Market News

Latest financial news from across the markets

Daily Market Overview

Markets are experiencing mixed signals as investors navigate ongoing geopolitical tensions, particularly related to the U.S.-Iran conflict. South Korean stocks have reached new highs, continuing a strong rally from April, while U.S. crude oil exports have surged amid the turmoil. In the tech sector, strong earnings from major companies have reinforced investor confidence, though concerns about rising costs and inflation linger. Additionally, the situation surrounding Spirit Airlines has escalated, with the airline facing potential shutdown as it becomes the first casualty of the Iran war in the travel industry.

Latest Market Updates

CNBC's Official WNBA Team Valuations 2026: The league has its first $1 billion team

CNBC's Official WNBA Team Valuations 2026: The league has its first $1 billion team

less than a minute ago

Treasury yields rise as traders monitor factory data and Mideast developments

Treasury yields rise as traders monitor factory data and Mideast developments

less than a minute ago

Rudy Giuliani hospitalized in critical condition

Rudy Giuliani hospitalized in critical condition

less than a minute ago

CNBC Daily Open: Trump's Hormuz gambit lands with a whimper

CNBC Daily Open: Trump's Hormuz gambit lands with a whimper

less than a minute ago

Oil mixed as Trump plans to 'free' ships stranded due to Mideast conflict

Oil mixed as Trump plans to 'free' ships stranded due to Mideast conflict

less than a minute ago

Stock futures drop as oil rises amid reports that U.S. warship turned back in Hormuz

Stock futures drop as oil rises amid reports that U.S. warship turned back in Hormuz

less than a minute ago

Trump says U.S. will 'free' ships trapped by Strait of Hormuz closure

Trump says U.S. will 'free' ships trapped by Strait of Hormuz closure

less than a minute ago