After moving sharply lower in morning trading on Tuesday, stocks regained ground over the course of the session. The major averages climbed well off their worst levels of the day, with the Dow reaching positive territory.
A study published in the medical journal Science Progress examined the link between GLP-1 medications and hair loss among patients undergoing rapid weight loss, NewsNation reports. According to the research, semaglutide and tirzepatide, sold under brand names including Ozempic, Wegovy, Mounjaro and...
Stocks have moved mostly lower over the course of the trading day on Tuesday, more than offsetting the modest strength seen in the previous session. The major averages have all moved to the downside, with the tech-heavy Nasdaq leading the pullback. Currently, the major averages are just off their lows of the session.
With energy prices surging, the Labor Department released a report on Tuesday showing consumer prices in the U.S. increased in line with economist estimates in the month of April. The Labor Department said its consumer price index climbed by 0.6 percent in April after advancing by 0.9 percent in March. The growth matched expectations.
Following the lackluster performance seen in the previous session, stocks may move to the downside in early trading on Tuesday. 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. An extended surge by the price of crude oil...
RTX's Collins Aerospace has announced that it is investing $26.5 million to expand its Largo, Florida, facility to accelerate the production of commercial aviation radars for FAA's new air traffic control system, and multi-domain security solutions for defense customers. The company said this investment...
Initial trends from the U.S. Futures Index suggest that Wall Street might open lower on Tuesday. Investors are worried about the rising oil prices and inflation. Geopolitical situation remains turbulent with doubts over the U.S.-Iran ceasefire. There are reports that the Trump administration may...
All the passengers have disembarked from the hantavirus-hit cruise ship MV Hondius in Tenerife and many have returned to their home countries, as the World Health Organization said the operation demonstrated a "triumph of solidarity." The repatriation effort, coordinated by Spanish authorities with...
The United States has boycotted the International Migration Review Forum and announced that it will not support the May 8 "progress" declaration. The United States has persistently objected to the United Nations' efforts to advocate and facilitate replacement immigration in the country and across...
NASA's Glenn Research Center in Cleveland is preparing to test a technology, known as a regenerative fuel cell system, over the next few months, which could revolutionize the way NASA stores energy during future Moon missions. The system, about as long as a sedan and as tall as a person, operates like a rechargeable battery. When power is needed, it's designed to combine hydrogen and oxygen gas i
The Trump Administration is intensifying pressure on Iran's Islamic Revolutionary Guard Corps by targeting the financial networks that enable its illicit oil operations. Monday, the Department of the Treasury's Office of Foreign Assets Control imposed sanctions on a network involved in selling and shipping Iranian oil to overseas buyers, including China, on behalf of IRGC, and three senior offici
German economic confidence unexpectedly improved in May as financial experts anticipate an end to the Iran war, survey results from the Mannheim-based Centre for European Economic Research, or ZEW, showed Tuesday. The ZEW indicator of economic sentiment rose to -10.2 in May from -17.2 in the previous month. The score was forecast to fall to -19.1. However, the index remained negative.
European stocks traded lower on Tuesday as hopes for a U.S.-Iran peace deal diminished and data showed German inflation increased for the second consecutive month as a result of another rise in energy prices due to the Iran war. U.S. President Donald Trump said the fragile ceasefire between Washinton...
Economic sentiment and final inflation from Germany are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to release Germany's final inflation figures for April. The flash estimate showed that consumer price inflation rose to 2.9 percent from 2.7 percent in March.
European stocks may drift lower at open on Tuesday as investors monitor the latest developments in the Middle East war and await the release of April's U.S. consumer price index reading later in the day for directional cues. Reports on U.S. producer prices, retail sales and industrial production...
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.