The Ibovespa rose 0.9% to a fresh record close of 143,547 on Monday as signs of cooling inflation reinforced expectations for easier financing conditions. The IBC-Br fell 0.5% in July, its third straight monthly decline and weaker than the 0.2% drop analysts had penciled in, helping to ease worries about a renewed pickup in price growth. Brazil inflation forecasts in the Focus bulletin edged down 2 basis points to 4.83% for 2025, while the projected rate for next year was trimmed by 12 basis points to 4.38%. Still, the Central Bank is widely expected to keep the Selic at 15.00% on Wednesday even as markets price a 25 basis point cut from the US Federal Reserve next week. On the market, Eletrobras jumped 3.0%, Petrobras rose 1.5%, Vale gained 0.9%, B3 rallied 3.2% and Itaúsa added 1.4%, while Banco do Brasil slipped 2.2%.

Ibovespa Hits Record High

The S&P/TSX Composite rose 0.5% to close at a fresh record of 29,431 on Monday, as investors awaited policy decisions from North America’s major central banks. Most major sectors traded firmly in the green with the rate-sensitive tech sector leading the way as mega-cap Shopify rose 2.6%, followed by financial powerhouse Brookfield adding 1.9%, and energy producing giant Canadian Natural Resources gaining 2.2%. Markets are pricing a 25 basis point cut from the Bank of Canada on Wednesday amid signs of a weakening labour market and softer economic activity, with another reduction expected next quarter. The Federal Reserve is also fully priced for a 25 basis point cut at its upcoming meeting, with a small chance of a larger move, and traders broadly expect additional easing through year end.

TSX Sets Fresh Record High

Stocks in the US closed higher on Monday, lifted by tech gains as investors looked ahead to Wednesday’s Federal Reserve decision. The S&P 500 rose 0.4%, the Nasdaq advanced 0.8% to extend its record high, and the Dow added about 50 points. Tesla jumped 3.6% after CEO Elon Musk disclosed a nearly $1 billion stock purchase, his largest ever in the open market, while Alphabet gained 4.3% to hit a $3 trillion valuation, boosting communication services. Nvidia finished flat, paring earlier losses after China’s regulator said the company had violated anti-monopoly laws, while Texas Instruments fell 2.4% on news of a Chinese anti-dumping probe into US analog chipmakers. Trade tensions also lingered as President Donald Trump signaled progress in US-China negotiations, including a potential deal related to TikTok, though risks around tariffs and tech restrictions remain.

Nasdaq 100 Extends Record High

Wall Street kicked off the week mostly higher, with the S&P 500 and Nasdaq up over 0.5% to fresh record highs, while the Dow swinging new the flatline. Investors looked ahead to Wednesday’s Federal Reserve decision, with markets widely expecting a 25-basis-point cut after recent signs of labor market weakness and subdued inflation. Tesla jumped 3.7% after CEO Elon Musk disclosed a nearly $1 billion stock purchase, his largest ever in the open market, while Alphabet’s (+3.9%) valuation hit $3 trillion, boosting communication services. Nvidia pared losses after China’s regulator said the company had violated anti-monopoly laws, while Texas Instruments slid 3.1% on news of a Chinese anti-dumping probe into US analog chipmakers. Trade tensions also lingered as President Donald Trump signaled progress in US-China negotiations, including a potential deal related to TikTok, though risks of tariffs and tech restrictions remain.

S&P 500, Nasdaq Start Week on Record Run

IBOVESPA increased to an all-time high of 144028.00 Index Points. Over the past 4 weeks, Bovespa Index gained 4.84%, and in the last 12 months, it increased 6.55%.

Stocks in Brazil Hit All-time High

In Milan,  the FTSE MIB Index rose 487 points or 1.14 percent on Monday. Leading the gains are STMicroelectronics (3.92%), Leonardo SpA (3.56%) and Moncler (3.04%).

The FTSE MIB Index Closes 1.14% Higher

In Paris,  the CAC 40 Index went up by 74 points or 0.94 percent on Monday. Top gainers were Kering (5.64%), Thales (4.75%) and STMicroelectronics (3.85%). Biggest losses came from Edenred (-4.41%), Cap Gemini (-2.22%) and Dassault Systemes (-1.67%).

The CAC 40 Index Closes 0.94% Higher

The FTSE MIB gained 1.1% to close at 43,054 on Monday, as investors positioned for the Fed meeting and an expected rate cut. Global shares hit fresh record highs, with traders nearly certain of a 25bps Fed reduction on Wednesday, according to CME’s FedWatch tool. Italy plans to maintain GDP growth forecasts of 0.6% for 2025 and 0.8% for 2026, Economy Minister Giancarlo Giorgetti said, despite uncertainties linked to US import tariffs. On the corporate front, Brunello Cucinelli (+5.7%) led the index after JPMorgan initiated coverage with an overweight rating and €125 target. Intesa Sanpaolo (+2.5%), Leonardo (+3.7%), STMicroelectronics (+4%), Unicredit (+1.3%), and Moncler (+3.3%) also advanced, while Amplifon fell 2.3%.

