US stock market open 11 September 2015
- S&P -6pts to 1946
- Dow -41pts to 16289
- Nasdaq -25pts to 4771
US 10 year yields 2.19% -3bp
US 10 year yields 2.19% -3bp
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Retirees left with 88% income post-Medicare costs; Social Security faces depletion by 2033. HSAs offer tax-advantaged savings.
Bitcoin plunges 10% near $72k, erasing $500B in a week. Investors wary of dips amid AI & geopolitical jitters.
GOOG dips 1% on AI spend fears, NVDA & AVGO rally on AI demand. QCOM drops 9% on forecast. BTC tanks 13% on govt comment.
Nikkei 225 futures show mixed action; March contract up 375 pts. Watch volume shifts and open interest.
AI workflow tools trigger $285B market value wipeout; Thomson Reuters -18%, Pearson -7%, LegalZoom -20%. Valuations questioned.
IHG cards offer 175K points bonus! Earn 10x points, 4th night free. Value ~0.56c/pt. Watch for dynamic pricing.
Fed Governor Cook said policy is mildly restrictive and it is the right time to wait and see, citing long lags and core PCE still well above target. She said goods inflation may ease but stressed patience and vigilance.
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