Wall Street is closely watching escalating tensions in the Middle East after President Trump confirmed that the US launched a surprise strike on Iran’s nuclear sites late Saturday, marking the country’s official entry into the two-week-old conflict. Markets have held mostly steady in the aftermath of the escalation, although US stock futures fell across the…
Stock futures are ticking slightly higher as investors digest fresh geopolitical news and continue to weigh the Federal Reserve’s latest stance on interest rates. President Trump’s announcement of a two-week pause on potential military action against Iran has brought some relief to markets. Brent crude has pulled back to around $77 per barrel as the…
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…
Circle’s (CRCL) massive rally shows no signs of cooling. The stablecoin issuer soared as much as 15% in early trading on Friday, extending its stunning post-IPO surge as Wall Street bets big on crypto’s next major disruptor. “Circle as a top-tier crypto ‘disruptor’ with a sizeable future opportunity,” Seaport Research Partners analyst Jeff Cantwell wrote…
For years we’ve read stories about antidemocratic countries abroad — supreme leaders acting with impunity, masked agents rounding up residents, troops in the streets, crackdowns on peaceful protests, intimidation and arrests of opposition figures, show-of-force military parades and political assassinations. For a time this month, I was abroad. And the antidemocratic country I was reading…
US stock futures edged lower Thursday evening as investors weighed the possibility of direct US military involvement in the Israel-Iran war. President Trump on Thursday introduced a self-imposed two week time limit on his decision to enter the conflict, adding another layer of uncertainty to an already cautious market. Dow Jones Industrial Average futures (YM=F)…
Oil is up roughly 10% since the outbreak of the Israel-Iran conflict, with Wall Street warning of further upside risk if Iran — a major oil producer — is destabilized. On Wednesday, West Texas Intermediate futures (CL=F) was little changed to settle at $75.14 per barrel following a bigger than expected decrease of US oil…
New data from the New York Fed suggests Americans are gaining confidence in the labor market, even as broad uncertainty around trade policy, interest rates, and other unknowns clouds the economic outlook. According to the New York Fed’s May 2025 Survey of Consumer Expectations, the perceived chance that the US unemployment rate will rise over…
US stock futures drifted higher on Monday as investors watched renewed US-China trade talks for signs either side is willing to dial down tensions and reach a tariff deal. S&P 500 futures (ES=F) inched up 0.1%, after the broad benchmark edged above 6,000 to notch its highest close since February. Dow Jones Industrial Average futures…
When we think of life’s big questions, we usually think about things like the meaning of life and whether or not God exists. We probably don’t think about which way a toilet paper roll should hang or how often we should wash our bed sheets, but interestingly enough, those practical daily life questions often lead…