FTSE MIB Rises Ahead of Fed Meeting

The DAX in Frankfurt experienced some volatility on Monday, closing about 0.2% up at 23,7364, as investors braced for policy decisions from major central banks, including the US Federal Reserve, the Bank of England, the Bank of Japan and the Bank of Canada. The US central bank is widely anticipated to cut rates by at least 25 bps. Meanwhile, attention remains on France as Fitch downgraded its credit rating, citing rising government debt and increasing political polarization, raising concerns over the size of its upcoming budget deficits. Among single stocks, reinsurance companies Hannover Ruck and Munchener Ruck posted the biggest gains, adding 3.6% and 2%, respectively. Other top advancers included E.ON (+1.5%), Rheinmetall (0.9%) and Porsche AG (+0.7%). On the downside, Bayer (-2.6%) and Heidelberg Materials (-2.4%) recorded the largest declines.

DAX Ends Slightly Up

European stocks closed firmly higher at the start of the week as markets assessed the outlook on global rates and credit risks in the Eurozone. The Eurozone's STOXX 50 advanced 0.9% to 5,438 and the STOXX 600 added 0.4% to 557. The Federal Reserve is widely expected to resume interest rate cuts with a 25bps reduction. Investors will also be watching policy updates from the Bank of England, the Bank of Japan, and the Bank of Canada. Meanwhile, attention remains on France and the magnitude of deficits in its upcoming budget after Fitch downgraded its credit rating, citing rising government debt and growing political polarization. Luxury stocks surged after JPMorgan announced it sees material upside in the sector, while markets assessed the likelihood of Armani being sold to a conglomerate. LVMH jumped nearly 3% and Kering added over 5.5%. Meanwhile, Rubis soared 7.7% following reports of takeover interest from CVC Capital Partners and Trafigura.

European Stocks Close Sharply Higher

The FTSE 100 fell on Monday, underperforming European peers, led by losses in the pharma and biotech stocks. Heavyweight AstraZeneca dropped 3.4% after pausing a planned £200 million investment in its Cambridge research centre.  GlaxoSmithKline went down more than 1.5%. BT also slipped over 2% after appointing two board members from top investor Bharti Global, following a 45% rally since last year. On the upside, Sainsbury’s surged more than 3.5% to a four-year high after confirming it ended talks to sell Argos to JD.com, citing unfavorable terms. Analysts said the retailer remains open to a disposal, which could refocus attention on its strong food business and potentially attract new suitors. Investors are now looking ahead to this week’s central bank meetings in the US and UK, along with UK inflation data on Wednesday, forecast to hold at 3.8% year-on-year, an 18-month high.

FTSE 100 Falls Led by AstraZeneca

GGSECI increased to an all-time high of 7537.00 Index Points. Over the past 4 weeks, Ghana Stock Exchange Composite Index lost 0.53%, and in the last 12 months, it increased 64.16%.

Stocks in Ghana Hit All-time High

The Ibovespa rose 0.6% to approach 143,000 on Monday, as evidence of softening inflation supported the outlook of easier financing conditions. The IBC-Br index dropped 0.5% in July, its third consecutive decline an below expectations of a 0.2% drop to soften concerns of higher price growth. Consistently, Inflation forecasts in the Focus Bulletin fell by 2bps to 4.83% for this year, while investors trimmed next year's rate expectations by 12bps to 12.38%. Still, the Brazilian central bank is expected to keep the Selic at 15.00% on Wednesday, shortly after the US Fed is expected to resume its cutting cycle with a 25bps cut. Among stocks, Eletrobras jumped 2.7%, Petrobras rose 0.3%, Vale 0.4%, Itaú 0.1%, and Bradesco 1.1%, while Banco do Brasil slipped 0.4%.

Ibovespa Rises on Focus Projections and IBC-Br Data

The S&P/TSX Composite hovered below the flatline around the 29,280 level on Monday, weighed down by commodity producers as investors awaited policy decisions from North America’s major central banks. Energy and mining names gave back some of last week’s gains even as oil and gold held higher, while the rate-sensitive technology sector provided the clearest support. Markets are pricing a 25 basis point cut from the Bank of Canada on Wednesday amid signs of a weakening labour market and softer economic activity, with another reduction expected next quarter. The Federal Reserve is also fully priced for a 25 basis point cut at its upcoming meeting, with a small chance of a larger move, and traders broadly expect additional easing through year end.

