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Markets News | LATEST STORIES
Shares of AI Chipmaker Nvidia Surge 5 Percent in After-Hours Trading on Solid Earnings
‘Global demand for Nvidia’s AI infrastructure is incredibly strong,’ said company CEO Jensen Huang.
Labor Department Reverses Biden-Era Stance on Crypto in 401(k) Plans
The agency says it will be neutral on whether retirement plan fiduciaries include cryptocurrency options.
Tesla Sales in Europe Plunge Nearly 50 Percent
EV demand has surged across the continent, but Tesla has faltered amid controversy over CEO Elon Musk’s public remarks and political engagement.
European Markets Rally as Trump Delays EU Tariffs Until July 9
On May 23, the U.S. president threatened to bring the levies in on June 1, causing most major share indices to drop.
Report Says China’s BYD Outsells Tesla in Europe for 1st Time, Experts Warn of Dumping
The Chinese automaker’s triumph is temporary, as the Chinese regime is exploiting gaps in EU policy that may be closed soon, an expert said.
US Micro-Housing Construction Surges by Double Digits to Battle Rising Rents
The West leads the nation in micro-housing share.
Market Review: Stocks Fall on Bond Market Jitters, Trade Tensions
Some analysts believe the recent market recovery is still intact.
US Treasury Yields Retreat After Spike in Long-Term Interest Rates
Financial markets are ‘increasingly attuned to concerns about U.S. government creditworthiness,’ says one ING strategist.
Crude Oil Prices Decline Amid Unexpected US Inventory Buildup
Concerns about the U.S. economy following Moody’s credit rating downgrade also put a downward pressure on prices.
Mortgage Demand Slumps, Rates Rise to Highest Level Since February
The good news for homebuyers is that prices have dropped.
Treasury Yields Spike After Moody’s Downgrades US Credit Rating
Moody’s credit downgrade is understandable, ‘but the time is questionable,’ says Bob Lang, founder and chief options analyst at Explosive Options.
New Vehicle Inventory in April Declines, Affordability Worsens: Cox Automotive Analysis
Affordability is at the ‘worst level yet this year’ amid higher prices and lower incentives, said Cox Automotive Chief Economist Jonathan Smoke.
