Category: Latest News

U.S. stock futures edged lower Tuesday after Monday’s robust gains that pushed global markets to fresh intraday peaks. Investors are closely monitoring progress in U.S.-Canada trade talks and the softer U.S. dollar while bracing for important economic data scheduled later this week. As of early Tuesday (07:32 GMT), Dow futures dipped by 30 points (-0.1%),…

The U.S. dollar extended its downward trend on Tuesday, hitting its weakest levels since early 2022 as investors increasingly factor in potential interest rate reductions. At the same time, worries are mounting over the fiscal implications of President Donald Trump’s proposed tax and spending plan. By 04:25 ET (08:25 GMT), the Dollar Index—which tracks the…

Gold prices surged in Asian trading on Tuesday, fueled by growing investor demand for safe-haven assets amid ongoing uncertainty surrounding U.S. trade talks ahead of the July 9 deadline for tariff reviews set by President Donald Trump. The decline in the U.S. dollar also supported the precious metal’s upward momentum. Spot gold climbed 0.8% to…

On Tuesday, oil prices fell to their lowest levels in three weeks, retreating to figures last seen before the recent escalation of tensions between Israel and Iran. The decline reflects reduced concerns about supply interruptions and expectations of a production increase from OPEC and its allied nations. September Brent crude futures slipped 0.3% to $66.57…

U.S. stocks rise significantly midday, with the S&P 500 and Nasdaq hitting record highs, fueled by optimism on trade negotiations and expectations of interest rate cuts. Key sectors include technology and financials, enhanced by positive developments like changes in corporate regulations and new revenue projections from major firms. Market sentiment will hinge on upcoming economic…

Shares of Chemed Corporation (NYSE:CHE) tumbled 14% following a company update that revealed disappointing Medicare admission trends in Florida, triggering concerns over revenue constraints at its hospice unit, VITAS. Chemed now estimates that its VITAS subsidiary could face a Medicare Cap revenue limitation ranging between $18 million and $25 million for the U.S. government’s 2025…

Shares of Arcturus Therapeutics Holdings Inc. (NASDAQ:ARCT) edged up 2% after the company shared encouraging interim results from two Phase 2 trials evaluating its investigational mRNA therapy, ARCT-810, for patients with ornithine transcarbamylase (OTC) deficiency. The biotech firm reported that ARCT-810 produced significant biological responses across both clinical studies. Notably, the therapy led to consistent…

Shares of New Fortress Energy (NASDAQ:NFE) jumped 36% following a report by El Nuevo Día revealing that the company has locked in a 15-year agreement to deliver liquefied natural gas (LNG) to several power plants. The energy infrastructure firm, partnered with Crowley, was chosen to supply natural gas to five power generation sites and new…

Shares of U.S.-based renewable energy companies exhibited a mixed performance in Monday’s early trading following the U.S. Senate’s progress on President Donald Trump’s expansive tax and spending bill. A key element of the bill retained tax incentives for solar leasing models, where third-party companies own and manage solar panel installations on customers’ properties for a…