Tech stocks power market surge as bond yields and oil prices tumble
Technology shares jumped on Monday, with the Nasdaq 100 posting its strongest single-day performance since early August as a wave of euphoria swept through markets.

Technology shares jumped on Monday, with the Nasdaq 100 posting its strongest single-day performance since early August as a wave of euphoria swept through markets.

The share of Spaniards renting or looking for a room has risen to 3.2% from 2.8% a year earlier. Fotocasa says higher prices and limited supply are pushing tenants toward shared homes instead of traditional rentals.
The share of Spaniards who have rented or searched for a room has risen to 3.2%, from 2.8% a year earlier. Fotocasa says higher prices and limited supply are prompting many tenants to share homes instead of pursuing conventional rentals.
Brian Smith has been pursuing every avenue he can find to gain exposure to Anthropic stock before the company’s blockbuster initial public offering.
Paramount Skydance agreed to sweeping terms to settle a lawsuit filed by attorneys general from 12 states. The officials had opposed the company’s $110 billion acquisition of rival Warner Bros. Discovery.
Paramount Skydance has settled lawsuits filed by 12 state attorneys general, clearing the way for it to complete its historic $110 billion acquisition of Warner Bros. Discovery.
Paramount has reached a settlement with U.S. states over its proposed merger with Warner Bros. The $81 billion deal would combine two of Hollywood’s oldest studios, major television networks including CBS and CNN, streaming services HBO Max and Paramount+, and decades of film and television libraries featuring titles such as Harry Potter and Top Gun.

Paramount Skydance has settled with a group of state attorneys general, clearing the way for its $110 billion merger with Warner Bros. Discovery to move forward. The deal’s latest details and its potential future impact on the film industry are also under discussion.
Paramount Skydance has settled lawsuits filed by attorneys general from 12 states and the Writers Guild trade union, clearing the way for the company to complete its historic $110 billion acquisition of Warner Bros. Discovery.

Paramount Skydance has settled with California and 11 other states that sued to block its $110bn merger with Warner Bros Discovery. The agreement would create independent editorial boards for CNN and CBS and include commitments on film production and newsroom staffing. Paramount can avoid a $7m daily fee if the deal closes by September 30.

Paramount has settled with California and 11 other states that sued to stop its planned $110 billion acquisition of Warner Bros. Discovery. The agreement resolves the antitrust case and removes a major obstacle to the media merger, after the states argued the deal could create a powerful media behemoth.
Paramount has reached a settlement with state attorneys general to resolve an antitrust lawsuit, clearing the way for its merger with Warner Bros. Discovery.

A person familiar with the matter told The Associated Press that Skydance-owned Paramount has reached a settlement with several state attorneys general who sued to challenge its buyout of Warner Bros. Discovery.

California’s attorney general announced Monday that a settlement with Paramount resolves a legal challenge brought by 12 states against Paramount Skydance’s $110 billion merger with Warner Bros. Discovery.
A person familiar with the matter told The Associated Press that Skydance-owned Paramount has settled with a group of state attorneys general who sued to challenge its acquisition of Warner Bros.
The Writers Guild of America has settled its lawsuit against Paramount Skydance over the company’s planned acquisition of Warner Bros. Discovery, according to people familiar with the matter.

About 20 opponents of the Paramount Skydance–Warner Bros. Discovery merger took their campaign to the New York attorney general’s office on Monday, despite reports of a settlement between Paramount and the states.

