Expectations for higher US Treasury yields are gaining attention as investors reassess the outlook for inflation, government borrowing, and Federal Reserve policy. A recent Bank of America fund manager survey suggests that some investors are becoming more interested in bonds as yields approach levels not seen in decades.

Oil prices are falling, offering some relief after months of pressure from energy costs and Middle East tensions.

Uncertainty continues over a proposed energy ceasefire between Russia and Ukraine after US President Donald Trump announced that both countries had agreed to halt attacks on each other's energy infrastructure. However, continued strikes and conflicting statements have raised questions about whether an agreement has been finalized.

US President Donald Trump said Washington is not planning further military strikes against Iran before the November 3 midterm elections.

Brent crude climbed back above $105 per barrel as renewed tensions involving the US, Israel, and Iran raised concerns about another escalation in the Middle East. Reports of possible military preparations have brought geopolitical risks back into focus, supporting oil prices and adding uncertainty to the broader market outlook.

US manufacturing extended its expansion in September, with stronger demand and hiring offset by a sharp rise in input costs.

US corporate earnings continue to show solid growth, with artificial intelligence and the energy sector providing much of the momentum.

US job growth lost significant momentum in September, with nonfarm payrolls rising by just 29,000, far below expectations of around 95,000.