Good morning, you're tuned in to Markets Desk.
Singapore's Straits Times Index is holding just above the five thousand six hundred fifty-five level after another soft session Friday, extending a week marked by modest but persistent selling pressure. The index shed roughly eighty-five points across two sessions earlier this week, and traders appear content to stay cautious near current levels rather than press any directional bets.
Turning to defense equities, a growing number of analysts are steering investors away from Palantir and toward names with more tangible revenue visibility. RTX stands out with a backlog of two hundred eighty-nine billion dollars, including one hundred nineteen billion in pure defense contracts — that kind of forward visibility is exactly what institutional money gravitates toward when sentiment turns risk-averse.
And on the retirement planning front, Social Security watchers are projecting a cost-of-living adjustment for two thousand twenty-seven somewhere in the range of three point four to three point six percent. That may sound modest, but for fixed-income retirees managing multi-year budgets, even a half-point swing in that estimate can meaningfully reshape monthly cash flow planning well ahead of the official announcement.
That's the tape. Markets Desk, signing off the floor.