California and Paramount Skydance have reportedly settled the lawsuit challenging the company’s $111 billion merger with Warner Bros. Discovery, clearing the way for the deal. Democrats and media advocates condemned the move, while Lina Khan warned that behavioral remedies often fail and called the merger seemingly illegal.
The Financial Times found that thousands of Russian payments were handled by Standard Chartered, Citigroup and other international financial groups in a vast leak from inside fintech company A7, revealing a forgery scheme that moved $6.9bn through global banks.
The Trump administration has proposed putting $5 billion into a new fund to help Middle Eastern countries rebuild energy infrastructure damaged in the Iran war and reduce their reliance on the Strait of Hormuz for oil and gas transport, the Wall Street Journal reported, citing U.S. and Middle Eastern officials and documents.
U.S. President Donald Trump said Monday that Washington is working on an agreement to purchase potash from Belarus at a lower price than the U.S. currently pays Canada.
President Donald Trump said Washington is working on an agreement to buy potash from Belarus at a price below what the United States currently pays Canada.
Donald Trump says the U.S. is pursuing a large deal to buy Belarusian potash at prices below those paid to Canada. Belarusian President Alexander Lukashenko says the country lacks spare volume because its output is already contracted. Canada supplies nearly 80% of U.S. potash imports, while sanctions still limit Belarus’s access to Western markets.

President Donald Trump said the United States is working on a major agreement to buy potash from Belarus, calling it more advantageous than purchasing the fertilizer from Canada. The announcement comes amid an apparent thaw in U.S.-Belarusian relations and worsening economic ties between Washington and Ottawa.
The US president says fertiliser from Lukashenko’s Russia-aligned regime will be much cheaper than Canadian supplies, marking the latest sign of warmer ties between Washington and Minsk.
TD Cowen expects demand for tokenized stocks to remain limited, even as new SEC rules create a route for trading them outside traditional markets.

PhosAgro’s agrochemical output fell about 1.4% year on year to 6 million tonnes in the first half of 2026, while sales slipped 1.9% to 6.1 million tonnes. Supplies to Russia rose nearly 30%, fertilizer sales to Africa almost tripled, and shipments to Latin America grew nearly 50%.
Production at Libya’s El Sharara oil field has partially declined, according to National Oil Corporation Chairman Massoud Suleman. Two engineers said output fell by about 200,000 barrels per day to 100,000–105,000 bpd. Suleman gave no reason for the reduction.
St. Louis Fed President Alberto Musalem said on Monday that the Federal Reserve will probably need to raise interest rates further to bring down inflation driven by strong demand and a commodity-price shock that has spread beyond oil. He said acting sooner would be preferable to waiting.
Porsche, once Volkswagen’s most dependable source of profits, has become the automaker’s biggest problem, complicating CEO Oliver Blume’s restructuring plans at Europe’s largest carmaker.
Economist Vasily Koltashov says Western countries have entered an acute energy crisis and that the worst economic deterioration is still ahead. Automotive, petrochemical, metallurgy and fertilizer industries could be hit first. He argues that higher interest rates may restrain oil-price growth only by shrinking Western economies and manufacturing, while worsening the industrial downturn.
Economist Vasily Koltashov says access to energy supplies is allowing BRICS members, including Russia, to expand industrial production as Western economies weaken. China’s industrial output rose 5.2% year on year in August 2026, with equipment manufacturing up 12.1% and high-tech production 16.7%. He says today’s crisis differs from 1973–1985 because the West now faces fast-growing industrial and technological rivals with access to oil.
Gabon plans to raise 1.144 trillion CFA francs ($2.01 billion) from international markets in 2027 under a draft budget that projects faster economic growth and a recovery in oil output. Debt servicing and repayments are also expected to rise sharply.
GAC France Deputy CEO Cedric Lacour said Monday that the group is targeting the introduction of 12 electric and hybrid models in France by 2030.
The Inter-American Development Bank is preparing a two-year engagement plan for Venezuela that will focus in part on electricity and social protection, IDB President Ilan Goldfajn said Monday.
Russia has scrapped floating export duties on wheat, barley and corn through December 31, 2026, under a government decree. Duties on sunflower oil and meal will be capped at their August 2026 levels. The Agriculture Ministry said the measures are intended to support producers and exporters, reduce costs and strengthen export potential amid logistical changes.
Brazilian President Luiz Inacio Lula da Silva said on Monday that Uruguay had authorized Brazil to use the unused portion of its beef export quota for China.
The ruble-denominated MOEX Index fell 0.88% to 2,257.91 points at Monday’s close, while the dollar-denominated RTS Index dropped 0.76% to 845.81. Experts said market and geopolitical factors, along with domestic news, weighed on investor sentiment. Lenta led gains, while Samolet Group fell 6.5%.
An unusually quiet peak in the Atlantic hurricane season has helped protect Gulf Coast refiners while global fuel supplies remain tight.
Bitcoin’s rebound toward $86,000 has returned average US spot Bitcoin ETF holders to profit after months underwater. Their estimated cost basis is now below the market price, although cumulative ETF inflows remain about $6.03 billion below their October 2025 peak and recent flows have stayed volatile.