TSX Struggles for Direction

Stocks in the US were higher on Monday, with the S&P 500 rising 0.4%, the Nasdaq adding 0.5% and the Dow Jones gaining about 50 points, as traders await the Fed’s policy decision. Markets have fully priced in a 25 bps cut to the fed funds rate, while leaving a small chance for a larger 50 bps move. Investors largely expect rate cuts to persist through year-end. On the corporate front, Tesla shares surged nearly 7% after reports that Elon Musk purchased about $1 billion worth of the EV maker’s stock last week. In contrast, Nvidia slipped about 1.5% after Chinese regulators said the company had violated anti-monopoly laws with its 2020 deal to acquire Mellanox Technologies. Also, Texas Instruments was down 3.8% after China launched an anti-dumping investigation targeting certain US analog chip makers. This comes as US and Chinese officials hold trade talks in Madrid, with President Trump noting that discussions had gone 'very well' and that he would speak with Xi Jinping on Friday.

US Stocks Kick Off the Week Higher

Turkey’s BIST 100 index rebounded above the 10,900 level in mid-September after a court postponed until October 24 a ruling on the leadership of the main opposition party, the Republican People’s Party. The case, centered on alleged irregularities in the party’s 2023 congress and the removal of its elected leadership, had initially been scheduled for September 15. The delay provided some momentary relief to investors concerned about political instability, with banking stocks—among the hardest hit—leading the recovery. Separately, hundreds of CHP members, including Istanbul Mayor Ekrem Imamoglu, President Erdogan’s chief political rival, remain in detention pending trial in a wide-ranging investigation into alleged corruption and terrorism links. On the monetary front, the Central Bank of Turkey cut its benchmark one-week repo rate by 250 bps in September to 40.5%, slightly below expectations of 41%. Annual inflation eased to 32.95% in August while GDP expanded 4.8% yoy in Q2 2025.

Turkish Stocks Gain After Court Postpones Opposition Ruling

US stock futures edged higher on Monday, with contracts on the three major indexes up around 0.2%, extending last week’s strong gains as traders await the Federal Reserve’s policy decision. Markets have fully priced in a 25 bps cut to the fed funds rate, while leaving a small chance for a larger 50 bps move. Investors largely expect rate cuts to persist through year-end. On the corporate front, Tesla shares surged nearly 7% in premarket trading after reports that Elon Musk purchased about $1 billion worth of the EV maker’s stock last week. In contrast, Nvidia slipped about 1.6% after Chinese regulators said the company had violated anti-monopoly laws.

US Futures Rise, Tesla Soars

India's BSE Sensex closed about 0.2% down at 81,785.7 on Monday, following gains in the previous five sessions, mainly due to profit-booking in IT and auto shares after a recent rally. Meanwhile, investors turned cautious ahead of the US Federal Reserve’s policy decision later this week, while awaiting any developments on US-India trade relations. Among Sensex firms, Asian Paints, Mahindra & Mahindra, Infosys, Titan, Sun Pharma, Tata Consultancy Services, Tech Mahindra and Power Grid were the major laggards, shedding up to 1.7%. On the upside, Bajaj Finance, Eternal, UltraTech Cement and Reliance Industries posted the biggest gains, adding between 0.3% and 0.8%.

Sensex Snaps 5-Day Winning Run

The Hang Seng rose 58 points or 0.2% to close at 26,447 on Monday, marking its second straight gain and tracking an uptick in U.S. futures ahead of an expected Fed rate cut this week. While markets expect a 25bps reduction, President Trump has pushed for a larger move, calling the timing “ideal.” Hong Kong shares hovered near a four-year high, supported by ongoing U.S.-China trade talks in Madrid that enter day two today. However, gains were capped by weak August data from China, with factory output, retail sales, credit, exports, and fixed asset investment all underperforming. Tech led the advance, up almost 1%, after Beijing launched anti-discrimination and anti-dumping probes into U.S. chips. Alibaba jumped 2.6% on sector optimism, while Meituan gained 1% after scaling back its community group-buying unit. Other notable gainers included Wuxi Biologics (6.4%), Li Auto (4.5%), Nongfu Spring (4.1%), CK Infrastructure (2.4%), and Xiaomi (2.0%).

Hang Seng Rises Slightly at Finish

Paris’s CAC 40 opened 0.3% higher at 7,860 on Monday, extending last week’s momentum even after Fitch cut France’s long-term credit rating to A+ from AA-, citing rising debt and political instability. Investor focus this week is on central bank decisions, with markets widely expecting the Federal Reserve to deliver a 25-basis-point rate cut, while the Bank of Japan and the Bank of England are seen holding policy steady. In stocks, Veolia rose 0.2% after signing a $500 million deal with SATORP, alongside Marafiq and Lamar, to build a large-scale industrial wastewater recycling plant in Jubail, the Middle East’s largest petrochemical hub. Gains were also supported by STMicroelectronics (+1.3%), Stellantis (+0.9%), Kering (+0.7%), and Thales (+0.7%).

