Top News Today: U.S. Stocks Mostly Lower as Bond Selloff Worsens -2-

Ondo is launching seven tokenized model portfolios on Thursday, including the three from BlackRock: high-income, diversified growth and high-growth.

The BlackRock portfolios will hold a mix of stock, bond and bitcoin exchange-traded funds depending on their profile. Ondo will issue a token tracking each of the portfolios. As investors buy them, self-executing software automatically buys shares in the underlying ETFs that make up the portfolio.

The model portfolios will initially be available to non-U. S. investors, who won't have direct shareholders rights in the underlying securities held. Investors will be able to borrow against their tokens, transfer them and trade them 24/7.

--Vicky Ge Huang, The Wall Street Journal

Expected Major Events for Friday 05:00/JPN: Aug Supermarket sales

05:30/JPN: Aug Tokyo area department store sales

05:30/JPN: Aug Nationwide department store sales

06:00/GER: Oct GfK consumer climate survey

06:45/FRA: 2Q Job creation

08:30/UK: Aug Capital issuance statistics

12:30/US: Aug Advance Report on Durable Goods

14:00/US: Sep University of Michigan Survey of Consumers - final

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Expected Earnings for Friday Escalon Medical Corp (ESMC) is expected to report for 4Q.

Lunai Bioworks Inc (LNAI) is expected to report for 4Q.

NanoViricides Inc (NNVC) is expected to report $-0.10 for 4Q.

Southern Banc Co Inc (SRNN) is expected to report for 4Q.

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This article is a text version of a Wall Street Journal newsletter published earlier today.

(END) Dow Jones Newswires

September 24, 2026 16:40 ET (20:40 GMT)