A measure signed by California Gov. Gavin Newsom puts a blend with elevated ethanol content on sale immediately. The state is trying to counter a sharp surge in gasoline expenses in the United States' largest automotive market.
Advanced Micro Devices surpassed a $1 trillion market capitalization for the first time on Monday, joining a select group of chipmakers at the milestone as investors wagered on its growing role in AI computing.
Former Ukrainian security service officer Vasily Prozorov said Western media claims that Ukraine’s steel industry has completely collapsed may be exaggerated. However, he said the sector’s damage is likely to severely hit state foreign-currency and tax revenues, as rolled metal exports had been a major source of foreign exchange.
Crude oil stocks in the U.S. Strategic Petroleum Reserve dropped to 284.6 million barrels last week, the lowest level since October 1982, according to Department of Energy data.
U.S. Trade Representative Jamieson Greer said on Monday that China is making progress on its commitment, announced in May, to buy 200 Boeing jets.
The Bank of Russia set the official dollar rate for September 22 at 84.0954 rubles, down 10.21 kopecks from the previous rate. The euro rate fell to 96.3733 rubles and the yuan rate to 12.5448 rubles.
Stocks and bonds began the week higher as hopes for diplomatic efforts to end the war in Iran pushed oil prices down and eased concerns about inflation.
Canada’s main stock index was subdued on Monday as oil prices fell more than 3%, putting pressure on energy shares. Investors awaited remarks from Bank of Canada Governor Tiff Macklem for clues about the future policy path.
Bitcoin treasury firms Strategy and Strive bought about $183 million of BTC last week as the token rose above $85,000. Strategy acquired 950 BTC and Strive bought 1,355, lifting the corporate treasury group back above its estimated cost basis, even as overall company buying has slowed sharply.


Strategy purchased 950 bitcoin for $76 million, lifting its total holdings to 846,000 BTC. The holdings represent about 4% of bitcoin’s 21 million supply cap and are worth roughly $72 billion.

Strategy resumed buying bitcoin last week after a pause of about three weeks, adding BTC worth $75 million.
A finance ministry spokesperson said the German government is set to approve the gasoline discount Monday, with the measure scheduled to begin on October 1.
Pension and sovereign wealth funds with billions of dollars to invest are discovering that the diversification they once depended on may be an illusion.
L.E.V. Management, which was granted temporary control of Auchan and Lemana PRO’s Russian assets, has urged executives to keep stores and employees in place and ensure purchasing, deliveries, and operations continue without interruption. CEO Andrei Krayushkin also promised measures to protect Auchan properties from attacks, including drones. Auchan’s Russian press office said its facilities were operating normally.
Money managers are betting on solar engineering and wildfire-mitigation technology as they consider where to invest in climate amid the focus on AI and high interest rates.
Ahead of Climate Week in New York City, US solar engineering companies and wildfire-mitigation technologies are emerging as favored climate-related investments while the AI trade and high interest rates dominate markets.
The Bank of Canada says new U.S. tariffs could sharply reduce growth in the fourth quarter.
Deputy Finance Minister Alexey Sazanov says Russia is preparing tax-law changes to account for companies’ costs of protecting facilities and repairing sites damaged by drone attacks. The proposals, expected this fall, could affect many industries, though their details remain unspecified.
The EU-Canada trade deal has been provisionally in force since 2017, yet 10 EU countries have not ratified it. Nearly a decade after it was signed, the agreement remains in limbo.
AMD’s market value has reached $1 trillion as its shares advance for a fifth straight session. The stock has gained more than 180% so far in 2026.

