Morningstar
Dow Jones Top Markets Headlines at 3 AM ET: Asian Stocks Fall, Bucking U.S. Tech Rebound | Stock ...
xCruzo Brief
Asian stocks fell on Tuesday, continuing a cautious tone as investors weighed artificial-intelligence spending concerns and higher oil prices, despite a U.S. tech-led rebound overnight. The wider market mood was clouded by credit signals, with the riskiest junk bonds flashing warning signs. Several other macro items also pointed to shifting expectations: a Bank of Canada survey showed inflation expectations rising, potentially setting up an interest-rate move next week. In the U.S., Treasury financing plans pushed yields on 10-year and 30-year bonds higher again. Home-builder sentiment hit a 14-year low as the NAHB/Wells Fargo index slipped to 29 in October.
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