Stock Market News
Bessent defends Warsh, saying markets are going through ‘detox' from too much Fed guidance
The Treasury secretary questioned the need for an interest-rate hike.
Bilt Cardholders Hit With Mistaken Collections Notices on Phantom Balances
A Bilt spokesman said that roughly 1,850 cardholders were affected and that it moved quickly to correct the errors.
Rystad Energy more optimistic on Middle East diplomatic solution
Rystad Energy Chief Economist Claudio Galimberti discusses the latest factors affecting oil and LNG prices as well as the prospects for a diplomatic resolution to the Middle East conflict.
Stocks could soar in August. Here are six potential drivers.
Tom Lee, head of research at Fundstrat, outlined the reasons he thinks stocks could reach a new high this month.
S&P 500 Rallies to Record High as AI Stocks Accelerate
The S&P 500 (SPX) secured a new all-time high on Tuesday as AI stocks continue to push higher. Leading the way is Palantir ($PLTR), which is up by over 20%…
Job openings fell to a 3-month low. Is the labor market losing momentum?
After a burst of new job openings and hiring in the spring, the U.S. labor market appears to have lost some momentum.
US factory orders unexpectedly fall in June
New orders for U.S. factory goods unexpectedly fell in June, but demand elsewhere was solid as businesses continued to boost investment in artificial intelligence infrastructure.
Why Is the Stock Market Up Today, 8/4/26?
Both the S&P 500 (SPX) and the Dow Jones (DJIA) secured new intraday record highs on Tuesday, while the Nasdaq 100 (NDX) reached its highest level since July 15. The…
US Trade Deficit Narrows to $73.3 Billion as Imports Fall in June
The US trade deficit narrowed in June as imports fell for the first time since the start of the year. The gap in goods and services trade shrank 5.6% from the prior month to $73.3 billion, while the v...
Market Open: Stocks Soar, Bessent: Iran Deal Nears, Trump Attacks Big Oil • 8/4/26
The CNBC Business News Update with Jessica Ettinger features market numbers & news with CNBC expert analysis and sound from top business names. Updated throughout the business day.
Crude Oil Price Analysis – Crude Oil Tests 200-Day EMA as Iran Headlines Swirl
The oil markets continue to move on the latest comments and headlines, giving most traders headaches to be quite frank about it.
Buy the S&P 500 Before it Surges to 8,000, Says Societe Generale
Bullish earnings reports have reinforced Societe Generale’s forecast that the S&P 500 (SPX) will climb to 8,000 by the end of the year. The target implies upside of about 5%…
Markets Point Upward on Positive Headlines Regarding Iran Talks
Crude oil prices fell sharply following comments from Treasury Sec. Scott Bessent which indicate positive developments on re-opening the Strait of Hormuz.
Dow Jones Extends Gains as Bessent Teases Hormuz Deal ‘Today or Tomorrow’
The Dow Jones (DJIA) continues to rise on Tuesday after Treasury Secretary Scott Bessent said it’s possible the U.S. could soon reach a deal to reopen the Strait of Hormuz.
Nasdaq 100, Dow Jones 30 and S&P 500 Forecasts – Stock Breakout Eyes All-Time Highs
US indices positive early during the session on Tuesday, as we continue to see a lot of buyers getting involved.
Philadelphia Fed President Paulson content with rates at current level, but keeping an open mind
Philadelphia Fed President Anna Paulson told CNBC on Tuesday that she is confident the current interest rate level is sufficient to bring inflation back to target. The policymaker voted last week with...
Philadelphia Fed President Paulson: We need 'mildly restrictive' policy to bring inflation down
CNBC's Steve Liesman and Philadelphia Fed President Anna Paulson join 'Squawk Box' to discuss the state of the economy, the Fed's inflation fight, interest rate outlook, and more.
U.S. Trade Deficit Contracted in June
U.S. imports totaled $388 billion in June, down 1.8% from May, while exports were $314.7 billion, down 0.9% from May. That yielded a trade deficit of $73.3 billion versus $77.6 billion in May.
U.S. Trade Deficit Dips in June as Imports Fall Back
Imports and exports both declined, retreating from a busy month in May, data from the Commerce Department showed.
