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Market Update

Wall Street Futures Drift as Iran Peace Hopes Meet Nvidia Earnings Jitters: Home Depot Cheers, Google-Blackstone AI Deal Sparks

Key Takeaways Futures slip: Dow futures fell 84 points (-0.2%), S&P 500 futures dropped 0.4%, and Nasdaq 100 futures declined 0.6%. Nvidia drops premarket: The AI chip giant fell ahead of Wednesday’s earnings, with Micron and Western Digital also dipping. Mixed Monday close: Nasdaq and S&P 500 fell, while the …

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Oil Tumbles as Trump Pulls Back from Iran Strike: “Serious Negotiations” Underway as Russia Waiver Extended

Key Takeaways Crude falls: Brent oil futures fell 1.5% to $110.43 per barrel, while WTI dropped 1.1% to $103.33. Trump postpones attack: The president said he had delayed a planned military attack on Iran initially set for Tuesday. “Serious negotiations”: Trump confirmed peace talks are actively ongoing. Gulf countries’ plea: …

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Oil Tumbles as Trump Pulls Back from Iran Strike: “Serious Negotiations” Underway as Russia Waiver Extended

Key Takeaways Crude falls: Brent oil futures fell 1.5% to $110.43 per barrel, while WTI dropped 1.1% to $103.33. Trump postpones attack: The president said he had delayed a planned military attack on Iran initially set for Tuesday. “Serious negotiations”: Trump confirmed peace talks are actively ongoing. Gulf countries’ plea: …

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Aussie Consumers Catch a Break: Sentiment Rebounds 3.5% as Fuel Prices Cool — But Pessimism Still Reigns

Key Takeaways Modest rebound: The Westpac-Melbourne Institute Consumer Sentiment Index climbed 3.5% in May to 83.0 from 80.1 in April. Recovering from sharp drop: May’s gain follows the previous month’s brutal 12.5% fall. Fuel relief helps: Australia’s temporary fuel excise cut helped lower petrol prices after the Hormuz-driven surge. Still …

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Crypto Shake-Up: Bitcoin Slides to May Low While AI Stocks Ignite New Momentum

Bitcoin fell to its lowest point in May, hovering near $77,000 after briefly dipping below $76,700. The drop was fueled by renewed geopolitical strains and rising U.S. Treasury yields, which unsettled global investors. – Over $255M in Bitcoin positions were liquidated in just 24 hours. – Total crypto liquidations reached …

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Has the Economic Picture Become More Complicated as Rate Hike Odds Rise?

Global financial markets are entering a more complex phase as expectations around US interest rates shift sharply. Investors who once anticipated policy easing are now reassessing the outlook, with growing speculation that borrowing costs could remain higher for longer—or even rise again.This change reflects increasing concern that inflation pressures are …

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