S&P 500 Snapshot: Stocks Edge Lower for 2nd Straight Week
The S&P 500 wrapped up the week with a fractional loss of nearly 1%, ending lower for a second straight week. Key Takeaways The S&P 500 ended fractionally lower for the week, down 0.08%.
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The S&P 500 wrapped up the week with a fractional loss of nearly 1%, ending lower for a second straight week. Key Takeaways The S&P 500 ended fractionally lower for the week, down 0.08%.
California Governor Gavin Newsom signed legislation allowing the immediate sale of a higher-ethanol fuel blend in the state, as it seeks to rein in skyrocketing costs at the pump in the country's largest auto market.
Calumet is expanding SAF production from more than 60M gallons annually to around 200M gallons by the end of 2028, improving product mix and pricing realization. Premium SAF pricing, tight base-oil supply, and elevated diesel crack spreads support Calumet's specialty-products and Montana Renewables earnings outlook. Montana Renewables expects $50M of incremental adjusted EBITDA in H2 FY26 by extending conventional refining operations before further SAF conversion.
At nearly USD 29 trillion outstanding, China has become the world's second-largest bond market, making it increasingly important for global fixed income investors. Reforms such as Bond Connect and CIBM Direct have significantly improved market access.
New York-listed fashion e-retailer REVOLVE said it would partner with Donatella Versace to provide the former chief creative director of the Versace brand "an entirely new platform and the freedom to build something from the ground up".
The national average of diesel prices hit $6.50 per gallon as conflict in the Middle East and strikes on Russian energy infrastructure contribute to the increase. Yahoo Finance's Julie Hyman, Breaking Business News Reporter Jake Conley, and Senior Autos Reporter Pras Subramanian talk about how high diesel prices could start to influence the Federal Reserve's decisions and consumers' choices, and how this plays into the 2026 midterm elections.
Goolsbee says he's watching both the details and the overall rate of inflation to guide monetary policy.
US equities, in particular, are now reasonably priced after months of earnings growth outpacing price appreciation, compressing forward P/E to 19.1x. Despite macro headwinds (high oil, inflation, and rising rates) SP500 valuations are back below their 5-year average, with robust earnings revisions and double-digit growth expected.
Beyond warm meetings between their leaders, the countries are engaging in tit-for-tat measures that call into question the stability of their arrangement.
The Czech government will reintroduce caps on retailers' fuel margins and cut the diesel tax for the month of October, as conflict in the Middle East pressures energy markets, the Finance Ministry said on Monday.
U.S. natural gas futures fell as weather-driven demand is set to ease with a cooling of temperatures.
Grayscale Bitcoin Mini Trust ETF (BTC) and bitcoin retain a buy rating, supported by a 45% Q3 surge and robust technical signals. BTC's bullish cup and handle breakout, rising 200DMA, and golden cross pattern support a year-end bitcoin price target of $108,000. Recent $593 million net inflow into US spot bitcoin ETFs and strong Q4 seasonality bolster the bullish outlook.
Qatar's sovereign wealth fund QIA and JP Morgan Asset Management plan to launch a $20 billion strategic partnership across public and private markets in both equities and credit, the two companies said in a statement on Monday.
Qatar Energy Minister Saad al-Kaabi discusses the future of the Strait of Hormuz and says that to call the strait obsolete is “wrong.” US Treasury Secretary Scott Bessent commented on Sept.
US President Donald Trump and Chinese President Xi Jinping prepare to meet in Washington with technological supremacy and unresolved economic friction at the top of the agenda. Ahead of an approaching trade truce deadline, discussions are likely to center on artificial intelligence competition, semiconductor export policy, and potential Chinese EV manufacturing in the US.