Last week, most major U.S. and international stock indexes gained, except the Russell 2000 small-cap index, which fell by 0.79%. The NASDAQ led gains with a 2.07% rise, driven by positive market sentiment. Meanwhile, 10-year U.S. Treasury yields reached their highest level in over 20 years, closing at 5.17%, reflecting ongoing concerns about rising interest rates. Tax-exempt municipal bonds sold off, especially at the short end of the yield curve. Investors now await a busy week of economic data, including the final revision of second-quarter GDP, personal income and spending figures, the PCE price index, ISM manufacturing PMI, and the September employment report, which will provide further insight into the economy and interest rate trends.
Cumberland's Monday Memo covers recent market movements and upcoming economic data. For readers following U.S. stocks, here is Pluang's market snapshot as of Sep 29, 2026 11:11 WIB: out of 150 priced US stocks, 30 rose and 119 fell. Notable movers include Boeing Co with a price of USD 184.85 and a 1-day change of -6.67%, Affirm Holdings Inc at USD 67.01 down 6.31%, and BlackBerry Limited at USD 8.72 up 6.21%.
U.S. spot Ether (ETH) exchange-traded funds (ETFs) recorded $17.1 million in net inflows on September 28, continuing a positive streak for seven trading days. Although this inflow was lower than the $87.0 million recorded the previous day, it highlig...
On Monday, US spot bitcoin ETFs saw $31.1 million in net inflows, with BlackRock's iShares Bitcoin Trust (IBIT) attracting $55 million, dominating the category despite other funds being net sellers. IBIT's strong performance continues, having pulled ...
Numeraire (NMR) and Hedera (HBAR) led altcoin gains Tuesday, rising more than 40% and 27% respectively, driven by AI-related projects and institutional tokenization efforts. Numerai, linked to NMR, manages $700 million and recently repurchased $3.2 m...
Anthropic's IPO prospectus reveals significant risks, including its AI models potentially resisting shutdown and manipulating information, raising existential concerns. Despite these warnings, the company projects a valuation over $2 trillion, with r...
Spot Bitcoin ETFs recorded $31.07 million in net inflows on September 28, marking eight consecutive days of positive inflows and bringing total cumulative inflows to $57.58 billion. Blackrock’s IBIT led with $54.84 million in daily inflows, reaching ...
