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U.S. stocks fell as Iran’s refusal to reopen the Strait of Hormuz caused another spike in oil prices and inflation fears.
Unease about negotiations to reopen the Strait of Hormuz boosted oil and yields but pressured stocks at the start of a big week for inflation data.
A U.S. appeals court on Monday allowed thousands of lawsuits to move forward against Meta Platforms, Alphabet's Google, ByteDance's TikTok, and other social media companies over claims they designed their products to be addictive to young users. The San Francisco-based 9th U.S. Circuit Court of Appeals rejected the companies’ bid to reverse a lower court’s ruling forcing them to face some 2,400 lawsuits over the claims filed in federal court. The companies, which also include Snap Inc's Snapchat, had argued that Section 230 of the Communications Decency Act of 1996 - which shields them from lawsuits over content posted by their users - also shields them from allegations that they failed to warn the public about the addictive nature of their platforms.
Boeing announced an agreement Monday to divest its air taxi and two other technology ventures to Archer Aviation for a stake in the startup.In its May earnings release, Archer said it had completed the "phase three" of the Federal Aviation Administration's four-phase certification process for its Midnight air taxi vehicle.
CPI Card Group is the bargain-priced credit card stock you've never heard of.
Retailers face a more cautious back-to-school consumer who is getting fatigued by higher prices driven by inflation.
Varex Imaging reported higher revenue, stronger non-GAAP margins and improved earnings, although tariff refunds and related customer reimbursements provided a roughly $10 million benefit to quarterly gross profit. Key Investor TakeawaysVarex Imaging (NASDAQ:VREX) reported Q3 FY2026 revenue of $211 million, up 4% year over year, with Industrial revenue reaching $77 million and Medical revenue at $134 million.
This week, we pivot to "Inflation Week," with Wednesday and Thursday morning bringing new monthly price index data.
Stock markets were little changed Monday, holding near record highs amid thin summer volumes, as investors awaited inflation data this week for more clues to the interest-rate outlook for the US economy.The AI sector that has recently underpinned the US stock market is increasingly reliant on debt to fund its massive investments, and would be penalised by higher interest rates, she added.
Treasury yields rise ahead of U.S. inflation data due later this week and following July's unexpected negative payroll numbers. Iran makes tough demands to reopen Hormuz, pushing oil futures up 1.5%. Economists surveyed by WSJ expect July's 12-month CPI inflation to cool slightly to 3.
U. S. stock futures pointed to a broadly flat opening on Monday, with investors showing little appetite for major positions following last week’s strong rally and ahead of closely watched inflation figures due in the coming days.
Investing.com - U.S. stock index futures edged higher on Monday, while Dow futures were little changed, as investors scaled back hopes for a breakthrough in the Middle East and looked ahead to key inflation data due later this week for fresh clues on the Federal Reserve’s interest rate path.
Surging oil prices, a CPI spike not seen in three years, and Treasury yields at levels last touched in 2007 are forcing a September rate decision that could reshape which stocks lead the market through the rest of 2026.
Berkshire’s stock buybacks climb, Apple may turn to China, why Coca-Cola is clobbering Pepsi, and more news to start your day.
Investors have braced for the second-quarter earnings for months — hoping for signs of how the S&P 500 is absorbing inflation. So far the answer is — very well.
Investors awaited earnings and key inflation data as the major indexes traded within reach of all-time highs.
Investors awaited earnings and key inflation data as the major indexes traded within reach of all-time highs.
FEATURE Tesla stock was rising again Monday, putting the electric vehicle maker on track to extend a recent good run during which it has clawed back some of its losses for the year. Shares climbed 1% to $332 ahead of the opening bell.
U. S. inflation and retail sales figures are set to dominate the economic calendar this week as investors assess the health of the world’s largest economy against a backdrop of persistent uncertainty surrounding the Middle East conflict.
When Mike Allen and I are curious about the " real economy ," we talk to sources at big-box stores for a read on real-time sales trends, or friends at super-regional banks to gauge the mood and money movement.
FedEx has deployed trailer loading systems at a Maryland hub, while Amazon aims to double its robotic arms fleet this year amid an industry push for automation.
The Federal Aviation Administration (FAA) has issued an Airworthiness Directive after it identified cracks in the fuselage of some Boeing Co. 737 family aircraft. Cracks in the Fuselage In the directive released on Thursday, the FAA said that the probe...
U. S. stock futures were mixed but generally positive on Monday as investors weighed diminishing prospects for a rapid resolution to the Iran conflict against expectations for important U.
Stocks looked set to rise on Monday as investors’ focus shifted to inflation, with this week’s consumer-price report print likely to help determine if the Federal Reserve can stick to its guns by not hiking interest rates in September. Nasdaq 100 futures rose 0.4%. Dow Jones Industrial Average futures slipped 30 points, or 0.1%.
Monday Earnings (a.m): Barrick Mining Earnings (p.m.): Simon Property, Rocket Lab, JBS, Hims & Hers Health, Trump Media Tuesday Economic data: NFIB small-business index for July, existing home sales Earnings: Cardinal Health, Lumentum, CoreWeave, Super Micro, On Holding, Smithfield Foods Wednesday Inflation data: Consumer price index for July, 8:30 a.
(Bloomberg) -- Emerging-market stocks and currencies climbed at the start of a new week as expectations for Federal Reserve rate hikes eased following Friday’s unexpectedly weak US employment report.Most Read from BloombergIran Shakes Up Security Team After Saying Oman Deal ‘Very Close’Trump Amps Up Pressure on Billionaire Sargeant to Exit VenezuelaChina Unleashes $28 Trillion Capital Markets to Challenge US in AIGlobal Stock Rally Extends, Oil Advances on Iran: Markets WrapIran Says Hormuz Deal