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The S&P 500 rose 0.49%, the Nasdaq gained 0.47% and the Dow added 0.91% as AI-related shares led gains. Akamai surged after an $11.6 billion deal with Anthropic, while the benchmark 10-year Treasury yield hit a fresh 19-year high.
The S&P 500 rose 0.45%, the Nasdaq gained 0.50% and the Dow advanced 0.78%. Microsoft climbed 3.3% after unveiling new Copilot capabilities, while Akamai surged 6% on an $11.6 billion Anthropic deal.
Top commodity gainers are Natural gas (8.27%), Methanol (4.90%), Natural Gas EU (3.68%), Brent Oil (3.23%) and Crude Oil (2.62%). Biggest loser is Heating Oil (-0.80%).
Top commodity gainer is Natural gas (6.46%). Biggest losers are Crude Oil (-2.97%), Methanol (-2.72%), Natural Gas EU (-2.62%) and Brent Oil (-1.86%).
U.S. stock futures are trending higher early Wednesday as investors await the Federal Reserve’s highly anticipated interest rate decision and weigh cooling fears over an AI slowdown against the massive economic costs of the U.S.-Iran conflict. The Polymarket (CRYPTO: POL) crowd is leaning bullish for the Sept. 16 tradi
Top commodity gainers are Heating Oil (5.88%), Gasoline (4.62%), Crude Oil (3.99%) and Brent Oil (2.53%). Biggest losers are Germany Natural Gas THE (-3.13%), Natural Gas UK (-2.04%) and Methanol (-2.04%).
Top commodity gainers are Heating Oil (6.20%), Gasoline (4.62%), Crude Oil (4.58%) and Brent Oil (3.11%). Biggest losers are Natural Gas UK (-3.77%), Natural Gas EU (-2.78%) and Germany Natural Gas THE (-1.74%).
Diesel prices crossed $6 a gallon nationally for the first time, according to the report. The article says the move may add inflation pressure across the supply chain as trucking and other transport costs rise.
Some California stations are displaying diesel prices at the $9.999-per-gallon pump limit, according to GasBuddy analyst Patrick De Haan. AAA data also showed the national diesel average at $5.9773 and California at $7.9114 on Thursday.
US index futures fell: S&P 500, Nasdaq 100, Dow, and Russell 2000 futures. The dollar index rose, EUR/USD fell, and WTI climbed to 101.1.
Global benchmark bond yields are surging, with Japan’s 10-year yield at 3%, U.K. gilts at 5.27% and U.S. Treasuries briefly at 4.8%, while Robin Brooks says the sell-off has been building since 2022.
Brent crude rose above $96 a barrel after fresh U.S. strikes on Iranian targets and Iranian retaliation across the Middle East raised Strait of Hormuz fears.
Brent crude jumped past $92 after attacks on oil tankers in the Strait of Hormuz, while oil-linked stocks and broader equity futures moved lower in premarket trading.
US stocks decline, oil prices rise
() -- West Texas Intermediate (WTI) crude oil surged 9.2% Monday to the highest in a month after the conflict between the US and Iran escalated over the weekend, fueling concerns about potential disruptions to global crude supplies. WTI crude oil closed up $6.73 to settle at $78.14 per barrel, the highest since June 15
() -- Oil prices gained more than 4% on Monday as escalating military hostilities between the US and Iran ignited fears of prolonged supply disruptions. Brent crude futures rose over 4% to $79.21 per barrel, while Murban crude futures gained 4.2% to $74.07/bbl. "Further escalation in the Persian Gulf has oil prices mov
Fresh military strikes in the Middle East have shattered a fragile ceasefire, sending crude oil prices surging and guaranteeing an immediate spike in fuel costs. This rapid increase, contrasted with sluggish price drops during periods of relief, is driven by a “hidden pattern” that economists have long tracked. The Roc
() -- Crude oil futures rallied in midday trading on Wednesday after President Trump declared the ceasefire with Iran over and signaled that further military strikes were imminent. Front-month West Texas Intermediate crude futures climbed 5.8% to $74.48 per barrel, while Brent futures jumped 6.2% to $78.77/bbl. Trump,
US strikes in Iran raise concerns over Hormuz shipping, boosting oil prices. Brent crude price increases due to potential supply disruptions.