Breaking News: Markets
The momentum trades of 2026 are breaking with gold, silver and South Korea down big
Key Points Gold, silver and South Korea were down big Tuesday amid fears the war in Iran could go on for longer than expected. Each of these trades were huge momentum plays in 2026, as investors nervous about their exposure to U.S. large cap tech sought out different asset classes. Bullion getting caught up in […]
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Dow drops 1,200 points as oil surges, bond yields climb in response to deepening Iran conflict: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 2, 2026. Brendan McDermid | Reuters U.S. equities tumbled on Tuesday, undoing a Monday equity comeback, as oil prices spiked again and traders began to worry the U.S.-Iran conflict could drag on longer than anticipated. The Dow […]
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New York Fed’s Williams says tariff burden falls ‘overwhelmingly’ on U.S. businesses and consumers
Key Points American consumers and businesses are taking most of the hit from President Donald Trump’s tariffs, New York Fed President John Williams said in remarks that counter White House claims. A study Williams cited on the issue has generated a fair amount of controversy over the past few weeks, with White House economist Kevin […]
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Stocks making the biggest moves premarket: Target, Best Buy, On Holding, MongoDB & more
Check out the companies making headlines before the bell: Target — The big box retailer jumped more than 3% on better-than-expected earnings for the fourth quarter. Target earned an adjusted $2.44 per share, which topped the $2.16 per share analysts polled by LSEG were anticipating. Revenue of $30.45 billion came in just below consensus. Best […]
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Iran war live updates: U.S. embassy in Riyadh hit by drones, Trump promises response ‘soon’
Trump touts ‘virtually unlimited’ U.S. munitions; UAE, Qatar deny weapons’ shortage President Donald Trump said Tuesday that the U.S. has a “virtually unlimited supply” of munitions as the war with Iran escalates. He added that the stockpiles “at the medium and upper medium grade” have never been higher or better. It was not immediately clear […]
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CNBC Daily Open: Markets digest U.S.-Iran war as conflict spreads
A general view of Tehran with smoke visible in the distance after explosions were reported in the city, on March 2, 2026 in Tehran, Iran. Contributor | Getty Images What you need to know today The first flights out of Dubai were cleared to depart since the U.S. and Israel attacked Iran, but service is […]
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South Korea defense stocks soar with heavyweight Hanwha Aerospace surging 22% as traders react to Iran war
A Cheongung missile launcher is displayed during the Seoul International Aerospace and Defense Exhibition (ADEX 2025) at Seoul Air Base in Seongnam, Gyeonggi Province, South Korea, on October 17, 2025. Nurphoto | Nurphoto | Getty Images South Korean defense stocks saw massive gains on Tuesday after the country’s markets returned from a public holiday, as […]
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Asia-Pacific markets extend losses as Iran conflict rages on; oil prices rise
A general view of Tehran with smoke visible in the distance after explosions were reported in the city, on March 2, 2026 in Tehran, Iran. Contributor | Getty Images Asia-Pacific markets opened lower on Tuesday, as the conflict in Iran continues to rage on for a fourth day. Oil prices extended gains after Iran reportedly […]
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Stocks making the biggest moves after hours: MongoDB, Plug Power, Credo Technology & more
Check out the companies making headlines in after-hours trading. MongoDB — Shares plunged 23% in extended trading. MongoDB said it sees first-quarter adjusted earnings per share of between $1.15 and $1.19 and revenue of between $659 million and $664 million. Analysts polled by LSEG expected earnings of $1.21 per share and $662 million in revenue […]
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Jamie Dimon says Trump’s $5 billion debanking lawsuit ‘has no merit’ but he’s sympathetic to concerns
Key Points JPMorgan Chase CEO Jamie Dimon said President Donald Trump’s lawsuit seeking $5 billion in damages for shuttering accounts was without merit. But he said he sympathized with the president’s anger over the episode. In recent court filings, JPMorgan acknowledged it closed dozens of accounts associated with Trump in the weeks after the Jan. […]
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