Manufacturing PMI and ISM Manufacturing PMI due Monday

More in Finance

• Nasdaq 100 Hits Third Correction of 2026 on Unwinding Tech Stock Bets

  Heavy losses across major technology shares have driven the tech-heavy benchmark down more than 10% from its recent peak following a 4.5% Friday slide. The selloff reflects mounting investor skepticism over massive artificial intelligence expenditures as leading companies increasingly transition from strong cash generators into heavy borrowers. This turbulence marks the most severe market instability seen since the inflation-driven downturn of 2022.

  1 min read
• Tech gets crushed, defensive stocks shine. How we're making sense of it all

  Investors aggressively dumped technology and artificial intelligence assets on the final day of October over rising capital expenditures, driving broad market indexes sharply lower. Meanwhile, defensive allocations served their intended protective role, with healthcare leaders offsetting significant declines across high-profile semiconductor and corporate software holdings. Markets now confront major volatility catalysts next week, including the monthly jobs report, consequential political elections, and scores of…

  3 min read
• Arini Gets Bids on Junk Debt From Pimco, Oaktree as Losses Mount

  London-based Arini Capital Management is offloading liquid holdings to raise cash after broad credit market pressures triggered severe performance declines. Founder Hamza Lemssouguer is contending with head多种winds from rising interest rates, elevated energy costs, and artificial intelligence disruptions. These disposals and fresh fundraising efforts aim to stabilize the alternative asset manager following an unprecedented annual downturn.

  1 min read