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Stock Market Today, Aug. 20: Stocks Slide on Weak Retail Earnings, Rising Bond Yields
Today, Aug. 20, 2026, disappointing consumer results and rising oil prices snapped Wednesday's relie...
US Stock Indices End Lower As Trump’s ‘Economic Warfare’ Threats Push Yields, Oil Higher — WMT, CRWV, SBUX, DE, RKLB In Focus
President Donald Trump, in a Truth Social post, threatened Iran with “economic warfare.”...
US Treasury intervenes in bond market to drive yields lower
In a transparent effort to manipulate the bond market, the U.S. Treasury announced it would double t...
WTI falls below $83.00 despite hostilities in the Middle East
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $82.80 during the early Asian trading hours on Thursday. WTI falls amid some profit-taking despite escalating conflicts in ...
Q2 Holdings forecasts $881M-$886M 2026 revenue while raising subscription growth view to 14.5%
Australian Dollar gains despite cooling domestic Inflation, hawkish Fed hold
AUD/USD inches higher after two days of losses, trading around 0.6960 during the Asian hours on Thursday. The currency pair may face potential downside pressure as the US Dollar (USD) could gain stren ...
PBOC sets USD/CNY reference rate at 6.7892 vs. 6.7899 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7892 compared to the previous day's fix of 6.7899.
PennyMac outlines ~$60M annualized cost savings as it targets a return to mid-teens ROEs
Entergy outlines 7 to 12 gigawatts of hyperscale pipeline while affirming 2026 adjusted EPS guidance
Aurora outlines plan to exit 2026 with 200 driverless trucks as Aurora Driver 2 launches
L3Harris raises 2026 EPS view to $11.80-$12.00 while planning to revisit Missile Solutions IPO mid-2027
British Pound retreats from weekly high vs firmer USD as focus shifts to BoE, US data
The GBP/USD pair struggles to capitalize on the previous day's strong move up to the weekly high and drifts lower during the Asian session on Thursday.
Align outlines 2027 operating margin +100 bps target while planning $400M-$500M 2026 buybacks
Wall Street’s Worst Day Since April 2025: Did the Fed Just Lose the Market?
The Dow fell 1,153 points after the Fed held rates steady, as bond yields surged amid inflation fears following a tense FOMC.
Investors warn BoJ faces test to inflation-fighting credibility
Friday’s meeting on interest rates will be closely watched for signs of future policy decisions