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Swiss officials on Thursday downwardly revised their 2026 forecasts for economic growth, blaming the impact of U.S. tariffs. Switzerland is currently subject to a U.S. tariff rate of 39%, making it one of the hardest hit countries by the Trump administration's tariffs regime.
Portugal's electricity market regulator ERSE has proposed a 1% rise in regulated tariffs paid by 820,000 households and small businesses, which will also indirectly influence the market prices charged by utilities, it said on Thursday.
Guy Johnson, Lizzy Burden, Valerie Tytel and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." Chapters: 00:00:00 - MLIV 00:00:04 - Buy the Dip?
The Travelers Companies, Inc. (NYSE:TRV) will release earnings results for the third quarter, before the opening bell on Thursday, Oct. 16.
The CNN Money Fear and Greed index showed an increase in the overall fear level, while the index remained in the “Fear” zone on Wednesday.
Investors await more financial earnings, plus appearances by a series of Fed officials
Gold "is overbought at the moment, but it is still underinvested," according to Michael Widmer, head of metal research at Bank of America. "ETF inflows last month were up 880% year-over-year and that is ultimately a concern," Widmer tells Bloomberg Television.
Eurozone bond yields edged higher and Commerzbank said the rally could continue as catalysts remain absent without U.S. data.
European stocks are expected to open in negative territory on Thursday as regional markets continue to see-saw this week.
ABB is seeing a "robust" market situation with so far little impact on customer demand from the uncertainties caused by U.S. tariffs, the Swiss engineering company said on Thursday, as it reported its third quarter results.
White House will set price floors in industries. Tariffs are pushing prices higher, Fed report shows.
'Mad Money' host Jim Cramer talks why some investors are still hot and cold on AI and how it moves the markets.
The Federal Reserve's latest Beige Book paints a familiar picture of an economy searching for direction, one defined less by momentum than by hesitation. In the 56-page report released Wednesday (Oct.
'Mad Money' host Jim Cramer talks why some investors are still hot and cold on AI and how it moves the markets.
Several trend indicators suggest last week's market decline is noise rather than a market reversal. Monitoring several facets of stock market activity are useful proxies for assessing the near-term risk outlook.
As I write Wednesday afternoon, stocks are trying to find their footing during a volatile session – swinging between gains and losses as investors weigh upbeat earnings from Bank of America and Morgan Stanley against renewed U.S.-China trade tensions. For the most part, Wall Street has been willing to look past recent China/trade war jitters today – even though Treasury Secretary Scott Bessent said this morning that the U.S. will set price floors across various industries to combat China's market manipulation.
A strong and rising bull market should lift all boats.
CNBC's Jim Cramer argued that Big Tech's enormous investments in AI will be worthwhile, even if there are some companies that don't reap rewards. Cramer suggested generative AI is ushering in a new industrial revolution, likening the technology's significance to the invention of the railroad.
A solid start to earnings season is helping stocks, even as the global trade fight keeps heating up.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Katie Greifeld, Matt Miller Carol Massar and David Gura. -------- More on Bloomberg Television and Markets Like this video?