Dow Opens Up 331 Points to 53,686 as Nasdaq Falls 0.77% on Chip Selloff
Dow opens +0.62% to 53,686.75 while Nasdaq falls 0.77% as chips slide. Jobless claims drop to 189,000; 10-year yield near 4.90%.
Interest rates
BOJ Minutes Show the Board Discussed Faster Hikes After a 7-2 Vote for a 1.25% Rate
Bank of Japan minutes show members discussed faster rate hikes if prices overshoot, after a 7-2 September vote lifted the rate to 1.25%, a 31-year high.