October 12 Financial Breakfast: Dip-buyers enter the market as gold hits a one-week high; dual disruptions from hurricanes and U.S.-Iran tensions support oil prices
On Monday (October 12, Beijing time), during the early Asian session, spot gold traded near $4,186.42 per ounce, supported by bargain-hunting after hitting a one-week high of $4,207.57 per ounce
As the yield on the 10-year U.S. Treasury note approaches 5.4%, the AI hype fails to mask concerns about the S&P 500's "hollow strength."
Behind the S&P 500's record high, only 30% of its constituents have risen above their 50-day moving average—a mark that represents the weakest breadth since 1990. Meanwhile, the Russell 2000 has
As Yields Surged, Small-Cap Stocks Were Hit Hard -- WSJ
By Vicky Ge Huang As bond yields march higher, small companies are taking the brunt of the damage. The Russell 2000 index, which tracks shares of smaller companies, fell for a fifth-straight week,
Small-Cap Stocks Took a Big Hit. Why It's Time to Buy the Dip. -- Barrons.com
By Alex Rosenberg Small-caps are spinning out. It's time for traders to kick the tires. The year started so well for long-beleaguered small-caps. In the first half of 2026, the small-cap Russell 2000
Bond Yields Fell, as the Treasury Market Passed a Crucial Test of Investor Confidence
By Joy Wiltermuth The 30-year Treasury bond still matters, as it can be a measure of trust in the U.S. government Treasury Secretary Scott Bessent speaks at the White House this week. The U.S.
Express News | European bank stocks plunge as risk sentiment weakens in European and US markets
Deutsche Bank strategists stated, “Widening bond spreads and resurging inflation concerns made for a difficult day for risk assets.” The downturn was particularly pronounced in European markets, with the STOXX 600 Index falling 1.00%, ending a three-day winning streak; the French CAC 40 Index dropped 1.22%, and the Italian FTSE MIB Index declined 2.51%. European bank stocks fell 3.38%, marking the steepest decline among sectors. “This weakness also spread to the US market, with the S&P 500 Index dipping 0.22% from the record high set the previous day. Although the index’s losses narrowed as trading progressed, underlying pressure remained evident, with nearly three-quarters of its constituents closing lower. Industrial and materials stocks fell 2.14% and 1.53%, respectively, with cyclical sectors showing particular weakness. Technology stocks demonstrated relative resilience, limiting declines in the Nasdaq Composite and the ‘Mag 7,’ which fell 0.22% and 0.20%, respectively. However, the small-cap Russell 2000 Index dropped 1.31%, hitting a four-month low.”