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News
Market Defies Hot CPI Data: Stocks Surge 1% Despite Inflation Fears
17+ hour, 53+ min ago (361+ words) US stocks finished Friday’s session in positive territory following the release of August’s Consumer Price Index, which revealed inflation running above forecasts and elevated the likelihood of Federal Reserve action next week. The S&P 500 advanced 0.86%, while the Nasdaq climbed…...
Oil Shock Sends Markets Into Tailspin: Brent Surges 6% To $110 A Barrel, Yields Hit New Highs
2+ day, 4+ hour ago (410+ words) Global markets came under renewed pressure on Friday as a sharp jump in oil prices intensified inflation fears, pushing bond yields higher and raising expectations that central banks may be forced to keep interest rates elevated for longer. Brent crude…...
Dow Jones falls over 1,600 points in four sessions as oil, yields spook Wall Street - CNBC TV18
2+ day, 6+ hour ago (531+ words) Dow Jones falls over 1,600 points in four sessions as oil, yields spook Wall Street cnbctv18.com...
Dow closes 300 pts lower as US crude oil tops $100 and Fed rate-hike bets rise
2+ day, 9+ hour ago (500+ words) US stocks fell on Thursday as oil prices climbed above $100 a barrel, fuelling concerns over inflation and increasing expectations that the Federal Reserve could raise interest rates next week. The Dow Jones Industrial Average fell 316 points, or 0.60%, while the S…...
Dow Drops 317, Nasdaq Sinks 172, S&P 500 Falls 45
2+ day, 9+ hour ago (791+ words) Oil prices leapt to their highest since May on Thursday and dragged Wall Street lower. The S&P 500 fell 0.6% for a fourth straight loss, its longest such streak since June, though it’s not far from its all-time high set last…...
US Stock Market Crashes: Triple Digit Crude Oil Scares Dow Jones, Nasdaq, S&P 500; Chip & Tech Stocks Drag
2+ day, 14+ hour ago (507+ words) At the time of writing, the Dow Jones traded at 52,171.65, down by 209.01 points or 0.40%. The DJIA index has touched an intraday low of 52,006.96, resulting in overall crash of 374 points on Thursday compared to previous session. Meanwhile, the Nasdaq Composite index…...
Brent hits $100 as oil surge weighs on stocks
2+ day, 15+ hour ago (413+ words) Brent crude has risen to $100 a barrel for the first time since July, putting further pressure on stocks as investors weigh higher oil prices and Treasury yields. Joe Mazzola, head of trading and derivatives strategy at Charles Schwab, said geopolitical…...
S&P 500 and Dow Jones hit one-month low as crude oil prices and bond yields surge
2+ day, 15+ hour ago (371+ words) Brent crude oil prices hit 3-month high levels on Thursday | Image: Shutterstock The US stock markets extended the fall on Thursday as elevated crude oil prices continued to sour investor sentiment. The S&P 500 and the Dow Jones fell to…...
LEAP 2026 Drives Billions Into Saudi Arabia’s Tech Push
2+ day, 21+ hour ago (957+ words) Saudi Arabia used LEAP 2026 to reinforce its position as one of the Middle East’s most aggressive technology investment markets, with announcements spanning data centres, cloud computing, artificial intelligence, venture capital, digital government, mobility and gaming. One of the largest announcements…...