EZB8RISK / Market Briefing

US equities held near record territory as investors weighed a Fed official's comments signaling no urgency for the next rate move, keeping easing hopes alive alongside a soft jobs

US equities held near record territory as investors weighed a Fed official's comments signaling no urgency for the next rate move, keeping easing hopes alive alongside a soft jobs backdrop. Political headlines stayed busy, from Supreme Court litigation over gun waiting periods to continued US pressure on Iran, which the White House claims has largely abandoned nuclear weapons plans. Beneath the AI optimism, a caution flag emerged from a departing safety engineer at a leading AI lab, while cash-strapped American consumers increasingly leaned on home equity to sustain spending.

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