Daily US Market Brief

Treasury yields fell and rate-hike odds dropped after Fed Governor Waller's dovish comments, powering a late-day rally.

The Dow climbed 624 points to...

The yen's sharp rebound to 157-159 per dollar reflects suspected Japanese rate checks and growing intervention odds, easing the dollar from recent...

Wall Street closed modestly higher as the Dow rose 0.56%, S&P 500 0.46%, and Nasdaq 0.45%, with investors weighing market momentum against ongoing...

U.S. yields fell and the yen surged as stocks rose, while oil prices softened on signs the latest U.S.-Iran flare-up may be easing. These cross-asset...

Lumentum (LITE) surged 140% YTD into the S&P 500's top 10, powered by optical components linking AI data centers.

• Latest quarter delivered $3.23...

Declining inflation and interest rates point to higher US equities through early 2027 amid a soft landing.

• Inflation drop: From 3.37% to 1.73% by...

Investors directed heavy capital into large-cap and tech-heavy indices last month, underscoring a clear preference for AI-driven growth over smaller...

The S&P 500's top 10 stocks now represent 38% of the index, delivering far less diversification than the name suggests.

Three ETFs address this from...

Today's briefing highlights low trading volume at multi-year lows alongside seasonal headwinds ahead.

• Oil markets: US-Venezuela deal developments...

Technicians remain cautious as the S&P 500 enters its historically weakest month, even as earnings growth outlook brightens after a strong reporting...

Treasury Secretary Bessent described recent yen moves as pretty contained and not disorderly, citing the July 31 joint intervention with Japan....

Oracle (ORCL) has sharply underperformed the S&P 500, falling 37.2% over the past year and 22.6% YTD versus the index's gains of 18.6% and 12.7%.
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Japan's share of the US Treasury market has dropped from around 10% to 4% as the Treasury expects to borrow more than $10 billion net per business day from July through December.

Active institutional managers sold a net $284 billion in U.S. equities over the 12 months through March 2026 while directing $119 billion into...

Kevin Warsh's Jackson Hole remarks are being read as a hawkish pivot on inflation, but the real goal appears to be anchoring long-term yields after...

Does the August durable-goods orders surge point to a sustained pickup in U.S. business investment?

• Orders rose 1.1%, beating the 0.4% forecast and...

• AI demand shock counters Middle East supply risks in a global tug-of-war, with AI driving one-third of recent U.S. growth.
• Nvidia's broadening...

• 0DTE resistance at 7770 held firm with no alarm bells
• Price action showed resilience across SPX and QQQ
• Month-end flows plus 401(k) inflows could fuel upside next week
• Swing positioning stays extremely light despite the setup

U.S. financial system remains in an ample-reserves regime after QT ended in Dec 2025, but with a much smaller domestic reverse-repo buffer and greater...

Warsh stressed that inflation has not yet been tamed even as the labor market holds up, prompting markets to price in a likely September rate hike....