NY Fed's Marchioni said new FOMC language reaffirming ample reserves is cleanup rather than a policy shift, pushing back on analyst readings that Warsh was signalling a change in balance sheet direction.
Prime Day deals surge! Apple, Lego, Sony discounts up to 75% off. Grab 'em fast!
US banks pass Fed stress tests, can absorb $708B loss. Dividends rise, but capital rules may tighten.
Paramount's $111B Warner Bros. deal nears EU approval, but traders eye valuation shifts & potential regulatory risks.
MUFG says the yen is holding below the July 2024 high of 161.95 as intervention risk builds, with joint US-Japan action speculation growing after Katayama said she and Bessent agreed to take "bold steps" on currencies.
Paramount-Warner Bros. $111B EU deal nears approval. Traders watch valuation shifts amid regulatory clearance.
JP Morgan raised its S&P 500 year-end target to 7,800 from 7,600, lifting its 2026 EPS estimate to $350, but warned of flash crash risk in crowded speculative AI trades and multiple compression ahead.
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