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Collins, 2025 FOMC voting member and President of the Boston Fed, will speak in ten minutes.On October 10, local time on the 9th, German Vice Chancellor and Minister of Economy Robert Habeck said that the federal government expects Germanys gross domestic product (GDP) to fall by 0.2% this year. In the spring of this year, the German federal government had expected the countrys GDP to grow slightly by 0.3% this year. Habeck said that the current economic situation is not satisfactory, but Germany is working hard to get out of trouble. Germany has made progress in addressing short-term factors that drag down economic output, such as high inflation, high interest rates, and high energy costs, but long-term structural problems such as severe shortage of skilled workers and insufficient infrastructure investment have hindered the countrys economic growth.The Dow Jones Industrial Average closed at 42,512.00 on Wednesday, October 9, up 431.63 points, or 1.03%. The S&P 500 closed at 5,792.04 on Wednesday, October 9, up 40.91 points, or 0.71%. The Nasdaq Composite closed at 18,291.62 on Wednesday, October 9, up 108.70 points, or 0.60%.Boeing (BA.N) union representative: Some progress has been made in the negotiations, but it is still not ideal and has not involved necessary areas. The company has made some improvements in the minimum guarantee of performance bonuses. The strike subsidy works well and "the funds are very sufficient." We will stick to it for a long time.The United Auto Workers union said a strike at one or more Stellantis (STLA.N) facilities could begin within weeks.

Cryptos

Crypto Market Daily Highlights: BTC Delivered Market Support

The crypto market ended a negative week on an optimistic note. Gains were small, though, as investors fought off increased surveillance.