Fed Chair Warsh Remarks Eyed for Rate Path; Evercore Sees No October Hike Signal

Markets await Fed Chair Kevin Warsh's remarks for clues on whether officials are moving from a skip to an October rate hike. Evercore's Krishna Guha expects Warsh to avoid signaling a hike, citing global tech stock weakness. Separately, Anthropic told investors Q3 revenue reached $16.8 billion. Penske Automotive agreed to go private at $16.3 billion enterprise value, as previously reported.