Strive added 1,355 bitcoin and is picking up the pace toward its goal of becoming the second-largest public bitcoin holder by year-end. It currently ranks fifth, behind Strategy, Twenty One, Metaplanet and MARA.

The 23rd China-ASEAN Expo has concluded in Nanning, in south China’s Guangxi Zhuang Autonomous Region. Visitors watched robots perform and viewed exhibits related to the Pinglu Canal, while an exhibitor livestreamed product promotions.

The European Central Bank has introduced a system linking its payment infrastructure with blockchain-based financial markets and plans to purchase tokenized bonds using its own funds.

Russia’s updated coal industry program through 2050 targets production of 660 million metric tons and exports of 350 million tons under its demand-based target scenario, Deputy Prime Minister Alexander Novak said. The plan calls for developing eastern deposits and production centers, expanding the Eastern Range, strengthening ties with China and India, and increasing supplies to Southeast Asia, the Middle East and Africa.
One expert says the bill’s failure benefits banks that strongly oppose stablecoin yields, while a global crypto lawyer argues that overseas jurisdictions also stand to gain.

Amid fuel shortages, damaged infrastructure and mounting economic pressure, Iran is changing work patterns to reduce energy costs. Government offices will shorten in-person hours and shift remaining work online, while public transport is temporarily free and university teaching may move partly online. Fuel supply gaps, war-related disruption and inflation continue to weigh on households.

Antoine Arnault’s latest personal investment is in French supercar manufacturer Delage Automobiles, part of his effort to widen his portfolio.
Coinbase is opening IPO allocations to US customers, beginning with Oura. The move extends its push from secondary-market stock trading into the primary market, after the company launched pre-IPO derivatives.

Finance Minister Anton Siluanov said Russia’s draft federal budget for the next three years will be challenging, with next year’s deficit set at about 2% of GDP but posing no risks. He said defense and security will be priorities in the 2027–2029 budget, while the country has developed immunity to US “sanctions from hell.” The ministry is building reserves and targeting the shadow economy.
Russia’s federal budget for 2027 will carry a deficit of about 2% of GDP, Finance Minister Anton Siluanov said, adding that it poses no risks. He said the Finance Ministry had prepared several fiscal consolidation measures. The deficit reached 5.79 trillion rubles, or 2.5% of GDP, in January-August 2026.
India’s Defense Ministry has signed a Rs 586-crore ($61 million) contract with Accurate Industrial Controls Private Limited to supply auxiliary power units for the army’s Soviet-designed T-72 and T-90 tanks. The ministry said the domestically developed systems will improve armored forces’ readiness, reliability and autonomy while advancing localization of critical subsystems.
SEC Commissioner Hester Peirce said investors do not need an exemption to use permissionless smart contracts for peer-to-peer trading. SEC actions on tokenized securities and crypto interfaces outline separate limits on intermediary control, but “truly decentralized” remains undefined under a unified federal test.

