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U.S. stocks edged higher by midday Friday, with the Nasdaq rebounding from Thursday’s setback sparked by concerns over OpenAI’s weaker-than-expected revenue, while the wireless carriers were hammered by a Space Exploration Technologies Corp. (NASDAQ: SPCX ) spectrum deal. SpaceX said Thursday it acquired a nationwide 8
Crude oil inched up toward $92 per barrel on Friday, holding gains from the previous session as mounting supply risks counterbalanced temporary relief that the US would not escalate the conflict against Iran this month. Freight costs for tankers crossing the Persian Gulf soared to record highs, and traffic through the
India’s BSE Sensex rose about 1.1% to 72,367 on Friday, rebounding from steep losses in the previous session that pushed the index to a 32-month low, as IT stocks led a technical rebound. Tata Consultancy Services advanced 5.0% after reporting stronger AI-related revenue and international business growth in the Septemb
Intel Corp. (NASDAQ: INTC ) stock fell on Monday as higher Treasury yields, caution around artificial intelligence risks and profit-taking weighed on the chip maker. The stock had risen 28.42% over the past month before the decline. The Nasdaq is down 1.35% while the S&P 500 has shed 0.84% and Technology is also in the
The FTSE MIB rose over 1% to around 52,000 on Friday, rebounding from a four-week low, as easing oil prices offered some respite to markets. Crude prices paused their recent rally after the US and Iran were reportedly exploring a phased agreement that could reopen the Strait of Hormuz. Gains were broad-based, spearhead
The Indian rupee is expected to open around 95.90-95.95 on Monday, marginally weaker than its previous close of 95.8725. Traders are closely monitoring oil prices and foreign portfolio flows for direction. Expectations of central bank intervention are seen limiting the currency's weakness. Hopes of a diplomatic solutio
Crude oil trimmed losses and crawled back to above the $100 per barrel threshold on Friday, remaining close to the four-month high of $106 from earlier in the week on persistent setbacks to supply. US President Trump noted the possibility that the US could re-escalate attacks against Iran next week after recent attempt
U.S. major indexes are trading mostly lower as crude oil prices rebound from the prior session, with the Nasdaq leading the pullback.
American Airlines shares traded higher as crude oil prices eased and Wall Street firms updated price forecasts this week. Barclays kept an Equal-Weight rating and lowered its target to $14, while UBS kept a Buy rating and cut its target to $17.
U.S. stocks rose after four straight losses as crude oil retreated below $100 a barrel, while technology shares led gains. Dell jumped 11.3% and Hewlett Packard Enterprise rose 9.1% on the AI infrastructure read-through from Oracle’s capex outlook.
Bank Nifty recovered 770 points from its intraday low, later trading flat near 56,471 around 2 pm. HDFC Bank and Yes Bank were reported to be gaining, while PSU banks lagged.
India’s BSE Sensex rose about 0.6% to 76,631 on Friday, rebounding from four straight loss sessions. Easing expectations for a September US Fed rate hike lifted risk appetite.
Gold rose above $4,360 an ounce on Wednesday as the USD and Treasury yields pulled back from recent highs. Traders also looked to US payrolls due Friday for clues on the Fed path.
TSX futures edge lower as the US threatened an indefinite naval blockade of Iran, lifting oil, pressuring inflation-sensitive financials and credit-sensitive shares while gold rebounds.
US equity futures on Friday were little changed, indicating stocks are poised to steady from the deepest one-day drop in a month, as Brent crude prices fell below $100 a barrel and a selloff in Big Tech shares eased.