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Wheat Futures Rise 0.6% as Winter Wheat Planting Lags 5-Year Pace
Wheat futures closed higher Wednesday on the Chicago Board of Trade after the USDA's delayed Crop Progress report showed winter wheat planting running behind the normal pace. The report said 51% of the winter wheat crop had been planted, 7 percentage points behind the five-year average. Corn harvesting was 33% complete, also 6 points behind that average. Soybean and corn futures finished lower.
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Wall Street Tumbles as Hot Inflation Data Fuel Fed Rate-Hike Worries
US inflation for September came in above expectations, deepening fears that the Federal Reserve will keep raising interest rates, and Wall Street stocks fell sharply on Wednesday. The S&P 500 dropped 1.35%, with rate-sensitive AI names leading the decline as Oracle fell 7.3%, CoreWeave plunged 15% and Nebius lost 10%. Dell shed 12% and Hewlett Packard Enterprise 7.6% after brokerages cut their ratings. Bank shares also came under pressure, with Bank of America down 5.8% and Morgan Stanley off 3.8%.
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Bitcoin turun di bawah $82K setelah inflasi AS lampaui perkiraan 3,6%
Harga konsumen Amerika Serikat untuk September tercatat di atas perkiraan pasar. Setelah data dirilis, harga Bitcoin turun sekitar US$1.000 ke kisaran US$82.800. Kekhawatiran atas inflasi yang semakin persisten mendorong investor menilai ulang arah kebijakan moneter Federal Reserve. Pasar memperkirakan suku bunga dapat kembali naik pada rapat kebijakan akhir Oktober, sehingga aset berisiko tertekan secara luas.
BTC
BTC-1.66%
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