Chicago Fed President Austan Goolsbee said Monday that proposals for the Federal Reserve to lower borrowing costs to help the US government finance its debt and deficits underscore why the central bank must remain independent when setting monetary policy.
Paramount Skydance has reached an agreement with California and other states that sued to stop its proposed acquisition of Warner Bros. Discovery, according to a person familiar with the matter. The settlement could clear a legal obstacle to the planned merger.
The prospect of Beijing lowering duties is reviving interest among Chinese buyers in long-term supply agreements, potentially creating a major opportunity for US LNG producers.
After years in which sellers held the advantage, the US housing market is gradually tilting toward buyers. Many potential buyers, however, are still hesitant to make a move.
Markets columnist Katie Martin and US financial commentator Robert Armstrong will take part in a live Ask an Expert Q&A on Thursday September 24 at 1pm BST, answering questions about the biggest risks facing markets.
Major U.S. stock indexes opened higher on Monday, lifted by gains in AI shares as Treasury yields eased. Crude prices dropped more than 2% to an 11-day low amid signs that Middle East negotiations were making progress.
The success of the multibillion-dollar oil deal between the Trump administration and Venezuela depends on fields that are aging, deteriorated or expensive to exploit.
Bitcoin’s rise to $84,751 lifted theoretical gross hashprice about 2.65% above the prior baseline, offering miners only modest relief. Difficulty rose 4.1634% on Sept. 19, while the next estimate points to a 2.48% decline. That early reading is not proof that miners are shutting down.

One in five companies in Germany is considering relocating investments, has taken steps to do so, or has already carried out such a move.

Kremlin spokesman Dmitry Peskov said the end of cheap Russian gas has damaged Germany’s economic competitiveness. He added that Germans are seeking an alternative to the current leadership to improve their situation.
Tom Lee says the crypto bull market is underway as Bitmine buys 27,562 ETH. The company’s total investments now stand at $17.1 billion, and it holds more than 4.9% of Ethereum’s circulating supply.


Bitmine, the largest Ethereum-focused treasury firm, continued adding to its holdings with a $75 million ether purchase. Chairman Tom Lee said ETH’s strong third quarter could encourage institutions to increase their exposure to crypto.
Ukrainian lawmaker Olga Vasilevskaya-Smaglyuk says Kyiv is negotiating with the IMF over financing for another budget shortfall, while the fund again insists Ukraine mobilize domestic resources. Ukraine needs about $52.6 billion from Western partners next year, but only roughly $20 billion has been confirmed so far.
Saudi Arabia’s observed oil loadings from inside the Persian Gulf rose sharply over the weekend. Following the shutdown of a key cross-country pipeline, the increase is the clearest indication yet that the kingdom has redirected exports toward the Strait of Hormuz.
Xi Jinping is due to meet Donald Trump in Washington this week, but Europe is likely to remain caught between unpredictable US trade policy and China’s export machine. Washington and Beijing are competing over trade, advanced chips, rare earths and artificial intelligence, with officials reportedly discussing a mechanism to notify each other about AI security incidents. European officials meanwhile warn that a new wave of Chinese industrial competition is worsening deindustrialization pressures.

US equity futures are rising as oil prices fall, while officials express optimism about a summit between President Donald Trump and China’s Xi Jinping scheduled for this week.
Artificial intelligence is expected to feature prominently when US President Donald Trump meets Chinese President Xi Jinping at the White House on Thursday. The two superpowers view AI as the latest focal point of their economic rivalry. Trump said on Sept. 13: “Whoever wins AI, wins.”
Ahead of a meeting with Xi, Trump continues to argue for artificial intelligence, maintaining that the technology does not need additional guardrails even as calls grow for a slowdown.

Officials from the United States and China discussed creating a mechanism for the two countries to notify each other about AI incidents that could pose a threat to national security.
Scott Bessent pushed back against a bearish view of the U.S. economy, pointing to strong growth, foreign demand for American assets and the dollar’s continued dominance.

The Eurosystem has launched Pontes, a platform enabling banks to settle tokenised-asset trades with central bank money. The ECB says it will also invest some of its own funds in tokenised securities through the system, marking its first concrete steps toward adapting the euro to the digital age.
Most Gulf stock markets declined in early Monday trading as intensifying regional conflict outweighed cautious optimism about diplomatic progress expected at UN meetings this week.
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