Market News
Latest financial news from across the markets
Daily Market Overview
Markets are reacting to a mix of optimism and caution as major indices like the S&P 500 and Nasdaq hit record highs, buoyed by strong performances from tech stocks, particularly Micron, which recently joined the $1 trillion club. Oil prices fell sharply, down about 6%, following reports of a potential U.S.-Iran agreement that could restore shipping through the Strait of Hormuz. Meanwhile, Eli Lilly announced plans to invest nearly $4 billion in vaccine acquisitions, signaling a push into infectious disease research. In corporate news, Abercrombie shares surged 13% after an earnings beat, despite challenges from geopolitical tensions affecting sales.
Latest Market Updates
| Title | Published |
|---|---|
Traders are skeptical of Iran timeline for Strait of Hormuz reopening Traders are skeptical of Iran timeline for Strait of Hormuz reopening | less than a minute ago |
New York Fed: Food insecurity worsens amid âK-shapedâ economic divide New York Fed: Food insecurity worsens amid âK-shapedâ economic divide | less than a minute ago |
Cramer: My list of best stocks to buy tied to AI and the great data center buildout Cramer: My list of best stocks to buy tied to AI and the great data center buildout | less than a minute ago |
Alabama asks Supreme Court to allow congressional map that dilutes Black vote Alabama asks Supreme Court to allow congressional map that dilutes Black vote | less than a minute ago |
Boeing CEO says company met requirements to increase 737 Max production Boeing CEO says company met requirements to increase 737 Max production | less than a minute ago |
Hereâs our monthly update on all 33 portfolio stocks, including 4 to buy right now Hereâs our monthly update on all 33 portfolio stocks, including 4 to buy right now | 16 minutes ago |
Abercrombie shares jump 12% on earnings beat even as Iran conflict hits sales Abercrombie shares jump 12% on earnings beat even as Iran conflict hits sales | 20 minutes ago |
Traders are skeptical of Iran timeline for Strait of Hormuz reopening
Traders are skeptical of Iran timeline for Strait of Hormuz reopening
New York Fed: Food insecurity worsens amid âK-shapedâ economic divide
New York Fed: Food insecurity worsens amid âK-shapedâ economic divide
Cramer: My list of best stocks to buy tied to AI and the great data center buildout
Cramer: My list of best stocks to buy tied to AI and the great data center buildout
Alabama asks Supreme Court to allow congressional map that dilutes Black vote
Alabama asks Supreme Court to allow congressional map that dilutes Black vote
Boeing CEO says company met requirements to increase 737 Max production
Boeing CEO says company met requirements to increase 737 Max production
Hereâs our monthly update on all 33 portfolio stocks, including 4 to buy right now
Hereâs our monthly update on all 33 portfolio stocks, including 4 to buy right now
Abercrombie shares jump 12% on earnings beat even as Iran conflict hits sales
Abercrombie shares jump 12% on earnings beat even as Iran conflict hits sales