Be in the know. 16 key reads for Wednesday…

  1. Car Sales Set to Surge as Buyers Race to Nab Lapsing EV Credit (bloomberg)
  2. US auto sales set to rise 6% in third quarter (reuters)
  3. Nissan to Reboot Xterra SUV as a Hybrid, Freezes Plans for US EV (bloomberg)
  4. Goldman Says Looser Land Rules May Ease US’s Housing Squeeze (bloomberg)
  5. U.S. Home Prices Continued to Cool Ahead of Fed’s Rate Cut (wsj)
  6. KeyBanc initiates QXO stock with Overweight rating on growth potential (investing)
  7. Fed’s Collins Says More Easing May Be Appropriate in 2025 (bloomberg)
  8. Lower Rates Could Help These Unloved Bank Stocks Shine (wsj)
  9. US Consumer Confidence Falls to Five-Month Low on Job Concerns (bloomberg)
  10. How Government Shutdowns Affect the Economy (wsj)
  11. With Shutdown All But Assured, Goldman’s Full Government Shutdown Q&A (zerohedge)
  12. AI’s Winners Aren’t All in Tech. 22 Cheaper Stocks to Consider. (barrons)
  13. Hong Kong’s huge year of IPOs continues, with annual crown all but assured (scmp)
  14. Hang Seng Tech Hits 4-Year High, Remains -40% Below All Time High (chinalastnight)
  15. Greer Sees Managed Trade With China. He Explains Case for U.S. Stakes in Companies. (barrons)
  16. Nike Tops Earnings Estimates and Posts Surprise Revenue Increase. The Stock Inches Higher. (barrons)