Market News

Latest financial news from across the markets

Daily Market Overview

Markets saw some notable movements as stocks rallied amid reduced rate hike expectations and easing inflation pressures. Workday shares surged on reports of a potential takeover by Silver Lake, marking their best day in a decade. Meanwhile, Cisco's shares fell sharply despite beating earnings expectations, reflecting investor concerns. In the energy sector, oil prices dropped over 3% due to a weaker global demand outlook and a buildup of U.S. crude, while diesel prices in Europe surpassed jet fuel amid ongoing supply shortages.

Latest Market Updates

Kennedy Center board votes to put Trump name on facade despite court order

Kennedy Center board votes to put Trump name on facade despite court order

less than a minute ago

Cisco shares slide 8% despite earnings beat and stronger-than-expected guidance

Cisco shares slide 8% despite earnings beat and stronger-than-expected guidance

less than a minute ago

Reddit stock jumps on inclusion in S&P 500

Reddit stock jumps on inclusion in S&P 500

9 minutes ago

Mamdani's NYC pied-à-terre tax can continue rollout during court appeal

Mamdani's NYC pied-à-terre tax can continue rollout during court appeal

34 minutes ago

Apple's Tim Cook joined by Howard Lutnick in opening Houston manufacturing plant

Apple's Tim Cook joined by Howard Lutnick in opening Houston manufacturing plant

42 minutes ago

UConn coach Auriemma says WNBA should shift focus away from transgender debate

UConn coach Auriemma says WNBA should shift focus away from transgender debate

44 minutes ago

Are global oil stocks big enough to weather another six months of US-Iran war? - Reuters

Are global oil stocks big enough to weather another six months of US-Iran war?  Reuters

about 1 hour ago