
S&P 500 Rises 0.9% as Fed Hike Odds Fall to 16%
The S&P 500 (SPX) rose as September payrolls missed at 29,000 versus 90,000 and unemployment hit 4.2%.
Daily Digest
Daily Digest
Pomegra Briefs - Page 25 of 52
Short, sourced summaries of the biggest market stories - what happened, why it matters, the key numbers, and what to watch next

The S&P 500 (SPX) rose as September payrolls missed at 29,000 versus 90,000 and unemployment hit 4.2%.

Seven died in Russia's heaviest grid attack in months; Ukraine hit refineries and oil sites in return.
The yen (USD/JPY) lost 0.5% as the BOJ's meeting summary, with rates at 1.25%, cooled October hike bets.
Vicor (VICR) lifted its Q3 growth outlook to over 30% from 20% on royalties from its first power-tech license.

Core inflation is 3.0% and the Fed's target range is 3.75%–4.00%, while traders cut odds of an October hike.
Boeing (BA) shares closed at $192.28 as its $20B Navy deal gave it both US next-generation fighters.

Meta (META) had its best quarter in over two years, up 29%, as investors back its Muse AI shopping agent.

Grindr (GRND) will pay $190M cash and $60M in stock for HIV-prevention telehealth firm Freddie's owner.

Tesla (TSLA) is expected to deliver about 462,000 cars in Q3, down 7%, as US and China demand weakens.

United Therapeutics (UTHR) beat Liquidia in a patent case; BTIG upgraded it to Buy with a $728 target.

Brent crude (BZ=F) rose 4.4% and WTI gained 2.7% to $92.87 as the US readies a third carrier and more troops.

AMD (AMD:NASDAQ) pays 64% above World Labs' February value, with the all-stock deal due to close by year-end.
Trump Media (DJT) filed its S-4 for the TAE merger and rolled funding into a $200M note, up to $100M more.

Nu Holdings (NU) had fallen 10% on Monday on takeover reports; it now says it is not pursuing Monzo.

Police found petrol, not explosives, and Iran denies any role; a dual UK-Iranian national was held Thursday.
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