See the full story in the original article.
Read the original on economictimes.indiatimes.com ↗
Keywords
bondsgoldDXYartificial intelligence
Open a keyword to see other news on the same topic.
Related tickers and likely impact
XAU/USD
▼ Likely negativeRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/16/2026 | 4,165.63 |
| Change that session | -0.13% |
DXY
▲ Likely positiveRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/16/2026 | 101.78 |
| Change that session | -0.20% |
QQQ
▲ Likely positiveInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/16/2026 | 709.82 |
| Change that session | -2.50% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Stock Market Midday, Oct. 19: Tech Stocks Rebound as AI Confidence Returns
As of 11:34 AM ET, the S&P 500 is up 0.85% at 7,725 and the Nasdaq Composite has risen 1.67% to 26,576 as growth stocks rebound from their worst week since June. The Dow Jones is up 0.15% at 52,094. Gold has fallen 0.51% to $4,145.56, while the 10-Year Treasury yield has gained 3 basis points to 5.13%. Sandisk (+7.4%) and Micron Technology (+4.7%) rose on a shift in memory sentiment, Intel climbed after a JPMorgan upgrade, and Amazon.com gained after Morgan Stanley raised its price target and named it a top pick. Real estate and consumer defensive stocks posted the biggest losses, while U.S. homebuilder confidence fell to a 14-year low and violent protests in France and Italy weighed on European equities.
- Higher for longer : why low rates are relics of the past
Mortgage holders should expect interest rates to stay higher for longer, as the RBA warns that competition for global capital from AI and data centre companies is pushing up the neutral interest rate. The cash rate of 4.6% is the highest in 15 years, and markets still almost fully price in another hike by mid-2027, even though expectations for a November increase have eased. Markets do not anticipate rates falling below current levels until at least mid-2028. Commonwealth Bank's Luke Yeaman argues that heavy government and AI spending makes rates less effective, with federal spending reaching 26.9% of GDP in 2025/26, the highest in 40 years excluding COVID-19. HSBC's Paul Bloxham has called for further spending cuts in the mid-year fiscal update expected in December.
- Gold Prices Rise as Fed Rate Hike Bets Fade , ANZ Sees $5 , 000 in 2027
Gold rose on Monday as investors scaled back expectations of another Federal Reserve rate hike in October following remarks from Fed Chair Kevin Warsh. Spot gold climbed 0.2% to $4,173.59 per ounce, silver, platinum and palladium also gained, and traders cut the probability of a 25-basis-point hike below 20%. Gold has held above $4,000 since August but remains about 20% below its level before the U.S.-Iran conflict began in February. ANZ sees fiscal concerns, Chinese demand and central bank diversification supporting gold over the longer term, while elevated yields and dollar strength limit near-term upside, and it forecasts bullion could exceed $5,000 per ounce in 2027.
- US Fed likely to hold rates in October , hike by 25 bps by year - end : CareEdge Global
CareEdge Global expects the Fed to hold rates in October before resuming tightening, as markets price in a further 25 bps hike by end-2026 and 75 bps cumulative tightening by mid-2027. The outlook has grown increasingly hawkish, peaking with a 25 bps hike in September amid geopolitical tensions and elevated inflation. According to CME FedWatch, the probability of rates staying at 3.75-4.00% in October is 78.4%, while by December there is a 68.1% probability the rate reaches 4.00-4.25%. With gross interest payments already around 19% of government revenue in 2025, further tightening could intensify US fiscal pressures; in Mexico and Brazil, uncertainty over the USMCA review, judicial reforms and the presidential race continues to weigh on investment decisions and market sentiment.
- U.S. Dollar Is Stable, Treasury Yields Decline
- Treasury yields move lower as investors assess U.S. inflation backdrop
Yields on 10-year Treasurys fell more than 2 basis points to 5.0729%, 30-year yields dropped 2 basis points to 5.4122%, and the 2-year note was broadly flat at 4.7273%. Yields eased even as inflation concerns persist, after strong Bureau of Labor Statistics data showed wholesale prices up 6.3% annually last month, the biggest jump since 2022, and consumer costs up 3.7% in September, beating estimates. Energy prices also fell as investors weighed the prospect of more Russian crude reaching the market, with WTI for November delivery down 2.05% at $99.33 a barrel and Brent down 2.65% to $106.99. Traders price an above-85% chance that the FOMC will keep borrowing costs unchanged at its Oct. 28 decision, according to the CME FedWatch tool.
