Breaking News: Markets
Asia-Pacific markets trade mixed after Trump says he plans to double steel tariffs to 50%
People walking through the neon lit night streets of Sinchon in the heart of Seoul, South Korea’s vibrant capital city. Fotovoyager | E+ | Getty Images Asia-Pacific markets traded mixed after President Donald Trump told U.S. steelworkers late Friday that he will double tariffs on steel imports to 50%, effective from Wednesday. Japan’s benchmark Nikkei […]
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Stock futures inch lower to kick off start of the new trading month: Live updates
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on May 30, 2025, in New York City. Angela Weiss | AFP | Getty Images Stock futures fell on Sunday as Wall Street looks to the start of a new month of trading following a strong performance in […]
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Damning IAEA report spells out past secret nuclear activities in Iran
A picture taken on November 10, 2019, shows an Iranian flag in Iran’s Bushehr nuclear power plant, during an official ceremony to kick-start works on a second reactor at the facility. ATTA KENARE | AFP via Getty Images Iran carried out secret nuclear activities with material not declared to the U.N. nuclear watchdog at three […]
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These stocks are overbought after a strong May for Wall Street and could be due for a pullback
A few stocks, including a handful of semiconductor giants, could take a hit after riding the market’s rebound in May. The market closed out a big winning month with the S & P 500 climbed more than 6%, its largest monthly advance since late 2023 and leaving the benchmark little changed on the year. The […]
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Morgan Stanley says buy these five stocks soon that are set to rally
There’s a slew of stocks that have a lot more room to run, according to Morgan Stanley. The firm says overweight-rated companies like Nvidia have plenty of upside and remain top picks in June. Others include: Nubank , Sallie Mae , Seagate and Coupang. Seagate The tech data storage company is just too attractive to […]
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OPEC+ discusses July oil output hike, focusing on 411,000 barrels per day, sources say
An oil drum with featuring the logo of the Organization of the Petroleum Exporting Countries (OPEC) at the COP29 climate conference in Baku, Azerbaijan, on Wednesday, Nov. 13, 2024. Andrey Rudakov | Bloomberg | Getty Images OPEC+ oil-producing countries met on Saturday to discuss July output with four sources telling Reuters while the meeting was […]
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Trump will hold a rally at U.S. Steel as investors seek clarity on Nippon deal. Here’s what we know
President Donald Trump will hold a rally Friday at a U.S. Steel plant near Pittsburgh, a week after signaling that he had cleared a controversial merger with Japan’s Nippon Steel. Trump is scheduled to deliver remarks at 5 p.m. ET at U.S. Steel’s Irvin Works in West Mifflin, Pennsylvania, according to the White House. Investors […]
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This is why Jamie Dimon is so gloomy on the economy
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images The more Jamie Dimon worries, the better his bank seems to do. As JPMorgan […]
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Daniel Loeb’s next task as his hedge fund turns 30: Avoiding becoming ‘AI roadkill’
Daniel Loeb has found himself a new goal as his hedge fund Third Point entered its milestone 30th year: To be a true winner in the red-hot artificial intelligence boom and not run over by it. “Change is happening at an ever accelerating and increasing rate and it’s just going to require us to continue […]
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Stocks making the biggest moves midday: Costco, Palantir, Gap, Ulta Beauty and more
Check out the companies making headlines in midday trading: Costco — The wholesaler gained more than 3% on fiscal third-quarter results that surpassed analysts’ estimates, while sales jumped 8% from the same period a year ago. Ulta Beauty — Shares of the beauty retailer skyrocketed nearly 13% to hit a 52-week high after the company […]
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