Category: Uncategorized
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Stock market today: Nasdaq rises, Dow and S&P 500 retreat as oil prices climb on renewed US-Iran tensions
US stocks ended the session mixed on Wednesday, while oil continued to surge after President Trump declared that the memorandum of understanding between the US and Iran was “over.” The Dow Jones Industrial Average (^DJI) fell roughly 1%, or more than 500 points, while the S&P 500 (^GSPC) dropped 0.2%. The tech-weighted Nasdaq Composite (^IXIC) trimmed losses…
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Dow closes sharply lower, Nasdaq posts modest gain amid US-Iran tensions
The Dow Jones Industrial Average dropped sharply on July 8, 2026, after President Trump made remarks casting doubt on the durability of the existing US-Iran ceasefire. The Nasdaq Composite, meanwhile, managed a modest gain, a split-screen moment that tells you a lot about where investor anxiety is actually sitting right now. The broader concern is…
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Nasdaq, S&P 500 Futures Climb Ahead Of Fed Minutes, Shrugging Off Iran Concerns: FCEL, TE, NVTS, MU Stocks In Focus
Oil prices climbed higher following the attacks, rising above $70 a barrel. Meanwhile, investors once again rotated out of technology and AI stocks, moving into more traditional industries like healthcare and financials. Investors will be watching the minutes of the Federal Reserve’s June meeting, expected on Wednesday. U.S. stock futures were mixed in the overnight…
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Trump Lashes Out at Spain: ‘Cut Off All Trade.’ Here’s Why That’s Unlikely.
President Trump, venting his longstanding animus toward Europe at the NATO summit in Ankara, Turkey, singled out Spain with particular spleen on Wednesday. “I don’t want anything to do with Spain,” he said of the European Union’s fourth-largest economy. “Cut off all trade with Spain, please, including visits.” “They’re hopeless, bad people,” he added. Whether…
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Options traders bet on Federal Reserve overestimating interest rate hikes
The Federal Reserve held rates steady at 3.5-3.75% last week and nudged its year-end median projection up to 3.8%. Markets panicked anyway. Bitcoin dropped to the $63,000-$64,000 range, the S&P 500 wobbled, and the usual chorus of doom filled financial Twitter. But a growing cohort of options traders is looking at the wreckage and seeing…
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Wall Street Banks Weigh Buying Card Payment Network to Escape Fee Caps
Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors. The times they are tentatively, not with any certainty, maybe a-changin’. In a move borrowed from the founding members of the Justice League, a group of big US banks reportedly talked about banding together to…
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NVDA, AVGO, MU, INTC Stocks Gain: Top Wall Street Traders See No Signs Of Panic In Chips Or AI Even As Correction Territory Looms
The iShares MSCI USA Momentum Factor ETF (MTUM) slipped into formal correction territory before stabilizing and ticking upward during early trading. Trading desks at major firms like Goldman Sachs and UBS report an absence of widespread panic. JPMorgan analysts indicated that the momentum-driven sell-off may have hit its floor, prompting investors to view the lower…
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S&P Dow Jones Adds Indonesia to Market Reclassification Watchlist
TEMPO.CO, Jakarta – Global index provider S&P Dow Jones Indices (S&P DJI) has placed Indonesia on its 2027 watchlist for market classification review, warning that unresolved concerns over stock ownership transparency could result in Indonesian equities receiving special treatment, including a possible reclassification from an emerging market to a frontier market. Indonesia currently retains its…
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Stock Market Today, July 8: Stocks Slide and Dow Drops 1.5% as Middle East Tensions Spike
At midday, the S&P 500(SNPINDEX:^GSPC) fell 0.91% to 7,435.81, the Nasdaq Composite(NASDAQINDEX:^IXIC) declined 0.92% to 25,584.75, and the Dow Jones Industrial Average(DJINDICES:^DJI) lost 1.51% to 52,126.81 as renewed U.S.-Iran tensions triggered another oil spike and geopolitical anxiety. Gold prices fell 1.87% to $4,030.68, and the 10-Year Treasury yield rose 0.06% to 4.59% as of midday.…
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Why FuelCell Energy Stock Is Tumbling on Wednesday
It’s a tough day for FuelCell Energy (NASDAQ: FCEL) shareholders. As of 1:50 p.m. ET the stock’s down 10.5%, extending a sell-off that’s been underway since the beginning of the month. It’s not difficult to identify the prompt for today’s tumble either. That is, the company’s raising money by issuing new stock, diluting existing shareholders’…