Tag: Breaking News: Markets
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Container ship sinks in Strait of Hormuz as Iran steps up attacks
Iran has escalated its strikes on commercial ships transiting Hormuz in recent weeks, as it tries to choke off a rebound in crude oil exports.
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We’re exiting our remaining stake in an industrial stock spin-off gone wrong
We’re selling the rest of this tiny position to replenish cash following a series of purchases over the past few days.
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Consumer prices rose at 3.7% annual rate in September as gas costs skyrocket
The consumer price index was expected to increase 0.6% in September on a monthly basis and 3.6% from a year ago, according to the Dow Jones consensus forecast.
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Here are Wednesday’s biggest analyst calls: SpaceX, Nvidia, Apple, Meta, Brinker, Kontoor Brands & more
Here are Wednesday’s biggest calls on Wall Street.
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Stocks making the biggest moves premarket: Bank of America, BlackRock, HPE & more
These are the stocks posting the largest moves premarket.
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Morgan Stanley tops estimates as equities trading revenue exceeds expectations by $909 million
Morgan Stanley is expected to benefit from robust investment banking and equities trading revenue.
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Bank of America is set to report third-quarter earnings – here’s what the Street expects
The U.S. Treasury Department announced a $1.2 billion penalty against Bank of America on Tuesday.
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Scott Bessent’s growth plans aren’t enough to tame surging deficit and debt pile, IMF chief says
IMF chief Kristalina Georgieva said Bessent’s reliance on growth won’t cut the U.S. deficit and $40 trillion debt fast enough, calling for fiscal consolidation.
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Diesel squeeze set to last well into 2027 as Iran war disrupts supply, IEA says
Diesel supply is expected to remain tight into 2027 as Iran war-related disruption, falling inventories and resilient demand strain the market, the IEA said.
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U.S. Treasury yields inch lower as investors await key inflation report
U.S. Treasury yields inched lower on Wednesday as investors awaited the latest CPI inflation reading ahead of a flurry of economic data this week.
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