Category: Latest News
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U.S. Markets Set to Open Higher on Cooling Inflation and Trade Optimism
U.S. stock index futures point to a higher open on Wednesday, building on gains from the previous session, following encouraging inflation data and renewed optimism surrounding U.S.-China trade negotiations. Inflation Data Comes In Softer Than Expected Futures advanced after the Labor Department reported that consumer prices rose slightly less than anticipated in May. The Consumer…
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U.S. Stocks Climb On Trade Talk Optimism
U.S. stocks moved modestly to the upside on Tuesday as traders await the outcome of the ongoing trade talks between China and the U.S. in London. Trade negotiations between the world’s two largest economies commenced on Monday – and while U.S. Commerce Secretary Howard Lutnick told reporters the talks are “going well,” there has been…
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U.S. Futures Point to Flat Open Amid Cautious Trading
Major U.S. stock index futures suggest a flat opening on Tuesday, with markets likely to remain volatile following a mixed performance in the previous session. Investors appear hesitant to make bold moves as they await developments from ongoing U.S.-China trade talks. U.S. Commerce Secretary Howard Lutnick expressed optimism, stating that the negotiations are “going well”…
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Major Averages Finish Choppy Trading Day Narrowly Mixed
Following the strong upward move seen during last Friday’s session, stocks turned in a relatively lackluster performance during trading on Monday. Despite the choppy trading, the tech-heavy Nasdaq reached a new three-month closing high. The major averages ended the day narrowly mixed. While the Dow edged down 1.11 points or less than a tenth of…
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US Stocks Drift and Chinese Markets Rise as Trade Talks Begin
As U.S. stocks remain flat, trade talks begin in London between the U.S. and China, raising hopes for reduced tariffs. The S&P 500 shows a minimal decrease while investors look for news that might impact the market. Notable corporate movements include a significant rise in Warner Bros. Discovery’s shares and IonQ’s acquisition of Oxford Ionics,…
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Robinhood Shares Dip Following Exclusion from S&P 500 Rebalance
Robinhood shares fell over 3% in premarket trading after being excluded from the S&P 500 Index rebalance, despite speculation of inclusion. The stock had previously rallied, doubling its value in 2025 amid a broader market recovery. The S&P 500 rebalance typically prompts significant trading activity as passive funds adjust their holdings, underlining the importance of…
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Markets Brace for U.S.-China Trade Talks and Apple’s WWDC Keynote
Global markets opened the week with a cautious tone, as traders looked toward renewed U.S.-China trade discussions in London and Apple’s (NASDAQ:AAPL) annual Worldwide Developers Conference (WWDC). Investors hope these developments will shed light on easing trade tensions and unveiling technological innovations. Meanwhile, Chinese export data pointed to slowing growth, adding further uncertainty to the…
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U.S. Stocks Close Sharply Higher On Slightly Stronger Than Expected Jobs Data
After ending yesterday’s volatile session mostly lower, stocks showed a significant move back to the upside during trading on Friday. With the strong upward move, the Nasdaq and the S&P 500 reached their best closing levels in over three months. The major averages surged early in the session and remained firmly positive throughout the day.…
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Accuray Shares Drop Amid Debt Exchange Concerns
Shares of Accuray Incorporated (NASDAQ:ARAY) fell 19.4% after the medical device company announced a complex financial strategy that has raised concerns among investors. The company revealed plans to exchange $82.0 million in principal of its 3.75% senior convertible notes maturing in 2026 for approximately 8.88 million common shares, along with a cash payment of around…
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UBS Shares Rise Following Swiss Banking Reform Announcement
Shares of UBS Group AG rose by 5% on the Swiss stock exchange after the Swiss government published a detailed legislative framework clarifying proposed banking reforms. These measures could require the bank to raise up to $26 billion in new capital, easing uncertainty over UBS’s capital requirements. The most significant change proposed requires UBS to…