{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/692d7130635c16d6404362d8/6adbdc8702b9e3b2590ef405?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Amex AI Job Cuts Hit Dow as Oil Surges while Defensive Stocks Fail","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/692d7130635c16d6404362d8/1792792107829-a8b5042f-fee6-4071-88cf-d657eff37d78.jpeg?height=200","description":"<p>On today&#39;s episode of Market Brief – After Hours, American Express falls after announcing AI-related job cuts, adding to a Dow decline of more than 650 points. Consumer staples, utilities and healthcare offer little protection, even as Micron and AMD recover. Oil surges on renewed Middle East supply concerns, while rising Treasury yields keep borrowing costs firmly in focus ahead of the Federal Reserve’s next meeting.</p><p>We examine Europe’s weakening business surveys, the sharp fall in UK consumer confidence and Asia’s uneven recovery. Plus, technical analysis of EUR/USD, GBP/USD, AUD/USD and USD/CHF, with gold below $4,000 and silver under pressure. SpaceX’s reported tower plans unsettle AT&amp;T and T-Mobile while lifting tower owners, and Bloom Energy slides despite stronger earnings.</p>","author_name":"Arshia Hadidi"}