French Stocks Open Higher Despite Fitch Downgrade

The FTSE MIB Index rose 0.3% to around $42,680 in early trading on Monday, extending its winning streak to a sixth consecutive session and reaching a near three-week high. Investor sentiment was supported by a widely expected rate cut from the US Federal Reserve later this week amid signs of cooling in the US labor market. Elsewhere, US and Chinese officials wrapped up the first day of talks in Madrid on Sunday on their strained trade ties, with discussions set to continue today. On the corporate front, Leonardo (+2.2%), STMicroelectronics (+2.2%), Intesa Sanpaolo (+1.2%), and BPER Banca (+1.7) were among the notable gainers. Luxury brands also outperformed, with Moncler and Brunello Cucinelli climbing 2.8% and 3.4%, respectively.

FTSE MIB Rises to Near 3-Week High

The FTSE traded flat to lower on Monday, lagging European peers. BT slumped over 4% after appointing two board members from top investor Bharti Global, following a 45% share rally since Bharti’s entry last year. AstraZeneca dropped more than 2%, GSK fell about 1%, and Fresnillo lost 2% as softer Chinese data hit miners. August figures showed China’s industrial output, consumption, and investment slowing more sharply than expected, fueling bets on further stimulus to support growth in a key market for commodities. On the upside, Sainsbury’s jumped as much as 4.5% to a four-year high after confirming it ended talks to sell Argos to JD.com, citing unfavorable terms. Analysts noted the retailer remains open to a disposal, which could refocus attention on its resilient food business while shedding a struggling unit. The possibility of new suitors emerging for Argos also lifted sentiment.

FTSE 100 Lags Continental Europe

European stocks started the week in positive territory, with the STOXX 50 up 0.6% and the STOXX 600 rising 0.3% to reach three-week highs, as traders brace for a busy week of central bank monetary policy decisions. The Federal Reserve is widely expected to resume interest rate cuts, with a 25 bps reduction fully priced in. Investors will also be watching policy updates from the Bank of England, the Bank of Japan, and the Bank of Canada. Meanwhile, attention remains on France after Fitch downgraded the country’s credit rating last Friday, citing rising government debt, growing political polarization, and concerns over the fiscal outlook. The banking sector led gains, with Rubis soaring more than 7% following reports of takeover interest from CVC Capital Partners and Trafigura. Other lenders also advanced, including Banco Santander (+0.9%), UniCredit (+1%), Intesa Sanpaolo (+1.2%), and BNP Paribas (+1.1%). Among blue chips, LVMH (+1.2%) and ASML Holding (+1.3%) also posted solid gains.

European Stocks Higher

Frankfurt’s DAX 40 index rose 0.4% to 23,790 on Monday, moving closer to its highest level since September 1, as investors weighed Fitch’s downgrade of France’s credit rating and looked ahead to a busy week of central bank meetings. The US Federal Reserve is expected to cut rates by at least 25 basis points on Wednesday, amid concerns over its independence as policymakers balance a cooling labor market with tariff-driven inflation pressures. By contrast, the Bank of England and the Bank of Japan are widely expected to leave policy unchanged. On the corporate front, Rheinmetall gained more than 2% after striking a deal with Bremen-based shipbuilder Lürssen to acquire its military division, NVL. Airbus added over 1% after media reports suggested the company could reach an agreement as early as 2025 on a European satellite alliance with Leonardo and Thales. Supporting the rally, RBC raised its Airbus price target from €200 to €220.

DAX Inches Higher Ahead of Central Bank Week

In Paris,  the CAC 40 Index is picking up 60 points or 0.76 percent on Monday. Gains are led by Kering (2.71%), Thales (2.40%) and LVMH (1.93%). Biggest losers are Edenred (-0.84%), ArcelorMittal (-0.41%) and Dassault Systemes (-0.40%).

The CAC 40 Index Opens 0.76% Higher

The Shanghai Composite fell 0.26% to 3,861 while the Shenzhen Component rose 0.63% to 13,006 on Monday, with mainland markets posting mixed outcomes as investors digested fresh economic data. Both industrial production and retail sales growth undershot expectations in August amid subdued domestic demand and Beijing’s push to rein in overcapacity. The jobless rate also ticked higher, while new home prices extended a decline that began in May 2023, underscoring ongoing property market weakness. On the geopolitical front, US and Chinese officials opened talks in Madrid on Sunday covering national security, trade and economic issues, with discussions also touching on Washington’s demand for Chinese divestment from TikTok. Among individual movers, Victory Giant (-3%) and Cambricon Technologies (-3.2%) fell sharply, while Contemporary Amperex (+9.1%) and Sungrow Power (+2.1%) advanced.

China Stocks End Mixed as Traders Weigh Data

New Zealand's benchmark S&P/NZX 50 index fell 0.2% to close at 13,208 on Monday, following a muted session previously, as investors looked ahead to Q2 GDP data due later this week. The economy is expected to slip back into contraction, with GDP projected to shrink after two consecutive quarters of expansion, suggesting that recent growth momentum may have been short-lived. The forecast is broadly in line with the central bank’s projections and highlights lingering economic challenges. A fresh PMI survey also showed further weakness in the services sector in August, remaining well below its long-term average and extending its contraction streak to 18 months. Sentiment was further weighed by a raft of disappointing data from China, New Zealand’s largest trading partner, posing risks to the export-heavy economy. Across the bourse, losses were led by communication and consumer durables, with Spark NZ (-1.7%) and Chorus (-3.1%) declining, while Vital Limited surged more than 11%.

