News about Dow Jones

U.S. stock futures rose late Sunday, signaling a rebound from Friday's slide in the Nasdaq Composite, even as calls for a 'Black Monday' crash trended. The Kobeissi Letter called selloff worries 'overdone,' noting the S&P 500 has climbed from about 5,500 to around 7,650 since May 2025. It argues the index is in a 'stealth' bear market within a bull market, with 84% of its stocks at least 10% below record highs and just 10 stocks driving 70% of gains since the March low. S&P 500 futures rose 0.72% to 7,760 after the index closed 1.09% lower on Friday, while the Nasdaq Composite closed 2.14% lower. Polymarket priced a 7% chance of a U.S. recession by the end of 2026, while David Rosenberg said he sees better-than-even odds of a recession within a year.

This Dow Jones market headlines digest covers Ukraine's drone strike on a major Russian oil terminal and China's third-quarter economic growth of 4.5%, driven by exports. Putin has floated a summit with Trump and Xi on Ukraine that would exclude Zelensky, while Houthi attacks are making some Wall Street executives nervous about attending a Saudi investment conference. Other stories cover AI stock volatility, rising grocery and fuel prices, and silver's drop of more than 50% from its record high, which may signal an economic slowdown. China's $37 billion consumer subsidy program is boosting demand for smart gadgets, and markets expect the Fed to raise rates further even if it pauses, with a December hike in focus.

U.S. stock index futures rose overnight ahead of Monday after a rough week, as investors looked to Big Tech earnings to restore momentum amid fears of an AI bubble. As of 11:30 p.m. ET, S&P 500 futures were up 0.8%, Nasdaq futures rose more than 1%, and Dow futures gained 0.5%. Last week the Nasdaq Composite fell nearly 4.5% and the S&P 500 dropped 1.95%, their worst weeks since early June, while the Dow rose 0.67% for its second straight weekly gain. Netflix, SpaceX, Tesla and Meta report this week, with Meta expected to post EPS of $6.58 on revenue of $63.34 billion. Oil eased, with Brent falling nearly 1.9% to $107.88 a barrel, while retail sentiment on Stocktwits was neutral on QQQ and bearish on SPY and DIA.

Canada's main index, the TSX Composite, rose 552.64 points, or 1.6%, to close Thursday at 36,137.10, as lower bond yields boosted risk appetite despite weakness in energy shares tied to falling oil prices. Shopify gained $7.05, or 2.9%, to $252.53, while Celestica fell 3.1% to $446.70. Canadian wholesale sales declined 1.6% to $91.6 billion in August, manufacturing sales rose 1.5%, and 174,611 new motor vehicles were sold in Canada in August 2026, up 4.9% from a year earlier. In the U.S., the Dow rose 1.1% to 52,177.69 as investors rotated out of AI-related tech stocks over spending concerns, and the 10-year Treasury yield fell to 5.08% from 5.24%.