened to $1.1581 from $1.1569 [3][4]
CPI inflation may remain at 2.2% in FY26, below RBI's forecast of 2.6%: SBI Research
BusinessLine· 2025-10-14 04:34
India's Consumer Price Index (CPI) inflation for FY26 is expected to remain at 2.2 per cent, much lower than the Reserve Bank of India's (RBI) forecast of 2.6 per cent, according to a report by the State Bank of India (SBI). The report highlighted that the sharp moderation in inflation has been mainly driven by a decline in food and beverage prices.It stated, "We expect average CPI inflation for FY26 to be now at 2.2 per cent, much lower than 2.6 per cent RBI forecast." According to the report, India's CPI ...
CNBC Daily Open: There's a hopeful mood in the Middle East and the markets
CNBC· 2025-10-14 01:24
Group 1 - U.S. President Donald Trump declared the end of the war in the Middle East, describing it as a "long and painful nightmare" for both Israelis and Palestinians [2] - Markets reacted positively to Trump's statements, with major U.S. stock indexes rebounding, particularly in the technology sector [4] - Quantum computing stocks surged after JPMorgan Chase announced a $10 billion investment in sectors deemed crucial to national interests [4] Group 2 - Broadcom's stock increased nearly 10% following the announcement of a partnership with OpenAI to develop custom chips [5] - The relationship between OpenAI and Nvidia, which provides the chips for OpenAI's products, raises questions about competitive positioning in the tech sector [5]
Markets Rebound Nicely Ahead of Q3 Earnings Season
ZACKS· 2025-10-13 23:06
Market Performance - The Dow gained 587 points (+1.29%), the S&P 500 added 102 points (+1.56%), the Nasdaq rose 490 points (+2.21%), and the Russell 2000 increased by 66 points (+2.79%) following a significant sell-off on Friday [1] AI and Quantum Computing Stocks - Investors looking for entry points into AI and Big Tech drove quantum computing stocks higher, with Rigetti (RGTI) up 25% and D-Wave (QBTS) up 23% [2] - Shares of U.S. Antimony (UAMY) and Critical Metals (CRML) surged by 36.8% and 55.4%, respectively, due to ongoing discussions about rare earth minerals [2] Broadcom and OpenAI Partnership - Broadcom (AVGO) entered a deal with OpenAI to produce approximately 10 gigawatts of custom chips valued at around $10 billion, resulting in a 9.9% increase in Broadcom's shares [3] Upcoming Earnings Reports - Major banks are set to report Q3 earnings, with JPMorgan expected to see a 10.5% growth in earnings and 5.2% in revenues, Citigroup anticipated to post 21.2% earnings growth and 3.7% revenue growth, and Wells Fargo projecting 2% earnings growth and 4% revenue growth [4] - Goldman Sachs (GS) and BlackRock (BLK) will also release their quarterly earnings reports, along with Johnson & Johnson (JNJ) and Domino's Pizza (DPZ) [5]
ASX Market Open: Tariffs one day, ‘TACO’ the next, and stocks run back in the green | Oct 14
The Market Online· 2025-10-13 21:29
Join our daily newsletter At The Bell to receive exclusive market insightsASX today – This whole “Trump Always Chickens Out” business is starting to play like a really broken record, with the U.S. President stepping back his mighty tariffs warnings from the weekend at nearly the first opportunity.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.With Trump suggesting his criticism of China may have ‘gone a ...
Here’s the Beginner’s Credit Mistake That Could Haunt You for Years
Yahoo Finance· 2025-10-13 20:44
Many Americans start their credit journey with no credit history, which can feel intimidating and confusing. About 7 million U.S. adults — roughly 2.7% of the population — were considered “credit invisible” in 2020, according to a Consumer Financial Protection Bureau technical update released in June 2025 — meaning they don’t have enough history to generate a credit score. This can keep them from making necessary financial moves, from taking out loans to buying a car. Learn More: The One Dangerous Habit Ke ...
