Nasdaq moons on AI deals; Kenvue soars 20% on KMB takeover rumors. Dow lags as traders eye Fed.
Fed split: Cook sees 'live' Dec. meeting for rate cut, but inflation risks loom. Miran wants 0.5% cuts, Goolsbee wary of inflation.
Futures climb: Nov '25 up 18.10 to 4000.30, Dec '26 up 21.10 to 4194.90. Oil futures dip slightly.
S&P 500 gains amid shutdown fears; Big Tech lifts Nasdaq. Investors eye AI risks & earnings.
US billionaires' wealth surged $698B in a year. Is this a sign of economic strength or growing inequality?
Tariffs disrupt supply chains, hitting corporate earnings by $35B+. Traders eye potential 15% duties, impacting valuations.
Tariffs push consumer prices up 30-50bps; consumers foot 50-70% of costs. Inflationary pressure mounts!
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