Futures Rise on Potential Hormuz Deal and Palantir Results; All Eyes on SpaceX Earnings
U.S. stock futures trended higher on Tuesday morning after Treasury Secretary Scott Bessent told CNBC that the U.S. is in talks with Iran and a potential deal to open the…
Fed's Paulson Keeping an ‘Open Mind' on Interest Rates
Federal Reserve Bank of Philadelphia President Anna Paulson said she will keep an open mind about the path for interest rates, writing in an essay on Tuesday that she is focusing on the trends of unde...
Rising Bond Yields Are Testing the Fed's Credibility as Key Jobs Data Loom
The bond market's summer reset has 10-year note yields trading near the highest levels since early 2025.
Bessent says U.S. backed Japan's yen intervention to help stabilize Asia
Treasury Secretary Scott Bessent said the U.S. joined Japan's yen-buying intervention because a stable yen is critical to regional trade and financial stability. Bessent warned that further yen weakne...
Treasury Sec. Bessent: A stable yen is important not only for the U.S., but for the entire region
Treasury Secretary Scott Bessent joins 'Squawk Box' to discuss details of the U.S.-Japan yen intervention, what drove the U.S. to intervene, his thoughts on Japan's policy path, and more.
Five Charts That Show Why the U.S. and Japan Teamed Up to Buy Yen
A rundown of why Friday's historic intervention in currency markets happened.
Bessent says there may be deal Tuesday or Wednesday to open Strait of Hormuz with 'freedom of movement'
Bessent says there may be deal Tuesday or Wednesday to open Strait of Hormuz with 'freedom of movement'
What was the world's hottest stock market is now hunting ground for short sellers
Throughout July, the most extreme shifts in investor positioning were registered in Asia. It was positioning in South Korea's equity market that the most dramatic adjustments took place as its benchma...
Dow futures surge 342 points: 5 things to know before Wall Street opens
US stock futures rose on Tuesday as Palantir's blowout results revived confidence in artificial-intelligence spending and kept Wall Street's rebound intact. At 7:00 am ET, Nasdaq 100 contracts gained ...
The stock market's brutal summer reset is finally over. Here is why Citadel Securities says it is time to buy again.
Citadel Securities strategist Scott Rubner said markets have gotten a “technical reset” and is ready to recommend buying stocks again.
Hedge funds' 2026 gains dented by tech trades in July, JPMorgan says
Global hedge funds gave up almost 3% of their gains during July due to the unwinding of technology-related trades but are still up around 8% for the year across all strategies, JPMorgan said in a not...
Stock Markets Had a Perfect Summer's Day, Now the Heat Is On
Palantir beats expectations, White House to review AI security risks, Snap gathering optimism, and more news to start your day.
What CFOs Are Saying About the Iran Conflict
Plus, Trump blasts Big Oil companies and rising beef costs pressure Tyson's bottom line.
We Love Betting on Fallen Investing Stars
The rebound in stocks looks set to continue for a fourth consecutive session. Oil prices, which plunged Monday on Iran peace hopes, are rising again, though.
Morning Bid: Earnings overload
What matters in U.S. and global markets today. World markets turned quieter on Tuesday after yesterday's equity rally and oil price decline, with Asian stock markets steady and Wall Street futures po...
Stock Market News Today, 8/4/26 – Futures Edge Higher Ahead of AMD, SpaceX Earnings
U.S. stock futures edged higher ahead of Tuesday’s session, extending Monday’s tech-led rally as investors monitored developments in U.S.-Iran negotiations. Futures on the Nasdaq 100 (NDX), the S&P 50...
Intervention Efforts Failing to Turn Tide for Yen - 3-Minutes MLIV
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
U.S. Stocks Look to Extend Rally, Oil Rebounds on Uncertainty
U.S. stock futures rose while oil edged higher in early European trade as investors also await U.S. job openings data for the month of June.
Treasury yields are broadly flat as investors mull uncertainty around peace talks
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was flat at 4.686%.
CNBC Daily Open: A U.S. yen intervention dressed in euros
Reports said that the U.S. had sold euros to fund its yen intervention. Amazon tops $3 trillion in market cap after better than expected results.
Stock Futures Rise as Tech Rally Boosts Market Sentiment
U.S. stock futures traded higher ahead of Tuesday’s session after strong gains in mega-cap technology stocks lifted the major indexes on Monday. Easing geopolitical tensions in the Middle East also…
From data centers to the massive increase in stock market-wealth, the AI boom is driving U.S. economic growth. But that engine is also a vulnerability.
AI has rapidly become a huge economic factor while affecting everything from capital investment to how much you pay for an iPhone.
