Construction and manufacturing were the main drags for China’s slower-than-expected third-quarter economic growth while technology offered some support, supplementary data released Saturday show.
Headwinds from Rome to Riyadh have helped to cap the recent surge in Treasury yields, while the combination of Federal Reserve policy tightening and increasing debt supply appears to be providing a firm floor for U.S. rates.
China’s home-price gains slowed in September, breaking a half-year streak of accelerating inflation in the housing market.
JPMorgan Chase & Co. plans to open a fintech campus in Palo Alto, California, part of the bank’s efforts to attract more Silicon Valley talent.
Investors are punishing Bank OZK, which could be a canary in the coal mine when it comes to commercial real estate.
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