Oil Prices Hold Near Two-Week Highs as Markets Await Fed Rate Cut and Monitor Geopolitical Risks 
Silver Prices Surge to New Record Above $60 as Supply Concerns and Fed Expectations Boost Demand 
RBA Holds Rates but Warns of Rising Inflation Pressures 
U.S. Stock Futures Hold Steady Ahead of Key Fed Decision 
U.S.-Indonesia Trade Deal Faces Uncertainty as Jakarta Reconsiders Key Commitments 
U.S. Economic Outlook 2026: Growth Seen Strengthening as Fiscal Support Ramps Up 
Global Forex Markets Brace for Fed Decision as Yen Extends Weakness 
Global Currencies Steady Ahead of Key Central Bank Decisions 
Oil Prices Hold Steady as Markets Track Ukraine Peace Talks and U.S. Rate Decision 
Gold Prices Inch Higher as Fed Rate-Cut Expectations Strengthen 
Japan’s Q3 Economic Contraction Deepens as Revised Data Signals Stronger Headwinds 
Canada Stocks Steady as Markets Await Fed and BoC Decisions 
Australian Dollar Rises as RBA Holds Rates and Signals Persistent Inflation Risks 
ECB Signals Steady Rates Ahead as Policymakers Warn of Inflation Risks 
Holiday Economic Questions: What Bank of America Says You Should Expect 
Asian Currencies Hold Steady as Traders Await Fed Decision; Aussie Dollar Edges Higher 
UK Job Market Shows Persistent Weakness Ahead of November Budget 
Wall Street closed higher on Friday, marking its fifth consecutive day of gains, as investors reacted positively to easing U.S.-China trade tensions despite concerning economic data. The S&P 500, Nasdaq, and Dow all posted strong weekly performances, driven by optimism from a 90-day tariff truce between Washington and Beijing.
The S&P 500 climbed 0.70% to 5,958.38, the Dow rose 0.78% to 42,654.74, and the Nasdaq added 0.52% to close at 19,211.10. For the week, the S&P 500 jumped 5.3%, the Nasdaq surged 7.2%, and the Dow gained 3.4%.
However, consumer sentiment slipped. The University of Michigan’s index showed a decline in May, while one-year inflation expectations jumped to 7.3% from 6.5%. Despite the data, investors remained focused on the trade de-escalation and potential monetary policy shifts.
In extended trading, ETFs tracking the S&P 500 and Nasdaq dipped about 1% after Moody’s downgraded the U.S. credit rating, citing rising debt and interest payments. Market strategist Lindsey Bell noted that while the rally reflects optimism, volatility could persist due to tariff and economic uncertainties.
Energy was the only sector in the red (-0.18%), while healthcare led gains (+1.96%), buoyed by a 6.4% rebound in UnitedHealth Group after recent losses. Applied Materials fell 5.3% after missing revenue estimates, while Charter Communications rose 1.8% on news of a $21.9 billion deal to acquire Cox Communications. Verizon shares climbed 1.7% after the FCC approved its $20 billion acquisition of Frontier Communications.
Advancing stocks outpaced decliners on both the NYSE and Nasdaq, with robust trading volume totaling 17.61 billion shares—above the 20-session average.
Investors remain cautiously optimistic, awaiting further clarity on tariffs and U.S. tax policy amid political roadblocks in Congress.