Nikkei Rises 0.4%, Led by Chip Stocks
Japanese stocks were higher in early trade following gains in U.S. technology shares overnight.
A little-used Fed backstop is being put to a use it was never designed for—bankrolling Japan's defense of the yen—and Treasury Secretary Scott Bessent wants it to be expanded
The Treasury secretary wants the central bank to help by raising its $60 billion borrowing limit on an obscure lending program.
Review & Preview: Starting Strong
The Dow closed at a record high as markets began the week on an upswing.
Jim Cramer says Wall Street's latest trading trend is creating buying opportunities
CNBC's Jim Cramer said stocks are increasingly moving as part of thematic trading baskets rather than on company-specific fundamentals. He said the disconnect often creates buying opportunities for in...
U.S. Stock Futures Edge Higher After Strong Start to August
U.S. stock futures ticked higher Monday evening after a big rally in the regular trading session, aided by falling oil prices and strong gains in major tech names. Futures on the Nasdaq…
Analysis: Federal Reserve may be pulled into Bessent's effort to support Japan's yen
The U.S. joined Japan in a rare foreign-exchange intervention to support the yen after the currency slid to 40-year lows. Bessent wants the Fed's FIMA Repo Facility expanded so Japan can raise dollars...
Jim Cramer says the market has warmed up to Big Tech's AI spending. Here's what flipped the switch
Jim Cramer said Amazon CEO Andy Jassy's detailed explanation of the company's AI infrastructure spending finally gave investors the visibility they had been seeking into how those investments will gen...
Dow surges nearly 700 points for record close as Big Tech stocks rise, oil prices slide
The Dow Jones Industrial Average surged to a record close on Monday as shares of major tech companies popped on the first day of August trading, while oil prices declined after President Donald Trump ...
Investors Remain Skeptical About the Yen After U.S. Intervention
The currency has rallied since the joint move by the U.S. and Japan.
This indicator is giving the bull market another lease on life
Stock-market timers recently rushed to the exits, which is bullish from a contrarian perspective.
Iran War Risk Still Important in Background, Says Torsten Slok
Torsten Slok, chief economist at Apollo, said that while AI and the Fed may be issues more at the forefront of the economic conversation, risk from the Iran war and its subsequent impact on fuel store...
Traders in the world's most important financial market are bracing for a wild stretch ahead
Volatility is ticking higher in the $30 trillion Treasury market as investors bet that yields will push higher.
Dow surges 600 points as tech stocks lead August rebound
The Dow Jones Industrial Average closed at a record high on Monday as Wall Street began August with a broad rally, helped by gains in major technology stocks and a sharp decline in oil prices followin...
Stocks Rally as Oil Drops on Hormuz Diplomatic Hopes
Brent crude fell almost 5% on hopes of reopening the Strait of Hormuz, while U.S. stock indexes posted strong gains. Iran said Monday that there weren't any talks under way with the U.S. nor were any ...
Stock Market Today: SPY, QQQ Power Higher as Trump Pushes U.S.-Iran Talks, Urges Oil Kingpins to Slash Prices
Both the S&P 500 ETF ($SPY) and the Nasdaq 100 ETF ($QQQ) closed higher by over 1% on Monday in response to President Trump calling off strikes on Iran over…
U.S. Stocks Rally, While Oil Slides on Middle East Diplomacy Hopes
U.S. stocks jumped and oil prices fell sharply as President Trump signaled a return to diplomacy with Iran.
The Discipline of Uncertainty
Inflation rises? Raise interest rates. A war begins? Negotiate peace. Economic growth slows? Stimulate demand. Markets become volatile? Wait for the Fed to cut rates.
S&P 500 Top Stock Gainers Today, 8/3/26
The S&P 500 (SPX) rallied on Monday as falling oil prices spurred continued strength in Big Tech stocks. Let’s break down the sectors behind the performance. Today’s Top-Performing Sector Communicatio...
Time is not on President Trump's side in reopening the Strait of Hormuz: Bob McNally
Bob McNally, President of Rapidan Energy Group, says oil markets struggle to price rare, low-probability events such as a prolonged disruption to the Strait of Hormuz. He adds that if the closure of t...
25 states sue Trump administration over latest global tariffs
Twenty-five states sued the Trump administration, arguing its latest global tariffs unlawfully replace duties already struck down by courts.
