Wall Street will continue to monitor the Iran-Israel war next week, with stocks at a bit of an impasse as investors await greater clarity on the economic outlook. The S & P 500 remains on the cusp of an all-time high, more than 2% off a February peak it has yet to clear as investors…
Shares of global professional services company Accenture (NYSE:ACN) fell 7% in the afternoon session after the company reported weak first quarter 2025 (fiscal Q3) results: bookings in the quarter (a leading indicator of revenue) missed and EPS guidance was just in line. There were likely concerns about the sales pipeline as the number of new…
Federal Reserve Chairman Jerome Powell probably spoke for a lot of people on Wall Street when he explained to reporters how challenging it was to put together the central bank’s new growth and inflation projections. “Right now it’s just a forecast in a very foggy time,” Powell said after he and his colleagues trimmed their…
South Korea’s stock market accessibility for short-selling has improved and has no major issues, MSCI said on Friday as investors brace for next week’s market classification from the global index provider and hope the country gets an upgrade. Source link
The stock market returned from the Juneteenth holiday with some modest gains at the open as Wall Street held out hope the Israel-Iran conflict can be resolved without the U.S. getting involved. The Dow Jones Industrial Average was up 142 points, or 0.3%. The S&P 500 was up 0.4%. The Nasdaq Composite was up 0.6%….
We finish off the trading week after a nice edge-of-summer break for Juneteenth yesterday. Pre-market indexes are climbing a quarter-point to a third of a point higher at this hour, with the small-cap Russell 2000 already up more than +1%. Only the Russell is up over the past five trading days, but the other indexes…
Oil was on track to close out its third week of gains as traders awaited President Trump’s decision on whether the US will directly intervene in the Israel-Iran conflict. West Texas Intermediate futures (CL=F) traded just below $75 per barrel, and Brent crude (BZ=F), the international benchmark, hovered near $76. Oil futures were on pace…
Friday, June 20, 2025We finish off the trading week after a nice edge-of-summer break for Juneteenth yesterday. Pre-market indexes are climbing a quarter-point to a third of a point higher at this hour, with the small-cap Russell 2000 already up more than +1%. Only the Russell is up over the past f… Source link
(Bloomberg) — US equities investors are reluctant to seek safety amid flaring geopolitical tensions, raising the risk of getting caught off guard if the conflict between Israel and Iran takes an unexpected turn in the days ahead. Most Read from Bloomberg Normally, this level of anxiety would be enough to send money managers scurrying into…
New York-based Coinbase Global, Inc. (COIN) operates a platform for crypto assets in the United States and internationally. With a market cap of 75 billion, the company offers the primary financial account in the crypto economy for consumers and a brokerage platform with a pool of liquidity across the crypto marketplace for institutions. Companies ……