Moore Threads IPOs +500%, $40B valuation, but heavy losses. AI bubble fears grow as Nvidia dips 10%.
Consumer spending up 0.3% in Sept, but momentum slows. Tariffs & weak jobs squeeze lower incomes. GDP growth steady at 3.8%.
Core inflation ticks up to 2.8% YoY, but Fed eyes 0.2% monthly gain for rate cut hopes amid growth worries.
MS flips to 25bps Dec cut, economists see 2 cuts in '26. Will Powell deliver a hawkish cut? Traders eye Fed's next move.
Consumer sentiment ticks up to 53.3, but still down 28% YoY. Inflation expectations ease to 4.1%. Jobs market remains dismal.
Consumer spending fuels Q3 GDP, U.S. economy shows momentum. Disposable income gains ease, PCE softens.
Consumer sentiment ticks up to 53.3, inflation fears ease to 4.1%, but tariffs push average rate to 16.8%. Gloom persists.
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