Trump Brands Iranian Leadership as ‘Unbelievably Duplicitous,’ Reaffirms Peace Talks
President Trump labeled Iranian leadership as “unbelievably duplicitous” on Monday. The comment came after Trump said U.S.-Iran talks would resume today, only for Tehran to deny any plans to restart…
Yen Rises Amid Speculation of More Intervention After US Support
The yen rallied sharply on Monday amid speculation that authorities may have intervened to prop up the currency again after coordinated action between the US and Japan last week. Sonja Marten, Chief E...
Fed lending officer survey finds stable standard for many types of commercial, industrial loans
Respondents to a Federal Reserve banking survey reported “basically unchanged” lending standards for commercial and industrial loans during roughly the second quarter, with stronger demand for that ...
Wall Street's growing hyperscaler divide
CNBC's MacKenzie Sigalos reports on the competitive divide in hyperscaler companies.
The State of the Chip Trade
Joseph Deyonker and Stephen Sopko discuss the semiconductor sector amidst summer weakness and headline anxiety around AI capex spending. Stephen says his team is not seeing any slowdown in production ...
Market Midday: Stocks Rally, Iran Peace Hopes Grow, Oil Falls • 8/3/26
The CNBC Business News Update with Jessica Ettinger features market numbers & news with CNBC expert analysis and sound from top business names. Updated throughout the business day.
Manufacturing survey shows inflation worries 'worse than pandemic era,' adding to Fed pressure
The ISM manufacturing survey for July showed robust conditions for U.S. factories, with the primary index hitting its highest level since May 2022. But managers at some companies unfavorably compared ...
Kalshi traders are not expecting a U.S. and Iran nuclear deal soon
As of early Sunday morning, Kalshi traders saw a 29% likelihood of a nuclear deal between the U.S. and Iran before January 2027. That's up from 17% on Saturday evening.
Dow Jones Today: DJIA Climbs as Trump Calls Off Strikes on Iran; Oil Sinks 5%
The Dow Jones (DJIA) is trading higher on Monday after President Trump backtracked on plans to launch a “massive attack” on Iran over the weekend. In a Truth Social post,…
Kalshi traders think July jobs report will come in slightly cooler than economists' predictions
Speculators on prediction market platform Kalshi think that the July jobs number will come in below economists' consensus estimates. Traders on the platform see just a 47% chance the nation added more...
Today's Call Sheet: The top issues that will drive trading
Mike O'Rourke of JonesTrading, Lee Baker of Claris Financial Advisors, and James Pethokoukis of the American Enterprise Institute discuss what may drive the trading day ahead, including the U.S.-Japan...
The Big Picture: Yen Support in Focus
Michelle Gibley walks investors and traders through the U.S. Treasury's decision to intervene with a declining Yen. This marks the first coordinated currency intervention between the U.S. and Japan si...
Trump Pressures Energy Giants to Push ‘Oil Prices DOWN, NOW!’
President Trump took aim at oil giants in a Truth Social post on Monday, urging them to lower gas prices for consumers. He argued the industry’s strength is largely due…
Why tech stocks are likely to take a back seat for the rest of 2026, according to JPMorgan strategists
Strategists at the bank see non-U.S. shares performing well in the second half of the year and prefer semiconductor stocks to hyperscalers.
U.S. Factory Activity Expands Again in July
The ISM's purchasing managers' index was 55.6 in July compared with 53.3 in June. Analysts polled by The Wall Street Journal were expecting a reading of 54.
Why Is the Stock Market Up Today, 8/3/26?
Both the S&P 500 (SPX) and the Nasdaq 100 (NDX) are in positive territory on Monday after President Trump backtracked on plans to attack Iran over the weekend. Trump said…
Market Open: Stocks Up, Iran Talks Resume, US Props Up Yen • 8/3/26
The CNBC Business News Update with Jessica Ettinger features market numbers & news with CNBC expert analysis and sound from top business names. Updated throughout the business day.
American manufacturers grow at fastest clip in 4 years due to AI boom, but all is not well
American manufacturers grew in July at the fastest pace in more than four year as they bore the fruits of a massive boom in artificial intelligence, but they're also being hampered by pandemic-era-lik...
Iran Talks to Begin Monday, Trump Says
President Donald Trump said new Iran talks would begin Monday afternoon after he called off a planned attack on Iran. Bloomberg's Stuart Livingstone-Wallace shares what we know about the talks and how...
