What an index, a sector or an asset class did, and why. The default for session coverage.
The FTSE 100 slipped alongside a broader tech selloff, while European equities traded sideways ahead of expected sanctions news.
The FTSE 100 and broader European equities moved lower or sideways as investors awaited an Iran sanctions decision alongside a tech-sector selloff.
RBC Capital, UBS and JPMorgan all started coverage of the sandwich chain with buy-equivalent ratings, citing its growth outlook.
RBC Capital, UBS and JPMorgan each initiated coverage of Jersey Mike's stock with positive ratings, pointing to the chain's growth prospects.
Dalio says investors should own 'a bit of Bitcoin' as a hedge against U.S. debt risk, even as he still favors gold as the bigger hedge.
Bitcoin held above $77,000 after a 21% weekly rally, as Treasury Secretary Bessent's $4 billion bond buyback failed to bring yields down.
TrendForce's forecast implies the memory chip boom that lifted Sandisk is decelerating sharply, not reversing.
TrendForce projects NAND flash memory prices will rise 10% to 15% this quarter, a sharp slowdown from the roughly 70% jump Sandisk rode over the prior period.
Crude fell about 1% ahead of a fresh round of US sanctions on Iran, but analysts say the diesel shortage driving refiners' margins has causes that will outlast the war.
Oil dropped roughly 1% ahead of announced US sanctions on Iran, even as reports say the diesel crunch behind refiners' fat margins predates the war and won't end with it.
The concentration comes as U.S. national debt crossed $40 trillion in August, intensifying scrutiny of Treasury market structure.
Academy Securities strategist Peter Tchir noted the Federal Reserve owns more than 50% of all Treasury bonds maturing 10 to 15 years from now, a concentration highlighted as U.S. debt passed the $40 trillion mark.
With Nvidia due to report and Jackson Hole on the calendar, rates and mega-cap tech risk are both back in focus for a market that has ridden the chip maker's results before.
Nvidia reports earnings Wednesday in what MarketWatch calls a test for a broad universe of companies tied to the AI theme, with bond yields also back in focus ahead of Jackson Hole.
Saudi Arabia's Tadawul All Share gained 1.13% at the close as crude prices rose on fears of new US sanctions against Iran, which Tehran says will fail.
Saudi Arabia's Tadawul All Share index closed up 1.13% as oil prices climbed on the prospect of new US sanctions on Iran.
The decline was described as occurring in bearish trade, with no single catalyst identified in wire reporting.
Cardano fell 10% in what Investing.com described as bearish trading conditions.
The long bond now out-yields dividend-paying equities by 2.2 percentage points, a gap not seen in nearly two decades.
The 30-year Treasury bond's yield now exceeds the average dividend stock yield by 2.2 percentage points, the widest such gap in 19 years.
Ross posted 10% comparable sales growth versus TJX's 4%, but investors sent the two off-price retailers' stocks in opposite directions after earnings a day apart.
Ross Stores grew comparable sales 10% in the quarter reported, more than double TJX's 4%, yet only one of the two stocks rose on the news.
Jamie Dimon's warning that margin debt is the highest it has ever been lands just as Treasury yields climb and stocks trade near record levels.
JPMorgan CEO Jamie Dimon warned that margin debt — money investors borrow to buy stocks — is at its highest level ever, a caution flag as Treasury yields rise and the S&P 500 trades near an all-time high.
A bank strategist says markets are pricing a Goldilocks outcome with little room for disappointment.
Deutsche Bank warned that current market pricing assumes a near-perfect, low-inflation, no-recession outcome, a caution echoed by a widely circulated Warren Buffett market comment.
Analysts are split on whether Nvidia's valuation is stretched or still cheap heading into its report.
Wall Street commentary ahead of Nvidia's upcoming earnings report is divided between arguments the stock is undervalued and warnings that the real test comes only after results land.
Three separate August flash surveys point to the same pattern: output accelerating while price pressures ease, a combination investors have been waiting for.
August flash PMI readings from the US, UK and eurozone all showed stronger output growth alongside cooler inflation signals, the closest thing to a synchronized soft-landing print investors have seen this year.
New US sanctions on Iran are expected soon, and tanker traffic through the Strait of Hormuz has slowed as both sides escalate rhetoric.
The US and Iran exchanged hostile warnings ahead of new sanctions, and oil flows through the Strait of Hormuz have stalled as a result.
A broad chip-sector pullback hit Micron hardest, but analysts covering the stock say the drop looks overdone.
Micron shares fell 7% in a sector-wide semiconductor sell-off, prompting analysts to debate whether the drop is a buying opportunity.
Two separate August PMI readings sent opposite signals on the health of the US economy in the same session.
The U.S. services PMI surged past both forecasts and its own prior reading, while the manufacturing PMI missed expectations and pointed to slower growth.
Thin weekend liquidity is amplifying price swings, with some analysts pointing to forced short liquidations as a bullish signal and others citing lingering macro risk.
Bitcoin is testing the $80,000 level heading into a low-liquidity weekend, with analysts split on whether the move marks a durable bottom.
The greenback weakened even as bond yields and oil held elevated, an unusual combination that points to doubts about US fiscal footing.
The dollar wobbled after investors balked at the US Treasury's efforts to shore up markets, even as Asian shares closed the week on a downbeat note.