Oil prices ease after spiking following fresh U.S. strikes against Iran
Oil prices turned lower on Thursday having spiked after the U.S. carried out fresh strikes on Iran, renewing concerns about supply disruptions in the Middle East.
Markets
Trump loses appeals court bid to delay paying E. Jean Carroll $5M in damages
A New York federal appeals court on Wednesday night rejected a request by President Donald Trump to block E. Jean Carroll from collecting $5 million plus interest for damages from a jury verdict that held him civilly li…
Corn Corrects Lower on Wednesday
Corn futures fell back on Wednesday after rallying nearly 40 cents off the lows last week, with contracts down 3 to 8 ¾ cents at the close. The CmdtyView national average Cash Corn price was 9 cents lower at $4.04.
Soybeans Close Wednesday on a Weaker Note
Soybeans faded off the early gains on Wednesday, as buyers of the Chinese rumor were selling the fact. Contracts were down fractionally to 5 ½ cents at the close. The cmdtyView national average Cash Bean price was down …
Hogs Rally on Wednesday
Lean hog futures were anywhere from a dime to $2.47 higher across the board on Wednesday. The national average base hog price was reported at $77.43 on Wednesday afternoon, up 63 cents from the previous day. The CME Lea…
China's Xiaomi unveils SUV series dubbed Sky Nomad
BEIJING, July 9 (Reuters) - China's Xiaomi on Thursday unveiled an SUV series named Sky Nomad, accelerating the technology company's push into automobiles as growth slows in its mainstay smartphone market.
Stocks Retreat on US-Iran Jitters
The S&P 500 Index ($SPX) (SPY) today is down -0.79%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -1.44%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.61%. September E-mini S&P futures (ESU26) are down -0…
Trump's European allies add distance on Iran following testy NATO summit
The Iran war has reignited and the U.S. may need European allies more than ever, but President Donald Trump left a NATO summit in Turkey on Wednesday without announcing any new commitments from the defense alliance to a…
Levi Strauss beats quarterly expectations, raises guidance and dividend
Levi Strauss beat Wall Street's quarterly expectations on the top and bottom lines on Wednesday, leading the retailer to increase its guidance and its dividend.
China consumer price growth weakens in June while producer inflation rises to near 4-year high
China's consumer prices grew slower than expected in June, while wholesale inflation accelerated, as elevated energy costs continued to sap domestic demand.
Morgan Stanley Keeps Buy Rating on Gilead (GILD)
Gilead Sciences, Inc. (NASDAQ:GILD) is one of the 12 Most Profitable Cheap Stocks to Buy Right Now. On June 30, Morgan Stanley kept its Buy rating on Gilead Sciences, Inc. (NASDAQ:GILD) and maintained its price target o…
Citi Sees Buying Opportunity in PDD
PDD Holdings Inc. (NASDAQ:PDD) is one of the 12 Most Profitable Cheap Stocks to Buy Right Now. On June 27, Citi said that China's major internet companies have become unpopular with investors this year as money has shif…
Cattle Close Mixed, with Feeders Leading the Charge Higher
Live cattle futures rounded out the Wednesday session with contracts 35 to 85 cents lower. Cash has been slow early this week with very little action early. The Wednesday Fed Cattle Exchange online auction showed no sal…
Sweetgreen, Inc. (SG) Advances While Market Declines: Some Information for Investors
In the latest close session, Sweetgreen, Inc. (SG) was up +1.42% at $7.85. The stock outpaced the S&P 500's daily loss of 0.28%. Meanwhile, the Dow experienced a drop of 1.09%, and the technology-dominated Nasdaq saw an…
Dollar Erases Early Gains as Stocks Rebound from Early Sell-Off
The dollar index (DXY00) fell by -0.05% on Wednesday. The dollar gave up an early advance on Wednesday and posted modest losses as stocks recovered from their worst levels, which reduced liquidity demand for the dollar.
Stocks Weighed Down by Geopolitical Risks
The S&P 500 Index ($SPX) (SPY) on Wednesday closed down -0.28%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -1.09%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.27%. September E-mini S&P futures (E…
Ford Joins Its Partner Micron on the Coveted Zacks Rank #1 (Strong Buy) List
Ford Motor F) has quietly become one of the more intriguing turnaround stories in the automotive sector.
Better Space Stock to Buy Before 2026 Runs Out: SpaceX vs. Rocket Lab
The space economy has been all the rage with the initial public offering of Space Exploration Technologies (NASDAQ: SPCX), aka SpaceX, which was the largest IPO ever. The company entered public markets with a market cap…
Michael Burry bets on sportsbooks DraftKings and Flutter, sees prediction markets curbed by regulation
Michael Burry of "The Big Short" fame said he bought shares of regulated sports-betting operators DraftKings and Flutter Entertainment, anticipating regulators will eventually crack down on prediction markets after comp…
US judge approves Elon Musk settlement with SEC despite misgivings, 'red flags'
July 8 (Reuters) - A federal judge on Wednesday approved the U.S. Securities and Exchange Commission's settlement with Elon Musk over his purchase of Twitter shares, despite expressing "significant misgivings" about t…
Mortgage rates edge above 6.5% as oil prices jump again
Mortgage rates rose this week, with the 30-year fixed rate averaging 6.52%, up from 6.49% last week, according to Bankrate's latest lender survey.
If diplomacy fails, energy markets face another reckoning
(By Oil & Gas 360) – Markets have become remarkably efficient at pricing today's headlines, but what they struggle to price is tomorrow's uncertainty.
Wells Fargo (WFC) Added to Goldman Sachs Conviction List
Wells Fargo & Company (NYSE:WFC) is one of the 12 Most Profitable Cheap Stocks to Buy Right Now. On July 1, Goldman Sachs added Wells Fargo & Company (NYSE:WFC) to its US Conviction List as part of the firm's monthly up…
US diesel futures post biggest daily gains in four years after Russia bans exports
NEW YORK, July 8 (Reuters) - U.S. diesel futures were set for their biggest daily gains in four years on Wednesday after Russia announced a ban on exports of the industrial fuel, supercharging supply concerns in a mark…