LOGO
LOGO

us market updates

  • Extended Tech Sell-Off Weighs On Wall Street June 05, 2026 16:13 ET

    After coming under considerable pressure early in the session, stocks showed an even more substantial move to the downside over the course of trading day on Friday. The major averages all moved sharply lower, with the tech-heavy Nasdaq posting a particularly steep loss.

  • Crude Oil Tumbles As Optimism On An End To Gulf War Sustains June 05, 2026 14:40 ET

    Crude oil prices have slumped on Friday, extending the losses from yesterday's session as confidence on reopening of the Strait of Hormuz in the coming days persists following announcements of an Israel-Lebanon ceasefire and progress in U.S.-Iran talks.

  • Gold Plunges As Investors Parse Robust US Nonfarm Payrolls Data June 05, 2026 13:45 ET

    Reversing gains from yesterday's session, gold prices have plummeted on Friday as economists assessed today's strong non-farm payrolls data, which supported the potential for an interest rate hike by the U.S. Federal Reserve.

  • Nasdaq Moving Sharply Lower Amid Extended Tech Weakness June 05, 2026 11:06 ET

    Stocks have moved notably lower during trading on Friday, with the major averages all moving to the downside after ending the previous session mixed. The tech-heavy Nasdaq has shown a particularly steep drop. Currently, the major averages are off their worst levels but still firmly negative.

  • U.S. Stocks May Move To The Downside In Early Trading June 05, 2026 08:57 ET

    Stocks may come under pressure in early trading on Friday amid continued weakness in the tech sector. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.6 percent. Extended weakness among chip stocks may weigh on Wall Street, as reflected...

  • Gold Set For Weekly Loss On Uncertainty Over US-Iran Peace Deal June 05, 2026 05:47 ET

    Gold prices traded lower on Friday and headed for a weekly loss due to lingering uncertainty over U.S.-Iran peace negotiations and Fed rate hike worries. Spot gold slid 0.2 percent to $4,465.13 an ounce and was down nearly 1.6 percent for the week. U.S. gold futures were down 0.3 percent at $4,490.32...

  • Oil Prices Stabilize After Steep Losses June 05, 2026 05:27 ET

    Oil prices stabilized on Friday after falling sharply in the previous session as a U.S.-brokered ceasefire agreement between Israel and the Lebanese government raised hopes for broader de-escalation in the U.S.-Israeli conflict with Iran. Brent crude futures were down half a percent at $94.46 a barrel,...

  • Dow Rebounds To New Record Closing High But Nasdaq Posts Modest Loss June 04, 2026 16:14 ET

    Following the pullback seen during Wednesday's session, stocks moved mostly higher over the course of the trading day on Thursday. The Dow showed a significant move back to the upside, reaching a new record closing high.

  • Crude Oil Plummets After Israel-Lebanon Ceasefire Announcement June 04, 2026 14:35 ET

    Partially reversing three sessions of gains, crude oil prices have plunged on Wednesday as expectations of de-escalation in the Middle East rise following an Israel-Lebanon ceasefire announcement along with rising optimism on a U.S.-Iran deal over the weekend.

  • Gold Advances As Expectations Of An End To Middle East Crisis Increase June 04, 2026 13:40 ET

    Partially offsetting the sharp decline from yesterday's session, gold prices have edged higher on Thursday as optimism on a resolution to the Middle East crisis increased after Israel and Lebanon consented to a ceasefire. In addition, both the U.S. and Iran confirmed that mutual talks to end the war were continuing without a break.

  • Dow Rebounds To New Record High Following Yesterday's Slump June 04, 2026 11:48 ET

    After moving notably lower in the previous session, the Dow has shown a substantial move back to the upside during trading on Thursday. The blue chip index has more than offset yesterday's slump, reaching a new record intraday high. Currently, the Dow is just off its highs of the session.

  • U.S. Stocks May See Further Downside Amid Steep Drop By Broadcom June 04, 2026 08:54 ET

    Following the pullback seen in the previous session, stocks may see further downside in early trading on Thursday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.3 percent. Technology stocks may lead the markets lower amid a steep...

  • Gold Edges Higher As Dollar Dips On Lebanon Ceasefire June 04, 2026 06:03 ET

    Gold edged higher on Thursday after Israel and Lebanon agreed to implement a ceasefire and continue negotiations for a broader peace agreement. Spot gold jumped 0.8 percent to $4,468.73 an ounce while U.S. gold futures for August delivery were up 0.7 percent at $4,496.70. After a fourth round...

  • Oil Prices Decline On Lebanon Ceasefire Agreement June 04, 2026 05:44 ET

    Oil prices fell sharply on Thursday, snapping a three-day rally as Israel and Lebanon agreed to implement a ceasefire. Brent crude futures for August delivery fell 1.5 percent to $96.30 a barrel while WTI crude futures for July delivery were down 1.2 percent at $94.83. After a fourth round of U.S.-mediated...

  • U.S. Stocks Give Back Ground Following Recent Upward Trend June 03, 2026 16:14 ET

    Stocks moved mostly lower over the course of the trading session on Wednesday, giving back ground after trending higher over the past several sessions. The major averages all moved to the downside, with the Dow showing a notable slump.

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

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.

Latest Updates on COVID-19