Briefings

Week InReview: September 29, 2023

Tech giants lift stocks.

US stocks rebounded Thursday, with tech behemoths, including Tesla, Nvidia, and Meta, driving the Nasdaq 100 higher. Treasury yields, which had been surging this week, retreated, with shorter-dated debt leading the decline. The 10-year rate pulled back from a nearly 16-year high hit earlier in the session and the dollar slid.

 

Coming Up... Look for a slew of Japanese data — including the Tokyo CPI gauge and national figures on retail sales and industrial production — as well as balance of payments numbers for Thailand and Hong Kong retail sales. Meanwhile, China is starting its Golden Week holiday period. 


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