Market News

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Oil Prices Plunge Over 4% Amid Fears of Global Economic Slowdown

Oil prices fell more than 4% due to economic uncertainty from US-China trade tensions and a 0.3% drop in US GDP, raising global demand concerns.

Market

Tech Giants and Economic Indicators Steal the Spotlight as US Futures Hold Steady

US stock futures remain steady as investors await earnings from major tech and industrial companies, alongside crucial economic indicators. Key reports include Meta Platforms, Micr...

Market

Oil Prices Plummet Over 1% Amid Growing Recession Fears and Rising US Inventories

Oil prices dropped over 1% due to recession fears and a rise in US oil inventories. WTI and Brent crude both saw declines, with investor sentiment shaken by falling US consumer con...

Market

Trump's Promise of a Fair China Deal Sends Gold Prices Tumbling Over 1%

Gold prices dropped over 1% following President Trump's comments on achieving a fair trade deal with China, easing investor concerns and reducing demand for safe-haven assets. Silv...

Market

Supermicro's Stock Plummets 20% Amid Cooling AI Demand and Rising Costs

Super Micro Computer Inc. shares fell nearly 20% after cutting its Q3 revenue and earnings forecasts, citing delayed orders and higher costs. The stock hit a low of $29.12.

Market

US Crude Oil Inventories See Significant Drop: A 2.7M Barrel Decrease Sparks Market Interest

The EIA reports a 2.7 million barrel decrease in US commercial crude oil inventories for the week ending April 25, alongside changes in refinery operations and gasoline production....

Market

Oil Prices Plummet Over 4% Amid Fears of Economic Slowdown and US-China Trade Tensions

Oil prices fell sharply due to economic uncertainty and US-China trade tensions, with WTI and Brent crude both experiencing significant drops. Recent US GDP data showing a contract...

Market

Tech Giants and Economic Indicators: A Critical Day for US Stock Futures

US stock futures remained steady as investors awaited earnings from major tech and industrial companies, along with key economic indicators. The market's focus was on reports from ...