S&P 500 Gains as Oil Slumps 5% on U.S.-Iran Deal Hopes
The S&P 500 (SPX) is trading higher on Monday alongside a 5% drop in Brent crude oil (BZ) prices. Over the weekend, President Trump called off strikes against Iran and…
Dow jumps 600 points as oil tumbles, earnings week lifts US stocks
US stocks opened higher on Monday as easing concerns over tensions in the Middle East pushed oil prices sharply lower, while investors prepared for a busy week of corporate earnings and key economic d...
Iran Latest, Yen Intervention & July Jobs Data Looming
First week of the month is "always very important" due to the pending jobs data, says Kevin Hincks. He and Nicole Petallides recap a busy weekend with market participants reacting to ongoing developme...
Congress trades stocks. Everyone hates that.
Leading up to the midterm elections in November, corruption is proving to be a defining issue in many battleground states and districts.
Dow Jones Rallies as Trump Says U.S.-Iran Reach ‘Perimeters of a Deal’
The Dow Jones (DJIA) is set to open the trading week up by over 1% after President Trump said the U.S. and Iran made progress toward a deal. Over the…
US Indices Forecasts – Opening Gaps Push Dow Near Record Highs
The Nasdaq 100 has gapped higher to show signs of life at the open here on Monday in overnight electronic trading, testing the 28,500 level. The 50-day EMA sits just above as well, and it is going to ...
Fed hawkish hold, Nonfarm payrolls risks keep metals range-bound - Kitco AM Report
Spot gold and silver prices are firmer in early U.S. trading Monday, as lower crude oil prices eased the inflation impulse from the Gulf conflict while a softer U.S. dollar added modest support.
JPMorgan says Warsh failure to buttress Fed credibility may force a rate hike before year-end
JPMorgan's U.S. economics team says last week's post-decision press conference by Fed Chair Kevin Warsh was the most troubling since the practice began in 2012 as the U.S. banking giant moved forward ...
What to Watch With Debt Costs Related to A.I. Spend
Zachary Hill thinks the tech and semis trade "could re-couple" in the weeks ahead. He explains his rationale to Diane King Hall and dives into the metrics retail investors should focus on when it come...
Stock Futures Rise as Trump Cancels Plans to Attack Iran; Oil Prices Fall
U.S. stock futures trended higher on Monday morning after President Donald Trump called off plans to strike Iran. Consequently, oil prices fell on easing geopolitical tensions. Meanwhile, investors wi...
US shakes up currency markets with talk of unusual yen-buying via selling euros
Traders grappling with an already rare co-ordinated U.S.-Japanese action to prop up the weak yen are also digesting a further unusual dynamic: the U.S. selling euros.
The gap between big tech and the rest of the market just vanished. Here's what it means for investors.
Goldman Sachs says hot technology stocks have taken a beating, and investors should take a fresh look.
Nasdaq 100 and S&P500: Oil Plunge Opens the Door for Growth Stocks
Nasdaq-100 futures rise as falling crude pulls yields lower, but Iran headlines and Friday payrolls keep growth stocks at risk.
What the market is saying about the U.S. intervention to prop up the yen
Analysts see little hope for a yen rebound despite intervention on behalf of the U.S last week. The battered currency's fundamentals remain "weak.
Dow futures surge 410 points: 5 things to know before Wall Street opens
US stock futures rose on Monday after President Donald Trump delayed a planned attack on Iran, pushing oil prices sharply lower and easing immediate inflation concerns. At about 7:00 AM ET, Dow future...
Massive Yen Support by the U.S. Is Just a ‘Containment Exercise.' What It Really Will Do.
The U.S. and Japan confirm their first coordinated currency intervention in 15 years took place late Friday.
2027 could be one of the best years for the stock market, says Fundstrat's Tom Lee
Tom Lee, Fundstrat head of research and Fundstrat Capital chief investment officer joins 'Squawk Box' to discuss his market call for August, bitcoin and more.
Stock Markets Can't Rely on Tech to Power Gains Anymore
SpaceX reports second-quarter results, new GLP-1s are coming, latest ‘Spider-Man' pushes Hollywood toward record haul, and more news to start your day.
Morning Bid: Much 'to do' about yen intervention
What matters in U.S. and global markets today. Japan's yen strengthened further on Monday as the U.S. and Japanese governments confirmed their first joint intervention since 2011 to prop up the ailing...
The Buffett Indicator Keeps Flashing Red. Is It Broken?
