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Market Extra: What McCarthy ouster means for markets as investors fret over congressional ‘dysfunction’

The removal of House Speaker Kevin McCarthy from his post amid Republican infighting isn't driving the selloff in stocks and bonds. But it won't help.

In One Chart: Utilities stocks ‘decimated’ by rising rates fall into uncommon trading territory, Bespoke chart shows

Utilities stocks have dropped into unusual territory, after being “decimated” by rising interest rates, according to Bespoke Investment Group.

Washington Watch: Kevin McCarthy ousted: Here’s who could replace him as House speaker

Fight for the next speaker is better to hammer out now than on the eve of the next possible shutdown, analyst says

: Kevin McCarthy ousted as House speaker, falling after historic challenge by Matt Gaetz

The U.S. House of Representatives approves a measure that removes Kevin McCarthy, a California Republican, from his position as the chamber's speaker.

: Intel plans to IPO its programmable solutions group over next few years

Intel Corp. shares rose after the company announced plans to spin off one of its units as a public offering over the next two to three years.

: Zoom takes on Microsoft, Google with its own word-processing app

Zoom Docs is loaded with Zoom’s artificial-intelligence assistant, AI Companion, and other AI capabilities that will help users draft, edit, summarize and change tones as well as include items from meeting discussions.

: United Airlines orders 110 Boeing and Airbus jets, betting on ‘growing travel opportunities’

United Airlines said late Tuesday it had ordered additional new jets from Boeing Co. and Airbus SE as it expects air-travel demand to continue unabated.

Market Extra: Here is the area bond-ETF investors favored in September as yields jumped

This is where bond-ETF investors put their money to work last month amid rising Treasury yields.

Market Extra: Banks are bracing for a recession as Treasury yields surge

Bank stocks are on pace for yearly losses, but the banking industry's reserves are at the highest level in three decades, according to DBRS Morningstar.

: Spent $17,000 on the gold Apple Watch? Here’s how much more money you’d have now if you bought Apple stock instead.

Apple’s luxury smartwatch that sold for as much as $17,000 is now obsolete, meaning the company will no longer provide parts, repairs or replacement services.

: Bank stocks outpace broad market into the red as higher bond yields impact the value of their portfolios

Financial stocks in S&P 500 lag as bond prices push down the value of their bank bond holdings.

FA Center: Want to invest in big, life-changing ideas? This stock market strategy is for you.

Thematic investing focuses on trends and values that are too broad to capture in a single stock, sector or index.
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