Related markets
Latest news
- Iran warns US and Israel
Iran's Armed Forces Chief of Staff, Major General Ali Abdollahi, warned on October 18 that the US and Israel would face a far harsher response if they continue actions Tehran considers provocative. He said Tehran is awaiting their next moves and that Iran's armed forces remain ready for any scenario. Tehran accuses Washington and Tel Aviv of trying to weaken its government, and tensions have risen since earlier conflicts, including a 12-day war. Iran says it will not back down under external pressure.
- Is TC Energy (TRP) a Good or Bad Investment at Today's Multiple?
TC Energy trades at 21.19 times next year's expected earnings, closing at $61.74 on October 16 after a 1.5% return over 6 months, versus 10.5% for the Insider Monkey Billionaire Index and 9.3% for the State Street SPDR S&P 500 ETF Trust. The company operates natural gas transmission pipelines across Canada, the United States and Mexico, plus power generation, with a 44.25% operating margin, and latest-quarter earnings rose 18.00% on revenue up 5.70%. The article flags risks including debt at 170.37% of equity, the loss of crude oil pipelines to South Bow in 2024, and volumes that depend on North American gas demand from power and LNG exports. A 4.01% yield is cited as income while the market decides whether the stable business justifies the multiple relative to its growth.
- Should You Buy This Trump AI Stock Ahead of Earnings?
Microsoft (MSFT) reports quarterly results on October 28 and ranks eighth in Trump's latest stock portfolio, after Trump bought the stock five times in August. Bulls point to Azure growth of 43% last quarter, with management expecting about 45% in the current quarter, and to demand that exceeds available computing capacity. Bears cite rising capital spending that Deutsche Bank says could push free cash flow close to breakeven in fiscal 2027, about two-thirds of spending going to short-lived equipment such as chips, and OpenAI making up about 45% of the commercial backlog in the December quarter. The stock trades at 26.75 times forward earnings, a 27% premium to the sector median of 21.01 but 12% below its own five-year average of 30.47, with a PEG ratio of 1.70 versus a sector median of 1.14. The article concludes that investors pay more than for the average tech stock but less than they usually pay for Microsoft.
- What Is Williams' (WMB) Economic Moat, and Is It Steel or Permits?
Williams (WMB) closed at $71.28 on October 16, with a 0.5% return over 6 months, compared with 10.5% for the Insider Monkey Billionaire Index and 9.3% for the State Street SPDR S&P 500 ETF Trust. The article argues its main advantage is the Transco pipeline, which runs from the Gulf Coast up the eastern seaboard, where several attempts to build new pipe have been abandoned after failing to win approvals. A 39.54% operating margin and 21.50% return on equity are cited as evidence of this advantage, although revenue rose only 7.80% last quarter. Limits noted include debt at 200.37% of equity, rules that also restrict Williams' own growth, and a price of 26.81 times expected next-year earnings. The dividend yields 2.95%.
- Marvell Jumps 6% as GF Securities Says Google Chip Delay Won’t Dent Its Position; Broadcom Rises 3%
Marvell shares rose 6% to $241.27 in afternoon trading after a reported delay in Google's next TPU chip, while Broadcom gained 3%. GF Securities analyst Jeff Pu said the delay does not change Marvell's medium- to long-term position in Google's chip supply chain. Marvell reported Q2 FY2027 revenue of $2.74 billion, up 36.5% YoY, with its Data Center segment at $2.17 billion, or 79% of revenue. Google can acquire up to 7% of Marvell shares under a warrant tied to revenue targets, and management expects its custom business to more than double in fiscal 2028. Q3 revenue guidance is $3.15 billion, plus or minus 5%, with non-GAAP gross margin of 57.5% to 58.5%, and the article notes Marvell still needs to convert its Google programs into reported revenue.
- Is ONEOK (OKE) Cheap at 14 Times Next Year’s Earnings?
ONEOK (NYSE:OKE) closed at $93.31 on October 16 and returned 11.4% over six months, versus 10.5% for the Insider Monkey Billionaire Index. The stock trades at 14.49 times next year's expected earnings and yields 4.59%, and revenue rose 52.80% last quarter as the company grew through acquisitions. The article argues that much of this growth was bought rather than built, with only 13.25% of revenue remaining as operating profit and debt at 143.07% of equity. Because a large part of the business involves buying and reselling liquids rather than earning transport fees, the article views the discount as having a reason behind it. It concludes that investors should watch margins rather than revenue.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.