Category: Latest News
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Wall Street Shrugs Off Bombing, Rises On Rate Cut Hopes
After some early indecision, investors rallied late in the day to push Wall Street higher on Monday. The major averages opened lower and hugged the unchanged line for much of the day as investors waited for Iran’s response to the weekend U.S. air strikes on its nuclear sites. Reports suggesting that Iran may block the…
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Bitcoin Price News: BTC Recovers After Iran Attacks U.S. Airbase – Is It a Safe Haven?
Bitcoin (BTC) has risen 3.2% in 24 hours, surpassing $100,000 following Iran’s attack on a U.S. airbase. The surge comes after short positions were liquidated during the weekend, with the market eyeing Bitcoin as a potential safe haven amid rising geopolitical tensions. Bitcoin, the flagship cryptocurrency known as BTC, has gained traction lately. Up 3.2%…
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Stock Market Advances as Oil Prices Plunge Following Iran Strike
The SP500 gains ground as oil prices plummet, influenced by comments from Fed’s Bowman suggesting possible rate cuts. While manufacturing PMI remains stable, services PMI drops slightly. NASDAQ benefits from Tesla’s jump due to its robotaxi launch, and Dow Jones rises on tech stock demand. The article concludes with insights from veteran trader Vladimir. The…
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Stocks Rise as Oil Dips Despite U.S. Airstrikes on Iran
Stocks climbed Monday even as geopolitical tensions escalated, with the U.S. launching airstrikes on three Iranian nuclear sites over the weekend in support of Israel. Despite the developments, oil prices eased, helping lift investor sentiment. The Dow Jones Industrial Average rose by 90 points (0.2%), the S&P 500 gained 0.3%, and the Nasdaq Composite edged…
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U.S. Stock Futures Waver as Markets Digest Iran Strikes; Key Premarket Movers
U.S. stock index futures were volatile on Monday as investors proceeded with caution, weighing the potential consequences of U.S. military strikes on Iranian nuclear sites over the weekend. Here’s a roundup of notable U.S. premarket stock movers:
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Dow Jones, S&P, Nasdaq, Markets on Edge as Investors Monitor Iran’s Reaction to U.S. Strikes and Upcoming Economic Data
U.S. stock futures are trading cautiously this Monday, while oil prices have inched upward following unexpected U.S. airstrikes on Iranian nuclear facilities over the weekend. Global markets remain vigilant amid uncertainty about how Iran will respond and the potential consequences for worldwide oil and gas supplies. Meanwhile, President Donald Trump has hinted at the possibility…
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Oil Prices Surge Amid Rising US-Iran Tensions, Pull Back from Intraday Highs
Oil prices jumped sharply in early Asian trading on Monday as mounting geopolitical tensions following U.S. airstrikes on Iranian nuclear sites sparked fears of supply disruptions in the Middle East. After an initial strong rally, crude prices eased somewhat from their session peaks. By 00:05 GMT, August Brent crude futures rose 2.4% to $79.00 per…
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Gold Prices Ease as Investors Seek Safety in U.S. Dollar Amid Middle East Tensions
Gold edged lower in early trading across Asian markets on Monday as investors shifted their preference toward the U.S. dollar following recent American strikes on Iranian nuclear facilities. This move toward the greenback weighed on gold’s momentum, tempering its gains amid rising geopolitical concerns. Spot gold declined by 0.2% to $3,360.11 an ounce, while gold…
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Tesla Shares Gain Momentum as Robotaxi Pilot Debuts in Austin
Tesla (NASDAQ:TSLA) shares edged upward during early trading on Monday, following the rollout of its Robotaxi pilot program in Austin, Texas. The limited launch features a small fleet of 10 to 20 Model Y vehicles operating within specific geo-fenced zones across the city. Currently, the autonomous ride-hailing service excludes airport routes and incorporates several safety…
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S&P 500, Dow Jones, Nasdaq Futures Flat as Markets Eye Iran’s Response to U.S. Strikes; PMIs on Deck
U.S. stock futures traded flat and oil prices rose following surprise U.S. strikes on Iranian nuclear facilities over the weekend. Markets are now watching closely for Iran’s response, which could impact global oil supplies and geopolitical stability. Meanwhile, the U.S. Senate prepares for a vote on a major tax-and-spending bill, and traders await key economic…