Dollar Gains as China Trade Tensions Ease
Yahoo Finance· 2025-10-13 19:28
The dollar index (DXY00) on Monday rose by +0.27%.  The dollar moved higher on Monday after the Trump administration signaled an openness to a trade deal with China, dampening trade tensions. However, Monday's sharp rebound in stocks limited demand for the dollar in terms of liquidity.  Also, dovish comments from Philadelphia Fed President Anna Paulson were bearish for the dollar when she said she favors two more quarter-point interest rate cuts this year. The ongoing shutdown of the US government is bear ...
Bailey warns the world about risk of market crash
Yahoo Finance· 2025-10-13 18:54
Kristalina Georgieva, the head of the IMF, has warned that world economic growth is slow and the risk of a financial downturn is high.Mark Hackett, at US insurer Nationwide, said: “Investors remain eager for exposure, and if this recovery holds, it will reinforce the idea that retail investors can’t be easily shaken and another reminder that buying the dip continues to work.”Wall Street heads towards its close strongly up, with the S&P 500 up 1,4pc, the Nasdaq up 2.1pc and the Dow Jones up 1.2pc.Stock marke ...
Wall Street Rallies as Easing Trade Tensions Spark Broad Market Rebound
Stock Market News· 2025-10-13 18:07
U.S. equities staged a significant rebound on Monday, October 13, 2025, as Wall Street clawed back substantial losses from Friday's sharp sell-off. The positive shift in investor sentiment was largely driven by President Donald Trump's softened rhetoric regarding trade tensions with China over the weekend. Major market indexes surged in afternoon trading, with technology stocks leading the charge.Afternoon Trading Activity and Major Index PerformanceAs the afternoon session progressed, all three major U.S. ...
Here's Why Volatility ETFs Can Be Your Best Bet
ZACKS· 2025-10-13 17:21
Market Reaction to Trade War Concerns - The S&P 500 index fell by 2.9% following President Trump's warning of higher tariffs on Chinese goods, resulting in a market loss of $1.56 trillion in one session [1] - The CBOE Volatility Index (VIX) increased by 32%, reaching its highest level since June, indicating heightened market anxiety [1] Economic and Geopolitical Concerns - Investors are alarmed by overvalued U.S. asset prices, persistent economic concerns, and a complicated geopolitical environment, which contribute to fears of escalating trade conflicts and financial stability risks [2] - The Bank of England and the IMF have expressed concerns about a potential bubble in the AI sector, warning that a loss of momentum in the AI boom could negatively impact global markets [3] Market Outlook and Predictions - Goldman Sachs CEO David Solomon predicts a potential pullback in stock markets over the next one to two years, following record highs driven by AI enthusiasm [4] - JPMorgan Chase CEO Jamie Dimon has warned of an elevated risk of a significant U.S. stock market correction within the next six months to two years, citing geopolitical tensions and rising government debt as contributing factors [5] - G20's Financial Stability Board Chair Andrew Bailey noted that soaring global asset prices leave markets vulnerable to a crash amid ongoing economic and geopolitical uncertainties [6] Investment Strategies - Increasing exposure to volatility ETFs may be a strategic move for investors, as these funds have historically provided short-term gains during market turmoil [7] - For investors with a long-term perspective, reassessing volatility exposure through volatility-focused funds is advisable in the current economic climate [8] Volatility ETFs Overview - iPath Series B S&P 500 VIX Short-Term Futures ETN aims to track the performance of the S&P 500 VIX Short-Term Futures Index, charging an annual fee of 0.89% [10] - ProShares VIX Short-Term Futures ETF seeks to track the S&P 500 VIX Short-Term Futures Index, with an annual fee of 0.85% [11] - ProShares VIX Mid-Term Futures ETF targets the S&P 500 VIX Mid-Term Futures Index, also charging an annual fee of 0.85% [12]