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Muse Spark 1.2Oct 11, 2026meta/muse-spark-1.2-20260805

What are today's top business/market headlines?

I'll gather today's top business and market headlines for you.

Today is Saturday, October 11, 2026 - U.S. markets are closed, headlines reflect Friday's close / weekend preview:

U.S. Markets & Economy

•U.S. Stocks Mixed as Oil Spikes, AI Profit Doubts Hit Tech - U.S. stocks ended mixed after oil futures jumped, volatility continued in bond markets and doubts surfaced about artificial-intelligence profits
•Stocks declined as rising US–Iran tensions and higher oil prices weighed on sentiment, while Fed officials signaled persistent inflation concerns
•Iran and Houthis Try to Regain Upper Hand in Hormuz With Spate of New Attacks
•Consumer Sentiment Drops, per Michigan Survey - The University of Michigan survey's headline index fell to 46.3 in its preliminary October reading, versus 48.1 in September
•Trump Announces White House Hearing to Investigate Fed's Lisa Cook - A committee will evaluate the mortgage-fraud allegations made against Cook
•AI Threat Widens to Financial Sector - Wealth-manager stocks tumbled as weak retail sales weighed on indexes

Companies / Global

•Bitcoin Selloff: Market Loses $600 Billion Following October High - After topping $126,000 in October, Bitcoin has fallen fast, hard
•TCS to consider share buyback on October 11 - The board of directors of Tata Consultancy Services (TCS) will consider the proposal for equity share buyback at its meeting, scheduled to take place on October 11
•Shriram Finance raises FD rates to 7.85%; revised rates effective October 11

Other Dow Jones Top Headlines in rotation: Stocks Climb to New Records With Investors Piling Back Into Tech / Nasdaq hits a fresh high on its 12th straight day of gains - reflecting continued tech-led volatility heading into earnings season.

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