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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.
US heating oil futures rose above $4.80 per gallon, partially recovering their losses from the previous session, after the White House denied reports that the US was preparing a 90-day diesel export ban. Energy Secretary Chris Wright also said the administration was instead working with refiners to increase US diesel s
HIGHLIGHTS * Gov Barr (permanent FOMC voter)'s speech Tuesday is primarily on the longer-term outlook for the housing sector, but importantly he notes that his "base case" is for "further policy adjustments" (plural) * Iranian security chief Rezaii via Irib: "Iran has not been in a hurry to negotiate; today, Iran's con
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
For years, investors have argued about whether the small-cap premium still exists. The original case was easy enough to understand. Smaller companies should produce higher returns because investors are accepting more risk. These businesses usually have less access to capital, fewer revenue sources, thinner trading volu
A P Moller Maersk (OTC: AMKBY ) held its second-quarter earnings conference call on Thursday. Below is the complete transcript from the call. This content is powered APIs. For comprehensive financial data and transcripts, visit Access the full call at Summary A P Moller Maersk reported strong financial performance for
examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. U.S. stocks ended the week lower despite a Friday rebound, as surging oil prices, rising Treasury yields and growing expectations for a Federal Reserve rate hike pressured equities. The S&P 500 fell
Oil prices rose in volatile trade. Brent is up 0.9% to $95.50 a barrel after U.S. crude stockpiles fell more than expected last week; WTI futures are up 0.5% to $90.67.
Semiconductor stocks are under pressure in U.S. early trade after Samsung Electronics fell 8.7% in South Korea, while Nvidia earnings are due Wednesday after the close.
U.S. crude rises above $85 a barrel as Strait of Hormuz disruption keeps oil logistics under strain, with USO, XOP and OIH each in the green year to date.
Tech stocks fell for a third straight session Friday as the semiconductor complex extended one of its worst weeks of the year, with investors fleeing the AI hardware trade after a Chinese startup unveiled the world’s largest open-weight model. The selloff had already started in Asia overnight, where Moonshot AI showcas
() -- Gold traded higher early on Thursday but remains rangebound as inflation worries again heightened with oil prices rising on renewed fighting between Iran and the U.S. Gold for August delivery was last seen up $32.70, or 0.8% to $4,115.10 per ounce. The price of the metal has hovered above the $4,000 mark for the
US-Iran strikes raise doubts on peace deal, impacting oil prices. Geopolitical tensions reopen Strait of Hormuz.