The minutes also showed that labor market weakness remained among the top concerns of the central bank, which noted that though the unemployment rate remained low, the pace of employment increases had slowed.
The brief pause in the market rally didn't last long. Wall Street resumed its climb toward fresh records on Wednesday, powered by another relentless surge in technology stocks — while in commodities, gold continues to defy the laws of gravity.
The companies have signed a non-binding Letter of Intent (LOI) outlining plans for REalloys to receive up to 15% of annual rare earth concentrate from Critical Metals’ Tanbreez Project in Southern Greenland.
After a relatively stable start to October, Tuesday's breadth data shows a decisive shift to the downside. Decliners overwhelmed advancers, with significant weakness across multiple breadth indicators. This marks a notable change in tone and resets short-term breadth momentum.
The financial markets are currently riding a wave of optimism, propelled by the Federal Reserve's decisive pivot towards a more accommodative monetary policy. This 'easing stance,' initiated in late 2024 and continuing through 2025, has seen the central bank systematically reduce the federal funds rate, aiming to inject liquidity
Oracle’s shares were down nearly 4% in Tuesday’s afternoon session after a report stated that it lost nearly $100 million from renting out access to Nvidia’s Blackwell chips.
Risk sentiment is taking a breather after days of a relentless rally, with all major Wall Street indexes trading in negative territory and sharper declines hitting the most speculative assets, such as cryptocurrencies.
