An AI-stock rally powered the Nasdaq to a record close Monday, as investors looked to Big Tech’s third-quarter earnings this month. SpaceX, Nvidia, Meta, and Microsoft all gained, suggesting a kind of “inverse bond trade,” an investor told CNBC: “It’s buy tech, sell everything else.” Demand for compute is strong ...
Day: October 6, 2026
US, EU monitoring reports of suspected pneumonic plague in RussiaUS, EU monitoring reports of suspected pneumonic plague in Russia
US and EU officials said on Monday they were closely monitoring a suspected case of pneumonic plague in Russia that killed a lab worker in a Siberian research institute, prompting authorities there to quarantine dozens of people. “We don’t have a lot of intel,” one US health official told The ...
Takaichi tells Japanese investors to ‘rest assured’ amid fiscal worriesTakaichi tells Japanese investors to ‘rest assured’ amid fiscal worries
Japanese Prime Minister Sanae Takaichi told investors to “rest assured” Monday after the country’s 30-year bond yield jumped to an all-time high on concerns over her government’s stimulus plans, though analysts cautioned that a change in rhetoric didn’t equal a change in policy. Despite being “peppered with remarks aimed at… ...
Trump to sign executive order in effort to contain diesel pricesTrump to sign executive order in effort to contain diesel prices
US President Donald Trump is preparing to issue an executive order expanding access to tax-exempt diesel, as he faces mounting pressure to ease near-record fuel prices with less than a month remaining before midterm elections. “Refiners and fuel sellers are likely to absorb almost all of the added benefit,” a ...