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Latest financial news from across the markets

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Wall Street faced a downturn as rising oil prices and surging Treasury yields weighed on investor sentiment. The 10-year Treasury yield reached its highest level since 2007, contributing to a drop in stocks. In contrast, Microsoft received an upgrade from Stifel, boosting its stock outlook, while the Nasdaq hit an intraday record high, driven by tech gains. Meanwhile, geopolitical tensions continue to influence markets, with a focus on upcoming talks between Trump and Xi regarding trade and access for Chinese automakers in the U.S.

Latest Market Updates

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

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

less than a minute ago

Flock, Axon dodge Senate hearing after invite from Chair Josh Hawley

Flock, Axon dodge Senate hearing after invite from Chair Josh Hawley

less than a minute ago

U.S.-China trade truce extended for two months, Bessent says, as Xi begins state visit

U.S.-China trade truce extended for two months, Bessent says, as Xi begins state visit

4 minutes ago

Meta's standoff with Amazon over Muse could be a sign of things to come

Meta's standoff with Amazon over Muse could be a sign of things to come

24 minutes ago

Stock futures are flat after soaring Treasury yields trigger a market sell-off

Stock futures are flat after soaring Treasury yields trigger a market sell-off

31 minutes ago

Trump plans grand spectacle for potentially tense talks as Xi arrives in US - Reuters

Trump plans grand spectacle for potentially tense talks as Xi arrives in US  Reuters

about 2 hours ago

People who 'flourish' in high-stakes meetings do 2 things before they walk in the room, says Harvard negotiation expert

People who 'flourish' in high-stakes meetings do 2 things before they walk in the room, says Harvard negotiation expert

about 3 hours ago