New Zealand Stocks End Lower

European equities were set to start higher on Monday as risk sentiment improved, with investors looking ahead to an expected rate cut from the US Federal Reserve this week. The Bank of England is meanwhile expected to hold policy steady on Thursday as inflation edges higher, with rate cuts seen resuming in the coming quarters. On the data front, traders will watch the latest Eurozone trade balance and German wholesale prices for August. No major corporate earnings are due today. In premarket action, Euro Stoxx 50 futures rose 0.3% while Stoxx 600 futures added 0.1%.

European Stocks Poised for Higher Open

The BSE Sensex was nearly flat, hovering at 81,882 in morning trade on Monday, following gains in the previous five sessions. Strength in auto, realty, and banking sectors helped offset declines in healthcare, tech, and pharmaceuticals. Traders remained cautious ahead of the Fed’s monetary policy decision later this week, as well as possible trade talks between US President Trump and Indian PM Modi. Markets also await the release of domestic trade and employment data for August, expected later today. Meanwhile, data released last week showed domestic inflation accelerated to 2.07% in August, remaining within the RBI’s tolerance band, which raised hopes for potential rate cuts by the central bank. Investors also digested weaker-than-expected Chinese economic data, with retail sales and industrial production all rising less than anticipated. Bajaj Finance rose 1.4%, Adani Ports gained 0.5%, while Infosys and Sun Pharmaceuticals fell by 1.2% and 0.8%, respectively

Sensex Muted in Early Deals

Hong Kong stocks rose 93 points, or 0.4%, to 26,480 in early trade on Monday, marking gains for the second session. Sentiment was supported by a modest rise in U.S. futures ahead of the Fed’s policy meeting later this week, where the central bank is widely expected to cut rates by 25bps, though some traders are betting on a deeper half-point reduction amid cooling labor markets and mild inflation. Meanwhile, U.S.-China trade talks in Madrid entered their second day, signaling an intensification of diplomacy between the two countries. Tech and consumer names led the gains. However, the upside was capped by weak data from China, showing industrial production growth at its slowest in a year, retail sales growing the least in eight months, and the jobless rate rising to a six-month high.

Hong Kong Equities Kick off Week Higher

The Shanghai Composite slipped 0.2% to around 3,863 while the Shenzhen Component gained 0.9% to 13,040 on Monday, with mainland shares delivering mixed results as investors assessed a batch of economic reports. Data showed that both industrial output and retail sales growth fell short of expectations in August amid soft domestic demand and Beijing’s efforts to curb overcapacity and cut excessive competition. The jobless rate also unexpectedly ticked higher, while new home prices posted their smallest drop in 17 months on the back of government support aimed at easing the prolonged property slump. On the geopolitical front, US and Chinese officials began talks in Madrid on Sunday to address key national security, trade and economic issues. Among notable movers, Victory Giant (-5%) and Cambricon Technologies (-4%) posted steep losses, while Contemporary Amperex (+13.6%) and Sungrow Power (+10.6%) recorded strong gains.

China Stocks Mixed as Traders Digest Data

The benchmark KOSPI rose 0.1% to around 3,401 on Monday, surpassing the 3,400 mark for the first time and holding at record levels, supported by Fed rate-cut bets and relief over domestic tax policy. Expectations that the US Federal Reserve will deliver a 25-basis point rate cut at its meeting this week bolstered global risk appetite, with investors also watching for signals on the pace of further easing. Domestically, the government’s decision to maintain the KRW 5 billion threshold for large shareholder capital gains tax, in line with recent pledges from President Lee, eased concerns over higher burdens and encouraged foreign inflows. On the corporate front, gains in heavyweight chipmakers such as SK Hynix (+0.2%) and Samsung Electronics (+1.9%), backed by optimism over AI-related demand, lent support to the index. Still, profit-taking limited further advances, with losses from LG Energy Solution (-0.1%) and Hyundai Motor (-2.9%).

South Korean Shares Hold at Record

The ASX 200 fell 0.6% to 8,814 on Monday, reversing gains from the previous session, as notable losses in banking and gold stocks weighed on the index. Commonwealth Bank of Australia lost 1.1%, while ANZ Group Holdings fell 0.5% after announcing a A$240 million settlement with the Australian Securities and Investments Commission (ASIC) over breaches across its markets and retail divisions. Gold miners also dragged on the index, with Evolution Mining and Northern Star Resources among the top decliners, plunging 6.1% and 2.2%, respectively. Other notable laggards included CSL Limited (-2%), Block, Inc. (-1.8%), and Macquarie Group (-1.4%). Domestically, the economic calendar is relatively quiet this week, though attention is turning to upcoming Australian employment data and scheduled speeches from RBA officials, which could provide further clues on the central bank’s policy outlook.

