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Update: US Equity Indexes Slip After Fed's Preferred Inflation Gauge Accelerates in July
(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe...
Japanese Yen slips ahead of Tokyo CPI
USD/JPY trades around 159.40 on Wednesday, holding onto modest gains as a firmer US Dollar (USD) kee...
Stocks mixed as oil drops, US inflation stays high
Wall Street stocks finished lower Wednesday after US inflation came in steady but elevated as market...
Nasdaq set to gain as chips in favor again, as oil rebounds
US stock futures pointed to another mixed Wall Street session on Thursday, as investors weighed fresh developments in the Middle East against signs that chip stocks could extend their recent rally. Do ...
3 Reasons to Sell HUBG and 1 Stock to Buy Instead
Hub Group currently trades at $45.77 per share and has shown little upside over the past six months, posting a small loss of 1.5%. The stock also fell short of the S&P 500’s 7.7% gain during that peri ...
Equity Futures Mostly Rise as Markets Assess Renewed Middle East Tensions
US equity markets were mostly pointing higher before the opening bell Thursday as traders weighed ri
PepsiCo cuts prices on snacks. It’s not enough to drive growth in North America.
PepsiCo’s stock was set to fall as the company’s North America business lagged, but strength in international business led to an earnings beat.
1 Services Stock to Target This Week and 2 Facing Challenges
Business services providers use their specialized expertise to help enterprises streamline operations and cut costs. Furthermore, the demand for their offerings is rising as more clients outsource non ...
PepsiCo warns of ‘rising inflationary pressures’ for US consumers
Recovery in sales volumes runs out of steam in second quarter as squeeze on budgets hits snack and soda group
Oil: Strait of Hormuz risks keep prices supported – BNY
BNY’s Geoff Yu highlights that Oil is back in focus as shipping through the Strait of Hormuz nears a standstill and ceasefire risks rise. iFlow data show energy equities flows stabilizing after June p ...
GBP/JPY Price Forecast: Pound consolidates after hitting fresh all-time highs at 218.00
The British Pound (GBP) is pulling lower against the Japanese Yen (JPY) on Thursday, after hitting a fresh all-time high at 218.01 earlier on the day.
Chip stocks rise as Trump says Iran called for a deal
S&P 500 and Nasdaq futures pointed higher Thursday after Trump said Iran reached out, even as U.S.-Iran fighting continued overnight
Gold struggles for momentum as US-Iran tensions, hawkish Fed bets weigh
Gold (XAU/USD) consolidates modest gains on Thursday, although upside remains limited as renewed hostilities in the Middle East revive concerns over energy-driven inflation and reinforce expectations ...
Pakistan Rushes to Buy Emergency LNG After Qatar Cargo Is Canceled
Pakistan is forced to turn to the spot LNG market once again after the re-escalation in the Strait of Hormuz has canceled a cargo from Qatar. State-controlled Pakistan LNG has just issued a tender to ...
Pfizer, Alnylam, BridgeBio gain after late-stage trial setback for Astra/ Ionis