Why is CG Oncology stock surging today?

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• BOJ chief Ueda sees 'some upside risks' to inflation

  Speaking at an International Monetary Fund seminar, Governor Kazuo Ueda explained that higher energy costs are beginning to filter into consumer prices, likely quickening inflation into early next year. While domestic wage growth matches the Bank of Japan's 2 percent target, achieving a durable shift remains the key priority because this price growth has not yet established itself as a social norm. Consequently, policymakers are watching global rate adjustments that sway currency levels and domestic conditions.

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• Gold, silver turn volatile after strong US jobs data, but remain on track to snap multi-week losing streaks

  Strong economic indicators and a surging U.S. dollar dampened precious metal demand on Friday as investors priced in tighter monetary policy. Surpassing labor projections bolstered expectations for an upcoming Federal Reserve interest rate increase, driving daily market pullbacks. Even with the late-week drop, both metals preserved substantial weekly gains to halt their extended downward trends.

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• Why is Globus Medical stock plunging today?

  Investors are watching shares of the medical device manufacturer face significant downward pressure during current market trading. While the sharp drop has impacted the company's valuation, specific operational or market drivers behind the sudden downturn remain undisclosed. Market participants are left without clarity regarding the exact catalysts sparking the severe negative reaction.

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