Market News
Latest financial news from across the markets
Daily Market Overview
Markets saw some notable movements as stocks rallied amid reduced rate hike expectations and easing inflation pressures. Workday shares surged on reports of a potential takeover by Silver Lake, marking their best day in a decade. Meanwhile, Cisco's shares fell sharply despite beating earnings expectations, reflecting investor concerns. In the energy sector, oil prices dropped over 3% due to a weaker global demand outlook and a buildup of U.S. crude, while diesel prices in Europe surpassed jet fuel amid ongoing supply shortages.
Latest Market Updates
| Title | Published |
|---|---|
Kennedy Center board votes to put Trump name on facade despite court order Kennedy Center board votes to put Trump name on facade despite court order | less than a minute ago |
Cisco shares slide 8% despite earnings beat and stronger-than-expected guidance Cisco shares slide 8% despite earnings beat and stronger-than-expected guidance | less than a minute ago |
Reddit stock jumps on inclusion in S&P 500 Reddit stock jumps on inclusion in S&P 500 | 9 minutes ago |
Mamdani's NYC pied-Ã -terre tax can continue rollout during court appeal Mamdani's NYC pied-Ã -terre tax can continue rollout during court appeal | 34 minutes ago |
Apple's Tim Cook joined by Howard Lutnick in opening Houston manufacturing plant Apple's Tim Cook joined by Howard Lutnick in opening Houston manufacturing plant | 42 minutes ago |
UConn coach Auriemma says WNBA should shift focus away from transgender debate UConn coach Auriemma says WNBA should shift focus away from transgender debate | 44 minutes ago |
Are global oil stocks big enough to weather another six months of US-Iran war? - Reuters Are global oil stocks big enough to weather another six months of US-Iran war? Reuters | about 1 hour ago |
Kennedy Center board votes to put Trump name on facade despite court order
Kennedy Center board votes to put Trump name on facade despite court order
Cisco shares slide 8% despite earnings beat and stronger-than-expected guidance
Cisco shares slide 8% despite earnings beat and stronger-than-expected guidance
Reddit stock jumps on inclusion in S&P 500
Reddit stock jumps on inclusion in S&P 500
Mamdani's NYC pied-Ã -terre tax can continue rollout during court appeal
Mamdani's NYC pied-Ã -terre tax can continue rollout during court appeal
Apple's Tim Cook joined by Howard Lutnick in opening Houston manufacturing plant
Apple's Tim Cook joined by Howard Lutnick in opening Houston manufacturing plant
UConn coach Auriemma says WNBA should shift focus away from transgender debate
UConn coach Auriemma says WNBA should shift focus away from transgender debate
Are global oil stocks big enough to weather another six months of US-Iran war? - Reuters
Are global oil stocks big enough to weather another six months of US-Iran war? Reuters