Crude oil remained a key concern for the market. Brent crude was trading at $91.58 a barrel, up 0.62%, while WTI crude was at $85.55, up 0.72%. Investors remained concerned that prolonged uncertainty around the Middle East could keep oil prices elevated, adding to worries over inflation and India’s import bill.
On Tuesday,
Energy stocks closed at the first record since March as investors see diminishing prospects for a near-term ceasefire in the Iran war that could ease the standoff in the crucial Strait of Hormuz.
The S&P 500 Energy Sector Index climbed 1.8 per cent on Tuesday, marking the first all-time high for the gauge since March 27.
» Read more about: Energy stocks hit record as oil rises on fading deal hopes »
US-Iran War Live Updates: President Trump said no talks are taking place or scheduled with Iran,
The company will be joining a broad market index, which should bring more passive buyers of its shares.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again.In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years,
Micron‘s (NASDAQ: MU) management elaborated on the most important factors impacting the business.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again.In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years,
» Read more about: Interesting News for Micron Stock Investors »
Sen. Bernie Sanders (I-Vt.) announced Monday he will introduce legislation seeking to prevent the federal government from garnishing Social Security benefits for seniors with unpaid student loan payments.
The bill, titled the Stop Social Security Garnishment Act of 2026, proposes barring the Education Department from cutting an individual’s Social Security retirement or disability benefits to offset their outstanding student loan debt.
US-Iran War LIVE: Oil prices rose for the fourth consecutive day as US and Iran remain locked in a stalemate regarding the possible extension of their ceasefire even after six months of conflict.
Meanwhile, Iran has slammed the US President for claiming the Strait of Hormuz as “New US Territory”. “Just as Trump correctly wrote the name of the eternal Persian Gulf,
HONG KONG – Technology stocks were back in the crosshairs of investors on Aug 19, taking another heavy blow from a spike in bond yields, rising oil prices, persistent inflation and dimming hopes for a deal to reopen the Strait of Hormuz.
The sell-off tracked losses on Wall Street,
» Read more about: Tech leads losses as Asian stocks track Wall Street sell-off »
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» Read more about: Judges seem poised to side with banks on state rate caps »
JP Morgan Asset Management’s Marcella Chow expects Bank of Japan to hike interest rate in the September meeting and keeps hiking every 6 months.
