🔒 China Calls for Security Review of Intel Products
As traders, we constantly navigate the complexities of market movements, trying to discern patterns that can guide our trading decisions. Price action analysis remains one of the most reliable methods to decode these movements.
📊 US Mulls AI Chip Export Caps for Nvidia and AMD
The stock market saw a positive rally despite mixed economic signals. The S&P 500 gained 1.4%, driven by strong earnings reports from big banks and sectors like technology and transportation. This occurred despite mid-week inflation data, which raised questions about future Federal Reserve rate cuts. In response to inflation concerns, U.S. Treasury yields rose, reflecting investor caution about the economic outlook.
💼 Singapore Halts Allianz’s $1.7B Majority Stake in Income Insurance
🚗 Volkswagen’s Global Deliveries Drop 7% as China Demand Weakens
🚗 Tesla’s Futuristic Robotaxi Debut: Breakthrough or Just Hype?
📈 TSMC Defies Doubts with 39% Revenue Jump as AI Frenzy Powers On
⚖️ Judge Shatters Google’s App Store Monopoly
Markets were resilient as September and the third quarter closed, registering gains despite economic and political uncertainties. The S&P 500 and Nasdaq closed Monday, September’s last trading day, up 0.4%, while the Dow Jones gained nearly 0.1%. The S&P 500 notched its 42nd all-time high for the year, making it the best September since 1997 and the best start to an election year ever.