Independent coverage of UK markets, FCA policy and institutional trading
U.S. equities traded higher on Friday, led by a 100-point gain in the Dow Jones Industrial Average. The broader market showed mixed signals as technology stocks slipped while communication services ra…
World leaders descended on New York this week for the annual United Nations General Assembly, where the agenda spans the U.S.-Iran war and Russia's invasion of Ukraine to the fragile ceasefire in Gaza…
Shares of South Korean solar companies Hanwha Solutions and OCI Holdings jumped more than 8% on Wednesday, as U.S. restrictions on Chinese solar products came into focus ahead of the Trump-Xi summit.
The dollar index (DXY00) today is up by +0.05%. The dollar is slightly higher today, boosted by hawkish comments from the Fed. Chicago Fed President Austan Goolsbee said that, given higher inflation, …
Abacus Global Management, Inc. (NYSE:ABX - Get Free Report) major shareholder Matthew Ganovsky sold 24,000 shares of the stock in a transaction on Friday, September 18th. The shares were sold at an av…
Talk of SpaceX going public is sending the stocks of its partners and investors soaring. After multiple outlets reported earlier this month that SpaceX could pursue an IPO as soon as next year, The Wa…
The S&P 500 Index ($SPX) (SPY) closed unchanged on Tuesday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.36%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.82%. December E-mi…
“I draw from my IRA as needed for household repairs, trips and other larger expenses.”
Corn futures are down 1 to 3 cents across most contracts on Tuesday. Preliminary open interest was down 29,200 contracts on Monday, with 37,997 contracts exiting September ahead of first notice day on…
October NY world sugar #11 (SBV26) closed up +0.11 (+0.63%) on Tuesday, and December London ICE white sugar #5 (SWZ26) closed up +0.40 (+0.08%).
The Commodity Futures Trading Commission advised some of its regulated entities on Tuesday that prediction markets' "mentions" contracts are at greater risk of manipulation.
Live cattle futures are slipping back on Tuesday, with contracts down $2.40 to $2.85 at midday. Cash trade has started out on the quieter side this week, with feedlots compiling showlists.
Qantas Airways plans to start selling seats on its first nonstop between New York and Sydney next August, with flights set to launch in 2028, as the Australian carrier fills out the details for anothe…
October NY world sugar #11 (SBV26 ) is up +0.06 (+0.34%) today, and December London ICE white sugar #5 (SWZ26 ) is down -0.80 (-0.16%). Sugar prices initially moved lower today, with NY sugar posting …
When the stock market hits a new record high, sometimes it can feel like a warning sign â as if the next move must be down. But an âall-time highâ is simply a new peak for an index such as the S…
WHAT’S HAPPENING TODAY: Good afternoon and Happy First Day of Fall! Today also marks a very special day: the official start of Fat Bear Week. If you’ve been reading Daily on Energy the last couple yea…
Anthropic and OpenAI on Tuesday each announced new, less costly artificial intelligence models as both frontier labs continue to face stiff competition from cheaper, open-weight competitors.
Royal Caribbean is nearing a $3 billion deal to take a 50% equity stake in Sandals, according to a person familiar with the matter.
The S&P 500 Index ($SPX) (SPY) closed unchanged on Tuesday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.36%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.82%. December E-mi…
The dollar index (DXY00) climbed to a 7-week high today and is up by +0.10%. The dollar found support today on hawkish comments from Boston Fed President Susan Collins, who said she saw inflation rema…
In trading on Tuesday, shares of Dynex Capital Inc's 6.90% Series C Fix/Float Cumulative Redeemable Preferred Stock (Symbol: DX.PRC) were yielding above the 9.5% mark based on its quarterly dividend (…
Worthington Enterprises (NYSE:WOR - Get Free Report) issued its earnings results on Tuesday. The industrial products company reported $0.82 earnings per share (EPS) for the quarter, topping analysts' …
Micron Technology (MU) has made plenty of headlines this year… and understandably so.
Cisco stock dropped about 5% on Tuesday as Piper Sandler cut its price target for the networking equipment vendor to a share price of $125 from a prior $132.