The stock market today turned lower as the Dow fell 1.1% and the 30, year Treasury yield hit 5.7%, its highest since 2002, ahead of Fed minutes on rate policy.

The yen near 158.4 per dollar, an eighth straight rise in real wages and 5.3% U.S. 10, year yields shape the outlook for BOJ interest rates and global markets.

A Gulf of Mexico storm is set to become 2026's first Atlantic hurricane, putting about 15% of U.S. crude output at risk as Brent holds near $101 a barrel.

Fed September minutes land at 2pm ET as October hike odds drop below 25%, leaving the fed rate path and a possible December increase in focus for investors.

Vistra (VST) rallied about 11% after the Energy Department offered a $4.2 billion conditional loan to upgrade nuclear plants in Pennsylvania and Ohio.

Nvidia (NVDA) trades at a record $238.90, about 4% short of a $6 trillion market cap, after a record $150 billion buyback; options price even odds by Oct. 30.

AMD shares jumped about 4% to a record near $657 after Citi lifted its target to $800, betting AI agents like Meta's Muse will spark a server CPU boom.

Meta (META) shares are up nearly 20% since the Sept. 8 Muse AI agent launch, and Wells Fargo lifted its target to $1,000 from $796, implying 35% upside.

The S&P 500 closed at a record 7,818.93 and the Nasdaq at 27,599.79 as falling yields and oil lifted tech ahead of next week's third, quarter bank earnings.

Trump signed a law allowing tariffs of up to 100% on top buyers of Russian oil and gas, including China and India, with a key decision due by Oct. 18.

Marvell Technology stock surged as much as 10% after the chipmaker lifted its fiscal 2028 revenue goal to $20 billion and set a $70, 90 billion fiscal 2031 range.

Trump is "thinking about" pausing the 18.4, cent tax, but Congress is out until after the midterms.

6 sources

Brent crude (BZ=F) is up 0.75% as Chevron, Shell and BP pull workers from Gulf platforms ahead of Isaias

BZ=F · CVX · SHEL:NYSE · BP:NYSE · 6 sources

Intel (INTC) CEO Lip, Bu Tan says the chipmaker stays in Terafab, and shares rose 2% before Wednesday's open.

INTC · TSM · 5 sources

Dow Jones Industrial Average (^DJI) slid as the 30, year yield reached 5.73% before the Fed minutes

^DJI · ^GSPC · ^IXIC · 6 sources

Vinci (US) raised $250M at a $1.5B valuation, led by Advent, Temasek and Xora, for AI physics simulation software for chip and hardware design.

ElevenLabs closed a $300M employee tender offer at a $22B valuation, double its February valuation. Wellington and T. Rowe Price co-led it, and the company is targeting IPO readiness by 2028.

FieldAI (US) raised $700M for a general-purpose "brain" for robots and drones. Reported valuations range from $6.5B to $10B, and it is unclear who led the round.