Market News

Latest financial news from across the markets

Daily Market Overview

Consumer prices rose by 3.3% in March, largely driven by surging energy costs amid ongoing tensions in the Iran conflict. The situation in the Strait of Hormuz remains critical, affecting oil supply and prices, while Asian markets are experiencing their best week since 2022 despite these uncertainties. In corporate news, UBS downgraded ServiceNow, citing increased competition from AI, and Fast Retailing's shares soared after a profit forecast increase. Meanwhile, Eli Lilly's market share declined as generic weight-loss drugs flood the Indian market.

Latest Market Updates

Buy this defense stock with 'battlefield tested tech,' Bank of America says

Buy this defense stock with 'battlefield tested tech,' Bank of America says

less than a minute ago

White House warned staff against making Iran war bets on prediction markets

White House warned staff against making Iran war bets on prediction markets

less than a minute ago

This options trade is a bet on oil prices falling once traffic picks up in the Strait of Hormuz

This options trade is a bet on oil prices falling once traffic picks up in the Strait of Hormuz

less than a minute ago

Jim Cramer offers two trade ideas: One is a trim after a big run, the other is a buy

Jim Cramer offers two trade ideas: One is a trim after a big run, the other is a buy

less than a minute ago

Airports could face a jet fuel crunch within 3 weeks as airlines weigh flight cancellations

Airports could face a jet fuel crunch within 3 weeks as airlines weigh flight cancellations

less than a minute ago

Vance expects U.S. negotiations with Iran on war will be ‘positive'

Vance expects U.S. negotiations with Iran on war will be ‘positive'

less than a minute ago

The 'lines draw themselves' and all say 'sell Palantir,' says Carter Worth

The 'lines draw themselves' and all say 'sell Palantir,' says Carter Worth

less than a minute ago