Initial cues from the U.S. Futures Index suggest that Wall Street might open positive on Monday. Asian shares finished lower, while European shares are trading mixed. The dollar scaled higher. In the Asian trading session, oil prices jumped more than 4 percent. Brent crude futures for August...
Shares of Tate & Lyle Plc were gaining around 14% on the London Stock Exchange after the British sweetener and food solutions firm announced Monday its agreement to a 595 pence per share all-cash deal to be bought by U.S. food ingredients maker Ingredion Inc. The cash consideration values Tate & Lyle at around 2.7 billion pounds or $3.6 billion, with an implied enterprise value of...
Eurozone investor confidence improved for the second straight month in June, signalling economic stabilization to continue over the coming months, survey data from the behavioral research institute Sentix showed Monday. The investor sentiment index rose more-than-expected to -13.4 in June from -16.4 in May. The score was forecast to rise to -13.8.
Worries about the flare-up in the Middle East as well as the fading hype surrounding artificial intelligence impacted market sentiment heavily at the onset of the new week.
Raytheon, an RTX Corp. (RTX) business, announced Monday it is investing $100 million to expand its Portsmouth, Rhode Island-based facility, which has been operating for more than 60 years. The facility supports undersea technology, combat systems and radars. The expansion will accelerate Lower Tier...
Retailer Target Corp. is recalling select Up & Up Baby Wipes, due to potential microbial contamination, according to the U.S. Food and Drug Administration. The recall involves Up & Up FragranceFree Baby Wipes and Up & Up Fresh Cucumber Scented Baby Wipes with various counts and UPC numbers. The impacted wipes were manufactured by a supplier, Sapro Temizlik Urunleri, and sold at Target stores...
Lamb Weston Holdings, Inc. (LW), a supplier of frozen potato products, on Thursday said it plans to close its production facility in Broekhuizenvorst, the Netherlands. The company said the move is part of its broader executional excellence efforts and ongoing implementation of its Focus to Win strategy,...
Germany's factory orders declined more than expected in April as frontloading effects diminished, data from Destatis revealed Monday. Factory orders logged a monthly fall of 3.8 percent in April, in contrast to the revised 4.5 percent increase in March and 1.6 percent rise in February. This was the first decline since January, when orders were down 11.5 percent.
Japan's economy expanded a slower pace than initially estimated in the first quarter largely reflecting the decline in business investment, revised data from the Cabinet Office showed Monday. Gross domestic product logged an annualized growth of 1.8 percent in the first quarter, which was revised down from the 2.1 percent growth estimated initially.
Ukraine President Volodymyr Zelensky and the leaders of three European major powers have called on Russian President Putin to agree to an immediate and complete ceasefire. UK Prime Minister Keir Starmer, French President Emmanuel Macron and German Chancellor Friedrich Merz met with President Zelensky in London to reiterate their unwavering support for Ukraine in its defense against Russia's inva
The U.S. House of Representatives has passed with the support of 18 Republican lawmakers a sweeping legislation that includes major Ukraine aid and Russia sanctions package. The Ukraine Support Act authorizes $1.3 billion in security assistance to Ukraine, $8 billion in arms sales, and imposes broad, sweeping new oil and gas sanctions against Russia. The first major Ukraine-assistance package fr
A closely watched UN Security Council election delivered a mix of continuity and change on Wednesday, as Austria, Portugal, Trinidad and Tobago, Zimbabwe - and first-time member Kyrgyzstan, secured seats as non-permanent members of the apex Council. The five countries were elected by the 193-member General Assembly to serve as non-permanent members of the Security Council for two-year terms begin
Stocks have moved mostly higher during trading on Monday, regaining ground following the sell-off seen last Friday. The major averages have all moved back to the upside, with the tech-heavy Nasdaq leading the rebound. Currently, the Nasdaq and S&P 500 are just off their highs of the session, while the narrower Dow is posting a more modest gain.
European stocks traded lower on Monday as geopolitical tensions persisted, and robust U.S. jobs data led traders to ramp up bets on a Federal Reserve rate hike this year. Brent crude futures jumped nearly 5 percent above $97 a barre and Eurozone government bond yields scaled multi-week highs as Israel...
