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Treasury Yields Fall as Markets Wait for U.S. Indicators
Barrons.com87d agobearish
Treasury Yields Fall as Markets Wait for U.S. Indicators

Treasury yields fall as markets nurture hopes of a deal to fully reopen the Strait of Hormuz and ahead of a batch of U.S. indicators. Oil prices plunge 5%, with the WTI falling below $90 a barrel. The WSJ Dollar Index is down 0.

Oil Prices Slide On U.S.-Iran Peace Signals; Airline Stocks Take Off
Investor's Business Daily87d agobearish
Oil Prices Slide On U.S.-Iran Peace Signals; Airline Stocks Take Off

Oil prices retreated below $90 a barrel Wednesday morning as markets seemed to conclude that a near-term opening of the Strait of Hormuz is very likely. Despite a flare-up in tensions over the prior 24 hours as the U.S. targeted small Iranian boats and missile sites, Iranian television helped place the focus on a peace deal, broadcasting terms of a 14-point framework. While the S&P 500 only managed a slight gain on Wednesday morning, airlines and cruise line stocks jumped, led by United Airlines, Norwegian Cruise Line, Carnival and Delta Air Lines.

Zscaler shares fall sharply on weaker-than-expected growth forecast
Proactive87d agobearish
Zscaler shares fall sharply on weaker-than-expected growth forecast

Zscaler Inc. (NASDAQ:ZS) shares fell more than 31% on Wednesday after the cloud security company shared softer-than-expected forward guidance, drawing attention from a modest fiscal third quarter earnings beat. For the fiscal fourth quarter, Zscaler projected revenue of $875 million to $878...

Fed Chair Kevin Warsh Was Just Sworn In at the White House. The Last Time This Happened, the Stock Market Crashed
24/7 Wall St.87d agobearish
Fed Chair Kevin Warsh Was Just Sworn In at the White House. The Last Time This Happened, the Stock Market Crashed

For years, investors could count on one thing from the Federal Reserve: when the economy weakened, rate cuts were usually right around the corner. But 2026 is shaping up differently. Inflation has started climbing again, even as the labor market cools. Unemployment is up to 4.3% while consumer prices accelerated above the Fed’s 2% target ... Fed Chair Kevin Warsh Was Just Sworn In at the White House. The Last Time This Happened, the Stock Market Crashed

Abercrombie & Fitch Sales Fall. Why the Stock Is Rising After Earnings.
Barrons.com87d agobearish
Abercrombie & Fitch Sales Fall. Why the Stock Is Rising After Earnings.

Abercrombie & Fitch stock rose Wednesday after the clothing retailer reported better-than-expected quarterly earnings despite stagnant sales. Abercrombie stock jumped 9.2%. Shares had tumbled 41% this year on weaker-than-expected holiday sales and a rough fiscal-year forecast.

Russell 2000 Rebalancing: How Index Inclusion Could Move Crypto-Equities and Ethereum
Cryptonews87d agobearish
Russell 2000 Rebalancing: How Index Inclusion Could Move Crypto-Equities and Ethereum

FTSE Russell has placed Sharplink, Forward Industries, Gemini, Bitmine, and Galaxy Digital on preliminary consideration lists for inclusion in its small-cap benchmarks, a structural development that carries direct implications for Ethereum traders watching institutional flow build on the equity side. The 2026 U.S. index reconstitution becomes effective in late June, ...

Starlink, Amazon can bid for EU mobile satellite spectrum, Commission says
Reuters87d agobearish
Starlink, Amazon can bid for EU mobile satellite spectrum, Commission says

Non-European satellite operators such as Elon Musk's Starlink and Amazon's low-earth-orbit business can bid for mobile satellite spectrum, the European ‌Commission said on Wednesday, leaving the door open to U.S. companies while also decreasing the ‌share of spectrum they will be able to acquire. But the push has been marked by internal divisions at the Commission, with some wanting to be more aggressive and others wanting a more gradual line. Two thirds of the ‌available spectrum will be divided equally ⁠between EU and non-EU operators for commercial use, the EU executive said, confirming a Reuters report.

Asia stocks see tech gains as investors weigh US-Iran deal
AFP87d agobearish
Asia stocks see tech gains as investors weigh US-Iran deal

Asian equities were mixed on Wednesday with gains driven by soaring tech stocks and guarded optimism the United States and Iran will reach a peace deal."There remains an air of cautious optimism in markets that an MoU between the US and Iran will be signed and detailed throughout the week, although the central expectation and broad positive sentiment has been dented by the recent US defence strikes and Iran stating these measures breach the agreement," said Chris Weston, head of research at Pepp