Stocks climb as 10-year yield sets a new high near 5.3%
The S&P 500 gained 0.66% on Monday while the 10-year Treasury yield reached about 5.3%, a 52-week high. Weak payrolls trimmed Fed hike bets, and bitcoin barely moved overnight.
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48 articles in this category
CFTC opens crypto rulemaking as bitcoin slips 1% to $85.6k
The CFTC launched an advance notice of proposed rulemaking on crypto exchanges, while US stocks were mixed under 5.25% Treasury yields and bitcoin drifted lower through the US session.
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Nvidia lifts Nasdaq to a record; bitcoin fades to $85.8k
Wall Street ended the week higher on soft jobs data and Nvidia-led tech gains. Bitcoin slipped 0.9% from the 00:00 UTC open on Monday after a spike toward $87k.
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Payrolls miss lifts stocks, but bitcoin sells the spike
A weak September jobs report pared Fed hike bets and lifted US stocks, while Europe fell on bond-yield worries. Bitcoin spiked on the data, then gave it all back.
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Bitcoin squeezes past $86k as September payrolls loom
Bitcoin jumped in the 04:00 UTC hour on short covering and lower yields. The September jobs report, due at 08:30 ET, is the day's swing factor.
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Hot ISM prices gauge stalls rally; bitcoin gains 1.4% to $84.8k
Wall Street edged higher on the first session of October as the 10-year yield eased to about 5.24%, though a hot ISM prices-paid reading kept inflation worries alive. Bitcoin climbed 1.4% from the 00:00 UTC open.
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Dow ends September down 4.9% as 10-year yield hits 5.29%
Wall Street ended September with the Dow down 4.9% on the month as Treasury yields kept climbing despite a cooler PCE print. Bitcoin is up 0.9% since the 00:00 UTC open.
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Cooler PCE trims October hike odds; bitcoin tags $85.6k, then fades
A softer-than-expected PCE reading pushed October hike odds down to about 35%, but bitcoin sold the news: a spike to $85,650 at the 12:00 UTC hour had faded to $83.9k by the evening.
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Brent slips 2% as PCE looms with an October hike at 73%
Oil eased and US stocks recovered from their lows on Tuesday, but the day's setup is August PCE inflation, with markets pricing a 73% chance of an October Fed hike.
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Markets pause after Monday's slide as jobs and PCE data loom
No new shock overnight: attention turns to JOLTS, consumer confidence and Wednesday's PCE inflation print, with rate-hike odds for the Fed's October 28 meeting near 72%.
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Yields hit fresh 5.26% high, gold sinks 3.8% as stocks slide
Treasury yields pushed to a fresh 5.26% close and gold suffered its sharpest drop in weeks, sinking 3.8% to about $4,123, as oil-driven risk-off pulled US and European stocks lower Monday.
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Trump rejects Iran's Hormuz plan; oil back above $105, crypto slides
Oil reversed Friday's easing after President Trump said he rejected Iran's latest proposal to reopen the Strait of Hormuz, while crypto majors slid broadly overnight and dogecoin underperformed.
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Stocks end flat as oil eases; altcoins outrun a stalling bitcoin
A choppy Friday session ended close to unchanged on both sides of the Atlantic as oil pared back its overnight spike and Treasury yields notched a fresh multi-decade high. The day's more interesting divergence was inside crypto: Solana, XRP and dogecoin rallied while bitcoin drifted, giving back an early morning high.
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Houthi strike jolts oil to $108 as yields punch to 5.225%
Oil spiked to $108 after a Houthi missile strike on Saudi Arabia before Iran's UN signal on Hormuz pared the move, while the 10-year Treasury yield pushed on to a fresh 5.225% overnight record.
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Hormuz talks and a China truce pull stocks off the lows at 5.12% yields
The 10-year Treasury yield pushed to its highest since 2007, but reports of Hormuz reopening talks and a two-month US-China trade truce extension pulled stocks and bitcoin off their session lows.
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Xi lands in Washington as Wall Street's yield selloff runs into day two
Xi Jinping arrived in Washington for his first US state visit in over a decade, setting up Thursday's Trump-Xi summit, as Wall Street closed lower for a second straight session on surging Treasury yields.
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19-year-high yields snap the rally; bitcoin, ether slide with stocks
A hot US PMI reading and hawkish comments from Fed Governor Michael Barr sent the 10-year Treasury yield to its highest level since 2007, lifting October rate-hike odds above 70% and dragging equities and crypto lower in tandem.
