News

(Updates with index/price moves and Fed/company/geopolitical news from the first paragraph.) US e

Retail sentiment remains ‘bearish’ on SPY and QQQ. Further weakness in QQQ will put it on track for the longest losing streak since August 2025.

U.S. recruitment slowed significantly in June, dampening some of the employment growth momentum observed earlier this year.

AI chip rally powers gains as inflation data looms.

Markets closed a shortened week higher as lower oil prices and a rally in chip stocks outweighed concerns about future Fed policy.

June S&P 500 E-Mini futures (ESM26) are down -0.01%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.01% this morning, taking a breather after a three-day rally, while investors turn their attention to the first Federal Reserve meeting under Kevin Warsh.

Stocks were mostly higher this week as investors were reminded that earnings are the signal; inflation and geopolitics is noise

8.45am: US CPI rises to three-year high US inflation last month was the highest in three years, due to rising energy, housing and food prices. The US consumer price index was up 3.8% year on year in April, up from 3.26% the month before. Month-on-month, CPI increased 0.6%, easing from...