📊 SEC furloughs staff amid shutdown

Hi everyone, here is your 📊 Daily Trade.

Here's what's happening today:

🛑 Markets unfazed by government shutdown
📊 Shutdown impacts economic data availability
🔒 SEC furloughs staff amid shutdown
🚗 Ford's EV sales boost Q3 results
💰 Energy Fuels upsizes convertible notes offering
🎁 +8 more stories you might like

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🛑 Why Wall Street Remains Unshaken by Government Shutdowns Link
  • The government shutdown has little impact on Wall Street, which sees it as temporary political theater.
  • Economic growth remains robust, with the GDP showing strong performance despite the shutdown.
  • Federal layoffs are not seen as macroeconomic signals, as they don't indicate private sector health.
📊 Federal Shutdown Puts Economic Data Releases on Hold Link
  • The government shutdown delays key economic data releases, affecting policymakers and investors.
  • The Federal Reserve faces challenges in decision-making without fresh economic data.
  • Markets remain calm, but prolonged data delays could increase economic uncertainty.
🔒 Regulatory Oversight Wanes as SEC Furloughs Staff Link
  • The SEC and CFTC furlough most of their staff due to the government shutdown.
  • Key market oversight functions are limited, affecting IPOs and economic data releases.
  • Prolonged shutdowns could lead to increased market volatility and delayed ETF approvals.
🚗 Ford's Electric Vehicles Drive Strong Q3 Sales Growth Link
  • Ford's Q3 sales rose 8.2%, driven by electric vehicles and large SUVs.
  • The automaker set a new quarterly record for all-electric vehicle sales.
  • Federal EV incentives ending may impact future sales, according to CEO Jim Farley.
💰 Energy Fuels Expands Convertible Notes Offering to $600 Million Link
  • Energy Fuels increases its convertible notes offering to $600 million, up from $550 million.
  • The company plans to use proceeds for project financing and corporate needs.
  • Convertible notes offer flexibility with options for conversion into cash or shares.

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Other news & articles you might like

  • 🚙 Stellantis sees 6% sales rise in Q3 (Link)
  • ✅ Next Bridge resolves SEC comments (Link)
  • 💼 RCP Advisors closes $1.26B fund (Link)
  • 🛳️ Royal Caribbean completes $1.5B note offering (Link)
  • ⚖️ Fired rail board member sues Trump (Link)
  • 📈 High-yield dividend stocks for October (Link)
  • 🔄 USA Rare Earth stock volatility (Link)
  • ⚡ Maryland fast-tracks energy projects (Link)

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