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Update: US Equity Indexes Mixed as Steepest Decliner Technology Eats into Consumer Discretionary Gains
(Updates with index/price moves, macroeconomic data, and analyst comment from the first paragraph.)...
Brent Erases Iran War Premium as Hormuz Flows Show Signs of Recovery
Oil prices tumbled as markets bet Strait of Hormuz disruptions will ease, with Brent down 10% on the...
Former Goldman CEO Lloyd Blankfein calls day trading his ‘music’ — and says 98% of his portfolio is in risky assets
Lloyd Blankfein said 10% of his portfolio is in exchange-traded funds, with between 75% and 90% in single stocks
Tech Stocks Set for Rebound as Investors Await Fed Meeting
U.S. stock futures rose as further details on a memorandum of understanding between the U.S. and Iran lifted sentiment.
Tesla Stock Is Down. An Argentina Charger Deal Won’t Help.
Tesla stock is down early Wednesday. Shares of the electric-vehicle maker were down 0.3% in premarket trading at $404.66, while futures were up 0.1% and futures were down 0.1%. The move came desp ...
South Africa Retail Sales (YoY) declined to 1.3% in April from previous 2.6%
South Africa Retail Sales (YoY) declined to 1.3% in April from previous 2.6%
United States MBA Mortgage Applications down to -3.8% in June 12 from previous 10.8%
United States MBA Mortgage Applications down to -3.8% in June 12 from previous 10.8%
How Pizza Hut fell from stuffed-crust glory to corporate castoff
“They struggled to figure out what the next big thing was,” an analyst says in the wake of a recently announced private-equity buyout.
Euro: Range holds with downside bias to 1.1200 – Societe Generale
Kit Juckes at Societe Generale highlights that recent G10 central bank actions have not sparked major FX moves, with EUR/USD still range-bound. He notes deeper Eurozone GDP forecast cuts versus other ...
U.S. small-cap rally may lose steam, Variant Perception says
Altimmune shifts headquarters to New Jersey, targeting biopharma talent and cost savings
An oil bull’s ‘insane’ bet: Why this veteran trader is buying energy stocks as prices tumble
Former institutional trader Kevin Muir pushes against the market tide with a call to buy oil now.
Kevin Warsh Has Been Given a Smooth Opening Day Runway. How Long That Lasts Is Another Matter.
Market volatility readings for the new Fed chairman are muted. We’ll soon find out if that’s a good thing.
Gold trades sideways as markets await Fed guidance, monitor US-Iran peace deal
Gold (XAU/USD) trades around $4,332.60 on Wednesday at the time of writing, little changed on the day, as investors remain cautious ahead of the Federal Reserve’s (Fed) monetary policy decision.