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Economy

Markets

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Dow drops 900 points as oil surges ahead of Fed rate decision

U.S. stocks fell sharply amid rising oil prices after Iran's missile attack and as the Fed prepares to announce its rate decision.

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JPMorgan Brings Forward Fed Rate Hike Forecast to December 2026

The bank now expects a 25-basis-point increase in December 2026, citing inflationary pressures and Fed credibility concerns.

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US stocks tumble as Fed holds rates

Dow drops over 1,150 points, Treasury yields spike, and oil surges above $84 after Fed decision and Middle East tensions.

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Adidas Stock Plunges 17% as Marketing Costs Surge Despite Record Revenue

The sportswear company's shares saw their steepest intraday drop on record after Q2 operating profit missed expectations.

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Yuan Hits Highest Since Early 2023 After Fed Holds Rates

The Chinese currency strengthened past 6.76 against the dollar, with the central bank setting its strongest fixing since February 2023.

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Oil Prices Slip as Tankers Continue Navigating Conflict Zones

Brent crude fell up to 1.4% on Thursday as shipping through key straits resumes despite ongoing hostilities.

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Dollar Falls to Lowest in Nearly a Week After Fed Holds Rates

The US dollar declined following the Federal Reserve's decision to keep interest rates unchanged, with some officials voting for an increase.

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OPEC+ Plans to Pause Quota Hikes After September, Delegates Say

The group is set to halt production increases amid market uncertainty from the Iran war and falling oil prices.

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Meta Faces Investor Skepticism Ahead of Q2 Earnings Report

Nearing 16% year-over-year decline in shares, heavy AI spending, and disputed capex guidance weigh on sentiment.

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Micron Technology shares fall more than 11%

Investor concerns regarding China's domestic chip supply drive the decline.

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Spain's Value Investing Followers Score Rare Win With Cobas Fund's 20% Return

Francisco García Paramés and a growing school of fund managers in Madrid are proving that deep-value stock picking can still deliver outsized gains, even as the strategy’s global market share shrinks.

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Commerzbank cuts gold, silver price forecasts for 2026

German bank cites rising oil prices and hawkish Fed expectations as key factors behind the revisions.

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BlackRock-Managed Funds Lead $14B Data Center Project with Meta

The El Paso, Texas campus will provide 1 GW of compute capacity, with BlackRock contributing $4.9B in cash and Meta adding land and assets.

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S&P 500 Turns Negative as Semiconductor Stocks Slide on China Chip News

The Dow Jones Industrial Average held modest gains, while the Nasdaq Composite erased its earlier advance.

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Dollar Hits One-Month High as Fed Rate Hike Odds Rise

The greenback strengthened amid growing expectations for a Federal Reserve rate hike, with the dollar index reaching 101.501 before easing.

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SK Hynix ADRs Debut on Nasdaq, Hit $140 Low on July 27

South Korean memory maker's $26.5 billion listing is the largest ADR debut ever.

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European stocks rise as US-Iran tensions ease

Major indices gain ground after US pauses strikes and signals diplomatic opening with Tehran.

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US Markets Mixed as Oil Slumps on Iran-US Pause, European Stocks Rise

Crude prices fell sharply after the US and Iran paused attacks, easing inflation fears but semiconductor losses weighed on the Nasdaq.

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Rigetti Computing Stock Movements

Shares rose 7.7% Monday in the quantum computing sector.

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CME Group's 24/7 Gold Futures Launch Draws 15,000 Contracts

The exchange reports strong demand and deep liquidity during the first weekend of round-the-clock trading for its one-ounce gold futures.

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ASML and US chip stocks tumble after report of China's DUV lithography breakthrough

Concerns over growing competition from Chinese-made chipmaking tools hit semiconductor shares, with ASML falling 4.6% and the Philadelphia Semiconductor Index dropping 3.59%.

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Dow, Nasdaq, S&P 500 brace for busiest Q2 earnings week led by AI heavyweights

Microsoft, Meta, Apple, and Amazon highlight a packed calendar as investors eye AI spending and cash flow concerns

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Chip Stocks Rise as Middle East Fighting Pauses

Chip stocks rose following a pause in Middle East fighting.

İllüstrasyon: GBPUSD Turns Bearish as Technicals Align with Key Resistance Levels

GBPUSD Turns Bearish as Technicals Align with Key Resistance Levels

The pair trades below Ichimoku cloud and within descending channel, facing resistance near 1.3350-1.3400 ahead of central bank meetings.

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Robert Half: Staffing Recovery Underway but Stock Already Priced It In

The firm's Q2 results beat guidance and show early recovery signs, but a monthly scanner rates the stock as a tactical buy only, advising to wait for a pullback.

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Gold Consolidates Near $4,053 with Key Support and Resistance Levels

Analysts highlight multiple support and resistance zones, with a bullish bias above $4,000 and a bearish invalidation below key levels.

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Bitcoin Climbs Above $65,000 Amid Tensions Ease Between U.S. and Iran

Cryptocurrency markets show a positive trend as geopolitical tensions pause and oil prices drop.

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Storj Files for Chapter 11 Bankruptcy Protection

The cloud storage network intends to offer equity to STORJ token holders, pending court approval.

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IEA warns of energy supply risk from Iran conflict escalation

The International Energy Agency cautions that a broader conflict could disrupt global oil flows, though prices have remained stable so far.

Gas pump display showing octane level 87 and price.

Global Oil Prices Dip Below $87 as Iran Cease-Fire Report Emerges

A reported new proposal for Iran negotiations sent crude prices lower, calming market fears amid Houthi threats.