A second candidate named Dan Sullivan on the Alaska Senate ballot has triggered criminal probes and a court fight. Here is what is known so far, per The Wall Street Journal.
The average 30-year US mortgage rate slipped to 7.24%, extending its decline for a second week. Freddie Mac data, as reported by WSJ and Seeking Alpha.
Third-quarter US GDP grew 3.4% annualized, beating estimates, as AI spending surged; Oxford Economics warns growth leans heavily on business investment.
Marex economist Ivan Colhoun expects the RBA may hold off on a sixth hike after next week's meeting, waiting for October inflation data before deciding.
HKMA kept its base rate at 4.25% on Thursday, matching the Federal Reserve's hold. The Hong Kong dollar stays inside its 7.75-7.85 band against the US dollar.
Brent fell toward $114 a barrel as fresh Iran diplomacy eased strike fears, while gold declined after the Fed held rates steady and gave little guidance.
The Fed kept its 3.75%-4% target range and changed its meeting schedule, while Alphabet results disappointed. Nasdaq 100 futures fell 1.2%, according to Stocktwits.
The Federal Reserve held its key rate at about 3.9% on Wednesday as inflation stays elevated, with two officials backing a further hike, Moody's reports.
The Federal Reserve kept rates unchanged while two dissenters wanted a hike. The 10-year Treasury yield rose to 5.044% as US stocks ended mostly higher.