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Update: US Equity Indexes Mixed as Chipmakers Push Technology Lower, Bessent Unveils Plans to Choke Iran's Economy
(Updates with index/price moves, macroeconomic data, analyst comments, and company/geopolitical news...
Update: Nasdaq, S&P 500 Fall as New Sanctions Plan Targets Iran's Trading Partners
(Updates with market moves at the end of the day, and other changes, if any.) The Nasdaq Composit...
CBS fires Scott Pelley after clash over ‘60 Minutes’
Sacking escalates bitter confrontation between newsroom and editor-in-chief Bari Weiss
British Pound steadies as increased risk aversion offsets hawkish BoE tone
GBP/USD moves little following a four-day winning streak, trading around 1.3470 during the Asian hours on Wednesday. The pair steadies as the US Dollar (USD) remains firm, driven by stalled US-Iran pe ...
Dow Jones Futures: Palo Alto Falls On Earnings; Google Tests Support
The stock market hit new highs, extending a win streak. AI and metals led while Google tested support. Palo Alto earnings beat late.
Yesway outlines $210M-$220M fiscal 2026 adjusted EBITDA outlook while planning 6-8 new stores
New Zealand Dollar firms on upbeat China PMI; snaps two day losing streak vs USD
The NZD/USD pair gains some positive traction following the better-than-expected release of China's Services PMI and climbs to the 0.5935 region during the Asian session on Wednesday.
Australian Dollar holds losses below 0.7200 after weaker Australian GDP data, US-Iran tensions
The AUD/USD pair declines to around 0.7180 during the early Asian session on Wednesday. The Australian Dollar (AUD) weakens against the US Dollar (USD) following a downbeat domestic Gross Domestic Pro ...
Silver Price Forecast: XAG/USD slips below $75.00 due to fresh Middle East hostilities
Silver price (XAG/USD) depreciates after registering modest gains in the previous day, trading around $74.70 per troy ounce during the Asian hours on Wednesday. The non-yielding white metal loses grou ...
World shares are mixed as Tokyo's Nikkei 225 follows Wall Street to an all-time high
European shares opened lower after a mixed day of trading in Asia, where Japan’s Nikkei 225 index topped 68,000 for the first time on Wednesday. Buying of technology shares linked to the boom in arti ...
Oil Prices Climb as U.S. Strikes Tanker and Downs Iranian Drones
Oil prices rose in early Asian trade on Wednesday after yet another escalation in the Middle East, with Iran firing missiles at Kuwait and Bahrain, and the U.S. firing on and disabling an oil tanker h ...
China’s RatingDog Services PMI rises to 54.4 in May
China's Services Purchasing Managers' Index (PMI) rose to 54.4 in May from 52.6 in April, the latest data published by RatingDog showed on Wednesday. This figure came in stronger than the market expec ...
Australian Dollar trades below multi-decade high vs Yen after weaker GDP
The AUD/JPY cross remains on the defensive following the release of Australia's GDP report, though it manages to hold above the 114.50 area through the Asian session on Wednesday.
China RatingDog Services PMI above forecasts (52.3) in May: Actual (54.4)
China RatingDog Services PMI above forecasts (52.3) in May: Actual (54.4)