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Dow, Nasdaq Move Higher As Stocks Rebound From Recent Losses
U.S. stocks climbed higher on Wednesday, recovering from previous session's decline, and the major averages all were up firmly in positive territory a little past noon.
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78 days ago
Bay Street May Open Slightly Weak
Canadian stocks may open slightly lower on Wednesday as the mood is likely to remain cautious amid uncertainty about the viability of the US-Iran peace deal.
Weak oil and precious metals prices may weigh on energy and materials stocks.
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78 days ago
FTSE 100 Flat As Stocks Turn In Mixed Performance
The UK stock market's benchmark index FTSE 100 moved in a tight range Wednesday morning and was roughly flat about half an hour past noon with stocks turning in a mixed performance in lackluster trade.
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78 days ago
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Wednesday.
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78 days ago
CAC 40 Modestly Higher; Luxury Stocks Advance
French stocks turned in a mixed performance on Wednesday with investors focusing on Middle East peace negotiations and largely making cautious moves. Concerns about possible rate hike moves by the Federal Reserve weighed on sentiment.
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78 days ago
Indian Shares Rebound On Trade Deal Hopes, Easing Oil Prices
Indian shares rose sharply on Wednesday amid easing geopolitical tensions and growing optimism around a potential U.S.-India bilateral trade agreement.
Investor sentiment was also bolstered after Reserve Bank of India Governor Sanjay Malhotra said that discussion on interest rate hikes was premature.
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78 days ago
German Ifo Business Confidence Strengthens
German business sentiment improved in June as firms perceived the current business environment as less uncertain following the signing of the US-Iran peace deal, survey results from the ifo Institute showed Wednesday. The business climate index rose to a three-month high of 85.6 in June, as expected, from 85.0 in the previous month.
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78 days ago
more news
DAX Down 1.1%; Rheinmetall Tanks 16%
The German stock market's benchmark DAX fell on Wednesday, hurt by a sell-off in defense stock Rheinmetall in particular. Concerns about rising spending in AI infrastructure and uncertainty surrounding an end to the US-Iran conflict amid mixed signals rendered the mood cautious.
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78 days ago
Gold Hovers Near Two-week Low Amid US-Iran Peace Uncertainty
Gold extended losses to touch its lowest level in almost two weeks on Wednesday as investors assessed conflicting signals on U.S.-Iran peace talks and increased bets on Federal Reserve rate hikes this year.
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78 days ago
Oil Holds Near Four-month Lows As Hormuz Traffic Improves
Oil prices held near four-month lows on Wednesday amid indications that more tankers stranded in the Gulf since the start of the Iran war were beginning to move through the Strait of Hormuz.
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78 days ago
U.S. Dollar Climbs Against Most Majors
The U.S. dollar climbed against its most major counterparts in the New York session on Tuesday.
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78 days ago
FedEx Shares Down 7% On Weak Q4 Profit, Adj. Margin, Despite Positive Outlook
Shares of FedEx Corp. were losing around 6.4 percent in the pre-markt activity on the NYSE after the logistics major reported weak earnings and adjusted operating margin for the fourth quarter, even as revenues were higher. Looking ahead, the firm projects continued revenue and earnings growth momentum in June-through-December transition year. For calendar year 2026, the company expects higher...
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78 days ago
European Shares Mixed In Cautious Trade; Defense Stocks Slump
European stocks were mixed on Wednesday due to skepticism over spending in AI infrastructure and mixed signals from talks between Washinton and Tehran on ending their conflict.
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78 days ago
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