Other news

Quantitative strategists from Citigroup Inc. suggest that U.S. equities are priced with higher recession risks being taken into consideration, i.e. with higher risks than any other type of assets. Due to this fact, U.S. equities might be prepared for more losses.

This week, about 60 companies included in S&P 500 index are going to present their earning reports. Three of these companies’ reports – Tesla, Procter & Gamble, and International Business Machines (IBM) – may have a great impact on the market, starting today.

Major design software maker Adobe Inc. reaffirmed its forecast for the current quarter, even though expected revenue for 2023 came in below analysts' estimates.

The gold price has slightly increased thanks to less pressure from the dollar. However, the Fed's tight interest rate policy has prevented it from rising further.

Bitcoin and Ethereum dropped sharply Wednesday, October 19, during morning trading on the Asian market. The reason is the European Union (EU) to consider a bill that says the mining process of energy-intensive cryptocurrencies, including Bitcoin, may be restricted.

Amazon Prime Video will air the first ever National Football League (NFL) Black Friday game next year.

Cyclyx International, ExxonMobil and LyondellBasell signed an agreement to build a unique plastic waste sorting and recycling plant in Houston.

Apple will release the next generation of iPad Pro tablets this year, as reported by Bloomberg.

According to Neel Kashkari’s announcement as Minneapolis Fed President, the U.S. Federal Reserve System won’t be able to stop its campaign of monetary policy tightening at a key rate of 4.5-4.75%, if core inflation continues to gain pace.

Based on stock market indicators, the recent rally in the U.S. is likely to indicate a sustained move higher. A majority of investors are less resolute, expecting signs of lower inflation.