European stocks start the day
- Eurostoxx +0.1%
- Germany's DAX +-0%
- UK's FTSE +0.1%
- France's CAC 40 -0.2%
- Spain's IBEX +0.1%
- Italy's FTSE MIB +0.37%
A slow start, slightly positive notes as a whole aside from France's CAC 40 down on the open
A slow start, slightly positive notes as a whole aside from France's CAC 40 down on the open
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Macy's jumps 4% on strong earnings, but cautious outlook & YTD loss loom. Investors eye 2026 EPS.
Fed decision looms as oil prices surge 110+, hitting Dow 0.8% lower. MU's sky-high valuation faces AI trade risk.
Fed holds rates steady amid inflation fears & mixed jobs data. Rate cut odds shift to Dec.
Oil spikes 40% amid conflict, but markets hold steady. Recession risk low, but watch for 50%+ oil surges & hawkish Fed.
TDS up 19% YTD, but Stonehill exits. Fund shifts focus from transitional telecom to core holdings.
Shadow bank MFS collapses amid £1.3bn fraud claims; owner faces asset freeze.
TSMC, ASML, ARM: AI fuels 20-30% EPS growth. ARM's 154 P/E high, but growth may justify.
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