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McCormick Climbs on Sales; Constellation Energy Gains on Amazon Deal | Stock Movers

On this episode of Stock Movers: - McCormick (MKC) shares rose after the company posted its strongest sales since 2021, with third-quarter net sales increasing 17% to $2.02 billion. - Accenture (ACN) shares are moving higher after the IT services company reported fourth-quarter results that beat expectations on key metrics, including revenue and bookings. - Constellation Energy (CEG) is gaining after the operator of gas power plants said it signed a 20-year power purchase agreement with Amazon, which covers 690 megawatts of nuclear capacity at Maryland's Calvert Cliffs Clean Energy Center, including a 190-megawatt uprate.

Read more: McCormick Climbs on Sales; Constellation Energy Gains on Amazon Deal | Stock Movers
Bloomberg
Financial

ISM Report Presents Problems for Markets, Suzuki Says

Dan Suzuki, global investment strategist at iCapital, warns that the latest ISM manufacturing report is not good news for markets. He also talks about oil prices and says higher interest rates are starting to bite lower-quality segments of credit markets and equities. He speaks on "Bloomberg Open Interest."

Read more: ISM Report Presents Problems for Markets, Suzuki Says
Bloomberg
Financial

US Manufacturing Expansion Continues as Prices Jump

US manufacturing activity expanded at a slightly slower pace in September as the Institute for Supply Management's manufacturing gauge fell 0.1 point to 54.5, according to data released Thursday. Factory activity has been in expansionary territory for nine consecutive months, the longest stretch since 2022. Michael McKee has the details on Bloomberg Television.

Read more: US Manufacturing Expansion Continues as Prices Jump
Bloomberg
Financial

Odd Lots: Is the AI Trade Fed Rate Proof?

Is it safe to say that AI companies are less sensitive to Fed rate changes, making them a good investment during these times of market volatility? Luke Kawa, head of markets at Sherwood News, joins Tracy Alloway and Joe Weisenthal on the Odd Lots podcast to discuss all the big market themes and how the AI trade is affecting the sheer speed of market moves.

Read more: Odd Lots: Is the AI Trade Fed Rate Proof?
Bloomberg
Financial

Bond Market's Power Grows as Borrowing Costs Rise

Financial Times Alphaville editor and author of A Fabulous Debt Robin Wigglesworth tells Bloomberg This Weekend that rising bond yields reflect resilient growth and higher inflation expectations, but could increasingly constrain US spending as debt-service costs climb. Speaking with host David Gura, Wigglesworth explains why bonds underpin the global financial system and why today's higher rates matter more in a heavily indebted economy. Interview occurred on September 26, 2026

Read more: Bond Market's Power Grows as Borrowing Costs Rise
Bloomberg
Financial

Fed's Kashkari on Rates, Inflation, Bond Yields, US Economy

Federal Reserve Bank of Minneapolis President Neel Kashkari says that the central bank "will do what we need to do to get inflation back down to our target." He also addresses the strength of the US economy, lessons learned on supply shocks, and a potential signal from US two-year Treasury yields.

Read more: Fed's Kashkari on Rates, Inflation, Bond Yields, US Economy
Bloomberg
Financial

Wei Li on AI Scarcity, Bond Selloff, Energy Price Shock

Wei Li, BlackRock's Global Chief Investment Strategist said the release of new AI agents may "catalyze a wave of AI adoption". In an interview on "The Pulse with Francine Lacqua" on Wednesday September 30, Li also discussed the impact of the energy price shock, saying that the disruption to oil flows in the Strait of Hormuz is creating "macro damage", and that energy is a "big caveat" to their risk-on view.

Read more: Wei Li on AI Scarcity, Bond Selloff, Energy Price Shock
Bloomberg
Financial

Fed 'Will Do What We Need to Do' on Inflation, Kashkari Says

Federal Reserve Bank of Minneapolis President Neel Kashkari sees the US economy growing and is surprised by its resilience "in the face of tariffs and the conflict in Iran." He says on "Bloomberg Surveillance" that the central bank "will do what we need to do to get inflation back down to our target."

Read more: Fed 'Will Do What We Need to Do' on Inflation, Kashkari Says