Australian Shares Fall as Banks, Gold Stocks Retreat

US stock futures were steady on Monday as investors awaited this week’s pivotal Federal Reserve meeting. Markets are pricing in about a 96% chance of a 25 basis point rate cut on Wednesday and roughly a 4% likelihood of a larger half-point move. The expectations follow recent US data showing a cooling labor market and subdued inflation. Traders are also watching whether Stephen Miran will be sworn in as a Fed governor ahead of the meeting. Last week, the Dow advanced 0.95%, the S&P 500 gained 1.59%, and the Nasdaq Composite climbed 2.03%, with all three benchmarks hitting all-time highs. Sentiment remained underpinned by optimism around artificial intelligence, even as concerns over the economic outlook persisted.

US Futures Flat as Fed Meeting Eyed

The NZX 50 dropped 60 points, or 0.5%, to 13,168 in morning trade on Monday, after being flat in the previous session. This marked the lowest level since September 4, as traders remained cautious ahead of the release of Q2 GDP data later this week. The market expects the country's economy to return to contraction, shrinking by 0.3% (qoq) — in line with the central bank's forecast — after two consecutive quarters of expansion. Caution also prevailed ahead of a slew of data from New Zealand's top trading partner, China, due today, as well as the Fed’s monetary policy decision later this week. On the data front, New Zealand's services sector contracted at the fastest pace in three months, amid sharper declines in sales and new orders. Most sectors traded in the red, led by healthcare, industrials, and financials. Among the biggest laggards were Napier Port Holdings (-1.9%), Fisher & Paykel (-1.8%), ANZ Group (-1.4%), Turners Automotive Group (-1.0%), and Westpac Banking Corp. (-0.7%).

New Zealand Stocks Fall to Begin the Week

ASE increased to 3005.00 Index Points, the highest since November 2008. Over the past 4 weeks, Amman Stock Exchange General Index gained 1.03%, and in the last 12 months, it increased 24.57%.

Stocks in Jordan Hit Near 17-year High

TASI decreased to 10421.00 Index Points, the lowest since October 2023. Over the past 4 weeks, Tadawul All Share TASI Index lost 4.31%, and in the last 12 months, it decreased 12.38%.

Stocks in Saudi Arabia Hit 22-month Low

In New York,  the Dow Jones Index dropped 231 points or 0.50 percent on Friday. Losses were led by Merck (-2.75%), Sherwin-Williams (-2.14%) and Honeywell International (-1.79%). Offsetting the fall, top gainers were Apple (1.82%), Microsoft (1.76%) and Walmart (0.83%).

The Dow Jones Index Closes 0.50% Lower

The Ibovespa fell 0.6% to close at 142,272 on Friday, pulling back from its record as investors weighed the economic fallout from the Supreme Court conviction of former president Jair Bolsonaro, which has raised the prospect of US retaliatory measures such as tariffs or targeted sanctions that could increase the effective cost of Brazilian exports and force a re-pricing of country risk. Bolsonaro was sentenced to 27 years and three months in prison in a historic ruling that also convicted several high-ranking military officers for actions judged to have attacked democratic institutions. The verdict drew heated international reactions, with US Secretary of State Marco Rubio denouncing it as a "witch hunt" and former President Donald Trump calling it "terrible". Financial stocks underperformed, with Banco Santander down 1.1%, Itaúsa off 0.8% and Bradesco down 1.1%, as traders trimmed exposure to names deemed most vulnerable to higher trade costs and political spillovers.

Ibovespa Gives Up Record High

Stocks in the US closed mixed on Friday, with the S&P 500 finishing just below the flatline, the Dow Jones slipping 273 points, and the Nasdaq 100 hitting fresh highs. Investors interpreted soft jobs data and subdued inflation as signs that the Federal Reserve may cut interest rates next week. The Nasdaq rose 0.4%, boosted by a 7.4% jump in Tesla and a 1.7% gain in Microsoft after the company avoided a potential EU antitrust fine, lifting the broader tech sector. Tech and consumer discretionary stocks outperformed, while materials and health care lagged. Traders are largely pricing in a 25-basis-point rate cut at the Fed’s September 17 meeting, with a small chance of a larger half-point reduction given the current economic data. For the week, the S&P 500 gained 1.6%, marking its best performance since early August, the Nasdaq rose 2%, and the Dow advanced 1.1%, posting its first weekly gain in three.

Nasdaq 100 Hits Another Record

The S&P/TSX Composite fell 0.4% to close at 29,284 on Friday as investors paused after two weeks of record-breaking rallies and turned their attention to likely interest-rate cuts from the Bank of Canada and the US Federal Reserve next week. Odds of BoC easing rose after data showed Canada shed about 65,500 jobs in August and the unemployment rate climbed to 7.1%. A US CPI print roughly in line with expectations kept the path to Fed cuts intact, and markets now price about 75 basis points of easing this year, with some participants even wagering on a half-point move next week. Financials, miners and techs led the decline, with Brookfield Corporation down 1.4%, Barrick off 1.2% and Shopify down 1.1%. The TSX nevertheless posted a weekly gain of 0.8%.

