Market News

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Dow Surges Over 600 Points as US Stock Futures Rally Following Trump's Reassurance on Fed Chair

US stock futures, including the Dow Jones Industrial Average, Nasdaq 100, and S&P 500, saw significant gains following President Trump's reassurance about Federal Reserve Chair...

Market

Crude Oil Prices Surge 1.6% as US Signals Tariff Reductions on China, Sanctions on Iran

Crude oil prices rose over 1.5% as US President Trump hinted at lowering tariffs on Chinese imports, potentially boosting demand. Additionally, US sanctions on Iran's oil shipping ...

Market

Fitch Ratings Downgrades 2025 Global Auto Outlook Amid Rising US Tariffs and Market Uncertainties

Fitch Ratings downgrades the 2025 global automotive sector outlook to "deteriorating" due to US tariffs on imported vehicles, citing potential production cuts, increased costs, and...

Market

Wall Street Soars as Boeing and Tech Giants Report Stellar Earnings, Trump Denies Powell Firing Rumors

U.S. stock markets opened higher with significant gains led by Boeing and tech stocks following strong earnings reports. President Trump denied rumors of firing Fed Chair Powell, w...

Market

Gold Prices Retreat 3% from Record Highs Amid Positive US-China Trade Signals

Gold prices fell by 3% from record highs, influenced by positive US-China trade relations and Federal Reserve autonomy concerns. Other precious metals saw gains.

Market

Oil Prices Plummet Over 2% Amid Rumors of OPEC+ Accelerating Production Increases

Oil prices dropped over 2% as OPEC+ members consider speeding up production increases for a second month, with WTI and Brent crude both seeing significant declines.

Market

Industrial Demand Hopes Propel Silver Prices to Soar Over 3% Amid Trade Tensions Ease

Silver prices surged over 3% due to optimism about industrial demand and potential easing of US-China trade tensions, while other precious metals also saw gains except for gold, wh...

Market

European Markets Surge: DAX Climbs 3% Amid Mixed Economic Signals and Trade Optimism

European stocks ended positively with the DAX up 3% amid a mixed bag of economic indicators, including a euro area trade surplus and potential US-China tariff cuts, despite decline...