Usa Financial News

Nifty 50 closing below 19,500 level. investors will now focus on the Reserve Bank of India (RBI) monetary policy decision to be announced on Friday and the upcoming corporate earnings season. “We expect weakness to persist in the market in the coming weeks till the headwinds recede.

Bitcoin miners Marathon Digital, Riot Platforms, and CleanSpark recorded strong Bitcoin production increases in September, leading to a small boost in share prices on Oct. 4.

Key Takeaways

global markets, as the continued surge in the US benchmark 10-year bonds to a 17-year high resulted in risk-off sentiment intensifying. Foreign portfolio investors dumped shares worth ₹4,424 crore during the day, with bank and auto stocks facing the biggest brunt of the selloff. The Sensex dropped 286 points, or 0.4%, to close at 65,226.

Bloomberg Index Services (BISL) will be holding advisory meetings for the Bloomberg Fixed Income Index in Asia, Europe, and the US this month and the next to discuss, besides other items, the eligibility of Indian sovereign bonds for inclusion in the benchmark being referenced by investors globally to buy bonds. The move comes barely two weeks after JP Morgan included India in its Global Government Bond Index-Emerging Markets (GBI-EM) global index suite starting June 2024. «BISL will be conducting the Bloomberg Fixed Income Index Advisory Councils (the „IACs“), in the US, Europe and Asia in October and November.

Spider-Man: Across the Spider-Verse" will be releasing on Netflix soon for the streaming giant's subscribers in the US. The Sony Animation’s film has already been added for viewers in India, as per a report. «Spider-Man: Across the Spider-Verse» became one of the top grossers if 2023 during its theatrical run. From September 5, 2023, physical and VOD rollout started. «Spider-Man: Across the Spider-Verse» is expected to be added for viewers for the US by November, 2023, as per the report on WhatsOnNetflix. Meanwhile, Netflix is planning to raise the price of its ad-free service after the ongoing Hollywood actors' strike ends, the Wall Street Journal reported on October 3, sending the streaming company's shares up more than 3 per cent. Netflix is discussing raising prices in several markets globally, but will likely begin with the United States and Canada, the WSJ reported, citing people familiar with the matter. It was not immediately clear how much Netflix will raise prices by or when exactly the new prices will take effect, according to the report. Netflix declined to comment on the report. Netflix cut prices of its subscription plans in some countries in February. In the same month, it laid out a plan to crack down on password sharing by subscribers that was rolled out in over 100 countries in May.

Tony Awards are relocating to the Upper West Side, landing at the David H. Koch Theater within Lincoln Center.

G20 finance ministers and central bankers, under India’s presidency, in Marrakech next week, the Development Committee of the World Bank has proposed the creation of additional annual lending capacity of more than $100 billion over the next decade for the multilateral lender to run a more inclusive agenda on climate change and poverty alleviation. The final recommendations of the joint ministerial committee of the boards of governors of World Bank and the International Monetary Fund reflect suggestions made by the Independent Expert Group set up by the G20 co-chaired by 15th Finance Commission chairman N.K.

The ASX says it will not allow Magnis Energy Technologies to trade on the exchange after auditors raised concerns about the company’s finances.

By Chris Prentice and Andrew Goudsward

By David Shepardson

By Steve Holland

Investing.com — {8830|Gold}} can’t seem to put in a positive close these days, even when the dollar and Treasury yields are in retreat.

By Daniel Wiessner

The prosecuting attorneys in the criminal case against former FTX CEO Sam Bankman-Fried, also known as SBF, have started to call witnesses.

Despite positive developments like the launch of futures-based Ether ETFs and a UAE Dirham-based stablecoin driving digital asset adoption, Bitcoin (BTC), the world's most valuable cryptocurrency, failed to stop its losing streak and is currently trading below the $28,000 mark. 

XRP ($XRP), the cryptocurrency that powers the XRP Ledger that was launched by US fintech company Ripple Labs back in 2011, has been back in the headlines on Wednesday.

Blue chip cryptocurrencies are mixed, with Bitcoin (BTC) flat just above $27,500 and Ether (ETH) about 1% lower, having recently slipped under $1,650.

Yesterday, an online investigator, known by the X username @BoringSleuth, released allegations against cryptocurrencies Tron and Ethereum, suggesting links to criminal activities and the Chinese Communist Party (CCP). 

«Making Money» host Charles Payne discusses the impact of the expansion of the UAW strikes.