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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...
Oil prices fall as Bessent outlines new steps to punish Iran
Oil prices retreated as US Treasury Secretary outlined plans for more sanctions to punish Iran while...
Houthis Target Saudi Oil Tanker in Red Sea Missile and Drone Attack
Yemen's Houthis on Monday targeted the Saudi oil tanker Amzan in the Red Sea off Yanbu with a ballis...
Canadian Dollar: BoC on hold and hikes priced out – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad reports USD/CAD is consolidating losses after benign United States (US) Consumer Price Index (CPI) and Producer Price Index (PPI) data, with the Bank of Ca ...
Japanese Yen: Mixed range trade outlook against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that USD/JPY has seen a slight increase in downward momentum, pointing to a lower intraday range around 161.70–162.30.
Chip stocks fall, UnitedHealth earnings beat before the bell
Semiconductor stocks are dragging Nasdaq futures lower, while UnitedHealth stock jumped 4% after topping earnings expectations
US Dollar: Retail sales slowdown view – TD Securities
TD Securities’ macro team expects June US Retail Sales to stagnate at 0.0% month-on-month, versus the consensus 0.2%. They see weakness led by the control group, negative gasoline sales from falling p ...
Tech Caution Undercuts Wall Street Pre-Bell; Asia Mixed, Europe Off
Wall Street futures pointed moderately lower pre-bell Thursday, as traders weighed tech issues and n
The Lehman Brothers of the AI bubble is coming, says this critic warning of a fallout for tech and the entire market
OpenAI is going down, and taking investors and an entire industry with it, argues artificial-intelligence critic Ed Zitron.
Gold Price Forecast: XAU/USD stays below 20-day EMA, sees further downside below $3,940
Gold price (XAU/USD) is down 0.7% to near $4,030 during the European trading session on Thursday. The precious metal faces selling pressures as global inflation concerns remain intact amid elevated en ...
UnitedHealth in Charts: UnitedHealthcare and Optum post rare revenue declines in Q2
Australian Dollar consolidates gains as dwindling Fed hiking hopes hurt the US Dollar
The Australian Dollar (AUD) trades practically flat against a weaker US Dollar (USD) on Thursday as investors pare back bets of immediate Fed tightening, following unexpectedly soft US inflation figur ...
Crude oil loading suspended at all Iraqi terminals after drone incident – Reuters
Citing four Iraqi oil and security sources, Reuters reported on Thursday that a drone crashed into an oil tanker in Iraq's Basra terminal, although no damage or fire was caused.
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $57.00 per troy ounce, down 1.34% from the $57.77 it cost on Wednesday.
Investors Just Got a Subtle Warning From the Federal Reserve. History Says the Stock Market Will Do This Next.
The Federal Reserve may pivot to interest rate increases this year, a move that has often led to stock market corrections.