TSX Eases From Record High

The S&P 500 and the Nasdaq 100 hit fresh highs in afternoon trading, with tech strength offsetting broader market weakness ahead of next week’s Fed decision. The Nasdaq was up 0.4%, supported by a 6% surge  in Tesla and a 2.1% rise in Microsoft after the company avoided a potential EU antitrust fine, boosting the tech sector. The S&P 500 hovered near flat but still reached a fresh record, while the Dow Jones slipped about 188 points, dragged lower by Goldman Sachs and Sherwin-Williams. Tech, consumer discretionary sectors outperformed while materials and health were among the worst performers. Traders are widely expecting a 25-basis-point rate cut at the Fed’s September 17 meeting, with some also seeing slim odds of a larger half-point cut, as soft jobs data and contained inflation bolster the case for easing.  For the week, the S&P 500 is up 1.6% for its best showing since early August, the Nasdaq has risen 2%, and the Dow is on pace for its first weekly gain in three.

US Stocks Set for Winning Week

European stocks closed marginally lower on Friday as markets continued to assess the outlook on global rates and awaited Fitch's credit rating for France. The STOXX 50 index closed flat at 5,387 and the pan-European STOXX 600 eased 0.1% to 555, weighed by the pharmaceutical sector. Investors were cautious ahead of the possible downgrade to the French credit rating by Fitch due to political instability and its impact on widening deficits. In the meantime, pharmaceutical stocks in Europe sank after Goldman Sachs downgraded Novartis on rising competition from generic brands, pressuring its shares by 3% and driving Roche, AstraZeneca, and GSK to drop over 1%. Yesterday, the  ECB signaled its easing cycle is complete, with President Lagarde noting the bank is now in a “good place” and that growth risks appear more balanced. On the week, the STOXX 50 gained 1.3% and the STOXX 600 advanced 1%.

European Stocks Close Marginally Lower

The FTSE MIB gained 0.3% to close at 42,566 on Friday, after the ECB decided on Thursday to keep interest rates unchanged and maintain an upbeat outlook on growth and inflation, leading traders to scale back expectations for further rate cuts. ECB policymakers flagged uncertainty over trade, energy prices, and exchange rates, keeping future rate options open. S&P Global Ratings placed Mediobanca’s ‘BBB+’ long-term credit rating on CreditWatch negative after Monte dei Paschi di Siena (MPS) secured a 62% stake, citing potential short-term risks despite long-term benefits. MPS (+3.5%) and Mediobanca (+3.4%) led gains, followed by Enel (+0.4%) and Generali (+0.2%), while Stellantis (-1.8%) and Eni (-0.2%) lagged despite higher oil prices.

FTSE MIB Rises as ECB Holds Rates

The CAC 40 closed marginally higher at 7,825 on Friday, loosely extending its winning streak to a fifth session as investors took a breather while bets on a Federal Reserve rate cut next week mounted. US inflation data came in roughly in line with expectations even as jobless claims jumped to a near four-year high, reinforcing the case for imminent easing. The ECB signalled its rate-cut cycle may be over, with President Lagarde saying disinflation has largely run its course and growth risks are more balanced, and markets now await Fitch’s review of France’s sovereign rating after the close. Defence group Thales led gainers, up 2.8% as the Russia–Ukraine war intensified, while Schneider Electric (+1.0%), Kering (+0.9%) and Capgemini (+1.6%) also advanced. Luxury names Hermès (-1.0%), L’Oréal (-0.7%) and EssilorLuxottica (-0.7%) underperformed. Euronext will replace TP (formerly Teleperformance) in the CAC 40 from Monday, September 22nd.

CAC 40 Edges higher

The Ibovespa struggled to hold the 143,000 mark on Friday as investors assessed the impact of former president Jair Bolsonaro’s conviction. Bolsonaro was sentenced to 27 years and 3 months in prison in a historic ruling that also convicted high-ranking Armed Forces officers for attacking democracy. The verdict drew international reactions, with US Secretary of State Marco Rubio calling it a “witch hunt” and Donald Trump labeling it “terrible,” though without signaling new sanctions. Trump had already raised tariffs on Brazilian products in July, partly citing Bolsonaro’s trial. Major banks fell (Itaú Unibanco -1.3%, Bradesco -0.5%), extending the poor momentum for the sector on risks of tariffs and sanctions from the US on retaliation for Bolsonaro's conviction. In turn, commodity giants rose with Petrobras and Vale edging higher.