Asian markets declined on Monday as a sell-off in tech shares gathered momentum following Broadcom's disappointing AI outlook. Markets were also spooked by higher bond yields and interest rate worries after U.S. jobs data for May blew past expectations. The dollar scaled a two-month peak, while gold...
Motorcar Parts of America, Inc. (MPAA) shares soared 37.84 percent, gaining $4.01 to $14.60 on Monday after the automotive aftermarket parts supplier reported fourth-quarter results that showed a return to profitability on higher sales and operating income.
Despite paring some early gains, the Canadian market remains firmly up in positive territory a little past noon on Monday thanks to strong gains in energy, materials and technology sectors. The mood in the market is positive amid hopes of a potential de-escalation in the wider U.S.-Iran war after Iran said its first wave of attacks on Israel had ended.
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.
Cryptocurrencies have recorded strong gains in the past 24 hours amidst a surge in prices that triggered a liquidation cascade of short positions.
President Donald Trump has signed an Executive Order to advance American artificial intelligence innovation to strengthen the nation's cybersecurity, protect critical infrastructure, and ensure the United States remains the global leader in AI innovation. The Order directs appropriate agencies to prioritize the cyber defense of National Security Systems, Department of War information systems, an
June's FDA calendar offers plenty for investors to keep a close eye on. Among the key names are Spero Therapeutics, awaiting an FDA decision on its antibiotic for complicated urinary tract infections; Kiniksa Pharma, seeking approval for a technology transfer of the manufacturing process for Arcalyst drug substance; and Merck, pursuing the first FDA approval for its WELIREG - KEYTRUDA combination.
Factory orders from Germany and investor confidence from the euro area are the top economic news due on Monday. At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders. Economists forecast factory orders to fall 2.2 percent on a monthly basis in April, in contrast to the 5.0 percent increase in March.
House prices in the U.K. fell for a third month in a row in May amid the global uncertainty linked to the tensions in West Asia and subdued demand due to higher borrowing costs, results of a survey by S&P Global showed on Friday. The house price index fell 0.1 percent month-on-month in May, same as in April, the S&P Global survey conducted for the Lloyds Bank subsidiary Halifax revealed.
Employment in the U.S. jumped by much more than expected in the month of May, according to a closely watched report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment shot up by 172,000 jobs in May after surging by an upwardly revised 179,000 jobs in April.
Monday, Tango Therapeutics, Inc. (TNGX) announced positive initial data from its ongoing Phase 1/2 study of vopimetostat in combination with Revolution Medicines' RAS(ON) inhibitors daraxonrasib or zoldonrasib. During the study, patients with MTAP-deleted and RAS-mutant metastatic pancreatic ductal...
A new study suggests that doing a moderate amount of strength training every week may help people live longer, especially when it is combined with regular aerobic exercise such as walking, running, cycling, or swimming. Researchers analyzed data from three large long-term health studies involving...
A group of nutrition, metabolism, and eating behavior experts from across Europe has questioned the common belief that all ultra-processed foods (UPFs) are harmful to health. In a Perspective article published in the journal Science, researchers reviewed five clinical trials conducted in the US, UK,...
Screens are now part of every childhood, but research continues to show that too much screen time can slow communication, attention, and daily living skills. A 2023 JAMA Pediatrics study found toddlers with more than an hour of daily screen exposures at age two struggled by age four. Outdoor play—even simple park time—helped offset these risks, especially for social skills.
Jack Clark, co-founder of Anthropic, is sounding the alarm about the need for the AI industry to create ways to slow down or even halt the rapid development of advanced AI. He warns that we're nearing a point where these systems might improve themselves without any human input.
Amazon.com Inc. (AMZN), MGM Studios has hinted that it plans to take charge of publishing future James Bond video games after gaining creative control over the franchise.
Wyze Labs is recalling about 321,360 of its Solar Cam Pan Security Cameras in the U.S. and another 2,560 in Canada because of a fire risk associated with improperly assembled instructions.
TOMY International has recalled about 40,000 Boon NURSH 8-ounce reusable baby bottles after reports that the bottles' hard plastic outer shell can bubble or partially peel, creating loose plastic pieces that could pose a choking hazard to young children. The recall affects Boon NURSH 8 oz Reusable...