Category: Latest News
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Oil Prices Rise on Steep U.S. Inventory Drop; Focus on Trade Deal Progress
Oil prices climbed slightly in Asian trading on Thursday, supported by data revealing a sharp decline in U.S. crude stockpiles. Meanwhile, investors stayed watchful as trade negotiations advance ahead of President Donald Trump’s upcoming tariff deadline. At 22:18 ET (02:18 GMT), September Brent futures increased by 0.3% to $68.69 per barrel, while West Texas Intermediate…
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Gold Declines as U.S.-Japan Trade Pact and AI Optimism Dull Demand for Safe Havens
Gold prices slipped further during Asian trading on Thursday, continuing the downward trend from earlier this week. The momentum came as a fresh U.S.-Japan trade agreement and upbeat tech earnings lifted investor confidence, reducing the traditional appeal of gold as a safe asset. After reaching a one-month peak earlier this week, gold surrendered much of…
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Dollar gains slightly while euro retreats ahead of ECB policy update
The U.S. dollar inched up modestly on Thursday but stayed close to recent lows, while the euro softened in anticipation of the European Central Bank’s upcoming decision. By 04:40 ET (08:40 GMT), the Dollar Index, which tracks the currency against a basket of six major peers, added 0.1% to 97.002, remaining near a two-week trough.…
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Dow Jones, S&P, Nasdaq, U.S. Stock Futures Steady Ahead of Key Earnings and Trade News
U.S. equity futures showed little directional movement Thursday as investors processed rumors of potential trade deals alongside quarterly earnings from major corporations. Alphabet (NASDAQ:GOOGL) reported robust revenue growth led by its search and cloud businesses, while outlining aggressive capital spending plans focused on artificial intelligence. Meanwhile, Tesla (NASDAQ:TSLA) shares dipped after the electric vehicle maker…
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Stock Market Today: S&P 500 Hits Another Record High on Trade Deal Hopes
The S&P 500 closed at a fresh record high on Wednesday, fueled by renewed optimism over global trade following a new agreement between the U.S. and Japan. The upbeat sentiment raised hopes that the Trump administration could secure further deals, helping to avert a broader trade war. At 4:00 p.m. ET, the Dow Jones Industrial…
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Nasdaq, S&P 500 Reach New Record Closing Highs On Trade Deal News
Stocks moved mostly higher during trading on Wednesday, with the major averages all moving to the upside after ending Tuesday’s session narrowly mixed. With the upward move, the Nasdaq and the S&P 500 reached new record closing highs. The major averages ended the day just off their highs of the session. The Dow jumped 507.85…
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NWTN shares climb 2.6% after $100 million injection from UAE investor
NWTN Inc. (NASDAQ:NWTN) saw its stock rise 2.6% following the announcement of a $100 million investment from SEET LLC, a subsidiary of the UAE-based investment firm Medad Holding. Through this deal, SEET will purchase newly issued shares, becoming the largest single shareholder in the NASDAQ-listed company. The partnership also includes plans for joint strategic efforts…
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BlackSky shares climb 3.5% after securing Latin American defense monitoring deal
BlackSky Technology Inc (NYSE:BKSY) saw its stock increase by 3.5% following news of a new contract to supply subscription-based geospatial monitoring services to defense and intelligence agencies across Latin America. The company, specializing in geospatial intelligence, will provide On-Demand Gen-3 and Gen-2 satellite surveillance tools aimed at tackling transnational organized crime in the region. Through…
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Ralph Lauren shares climb to record $295.86, fueled by strong gains and upbeat analyst sentiment
Ralph Lauren Corp (NYSE:RL) Class A stock soared to an all-time peak of $295.86, marking a key milestone for the iconic fashion brand. Over the past 12 months, the shares have surged over 75%, underscoring growing investor confidence and the company’s solid market execution. This milestone highlights Ralph Lauren’s resilience and adaptability amid evolving industry…
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Vox Royalty shares edge up following Binduli North gold project expansion approval
Vox Royalty Corp. (NASDAQ:VOXR) saw its stock rise 1.2% after receiving regulatory clearance for a substantial expansion at the Binduli North gold project in Western Australia, where Vox holds an uncapped production royalty. Norton Gold Fields (NYSE:GFI), part of Zijin Mining Group, secured approval to boost crushing and grinding capacity by 40%, raising throughput to…