What are today's top business/market headlines?
Here’s where markets stand this morning (Thursday, October 8, 2026):
Want me to track the jobless claims release and pre‑market moves and send an update after 8:30 a.m. ET?
Citations (7)
- Wall Street ends lower, off record highs, as Treasury yields climb | Stock Market News
Backs: “U.S. equities fell Wednesday from record levels as Treasury yields climbed; the S&P 500 and Nasdaq slipped after setting fresh highs earlier in the week. The 30‑year yield touched a multi‑decade high.”
- Fed minutes: Another rate hike likely coming this year to combat persistent inflation
Backs: “September FOMC minutes showed policymakers still concerned about inflation; several participants saw the case for another hike this year.”
- Economic Release Calendar - Unemployment Insurance Weekly Claims Report | FRED | St. Louis Fed
Backs: “Weekly U.S. initial jobless claims are due at 8:30 a.m. ET today, a key check on labor market cooling.”
- Oil rises as investors mull supply threats | live
Backs: “Brent remains above $100 as Middle East risks and a Gulf storm threaten supply.”
- SpaceX seeks $40 billion financing to buy Nvidia chips, sources say | MarketScreener
Backs: “SpaceX is in talks to raise about $40 billion in debt (roughly $30B bonds, $10B loans) to buy Nvidia AI chips, with Apollo helping lead the financing, per multiple reports.”
- Exclusive-Apollo submits non-binding bid for German energy firm Uniper, sources say By Reuters
Backs: “Apollo Global Management submitted a non‑binding bid for Germany’s state‑owned utility Uniper, joining several suitors in a potential €10B‑plus deal.”
- PepsiCo Announces Timing and Availability of Third-Quarter 2026 Financial Results
Backs: “PepsiCo is scheduled to post Q3 2026 results around 6:00 a.m. ET, with an 8:15 a.m. ET analyst Q&A.”