News
The S&P 500, Nasdaq 100, and Russell 2000 close at record highs again as Strait of Hormuz is declared open
2+ hour, 30+ min ago (991+ words) Stocks reached new record highs as risk-on sentiment flooded back into the markets, while oil tumbled. The S&P 500, Nasdaq 100, and Russell 2000 once again notched record closing highs, as both the US and Iran declared the Strait of Hormuz open....
Report: US Treasury wants to get a look at Anthropic's Mythos model
3+ day, 4+ hour ago (380+ words) Anthropic's relationship with the US government is complicated " and the Treasury Department is reportedly looking to make it even more so. The Pentagon has officially deemed the startup a national security supply chain risk after it refused to allow its…...
Stocks sink and oil spikes as traders price in enduring, worsening Mideast war
1+ week, 3+ day ago (1086+ words) Stocks and oil are building in more risk premium to deal with the perceived increased probability of a more drawn-out disruption to global energy supplies and shipments. US stocks are sinking while oil futures spike as traders price in a…...
Stocks continue to climb on hopes of an end to the war
2+ week, 2+ day ago (364+ words) Stocks rallied and oil fell as traders digested comments from President Trump. Stocks continued their climb on optimism that the war with Iran could conclude soon as President Trump told Reuters that the US will be "out of Iran pretty…...
Almost three-quarters of US workers think now's a bad time to find a quality job
2+ week, 2+ day ago (250+ words) The latest Gallup workplace survey points to a workforce that is struggling but largely stuck. The "great resignation," when millions of Americans quit their jobs during Covid in pursuit of greener pastures, now feels very long ago. Indeed, confidence in…...
Markets sell off as Mideast conflict shows no sign of ending
3+ week, 1+ day ago (734+ words) The S&P 500, Nasdaq 100, and Russell 2000 all fell while oil rose Energy stocks outperformed, with refiners and marketers like Valero and Phillips 66 expected to benefit from higher oil prices. Natural gas producers APA Corporation, EOG Resources, and Diamondback Energy also…...
Stocks fall as oil prices rise
3+ week, 1+ day ago (686+ words) Sometimes there's only one story in the markets. This is one of those times. Stocks fell and US oil prices rose Thursday, as President Trump threatened fresh escalation in the US war against Iran unless the Strait of Hormuz was…...
Stocks close lower after fluctuating as traders digest war updates
3+ week, 3+ day ago (738+ words) Stocks pared steeper losses on hopes of US-Iran talks but were unable to maintain gains on reports that the US is deploying 3, 000 troops to the Middle East. The S&P 500 fell, paring steeper losses after a midday report that Iran…...
How much does oil matter for inflation anyway?
3+ week, 3+ day ago (573+ words) Energy is only about 6% of the Consumer Price Index, but that's not the full picture. As markets await the first CPI print measured since the start of the Iran war, slated for April 10, it's worth stepping back and asking one…...
Stocks close lower, trimming steeper losses as oil retreats
4+ week, 1+ day ago (1187+ words) The S&P 500 and Nasdaq 100 closed lower, but trimmed steeper losses from earlier in the session after Israeli Prime Minister Benjamin Netanyahu said his country was helping with US efforts to open the Strait of Hormuz. Oil prices retreated from…...