ADVFN US – Market Content Editor

The dollar extended its retreat on Monday after a disappointing U.S. jobs report added fuel to speculation that the Federal Reserve may begin easing rates as early as next month. As of 04:20 ET (08:20 GMT), the U.S. Dollar Index—measuring the greenback against a basket of six major currencies—fell another 0.2% to 98.722, after losing…

Kosmos Energy (NYSE:KOS) posted a net loss of $88 million for the second quarter of 2025, significantly wider than analyst forecasts, prompting the company to lower its production and capital spending projections for the full year. Adjusted figures showed a net loss of $93 million, also missing the anticipated $43 million loss. Despite the earnings…

BP (NYSE:BP) announced on Monday a major oil and gas discovery in Brazil’s Santos Basin, marking its largest find in a quarter-century. The discovery lies in the deepwater pre-salt region offshore Brazil, known for its vast hydrocarbon potential. BP plans to increase production to between 2.3 million and 2.5 million barrels of oil equivalent per…

Retail investors have been buying stocks at “full speed,” which is obscuring the more cautious stance seen among institutional investors, according to Barclays analysts. In a recent note, the bank highlighted that retail trading volumes in the U.S. are at historic highs, driven mainly by activity in “unprofitable” tech shares and “crowded shorts.” Data from…

August kicked off with a thud for Wall Street, as the Nasdaq and S&P 500 posted their worst weekly declines since late May. The Dow Jones Industrial Average fared even worse, notching its steepest weekly drop since early April. For both the Nasdaq and S&P 500, it marked the first time they fell below their…

In a recent note, BlackRock (NYSE:BLK) emphasized that emerging U.S. laws are reinforcing stablecoins’ position within the global financial landscape, while also highlighting bitcoin’s potential as a long-term growth asset. The asset management giant pointed to the recently enacted Genius Act, stating, “New U.S. legislation – notably this month’s Genius Act – is cementing the…

U.S. equities dropped sharply on Friday following disappointing jobs data and mixed corporate earnings from major tech firms, including Amazon and Apple. Markets also reacted to a fresh wave of tariff announcements from the White House. As of 09:35 ET, the Dow Jones Industrial Average was down 480 points, or 1.1%, the S&P 500 dropped…

U.S. stock futures declined Friday evening as investors weighed the impact of newly announced tariffs from former President Donald Trump, disappointing earnings from Amazon, and awaited key labor market data. As of 05:55 ET, Dow Jones futures were down 375 points (-0.9%), S&P 500 futures lost 55 points (-0.9%), and Nasdaq 100 futures slipped 218…