Market News

Latest financial news from across the markets

Daily Market Overview

The S&P 500 experienced a significant surge this week, buoyed by a record-breaking week for options trading and a calmer volatility index. Meanwhile, concerns over the ongoing situation in the Strait of Hormuz have led to fluctuations in oil prices, with Brent crude rising amid geopolitical tensions. In corporate news, Berkshire Hathaway's CEO Greg Abel is starting to deploy Warren Buffett's cash reserves, and Otis is working to regain investor confidence after setbacks in its elevator service business. Additionally, the AI sector saw a rebound, reflecting renewed investor interest despite ongoing debates about the impact of automation on jobs.

Latest Market Updates

Verizon mobile service restored after outage for thousands of U.S. customers

Verizon mobile service restored after outage for thousands of U.S. customers

less than a minute ago

Hunter Biden says Joe Biden’s cancer has spread further, ‘very painful’

Hunter Biden says Joe Biden’s cancer has spread further, ‘very painful’

less than a minute ago

Here’s how we played the massive rebound in AI stocks this week

Here’s how we played the massive rebound in AI stocks this week

less than a minute ago

'Moneymaxxing' isn't a trend, it's a 'cultural shift,' advisor says

'Moneymaxxing' isn't a trend, it's a 'cultural shift,' advisor says

less than a minute ago

Berkshire CEO Greg Abel is starting to deploy Buffett's massive cash hoard

Berkshire CEO Greg Abel is starting to deploy Buffett's massive cash hoard

less than a minute ago

Iran sets conditions for opening Hormuz; UAE says ship was targeted by airstrike

Iran sets conditions for opening Hormuz; UAE says ship was targeted by airstrike

less than a minute ago

For retirees, staying in market is critical. How much is make-or-break question

For retirees, staying in market is critical. How much is make-or-break question

less than a minute ago