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Update: Strong Gains in Communication Services, Consumer Discretionary Lift US Equity Indexes; Crude Oil Heads Higher
(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe...
Semiconductor stocks are surging while the ‘Magnificent Seven’ is struggling. This divergence of fortunes could be bad news for the market.
Semiconductor stocks have surged more than 80% this year, riding a wave of AI demand from the “Magni...
ADNOC, Eni Acquire Stakes In Gas Blocks Linked To Argentina’s LNG Project
Abu Dhabi’s XRG, the international investment arm of the Abu Dhabi National Oil Company (ADNOC), and...
Indonesian Rupiah hits record low vs USD on Middle East tensions; USD/IDR conquers 17,700
The USD/IDR pair prolongs its recent well-established uptrend and advances to a fresh all-time peak, beyond the 17,700 mark, at the start of a new week.
2 Financials Stocks for Long-Term Investors and 1 Facing Challenges
Financial providers use their expertise in capital allocation and risk assessment to help facilitate economic growth while offering consumers and businesses essential financial services. But uncertain ...
Musician Sheryl Crow is selling part of her Nashville estate for $1.8 million
Country music legend Sheryl Crow is offloading a small slice of her extravagant Nashville estate for $1.8 million—more than a decade after adding the 2.2-acre parcel to her longtime Tennessee compound ...
Japan mulls issuing fresh debt to fund extra budget - Reuters
According to a Reuters report, the Japanese government plans to issue fresh debt as part of its funding for a planned extra budget, a scenario that would undermine the Japanese Yen (JPY) and boost yie ...
Cuba drone threat: Havana says U.S. is fabricating pretexts for potential attack
Apple told by Indian court to 'cooperate' in antitrust case: report
US Dollar: Fed pressure and bond sell-off – ING
ING’s Chris Turner highlights that rising US Treasury yields and a bearish yield curve steepening are pressuring the Federal Reserve (Fed) to sound more hawkish, even without immediate hikes. He notes ...
1 S&P 500 Stock to Target This Week and 2 We Avoid
The S&P 500 (^GSPC) is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability. But not all large-cap stocks are created equal - some a ...
Japanese Yen struggles despite retreating oil prices
USD/JPY continues its winning streak for the sixth consecutive day, trading around 158.90 during the European hours on Monday.
Stock futures slip ahead of Nvidia earnings later this week
US President Trump: Iran is dying to sign a deal
United States (US) President Donald Trump said in an interview with Fortune, released during the European trading session on Monday, that Iran is dying to sign a deal with Washington. “I can tell you ...
Wow! The Federal Reserve's May Inflation Forecast Was Just Updated, and Things Are Looking Worse for Wall Street.
This is nightmare fuel for a historically expensive stock market that had already priced in additional rate cuts.