Oct 14, 2026 · 59 min · 12 segments
On Wednesday’s “Peter Lewis’ Money Talk” podcast, I’m joined by Richard Harris, Chief Executive Officer at Port Shelter Investment Management, and James Wong, the CEO of Almagest Asset Management…
Hao HongGuest
Richard HarrisGuest
James WongGuestOn Wall Street Tuesday, stocks struggled for momentum despite a solid start to earnings season on Wall Street.
Shares of JPMorgan Chase, which reported an 8% rise in revenue but missed analysts' expectations, dropped as much as 4% at one point before recovering most of its losses to end the day down 0.9%.
Goldman Sachs shares fell 0.2% after the bank beat expectations and reported equities revenue rose 72% from a year earlier.
Citigroup's profits jumped 40% in its third quarter, beating expectations on strong revenue growth.
The yield on the 10-year Treasury note was down two basis points at 5.22%, and the yield on the 30-year US Treasury bond fell for its third straight session for the first time since early August, dropping three basis points to 5.57%.
In the currency markets, the dollar retreated from the 18-month high hit on Monday.
Spot gold settled 0.3% lower at $4,159 an ounce, and Brent crude oil futures declined 0.9% to $105.69 a barrel.
South Korean shares led the declines, with the KOSPI index closing down 5.5% at 6,035, its lowest level since July the 31st.
The chip-heavy Staff 50 index declined 0.5% after falling as much as 3.8% earlier in the day.
In Hong Kong, the Hang Seng Index climbed 74 points, or a third of a percent, closing at 24,345.
Futures markets in the region this morning pointing to a decline of 1% for the Hang Seng at the open in Hong Kong, Nikkei 225 in Japan set to rise about a third of a percent.
On Wall Street Tuesday, stocks struggled for momentum despite a solid start to earnings season on Wall Street.
Shares of JPMorgan Chase, which reported an 8% rise in revenue but missed analysts' expectations, dropped as much as 4% at one point before recovering most of its losses to end the day down 0.9%.
Goldman Sachs shares fell 0.2% after the bank beat expectations and reported equities revenue rose 72% from a year earlier.
Citigroup's profits jumped 40% in its third quarter, beating expectations on strong revenue growth.
The yield on the 10-year Treasury note was down two basis points at 5.22%, and the yield on the 30-year US Treasury bond fell for its third straight session for the first time since early August, dropping three basis points to 5.57%.
In the currency markets, the dollar retreated from the 18-month high hit on Monday.
Spot gold settled 0.3% lower at $4,159 an ounce, and Brent crude oil futures declined 0.9% to $105.69 a barrel.
South Korean shares led the declines, with the KOSPI index closing down 5.5% at 6,035, its lowest level since July the 31st.
The chip-heavy Staff 50 index declined 0.5% after falling as much as 3.8% earlier in the day.
In Hong Kong, the Hang Seng Index climbed 74 points, or a third of a percent, closing at 24,345.
Futures markets in the region this morning pointing to a decline of 1% for the Hang Seng at the open in Hong Kong, Nikkei 225 in Japan set to rise about a third of a percent.
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