S&P 500 Hits Record as Labor Market Signals Cool
Initial claims fell, but continued claims rose, shaping 2026 Fed easing bets and mortgage rates.
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Fresh coverage on the economy, markets, and the forces moving money.
Mortgage Rates Ease to 6.18%, Buyers Gain Leverage
Freddie Mac shows 30-year rates steady near 6.2%, while rising inventory boosts buyer negotiations despite tight affordability.
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Q3 GDP Jumps 4.3% as Confidence Slips on Costs
Summer growth beat forecasts, but sticky essentials inflation and cooling job security are dragging sentiment.
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ServiceNow’s $7.75 Billion Armis Deal Signals AI Shift
As the White House pushes faster AI adoption, software spending pivots toward security, governance, and tighter controls.
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S&P 500 Hits Record as GDP Surprise Tests Cuts
AI megacaps powered a thin Santa rally as Q3 GDP beat trimmed near-term cut odds, while gold hit records.
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China Slaps Provisional Duties on EU Dairy Imports
Tariffs of 21.9% to 42.7% deepen the EV-linked trade spat, pressuring EU exporters and aiding Chinese producers.
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Big Tech and AI Bid Lifts S&P 500, VIX Falls
Stocks rose as semis and AI infrastructure rebounded, with broad sector gains and subdued volatility.
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Fed’s Miran Signals Cut Debate as Year-End Data Looms
Miran downplayed inflation distortions and urged further easing as markets watch delayed GDP and PCE prints.
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Thin Holiday Liquidity Puts AI Megacaps Back in Control
Futures ticked higher as cooler inflation revived 2026 easing bets, lifting tech while breadth stays fragile.
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