MORNING BID AMERICAS-アマゾン and goldilocks ride to the 救助(する)

A look at the day ahead in U.S. and 全世界の markets from マイク Dolan

At least one of the いわゆる "Magnificent 7" of 最高の,を越す U.S. megacaps was able to ride to the 救助(する).

After a torrid week for markets, news of the "not too hot or 冷淡な" combination of にわか景気ing U.S. growth and ebbing インフレーション in the September 4半期/4分の1 was followed by impressive results from アマゾン after the bell on Thursday - both 報告(する)/憶測s を強調するing the strength of the U.S. 消費者.

Unlike the reaction to 類似して decent results from some of its Big Tech peers this week, 株 in the online 小売 巨大(な) アマゾン climbed 5% after hours. The company said its cloud growth had stabilised and fourth-4半期/4分の1 指導/手引 met 予測(する)s.

And both Nasdaq and S&P500 未来s were 始める,決める to bounce into the 週末 later after the cash markets の近くにd at their lowest since May.

The 救済 is welcome. As an October to forget comes to a の近くに on Monday, the S&P500 is 始める,決める to clock its third straight month of losses for the first time since the pandemic 攻撃する,衝突する - only the second such 月毎の losing streak in seven years.

The biggest driver of that 退却/保養地 has been spiralling long-称する,呼ぶ/期間/用語 borrowing costs.

確定/確認 that U.S. GDP growth more than 二塁打d between through the third 4半期/4分の1 to 攻撃する,衝突する two-year highs of 4.9% shows partly why the 財務省 market has been running 脅すd for weeks - fearful the sheer strength of the 拡大 would 妨げる the 連邦の Reserve cutting 率s for up to a year at least.

With 名目上の U.S. growth running at の近くに to 8%, depending on which インフレーション 計器 you use, the heat is impressive. 名目上の U.S. growth was more than twice that of 中国's during the 4半期/4分の1.

But with 近づく 5% 10-year 財務省 産する/生じるs at least partly 定価つきの for that, the 社債 markets on Thursday took their cue from ebbing 核心 PCE インフレーション readings in the 詳細(に述べる)s of the GDP 報告(する)/憶測 - showing a 減産/沈滞 to a lower than 推定する/予想するd 2.4% last month. And even the racy headline GDP growth 率 was below many 仮定/引き受けることs of a 5%-加える print.

The upshot was a 15 basis point 頂点(に達する)-to-気圧の谷 daily 退却/保養地 of the 10-year 産する/生じる - which has stabilised about 4.85% 夜通し ahead of the September 月毎の PCE reading later on Friday and next week's Fed 政策 会合.

That 社債 救済 has perhaps flattered the 夜通し 在庫/株s bounce - although on aggregate the 収入s season is pretty decent too. More than 80% of companies have beaten so far and S&P500 companies are on course for 年次の 利益(をあげる) growth of 2.6% for Q3 and pencilling in some 12% 収入s 拡大 for 2024.

Big Oil 取って代わるs Big Tech at the 最高の,を越す of Friday's 法人組織の/企業の diary, with recently acquisitive Exxon Mobil and Chevron 予定 to 報告(する)/憶測. America's most 価値のある company, Apple, is out next week.

どこかよそで, 全世界の 在庫/株s 逮捕(する)d by MSCI's all-country 索引 also bounced from their lowest level since March.

乱打するd Chinese 在庫/株s crept higher for a fourth 開会/開廷/会期 after data showed 利益(をあげる)s at 産業の 会社/堅いs there 延長するd 伸び(る)s in September, while 政策 対策 目的(とする)d a stabilising the 病んでいる economy helped 投資家 感情.

Geopolitical 関心s 緩和するd a touch after 中国's 最高の,を越す 外交官 Wang Yi said on Thursday the 部隊d 明言する/公表するs and 中国 need "in-depth" and "包括的な" 対話 to 減ずる 誤解s and 安定させる 二国間の/相互の relations.

But war in the Middle East will likely keep markets 用心深い of 週末 開発s in the 地域 through Friday - with 緊張s moving to U.S. 約束/交戦 in Syria o vernight.

天然のまま oil prices were marginally higher and the dollar 支援するd off the week's highs, slipping 支援する below the 150 yen it 違反d on Thursday, even though no 日本銀行 介入 現れるd as many has 恐れるd.

In Europe, the European Central Bank held the line on 利益/興味 率s on Thursday but left its balance sheet runoff 計画(する)s 不変の - a crumb of 慰安 for those 推定する/予想するing a faster unwind of its 社債 holdings.

European 株 索引s were muted on Friday, with フラン's blue-半導体素子 索引 lagging peers after a dour 予測(する) from drugmaker Sanofi sent its 株 負かす/撃墜する 15%.

Britain's NatWest shed more than 10% on a 利益(をあげる) 見通し downgrade and news the 財政上の 行為/行う 当局 is 調査(する)ing the 貸す人's 扱うing of the accounts of the former Brexit party leader.

重要な 開発s that should 供給する more direction to U.S. markets later on Friday: * U.S. Sept personal income/消費 and PCE インフレーション 計器, Dallas Sept Fed PCE 見積(る), final Oct. University of Michigan 消費者 調査する reading * U.S. 法人組織の/企業の 収入s: Exxon Mobil, Chevron, Abbvie, Colgate-Palmolive, TRowe Price, Aon, Xcel Energy, Stanley 黒人/ボイコット & Decker, CBRE, LyondellBasell, 借り切る/憲章 Communications, Phillips 66 * European Central Bank 大統領 Christine Lagarde …に出席する European Union 首脳会議 in Brussels

(By マイク Dolan, editing by Jane Merriman マイク.dolan@thomsonreuters.com. Twitter: @reutersMikeD)

Sorry we are not 現在/一般に 受託するing comments on this article.