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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
| Title | Published |
|---|---|
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 raisesâhere's what the pay bump looks like now Switching jobs used to mean big raisesâhere'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 |
Stocks making the biggest moves midday: Chevron, Xenon Pharma, Vertiv and more
Stocks making the biggest moves midday: Chevron, Xenon Pharma, Vertiv and more
Switching jobs used to mean big raisesâhere's what the pay bump looks like now
Switching jobs used to mean big raisesâhere's what the pay bump looks like now
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
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
Anthropic sues Trump administration over Pentagon blacklist
Anthropic sues Trump administration over Pentagon blacklist
Women and the K-shaped economy: Lower pay, higher costs reduce spending
Women and the K-shaped economy: Lower pay, higher costs reduce spending
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