If you were planning a trip to Japan, we regret to inform you it just got more expensive. Washington and Tokyo jointly intervened to strengthen the slumping yen. On the bright side, oil prices are tum...
Wall Street rallies to kick off August on Iran talks optimism
U.S. stocks kicked off August on a strong note, with each of the three major indexes rallying more than 1% as signs of de-escalating U.S.-Iran tensions pulled down oil prices and Treasury yields in ...
Stock Market News Today, 8/3/26 – Futures Rise after Trump Calls Off Iran Strikes; Earnings in Focus
U.S. stock futures traded higher ahead of Monday’s session after President Donald Trump called off planned strikes on Iran, easing geopolitical tensions. Investors are also looking ahead to a busy…
China's factories show new signs of weakness, risking a sharper slowdown in growth
Beijing has signaled little appetite for major stimulus despite a slowdown in economic momentum.
How to Play the Flood of AI Bonds
Big tech wants to borrow money for decades, but investors have better options.
Warsh tightened more by pausing than by lifting rates, this bond-market veteran argues. Here's the math.
It sounds paradoxical, but Federal Reserve Chair Kevin Warsh may have tightened the economy by not lifting interest rates than he would have by actually increasing them.
Joint U.S.-Japanese intervention boosts the yen — but will it be enough?
Although forex market intervention can affect exchange rates, most strategists believe interest rate differentials are the ultimate arbiter of the direction of travel. Japan's rates are much lower tha...
The Worries That Drove Uncle Sam to Buy Yen
The U.S. and Japan are seeking to contain tremors that could be triggered by a cratering Japanese currency.
U.S. Treasury yields fall as oil prices plunge on Iran de-escalation hopes
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell over 1 basis point to 4.688%.
Japan, U.S. Confirm Joint Yen-Buying Intervention, Signal More Action
President Donald Trump said the U.S. was helping Japan prop up its currency as a sign of friendship and to help the world economy.
U.S. Stock Futures Rise, Oil Falls as U.S. Shifts Toward Diplomacy with Iran
U.S. stocks were on track to extend Friday's rally as President Trump said he had canceled planned strikes on Iran, adding that peace talks would resume Monday afternoon.
What's Behind the Rare US-Japan Yen Intervention?
The US and Japan's first joint action on the yen in 15 years has underscored their unprecedented determination to defend the Asian currency. Watch highlights from Bloomberg TV as events unfolded.
Iraq's SOMO offers deep discounts for oil loading inside Hormuz, document shows
Iraq's state oil marketer SOMO has offered steep discounts on its August-loading Basrah crude to entice buyers to lift cargoes from inside the Strait of Hormuz, a document reviewed by Reuters showed...
Who Says the Stock Market Is Overpriced?
Most investors mistakenly interpret a higher price/earnings ratio as an unambiguously bearish indicator. But it could also mean that companies have become more profitable.
Stock Futures Rise after Trump Halts Iran Attack Plans; Earnings in Focus
U.S. stock futures traded higher ahead of Monday’s session after President Donald Trump canceled planned strikes on Iran. Investors are also looking ahead to a busy week of corporate earnings…
Why the U.S. stepped in after decades to prop up Japan's yen — and what's at stake
Analysts pointed to concerns about U.S. Treasury markets and the stability of Japan's financial system. The yen slid to 163.73 per dollar last Thursday before rebounding to 157.57 on Friday.
Japan Intervened to Support Yen Together With U.S. Treasury
Japan's Ministry of Finance intervened in the foreign-exchange market to buy the yen on Friday U.S. time, acting in concert with the U.S. Treasury Department.
Big Tech Earnings Are Sending Valuations in Wildly Different Directions
Reports from tech giants drove big gains and losses, while the Fed-fueled bond selloff adds to market pressures.
Short-Dated JGBs Fall on Growing BOJ Rate-Increase Expectations
Short-dated JGBs fell in price terms on growing expectations for a rate increase by the Bank of Japan.
Nikkei Falls 1.4%, Dragged by Electronics, Auto Stocks
Japanese stocks were lower in early trade following Friday's sharp gains as uncertainty over the Iran conflict continues.
Stock Market Today: SPY, QQQ Extend Gains on Big Tech Rally as Consumer Sentiment Strengthens
Both the S&P 500 ETF ($SPY) and the Nasdaq 100 ETF ($QQQ) closed in positive territory on the last trading day of July. News That Moved the Stock Market Today…