Gold prices declined as US 10-year Treasury yields rose to 5.139%, the highest since 2007, driven by strong PMI data signaling a likely Federal Reserve rate hike in October with odds rising to 77.5%. Despite rising crude oil prices, which usually support gold as an inflation hedge, the appeal of higher yields in government bonds is pressuring gold lower. Fed officials reinforced expectations for further rate hikes to control inflation. Upcoming US jobless claims and new home sales data could influence market direction, but for now, gold remains under pressure amid a stronger rate trade environment.
Gold price movements provide context for Pluang's market snapshot as of Sep 24, 2026 18:12 WIB: among 150 priced US stocks tradable on Pluang, 47 rose and 98 fell. Notable movers include INTC at USD 118.96 with a 1-day change of -2.97% and a typical hold time of 116 days, UMC at USD 24.00 down 2.76% with an 81% sell order activity, and SHOP at USD 138.50 down 2.70% with 78% sell order activity.
Jefferies Financial Group is expected to report a third-quarter revenue of $2.21 billion, marking an 8.1% increase year-over-year, signaling strong sales growth. However, earnings per share (EPS) are forecasted to decline slightly by 1% to around $1....
BMO Capital analyst Daniel Jester lowered the price target for Paychex to $113, reflecting caution despite the company's slight earnings beat with $1.63 billion revenue and $1.34 non-GAAP EPS. The stock dropped 8.77% as investors focused on lower GAA...
General Mills reported a 3% decline in sales to $4.40 billion, partly due to selling its U.S. yogurt business, causing adjusted gross margin to fall to 33.3%. Despite this, the company beat earnings expectations with adjusted EPS of $0.75, helped by ...
Jefferies raised Okta's price target from $200 to $240, reflecting a 16.87% potential gain as the company shifts focus to AI security. Okta aims to secure AI agents, a market CEO Todd McKinnon believes could outgrow traditional identity management. T...
Fastly's stock fell 8% following its Investor Day, despite a 164% gain year-to-date, as investors reacted to the company's ambitious but long-term revenue targets tied to AI and security growth by 2029. The decline appears to be profit-taking after a...
