Market News

Latest financial news from across the markets

Daily Market Overview

Markets are reacting to heightened tensions in the Middle East, particularly following recent U.S. airstrikes in Iran, which have driven oil prices higher amid fears of disruption in the Strait of Hormuz. The S&P 500 and Nasdaq have reached record highs, buoyed by optimism around AI stocks, while Micron and SK Hynix have joined the $1 trillion market cap club. In corporate news, Salesforce reported strong earnings but issued cautious guidance, and Zscaler's shares plummeted 31% after a sales shakeup. Meanwhile, LG Energy Solution's stock surged 16% following a significant U.S. battery storage deal.

Latest Market Updates

Energy inflation has been more persistent than expected, Fed's Goolsbee tells CNBC

Energy inflation has been more persistent than expected, Fed's Goolsbee tells CNBC

less than a minute ago

CNBC Daily Open: Oil falls on Iran peace hopes — then U.S. launches airstrikes

CNBC Daily Open: Oil falls on Iran peace hopes — then U.S. launches airstrikes

less than a minute ago

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

Travel pivot: How the Iran conflict is fueling India's tourism boom

Travel pivot: How the Iran conflict is fueling India's tourism boom

less than a minute ago

Fed’s Kashkari tells CNBC that inflation fight takes priority as labor market is 'in decent shape'

Fed’s Kashkari tells CNBC that inflation fight takes priority as labor market is 'in decent shape'

less than a minute ago

Google employee made $1 million on Polymarket on insider info, feds say

Google employee made $1 million on Polymarket on insider info, feds say

less than a minute ago

Salesforce's beat fails to convince the market that software can survive AI

Salesforce's beat fails to convince the market that software can survive AI

less than a minute ago