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Latest Market News

Stay informed with the latest developments in the financial markets.

US home sales rise in September but remain below historical norms

In September 2026, U.S. home sales increased by 1.5% from the previous month to a seasonally adjusted annual rate of 3.99 million units. However, this marked a 2.2% decline compared to the same period last year, reflecting a continued slump in the housing market due to rising mortgage rates and home prices.

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Big banks report strong Q3 profits but warn of future challenges

Major U.S. banks, including JPMorgan Chase, Citigroup, Wells Fargo, and Goldman Sachs, reported higher profits in Q3 2026. However, CEOs cautioned about potential challenges ahead, citing high interest rates, persistent inflation, and geopolitical uncertainties.

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US stocks edge back from record highs amid mixed earnings reports

Major U.S. stock indexes slightly retreated from record highs following the release of mixed earnings reports. The S&P 500 edged down by less than 0.1%, the Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite dipped 0.2%. Individual stocks like Goldman Sachs and UnitedHealth Group experienced notable volatility.

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