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Stock Market Today: Dow Up, Big Tech Falls Amid These Rate Hike Calls; This AI Stock Tests Entry (Live Coverage)
The Dow Jones index rises as Treasury Secretary Scott Bessent makes an Iran move. Microsoft falls on...
U.S. Airlines Set To Pocket $40 Billion As Jet Fuel Prices Crash
U.S. airlines stand to save billions in dollars on jet fuel costs after the US-Iran peace deal sent ...
South Korean Won: Fading strength as volatility stays high – OCBC
OCBC’s Christopher Wong reports South Korean Won (KRW) led declines in Asia FX, pressured by higher Oil, firmer UST yields, softer risk tone and heavy foreign equity outflows.
Gold slips as hot US PPI lifts US yields and US Dollar
Gold (XAU/USD) price edges lower during Wednesday’s session following another high inflation print in the US: input prices for producers, which hit their highest level in four years. At the time of wr ...
WTI fluctuates below $100 as stalled US-Iran talks keep Hormuz supply fears alive
West Texas Intermediate (WTI) crude Oil fluctuates with minor losses on Wednesday, though prices remain supported by fears that disruptions through the Strait of Hormuz may persist longer than expecte ...
Two words could rewrite the Fed: what happens if "maximum employment" gets struck?
The House Financial Services Committee (HFSC), chaired by Representative French Hill (R-AR), is the lower chamber's primary oversight body for banking, capital markets, housing finance, and monetary p ...
Pound Sterling Price News and Forecast: Falls as hot PPI, Starmer turmoil lift the US Dollar
The British Pound posted losses of 0.19% in back-to-back bearish days after a red-hot US inflation report, piling pressure on UK Prime Minister Keir Starmer to resign from his job. The GBP/USD trades ...
British Pound falls as hot PPI, Starmer turmoil lift US Dollar
The British Pound (GBP) posts a 0.19% loss against the US Dollar (USD) on Wednesday in back-to-back bearish days after a red-hot US inflation report, amid mounting pressure on UK Prime Minister Keir S ...
APAC FX: CNY and JPY dynamics shape flows – BNY
BNY’s Geoff Yu notes that APAC (Asia-Pacific) currencies remains underowned outside the Korean Won (KRW) and Japanese Yen (JPY), as investors revisit the region for diversification but remain wary of ...
Euro: Trading mildly softer against US Dollar – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret report EUR/USD trading softer near 1.1711, extending its recent downward drift as markets weigh US–Iran tensions and UK political risks alongside ...
United States EIA Crude Oil Stocks Change below forecasts (-2.1M) in May 8: Actual (-4.306M)
United States EIA Crude Oil Stocks Change below forecasts (-2.1M) in May 8: Actual (-4.306M)
British Pound: Weakens agains Euro as political risks weigh – ING
ING’s Chris Turner reports that Sterling weakened independently as UK politics took centre stage, with Prime Minister Keir Starmer facing potential leadership challenges from figures like Wes Streetin ...
British Pound softens against Japanese Yen amid rising uncertainty over UK leadership
GBP/JPY extends losses for the second consecutive day on Wednesday as the British Pound (GBP) comes under broad pressure, weighed down by rising political uncertainty in the United Kingdom.
Wix.com (WIX) misses Q1 earnings and revenue estimates
Wix.com (WIX - Free Report) came out with quarterly earnings of $0.68 per share, missing the Zacks Consensus Estimate of $1.21 per share. This compares to earnings of $1.55 per share a year ago. These ...