Flash News

TREE NEWS reports: Japan’s Nikkei 225 index extended its intraday gain to 2%, while the broader Topix index widened its advance to 1%. The move marked a sharp session of strength for Japanese equities.

TREE NEWS reports: Japan’s Nikkei 225 opened up 1.2% on Thursday. South Korean stock markets were closed for the day. No further details on the drivers of the move were provided.

TREE NEWS reports: US stock futures moved modestly higher on Tuesday, with Nasdaq 100 futures gaining 0.3%. The slight advance in equity futures pointed to a marginally firmer open for US markets.

TREE NEWS reports: Schneider Electric is in talks to acquire US-listed software developer PTC Inc. for roughly $20 billion, with an announcement expected as soon as Monday. The deal, if completed, would rank among the largest acquisitions by the French industrial group.

TREE NEWS reports: Bank of America chief investment strategist Michael Hartnett warned that current market structure closely mirrors the six months before the March 2000 dot-com peak, when tech gained over 40% while consumer staples fell 30% and every sector outside tech and telecom declined. He said 400 S&P 500 constituents have fallen below their 50-day moving average and 300 below their 200-day, with gains concentrated in AI-linked Mag7 names, and told clients to start adding bonds, calling it ‘buy humiliation’ with the 10-year Treasury yield at 5.33%.

TREE NEWS update: Elon Musk said talks over TSMC’s potential involvement in the Terafab project are only at the discussion stage, but “could make progress.” TSMC is reportedly exploring cooperation with the SpaceX- and Tesla-backed venture and weighing Terafab as a major future customer of its Texas wafer fab. Musk responded to the reports on social media.

TREE NEWS update: Coinbase Chief Accounting Officer Jennifer Jones notified the company on September 29 of her decision to retire. Jones will remain in her role until a successor takes over, and Coinbase has begun a search for her replacement.

TREE NEWS reports: FTSE China A50 index futures ended the night session up 0.14% at 13,830 points. The move extends the contract’s overnight trading, which tracks the 50 largest A-share companies listed on the Shanghai and Shenzhen exchanges.

TREE NEWS reports: US equity futures finished higher in New York late trading on Friday, October 2, a nonfarm payrolls day. S&P 500 futures closed up 0.73%, Dow futures gained 0.52% and Nasdaq 100 futures rose 0.97%. Russell 2000 futures added 0.74%.

TREE NEWS update: Qualcomm filed a prospectus with the U.S. Securities and Exchange Commission to offer up to an additional 25 million shares of its common stock. The filing covers the potential sale of as many as 25 million common shares. No pricing, timing or use of proceeds was disclosed in the material.

TREE NEWS reports: The Bloomberg Electric Vehicle Price Return Index rose 0.63% on Friday, October 2, closing at 3,144.41 points. For the week, the index fell 1.73%, with sustained declines on September 28-29 followed by narrow-range, low-level trading.

TREE NEWS reports: Ten of the S&P 500’s 11 sectors closed higher, with consumer discretionary up 1.38% and information technology up 1.06%. Materials gained 1%, while health care was the lone decliner, off 0.04%. The broad advance left only one sector in the red for the session.

TREE NEWS reports: US sector ETFs closed broadly higher on Friday, October 2, with the semiconductor ETF up 2.07%. The global tech index ETF, regional bank ETF, consumer discretionary ETF, banking ETF and tech sector ETF gained as much as 1.42%, while the internet stock index ETF rose 0.84% and the energy ETF added 0.19%. The healthcare ETF and biotech index ETF fell as much as 0.33%.

TREE NEWS reports: Emerging-market ETFs closed up 1.29% on Friday, October 2, leading US asset-class ETF gains alongside the Nasdaq 100 ETF’s 1.02% rise. The Barclays US convertible bond ETF added 0.98%, the Russell 2000 ETF 0.9%, the S&P 500 ETF 0.74% and the Dow ETF 0.49%. The US dollar index long fell 0.24%, the 20+ year Treasury ETF 0.3%, the gold ETF 0.68% and the VIX long 2.19%.

TREE NEWS reports: SpaceX closed up 7.4%, its largest single-day gain since August 12. The move marks the sharpest one-day advance for the Elon Musk-led space exploration company in roughly two months.

TREE NEWS reports: US stocks closed higher on October 3, with the Dow up 0.51%, the Nasdaq up 0.99% and the S&P 500 up 0.71%. SPCX rose 7.29% and Tesla (TSLA) gained 4.43%, while Coinbase (COIN) fell 3.18%, Circle (CRCL) dropped 2.41% and SanDisk (SNDK) declined 3.88%. AMD added 2.91%.

TREE NEWS reports: The Nasdaq Golden Dragon China Index closed down 2.09% at 5,519.24, sliding through the New York morning before trading in a narrow low range, and ended the week 2.97% lower. The KraneShares China Internet ETF (KWEB) fell 1.93%, down 2.93% for a second straight weekly decline, while the Invesco China Technology ETF (CQQQ) dropped 1.3% and lost 5.32% on the week.

TREE NEWS reports: On the day the US released its nonfarm payrolls report, the S&P 500 fell about 0.2% cumulatively while the Dow dropped 1.2% and the Nasdaq 100 gained 0.6%. The Philadelphia Semiconductor Index rose 3.8% and a memory-chip index jumped 10.8%, while the Philadelphia Bank Index fell 2.7% and the biotech index lost 1.9%. In preliminary close, the S&P 500 gained 0.7% and the Nasdaq 100 rose 1%, with Teradyne up 8.1% and SpaceX up 7.6%.

TREE NEWS reports: The Hang Seng Index main futures contract closed down 0.21% at 23,831 in overnight trading. The Hang Seng Tech Index main futures contract closed 0.36% lower at 4,131.

TREE NEWS reports: Nomura Securities raised its earnings forecast for Alibaba, citing confidence in the company’s AI cloud business. The upgrade reflects the brokerage’s more bullish view on Alibaba’s cloud and artificial intelligence operations. No specific figures for the revised estimates were given.