Ben Carter is a staff writer at P&L, covering markets, dealmaking, and public companies. He previously worked in equity research, focusing on valuation, earnings, and IPOs.
Freddie Mac reported the average 30-year fixed rate fell to 6.01%, the lowest since September 2022, as mortgage applications rose 2.8% but pending sales slid 0.8%.
After the Supreme Court struck down his earlier tariffs, Trump signed an order for a new 10% global tariff under a different legal authority.
Trump said the shutdown cost “at least two points” off GDP and urged lower interest rates.
The Nasdaq.com analysis said the Shiller CAPE “declined for the first time” in nearly a year after rising above 40, a move it linked historically to market pullbacks.
Top miners cut capex from $145.7B in 2013 to $109.2B in 2023.
CFTC chair Michael Selig asserted federal jurisdiction over prediction platforms and challenged state gaming regulators.
ECB widens Eurep repo to let nearly all foreign central banks borrow euros with lines up to €50 billion each.
The BOJ raised its policy rate to 0.75% and the IMF said moving toward neutral by 2027 would help anchor expectations.
Tokyo's 30-year yield jumped more than 0.25 percentage point, reviving the "widow-maker" trade and prompting global outreach.
Core CPI eased to 2.5% and employers added 130,000 jobs in January. UK unemployment rose to 5.2% while wages grew 4.2%.
Meta's AI infrastructure deal lifted Nvidia to about $184.97 after hours. Investors rotated into hyperscalers and chipmakers while software stocks lagged.
Mike McGlone of Bloomberg Intelligence warned bitcoin could slide toward $10,000.
