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Data storage stocks surge on AI demand! WDC +5%, STX +8%, PSTG +6%. Analysts bullish on valuation & supply/demand.
Dow Industrials up 0.1%, Nasdaq jumps 0.9%. Energy & Utilities flat. Traders eye global indices for momentum.
Nikkei 225 futures show mixed action, with Sep 2026 contracts up 210 pts. Open interest dips, watch for volatility.
FOMC preview: Powell to push back on market rate-cut hopes, disappointment for doves TD expects him to disappoint traders hoping for October and December easing, stressing instead that decisions will remain data-dependent.
NZ home prices dip 1.3% in Aug despite rate cuts; sales down 4.5%. Buyers cautious, market sentiment tempered.
Firing Fed Chair Powell could cost $1.5T! Markets tanked 17% on dismissal odds, showing high risk.
Global stocks hit new highs as Fed rate cut hopes rise. Gold & silver surge; USD dips. Tech leads, but housing/labor headwinds loom.
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