Ibovespa Slips as Bolsonaro Conviction Roils Markets

The S&P/TSX Composite struggled for direction around the 29,410 mark on Friday as investors paused after two weeks of record breaking rallies and turned their attention to the prospect of interest-rate cuts from the Bank of Canada and the US Fed next week. Odds of BoC easing rose after data showed Canada shed about 65,500 jobs in August and the unemployment rate climbed to 7.1%. A US CPI print roughly in line with expectations kept the path to Fed cuts intact, and markets now price roughly 75 basis points of easing this year, with some participants even betting on a half-point move next week. Energy names led gains after a reported Ukrainian drone strike halted loadings at Russia’s Primorsk oil terminal, tightening nearby supply and redirecting demand toward alternative suppliers, while tech and financials lagged. The TSX nevertheless looked set to log weekly gains of just over 1%.

US stocks fluctuated on Friday, with the major averages oscillating between modest gains and losses as investors paused following record highs in the prior session. A CPI report that came in roughly in line with expectations reinforced bets that the Fed has room to resume rate cuts this year, beginning with a likely 25bps reduction in the fed funds rate next week. Traders expect the equivalent of two to three quarter-point cuts by year-end. The day’s calendar is light, with only preliminary September estimates for the University of Michigan’s consumer sentiment survey on tap. Energy and tech sectors were in the green while materials and health were among the worst performers. Megacap stocks traded mixed: Microsoft (0.9%), Apple (0.1%), Broadcom (0.4%), and Amazon (0.2%) while Nvidia and Alphabet were little changed and Meta fell 0.6%. Meanwhile, Super Micro Computer jumped more than 3% after announcing the launch of its Nvidia Blackwell Ultra solutions.

US Stocks Waver

US100 increased to an all-time high of 24035.00 Index Points. Over the past 4 weeks, US 100 Tech Index gained 0.6%, and in the last 12 months, it increased 22.95%.

Stocks in United States Hit All-time High

US futures hovered near the flatline on Friday, as traders paused after the three major indexes notched fresh record highs in the previous session. A CPI report that came in roughly in line with expectations reinforced bets that the Federal Reserve has room to resume rate cuts this year, beginning with a likely 25-basis-point reduction in the fed funds rate next week. Traders expect the equivalent of two to three quarter-point cuts by year-end, with some even wagering on a larger half-point move next week. The day’s calendar is light, with only preliminary September estimates for the University of Michigan’s consumer sentiment survey on tap. In premarket trading, megacap stocks traded mixed: Nvidia (0.2%), Microsoft (1.3%), Broadcom (0.4%), and Alphabet (0.4%) gained, while Amazon and Meta were little changed and Apple declined 0.5%. Meanwhile, Super Micro Computer jumped more than 6% ahead of the opening bell after announcing the launch of its Nvidia Blackwell Ultra solutions.

Breaking News

Follow what's happening with real-time updates from around the world.

Ibovespa Hits Record High

TSX Sets Fresh Record High

Nasdaq 100 Extends Record High

S&P 500, Nasdaq Start Week on Record Run

Stocks in Brazil Hit All-time High

The FTSE MIB Index Closes 1.14% Higher

The CAC 40 Index Closes 0.94% Higher

FTSE MIB Rises Ahead of Fed Meeting

DAX Ends Slightly Up

European Stocks Close Sharply Higher

FTSE 100 Falls Led by AstraZeneca

Stocks in Ghana Hit All-time High

Ibovespa Rises on Focus Projections and IBC-Br Data

TSX Struggles for Direction

US Stocks Kick Off the Week Higher

Turkish Stocks Gain After Court Postpones Opposition Ruling

US Futures Rise, Tesla Soars

Sensex Snaps 5-Day Winning Run

Hang Seng Rises Slightly at Finish

French Stocks Open Higher Despite Fitch Downgrade

FTSE MIB Rises to Near 3-Week High

FTSE 100 Lags Continental Europe

European Stocks Higher

DAX Inches Higher Ahead of Central Bank Week

The CAC 40 Index Opens 0.76% Higher

China Stocks End Mixed as Traders Weigh Data

New Zealand Stocks End Lower

European Stocks Poised for Higher Open

Sensex Muted in Early Deals

Hong Kong Equities Kick off Week Higher

China Stocks Mixed as Traders Digest Data

South Korean Shares Hold at Record

Australian Shares Fall as Banks, Gold Stocks Retreat

US Futures Flat as Fed Meeting Eyed

New Zealand Stocks Fall to Begin the Week

Stocks in Jordan Hit Near 17-year High

Stocks in Saudi Arabia Hit 22-month Low

The Dow Jones Index Closes 0.50% Lower

Ibovespa Gives Up Record High

Nasdaq 100 Hits Another Record

TSX Eases From Record High

US Stocks Set for Winning Week

European Stocks Close Marginally Lower

FTSE MIB Rises as ECB Holds Rates

CAC 40 Edges higher

Ibovespa Slips as Bolsonaro Conviction Roils Markets

TSX Struggles for Direction

US Stocks Waver

Stocks in United States Hit All-time High

US Futures Cautious