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Meta's Muse AI agent hits banks and travel stocks as Nasdaq tops 27,000
Meta's new Muse AI agent added roughly $192 billion in market value and dragged the Nasdaq to a record close, but its promise of disrupting 'consumer inertia' businesses hit banks, insurers and travel stocks. Xi Jinping lands in Washington today ahead of Thursday's summit with Trump.
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Oil whipsaws on Trump's UN remarks; bitcoin round-trips to flat
Oil swung nearly $3 a barrel intraday after President Trump told the UN he expects a deal with Iran once November's midterms are over, dragging US and European equities along for the ride. Bitcoin fell overnight before clawing back almost all of the loss by the US close.
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Bitcoin cools to $85,500 as futures firm before the Trump-Xi summit
Bitcoin eased back from its overnight eight-month high to $85,533 early Tuesday as US equity futures firmed and European markets slipped, with Wall Street looking past a hawkish Fed toward Thursday's Trump-Xi summit.
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AMD tops $1 trillion as bitcoin hits an 8-month high near $86,000
Chip stocks and bitcoin rallied together Monday as markets leaned into Thursday's Trump-Xi summit and oil eased for a fourth straight session. AMD crossed a $1 trillion market cap and bitcoin touched an eight-month high near $86,000, even as European indices fell.
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Futures firm as markets look past the Fed to the Trump-Xi summit
US equity futures firmed Monday as investors looked past last week's Fed-hike hangover toward Thursday's Trump-Xi summit in Washington, while a weekend Houthi attack on Saudi Arabia kept Middle East oil-supply risk in view.
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Bitcoin clears $80,000 as CFTC sends crypto rules to the White House
Bitcoin's biggest single-day pop of the week came in one hour at the US cash-equity open, after the CFTC sent two proposed crypto-market rules to the White House. Wall Street was mixed and Europe closed lower on quadruple witching.
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Bitcoin tops $77,500 as Wall Street eyes Friday's index rebalance
Crypto's rebound stretched into a third session, with bitcoin near $77,500 and Solana up nearly 4%, as US futures firmed ahead of Friday's quarterly index rebalance.
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S&P 500 closes at 7,596 as chip stocks jump 3% on Fed dust settling
Equities extended their post-Fed-hike recovery through the full Thursday session, with chipmakers up 3% and Treasury yields easing off a 2007 high. Crypto drifted higher in sympathy, led by Solana, while bitcoin held a steady range near $76,600.
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Futures and bitcoin firm up after the Fed's hawkish hangover
Wall Street futures and crypto both steadied Thursday morning after Wednesday's Fed-driven selloff, with bitcoin holding just above $76,000 and US index futures pointing to a modest bounce.
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Fed hikes for first time since 2023; Warsh's tone erases the pop
The Fed delivered its first rate hike since 2023, and risk assets briefly rallied on the widely-expected move — before Chair Kevin Warsh's hawkish press conference and an updated dot plot erased the gains.
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Crypto steadies near $76k as Warsh's first Fed decision looms
Crypto stabilized overnight after Tuesday's CLARITY Act-driven selloff, and Wall Street heads into Wednesday's FOMC decision — the first under new Fed Chair Kevin Warsh — with a 25-basis-point hike already priced in at roughly 91% odds.
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CLARITY Act fails in Senate; crypto reverses Monday's rally
A failed Senate cloture vote on the CLARITY Act erased Monday's regulatory-optimism rally, with XRP the hardest hit. Stocks, oil and gold all moved on the same oil-and-yields backdrop ahead of Wednesday's FOMC decision.
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Bitcoin erases Monday's rally as oil tops $108 and yields near 5%
Bitcoin fell back below $78,000 overnight as oil topped $108 a barrel and the 10-year Treasury yield briefly broke 5% for the first time since 2023, unwinding much of Monday's crypto rally ahead of a pivotal day for both Washington and the Fed.
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XRP jumps 10% as crypto decouples from a choppy Wall Street
XRP led a broad crypto rally on Senate CLARITY Act optimism, decoupling from a mixed Wall Street session weighed down by AI-slowdown jitters ahead of Wednesday's FOMC decision.
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AI labs' slowdown call rattles futures ahead of the Fed
Anthropic CEO Dario Amodei's call to slow frontier AI development, echoed by Sam Altman and Elon Musk, knocked futures and AI-linked Asian stocks on Monday, with Wall Street heading into a genuine coin-flip FOMC decision on Wednesday.
