South Koreas exports rose in June on the back of strong tech demand, after falling in May for the first time in four months, trade data showed on Tuesday, though shipments to the U.S. and China remained weak amid tariff uncertainty.
After falling more than 19% in April from its previous all-time high, the benchmark index ripped to new records just two months later as the markets worst fears about the impact of President Trumps tariffs evaporated.
President Donald Trump’s $4.5 trillion tax cut bill prevailed in a crucial Senate test vote after hours of negotiations, setting up a fresh round of deal-making as Republicans seek to convince holdouts to support the bill for final passage.
US bond traders gutted through turbulence to somehow find themselves notching profits as the first half ends. Now, they’re setting up for more gains following a three-week winning streak, with Thursday’s jobs report as a potential catalyst.
The gulf between where the Federal Reserve projects interest rates will be by the end of 2026 and the more aggressive cutting financial markets expect by then is partly due to the expectation that U.S. central bank chief Jerome Powell will be replaced by
Coinbase (COIN) and Circle (CRCL) shares rose sharply on Thursday as both the crypto exchange and the stablecoin issuer emerged as major winners of growing enthusiasm around digital tokens.
Nvidia (NVDA) shares rose more than 4% Wednesday to notch a new record high of $154.31, completing a remarkable turnaround from earlier this year.
Shares of several New York-based banks and real estate investment trusts fell on Wednesday as Zohran Mamdanis lead in New York Citys Democratic mayoral primary stoked concerns that his proposed rent freeze could pressure building owners.
The S&P 500 (^GSPC) is back within one percentage point of an all-time high. One of Wall Streets notorious bulls believes the benchmark index has plenty further to run this year.
Consumer confidence retreated in June after increasing the previous month amid President Trumps various tariff delays.
Oil futures fell late Monday after President Trump announced a ceasefire timeline for the Israel-Iran conflict.
Chinas auto industry has inflated car sales for years through a burgeoning government-backed grey market that registers new cars right off the assembly line and then ships them overseas as "used" vehicles.
Irans parliament pushed the nation to close the Strait of Hormuz, according to state media, but left the final decision to choke off the key waterway to Iran’s Supreme National Security Council.
Gold edged higher as the world waited for Iran’s response after the US joined the Israeli assault on the Islamic Republic over the weekend, risking a wider war that could push up energy prices.
Oil is up roughly 10% since the outbreak of the Israel-Iran conflict, with Wall Street warning of further upside risk if Iran a major oil producer is destabilized.
