Wall Street Sees More Room for Defense Stocks’ Torrid Advance

Published on October 8, 2024

It’s no secret that betting on defense suppliers when geopolitical tensions ratchet higher pays off — at least in the short term. But Wall Street says there’s more to this latest rally.

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World Markets Watchlist: October 4, 2024

October 8, 2024
All of our eight indexes on our world watch list have posted gains through October 4th, 2024. The Hong Kong's Hang Seng finished in the top spot with a year-to-date gain of 35.43%. The U.S. S&P 500 finished in second with a year-to-date gain of 21.26% while Tokyo's Nikkei 225 finished in third with a year-to-date gain of 15.45%.

US Bonds Slip Again as Traders Price In Gradual Fed Rate Cuts

October 8, 2024
The rout in US government debt extended slightly on Tuesday, with longer-dated yields at the highest levels since late July and inflation data later in the week expected to enable Federal Reserve interest-rate cuts.