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Hot core CPI lifts hike odds to 90%; bitcoin's post-CPI spike fades
August's core CPI came in hotter than forecast, sending Fed rate-hike odds for next week's meeting to about 90%. Wall Street rallied anyway, snapping a four-day losing streak, while bitcoin spiked more than 4% on the release before fading back to a modest daily gain.
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Wall Street's fourth losing day gives way to a CPI test
Wall Street closed out a fourth consecutive losing session Thursday, and futures were only modestly firmer Friday morning as markets awaited the August CPI report — the last inflation print before the Fed's September 16 decision.
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Hot PPI lifts Fed hike odds to 70%; stocks and crypto slide
August PPI came in hotter than expected, pushing CME-tracked odds of a Fed hike next week to 70%. Stocks, European indices and crypto all fell in response, with bitcoin's sharpest drop landing in the hour the data hit.
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Gold tops $4,400 as Wall Street logs a third day of losses
Gold broke above $4,400 an ounce as the dollar softened, even as US equities notched a third consecutive losing session and Brent crude held near $101 on the ongoing Iran conflict.
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US sinks Iranian tankers; Brent tops $100 and stocks slide
Brent crude broke back above $100 a barrel after US forces sank four Iranian tankers in the Gulf of Oman, dragging Wall Street and European equities lower into Wednesday's close.
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Crypto ticks higher overnight as Wall Street nurses a 627-point Dow drop
Crypto majors drifted modestly higher overnight, a mild decoupling from equities after Tuesday's 627-point Dow slide on the Saudi oil-facility attacks. The week's real test — Thursday's PPI and Friday's CPI — sets the tone into next week's coin-flip FOMC.
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Houthi strikes on Saudi oil facilities push Brent near $100
A wave of Houthi drone and missile strikes on Saudi Arabia's southern oil region wounded 73 people and knocked out energy facilities, sending Brent toward $100 a barrel and pulling equities lower into Tuesday's close.
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Canada's $20bn tariffs bite as Wall Street returns from Labor Day
US markets reopened from the Labor Day break under fresh trade and geopolitical pressure: Canada's $20bn counter-tariffs on US goods took effect, oil stayed elevated after last week's Iran-US tanker strikes, and crypto traded a tight range ahead of Friday's CPI.
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Hot jobs print pushes hike odds to 60%; bitcoin gives back 1.8%
A much-stronger-than-expected August jobs report knocked stocks and crypto lower Friday, as traders raised the odds of a September Fed rate hike to roughly 60%.
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Stocks rally on Waller's dovish turn as bitcoin retakes $81k
Wall Street snapped a three-day losing streak as Fed Governor Waller struck a dovish note, easing Treasury yields even as Chair Kevin Warsh's hawkish Jackson Hole tone keeps September rate-hike odds near 60%. Bitcoin and ether both rallied more than 4% on the day.
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Iran strikes send oil to a 20-month high; Wall Street shrugs it off
Iran's overnight missile and drone strikes on US allies pushed oil to a 20-month high and Treasury yields to their highest since January 2025 — yet Wall Street closed higher, led by a blowout Snowflake quarter.
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Bond yields hit 2.5-year high as Iran war reignites Fed hike bets
A reignited Israel-Iran conflict and a hawkish repricing of the Fed's next move — traders now put ~66% odds on a hike, not a cut — sent Treasury yields to a 2.5-year high and pulled bitcoin and ether lower even as Wall Street closed higher.
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Iran strikes send oil, yields surging; Dow still adds 294 points
Fresh US strikes on Iranian targets and Iranian retaliation against Gulf neighbors and US bases pushed oil and bond yields to multi-year highs, even as US equities closed higher and crypto sold off.
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Hormuz strikes hit stocks; Fed hike odds jump to 60%
Overnight strikes between the US and Iran around the Strait of Hormuz sent US and European equities lower, while a hawkish Fed pivot pushed September rate-hike odds to about 60%.
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Hormuz tanker attacks send oil to $94, stocks and gold lower
Stocks, gold and crypto all fell as tanker attacks in the Strait of Hormuz pushed Brent crude toward $94 and hardened bets on a Fed rate hike this month.
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Iran strikes jolt oil and stocks as Fed hike odds pass 50%
Oil jumped and equities slipped as the US and Iran traded strikes near the Strait of Hormuz, while Fed Chair Kevin Warsh's hawkish Jackson Hole speech has markets pricing better-than-even odds of a September rate hike.
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