Geopolitics

Meta raised AI-focused capital-spending guidance to $135 billion to $145 billion and fell about 7% after reporting negative free cash flow. The Nasdaq dropped 2.60% Thursday…

A reported drone strike hit Saudi Aramco’s Shaybah field and killed two people, while Finviz separately reported additional attacks on Saudi facilities. The United States…

Housing starts fell to 1.221 million, missing the 1.305 million consensus by 84,000. The prior starts reading was revised up to 1.288 million from 1.275 million, making…

WTI reached $110.48 a barrel, up 6.58%, while Brent rose 1.94% to $111.67. The 10-year Treasury yield held near 5.13%, despite the oil surge and stronger reported expectations…

Housing starts are due Tuesday, with a consensus of 1.305 million, up from 1.275 million previously. Netflix, Meta and Tesla are expected to report this week, following a…

Producer prices rose 1.3% in September, far above the 0.5% consensus, while core producer prices increased 0.7% versus 0.3% expected. Retail sales increased 0.8%, compared…

September core CPI rose 0.3%, above the 0.2% consensus, while headline CPI increased 0.6% as expected. The 10-year Treasury yield fell to about 5.11% overnight, after reaching…

September CPI is due at 8:30 a.m. ET, with headline inflation expected at 0.6% and core inflation at 0.2%. Existing-home sales rose 1.5% to 3.99 million, slightly above the…

Nasdaq 100 futures fell 0.74%, while Dow futures rose 0.61% and Russell 2000 futures gained 0.25%. Micron fell about 4% before the open, while Western Digital, Seagate and…

September CPI arrives Wednesday, with headline inflation expected at 0.6% and core inflation at 0.2%. Markets assign about an 86% probability to a December Fed increase, up…