Market News

Latest financial news from across the markets

Daily Market Overview

Markets are experiencing a notable pullback, particularly in the tech sector, with the S&P 500 and Nasdaq both closing lower, largely influenced by concerns surrounding Alphabet and other mega-cap stocks. Nvidia's stock is under pressure as traders anticipate a decline in chip prices. Meanwhile, Meta has made headlines by investing $4 billion in an Indian startup and hiring its founder to lead WhatsApp, while Amazon's early Prime Day is drawing attention from Wall Street. In economic news, inflation remains a key focus, with Bank of America predicting three Fed rate hikes this year amid worsening inflation signals.

Latest Market Updates

Singtel raises $773 million from Thai energy stake sale to fund AI growth

Singtel raises $773 million from Thai energy stake sale to fund AI growth

less than a minute ago

Singapore inflation holds at 1.8% in May, cooler than expected as services costs ease

Singapore inflation holds at 1.8% in May, cooler than expected as services costs ease

less than a minute ago

Ro Khanna challenges Elon Musk to televised debate after online DOGE battle

Ro Khanna challenges Elon Musk to televised debate after online DOGE battle

less than a minute ago

Beijing ramps up tech scrutiny but a repeat of 2021 crackdown is unlikely

Beijing ramps up tech scrutiny but a repeat of 2021 crackdown is unlikely

less than a minute ago

CNBC's The China Connection newsletter: Tackling the EV truck market

CNBC's The China Connection newsletter: Tackling the EV truck market

less than a minute ago

Tuesday's stock stories: What’s likely to move the market in the next session

Tuesday's stock stories: What’s likely to move the market in the next session

less than a minute ago

'We'll see' — Trump hedges on guarantee Iran won't rebuild military with oil

'We'll see' — Trump hedges on guarantee Iran won't rebuild military with oil

less than a minute ago