Market News

Latest financial news from across the markets

Daily Market Overview

Oil prices have surged dramatically, topping $100 per barrel amid ongoing tensions from the Iran conflict, with some predictions suggesting they could reach as high as $150 to $200. This spike has led to increased inflation concerns, causing markets to react negatively, particularly in the airline industry, which has seen shares drop as airfares rise. Meanwhile, the U.S. has ordered non-emergency staff to leave Saudi Arabia, further heightening geopolitical anxieties. In corporate news, Hims & Hers shares rose after a favorable legal outcome, while major firms like Wells Fargo and Morgan Stanley adjusted their ratings on various stocks in light of these market conditions.

Latest Market Updates

Stocks making the biggest moves midday: Chevron, Xenon Pharma, Vertiv and more

Stocks making the biggest moves midday: Chevron, Xenon Pharma, Vertiv and more

less than a minute ago

Switching jobs used to mean big raises—here's what the pay bump looks like now

Switching jobs used to mean big raises—here's what the pay bump looks like now

less than a minute ago

Seventh U.S. service member killed in Iran war ID'd as Sgt. Benjamin Pennington

Seventh U.S. service member killed in Iran war ID'd as Sgt. Benjamin Pennington

less than a minute ago

G7 energy ministers to meet Tuesday to discuss release of oil reserves, sources say

G7 energy ministers to meet Tuesday to discuss release of oil reserves, sources say

9 minutes ago

Anthropic sues Trump administration over Pentagon blacklist

Anthropic sues Trump administration over Pentagon blacklist

13 minutes ago

Women and the K-shaped economy: Lower pay, higher costs reduce spending

Women and the K-shaped economy: Lower pay, higher costs reduce spending

13 minutes ago

There's another energy market that may get hit harder than oil by Strait of Hormuz closure

There's another energy market that may get hit harder than oil by Strait of Hormuz closure

16 minutes ago