Following the sell-off seen last Friday and the subsequent rebound on Monday, stocks went on another roller coaster ride over the course of the trading session on Tuesday. The major averages moved to the upside early in the session before pulling sharply only to regain ground in afternoon trading.
Paramount Skydance Corporation (PSKY) has accused Netflix of running a "scorched-earth campaign" against its proposed $111 billion bid for Warner Bros. Discovery, as revealed in a letter to the U.S. Department of Justice.
Stellantis N.V. (STLA) is pulling back over 1.3 million vehicles globally because of a possible fire hazard affecting certain Jeep Wrangler SUVs and Jeep Gladiator trucks.
Seed Junky Genetics, known for its cannabis genetics and intellectual property, is breaking into the European medical cannabis scene, teaming up with Green Success Group to kick off operations in Germany and the UK.
A recent case report revealed that an 80-year-old woman with Alzheimer's disease showed improvements in her cognitive abilities after receiving several doses of psilocybin-containing mushrooms. The report, published in the journal Frontiers in late May, focused on a Japanese American woman who has...
Giving babies eggs early in life may help reduce their risk of developing egg allergies, especially for infants with eczema, according to a new study. The study, conducted by researchers from The University of Queensland and Murdoch Children's Research Institute, analyzed data from more than 7,200...
After moving to the upside early in the session, stocks have come under considerable pressure over the course of the trading day on Tuesday. The major averages have pulled back well off their highs of the session and firmly into negative territory.
A report released by the National Association of Realtors on Tuesday showed existing home sales in the U.S. spiked by much more than anticipated in the month of May. NAR said existing home sales surged by 3.2 percent to an annual rate of 4.17 million in May after climbing by 0.8 percent to an upwardly revised rate of 4.04 million in April.
The Commerce Department released a report on Tuesday showing the U.S. trade deficit narrowed roughly in line with economist estimates in the month of April. The report said the trade deficit shrank to $55.9 billion in April from a revised $56.6 billion in March. Economists had expected the trade deficit to decrease to $55.8 billion from the $60.3 billion originally reported for the previous month
Germany's industrial production expanded for the first time in five months in April but the growth remained moderate as geopolitical tensions clouds outlook. Industrial output increased 0.4 percent on a monthly basis, in line with expectations but in contrast to the revised 0.1 percent fall in March, data from Destatis revealed Tuesday. Moreover, this was the first growth since November.
After ending the previous session off their best levels of the day but still mostly higher, stocks may see further upside in early trading on Tuesday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.5 percent. Early buying interest...
President Donald Trump has reiterated that the US could be sealing a deal with Iran in a few days time. The dollar weakened slightly and oil prices were sharply lower after Israel and Iran halted attacks. Brent crude futures reached $92.33 a barrel, after having hit as high as $98 a barrel. Spot...
Shares of Nuvalent, Inc. were surging around 39 percent in the pre-market activity on the Nasdaq, after the clinical-stage biopharma company focused on cancer therapies agreed to be acquired by British drug major GSK plc, in a deal valued at $10.6 billion or 8.0 billion pounds. Further, GSK maintained its 2026 guidance range of 7 percent to 9 percent growth in core operating profit and core EPS.
Secretary of State Marco Rubio will participate in a Memorandum of Understanding signing ceremony at the U.S. Department of State with Dana White, President and CEO of UFC, on Thursday. The MOU signing will mark a new public-private partnership to enhance sports diplomacy initiatives and collaborate...
NASA's experimental X-59 aircraft has marked a major milestone by flying faster than the speed of sound for the first time, setting the stage for demonstrating its quiet supersonic capabilities later this year. NASA test pilot Jim "Clue" Less took off and landed at Edwards Air Force Base in California last Friday, reaching a top speed of approximately Mach 1.1 (713 mph) and altitude of 43,400
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.