Shell and Toyota warn geopolitical risks remain elevated
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Shell and Toyota warn geopolitical risks remain elevated
We'll see new inflation data the same week the Senate is likely to confirm Kevin Warsh - an advocate of cutting interest rates - as Fed Chair.
Global stock markets diverged while oil prices rose on Monday after US President Donald Trump rejected Iran's terms for ending the war in the Middle East.Beijing has said it is ready to work with Washington in pursuit of "more stability" as the two countries remain at odds over key issues including trade tariffs, the Middle East war and Taiwan.
Stocks are inching lower on Monday in anticipation of a pivotal week, with data on inflation and retail sales. The Dow was down 68 points, or 0.1%, while the S&P 500 was down 0.1%. Markets are awaiting an update on prices, especially gasoline when the consumer price index is released Tuesday morning.
U. S. stock futures traded slightly lower on Monday morning, indicating Wall Street could open softer after last week’s strong rally pushed major indexes to fresh record closing highs.
Stock Market Today: Futures were down while oil prices rose on Iran tensions. Intel, Lumentum, Moderna, Circle Internet are winners..
Nabors Industries, MYR Group and Alphabet surged after Zacks upgrades and portfolio picks outpaced the S&P 500 in 2026.
By Ragini Mathur and Utkarsh Hathi May 11 (Reuters) - Wall Street futures were subdued on Monday, taking a breather after a record rally last week, as investors fretted over signs of stalled talks
US equity investors will look out for consumer price inflation as hopes diminish for a return to Ira
Ed Yardeni, founder and CEO at Yardeni Research, lifted his year-end price target for the S&P 500 by just over 7%, taking it to 8250 from 7700, a level that suggests gains of more than 11.5% from the benchmark’s close Friday of 7398. Yardeni also thinks the benchmark will hit 10,000 by the end of 2029, adding in a note published Sunday that such an elevated reading might “arrive ahead of schedule” in the new market paradigm. The push comes amid an historic change in earnings forecasts, for both this year and next, that has lifted stocks more than 16.6% since the market bottomed out on March 30, powered in large part by advances in artificial intelligence and gains for the Magnificent Seven tech giants.
Wall Street closed at a record high level on Friday supported by strong jobs data for April.
Stocks looked set to slide on Monday after President Donald Trump blasted Iran’s response to a U.S. peace proposal, which drove up oil prices and made investors feel a little more on edge about the conflict in the Middle East. The Dow has missed out because the blue-chip index is weighted heavily toward banks and industrials and relatively light on tech, meaning it hasn’t benefited as much from a relentless rally in chip stocks. Investors were trimming their exposure to stocks after Trump slammed the response from Iran's negotiators to the latest U.S. proposal to end the war.
Stock indexes dropped heading into a week that is already facing disruption from the ongoing Iran war.
Trump soon blasted Iran's response as "totally unacceptable."
This $8.2 trillion warning has reached a deafening tone.
Trump's China trip and the April inflation report will be the week's two biggest developments for investors.
The fear of missing out, or FOMO, has hit a new high. On May 7, $2.6 trillion of S&P call options were bought, the most ever in one day, driving prices higher. Some market pundits say we are in a bubble, while others say we are still in the early innings of AI productivity gains. The ...
Potato CFDs surged 705% in less than a month, beating Bitcoin, Nasdaq, and gold as Iran war speculation roils markets.