Flash News

TREE NEWS update: Porsche unveiled the Mission S, a mid-engine supercar concept positioned above the 911, as part of CEO Michael Leiters’ plan to push the brand further upmarket and restore profit margins. The car can accommodate hybrid or pure combustion power and will be priced “far above” the 911. Porsche aims to challenge Ferrari in the high-end segment, prioritizing scarcity and pricing power over sales volume.

TREE NEWS reports: At the Thursday (Oct. 15) close in New York, S&P 500 futures finished up 0.24% and Dow futures rose 1.08%, while Nasdaq 100 futures fell 0.30%. Russell 2000 futures gained 1.38%.

TREE NEWS reports: MSCI’s emerging markets equity index fell 3.1%, hitting its lowest level since July, while South Korea’s Kospi slid 7.6% to enter a bear market for the second time this year. A developing-nation currency index dropped 0.3%.

TREE NEWS reports: US municipal bonds rallied across the curve on Thursday, with the benchmark 10-year muni yield falling 16 basis points to 3.74% by 4pm New York time — the largest single-day drop in 18 months. The 30-year benchmark yield dropped 15 basis points to 4.97%, also the biggest decline since April 2025. Treasuries of the same maturities rose in tandem as traders sold AI-related stocks and moved into safe havens.

TREE NEWS update: MSCI has frozen certain index-related adjustments for Turkish equities, citing concerns over coordinated trading in the Turkish market. The index provider said institutional investors need to see credible and sustained enforcement action against such trading. It will not raise the foreign inclusion factor or share counts, will not add new stocks to the MSCI Turkey Investable Market Index, and has paused migration of stocks to higher market-cap size segments. If no progress is made by June 2027, MSCI said it may consider further measures.

TREE NEWS update: MSCI has frozen its Turkey index, the index provider said. A final decision on the Indonesian market will be made before the end of June 2027. No further details or reasons for the freeze were given.

TREE NEWS reports: US sector ETFs closed mostly higher on Thursday, October 15, with the global airlines ETF up 2.79% and the biotech index ETF up 2.05%. Healthcare, regional banks and consumer discretionary ETFs gained as much as 1.86%, while tech ETFs fell 0.65%, global tech equities slipped 0.84% and semiconductors dropped 1.04%.

TREE NEWS reports: On Thursday, October 15, gold ETFs rose 1.79%, while the 20+ Year Treasury Bond ETF and Russell 2000 ETF each gained 1.37%, the US Real Estate ETF added 1.21% and the Dow ETF climbed 1.08%. Barclays US Convertible Bond and US Investment-Grade Corporate Bond ETFs rose as much as 0.91%. The Nasdaq 100 ETF slipped 0.13%, the Brent oil fund fell 0.31%, the US Dollar Bullish Index dropped 0.41%, the Emerging Markets ETF lost 0.67% and the soybean fund fell 0.92%.

TREE NEWS reports: The Bloomberg Electric Vehicle Price Return Index fell 1.92% on Thursday, October 15, closing at 2,991.61 points. The decline marked a down session for the gauge tracking electric-vehicle-related equities.

TREE NEWS reports: Alcoa reported third-quarter sales of $3.7 billion, below the $3.76 billion analysts expected. Adjusted EBITDA came in at $789 million versus a $738.4 million consensus, and adjusted earnings per share were $1.82 against an expected $1.49. The results show profitability ahead of forecasts even as revenue fell slightly short.

TREE NEWS reports: Caterpillar closed down 1.78% at $735.64, leaving the industrial bellwether about 30.8% below its record closing high set on June 30. The decline marks one of the largest drawdowns for the stock since that peak.

TREE NEWS reports: Dell Technologies closed down 6.9% and Hewlett Packard Enterprise closed down 7.1%, the two enterprise hardware makers both ending the session sharply lower. No further details on the moves were provided.

TREE NEWS reports: CoreWeave shares closed 5.9% higher, ending a three-session losing streak. The gain marks the AI cloud computing company’s first advance after three consecutive down days. No other figures or dates were disclosed.

TREE NEWS reports: The Nasdaq Golden Dragon China Index closed up 1.96% at 5,770.91, with US stocks rising sharply in early trading before trading in a narrow, elevated range for most of the session. Among Chinese ADRs, Baozun gained 9.7%, Yatsen rose 5.4%, Xiaomi added 5.1% and New Oriental climbed 4.9%, while NIO, JD.com, NetEase and XPeng rose as much as 2.7%. KWEB closed up 0.41% and CQQQ slipped 0.05%.

TREE NEWS reports: The S&P 500 closed provisionally up 0.3%, led by healthcare’s 2.1% gain, with materials, financials and consumer discretionary each up at least about 1.2%. Energy fell about 1.6% and tech lost 0.5%. The Nasdaq 100 slipped 0.1%, as AppLovin rose 6.7%, Autodesk and Intuit gained 6.2%, CoreWeave added 5.9% and Strategy rose 5.4%, while Nvidia fell 1.8%.

TREE NEWS update: Cboe Options Exchange (C1) will add pre-market and post-close sessions for select stock and ETF options starting Monday, letting contracts on Alibaba, TSMC, Nvidia, Apple and Tesla trade from 7:30 a.m. to 9:25 a.m. ET and for 15 minutes after the regular close. The list also covers the Magnificent Seven plus AMD, Broadcom, Intel, Micron, Oracle, Marvell, SanDisk, Palantir and Robinhood.

TREE NEWS update: At least six Indian asset managers, including Tata Mutual Fund, ICICI Prudential AMC, HDFC Mutual Fund, Aditya Birla Sun Life AMC and DSP, filed disclosures late Thursday restricting investor subscriptions to gold exchange-traded funds and related fund-of-fund products. Tata Mutual Fund said its temporary cap on large subscriptions to its gold ETF fund-of-fund starts October 16 and lasts until further notice. The companies gave no reason; the moves follow a weaker rupee and persistent demand for precious-metals exposure via ETFs.

TREE NEWS update: Nasdaq said an issue affecting some of its data feeds has been resolved, after earlier warning clients of an outage. In a notice issued at 2:25 p.m. ET on Thursday, the exchange operator said the “intermittent data missing” problem had been fixed.

TREE NEWS reports: The Hang Seng Index main futures contract closed its night session up 0.88% at 24,274 points. The Hang Seng Tech Index main futures contract closed the same session up 1.28% at 4,114 points.

TREE NEWS reports: Aixtron SE reported preliminary third-quarter revenue of about €184 million, ahead of analysts’ €182 million estimate. Orders received and operating profit also significantly exceeded analyst expectations, the German-listed company said. The preliminary figures cover the third quarter.