Global Stock Market

Key Takeaways ECB raises rates: The deposit rate was lifted to 2.25% from 2% — the first increase in almost three years — in line with expectations. Iran war the trigger: A spike in energy prices driven by the Middle East conflict is the primary force behind the policy shift. …

Consumer inflation in the United States continued to accelerate in May, highlighting the ongoing impact of elevated energy prices on the broader economy. Annual inflation rose to 4.2%, up from 3.8% in April, matching market expectations and reinforcing concerns that price pressures remain persistent. The increase reflects the continued influence …

Stocks Slide as Investors React to Inflation and Geopolitical RisksU.S. stocks closed sharply lower on Wednesday as investors digested a stronger-than-expected inflation report and growing geopolitical tensions in the Middle East. The combination of rising price pressures and renewed concerns about the Iran conflict triggered broad selling across Wall Street, …

OpenAI has officially begun the process that could lead to one of the most significant stock market debuts in the history of artificial intelligence. The company behind ChatGPT has confidentially filed the paperwork required to prepare for an initial public offering (IPO), signaling its intention to eventually enter public markets.The …

Key Takeaways Futures fall: S&P 500 futures dropped 0.2% to 7,373.75, Nasdaq 100 futures fell 0.2% to 29,058.50, and Dow futures slipped 0.3% to 50,759.0. Peace deal hopes fade: The U.S. launched fresh strikes on Iran after Tehran downed a U.S. Apache helicopter Monday night. Second wave of attacks: Media …

Key Takeaways Broad regional decline: Japan’s Nikkei fell 1.1%, TOPIX shed 0.7%, Chinese indexes lost 0.6-1%, and South Korea’s KOSPI was the worst performer on renewed chip losses. Fresh U.S.-Iran strikes: The two sides exchanged another round of attacks after Iran shot down a U.S. helicopter in the Strait of …

Nasdaq Leads Losses After Reports of US Strikes Against IranU.S. stock futures moved lower early Wednesday as investors reacted to reports that American forces launched strikes against Iran, raising fears of a broader escalation in the Middle East and adding fresh uncertainty to global financial markets.Futures linked to the S&P …

Goldman Sachs Research has pushed back its forecast for the Federal Reserve’s next interest-rate cuts, arguing that stronger-than-expected economic growth and a resilient labor market leave little urgency for policymakers to begin easing monetary policy. The investment bank now expects the Fed to deliver its final two rate cuts of …

Key Takeaways Futures advance: Dow futures rose 129 points (+0.3%), S&P 500 futures gained 0.4%, and Nasdaq 100 futures climbed 0.7%. Prior session mixed: The Dow edged down while the S&P 500 and Nasdaq 100 both advanced as chip stocks bounced from Broadcom’s selloff. AI sentiment stabilizes: Chipmaking stocks rebounded …

In one of the most striking reversals in recent years, JPMorgan has significantly changed its stance on Tesla, moving away from a bearish outlook that had persisted for years and adopting a far more constructive view of the company’s future.The investment bank upgraded Tesla’s stock rating from underweight to neutral …