Daily coverage of equity markets, sectors, and major indices.
In-depth reporting on U.S. and global stock markets, including index performance, sector rotation, earnings reactions, volatility trends, and notable single-stock moves. Designed to help traders and investors understand what is driving price action across equities.
9,687 total articles
U.S. equities slipped on Friday and were set for a weekly drop as investors contended with oil trading above $100 a barrel, higher Treasury yields and a weaker gold market. Goldman Sachs has raised inflation projections and reduced near-term growth forecasts for the U.S. and Europe, while also highlighting AI's outsized influence on S&P 500 earning…
Panama’s canal affairs minister said the government hopes COSCO Shipping will withdraw its decision to suspend calls at the Balboa port, which handles about 4% of the port’s cargo. The suspension follows a late-January Supreme Court ruling that annulled the concession held by a unit of CK Hutchison and the temporary takeover of operations by APM Te…
People familiar with SpaceX's IPO planning say the company intends to allocate underwriting and distribution responsibilities among a broad group of investment banks. The structure would assign institutional allocation to a pair of lead banks while routing retail distribution through others, and would involve additional international banking partne…
SpaceX has engaged Gibson Dunn to serve as its lead legal counsel for an anticipated initial public offering, while the banks underwriting the deal have selected Davis Polk & Wardwell, according to people familiar with the plans. A confidential filing may be submitted as soon as this month. The IPO is targeted at a valuation of $1.75 trillion and f…
U.K. equity markets closed lower Friday, with the United Kingdom 100 index falling 0.44%. Losses were concentrated in Automobiles & Parts, Mining and Industrial Engineering sectors, though individual winners included Tesco, Hikma Pharmaceuticals and Imperial Brands. Market breadth on the London exchange showed more falling stocks than advancing, wh…
U.K. stocks finished lower on Friday, with the United Kingdom 100 index falling 0.44% at the close. Losses were concentrated in the Automobiles & Parts, Mining and Industrial Engineering sectors. Among individual movers, Tesco, Hikma Pharmaceuticals and Imperial Brands posted the largest gains, while Fresnillo, Antofagasta and Rolls-Royce were the …
Spanish equities closed lower on Friday, with the IBEX 35 falling 0.47% as losses in the Consumer Goods, Building & Construction and Financial Services & Real Estate sectors outpaced advances. Repsol, Cellnex and Redeia were the session's top performers, while ArcelorMittal, Sacyr and International Consolidated Airlines Group registered the largest…
Spain's benchmark IBEX 35 finished lower on Friday, slipping 0.47% as declines in the Building & Construction, Consumer Goods and Consumer Services sectors exerted downward pressure. While energy and infrastructure names outperformed, several industrial and transport stocks recorded the session's largest drops. Commodity and currency markets also r…
Portugal's main index, the PSI, closed lower on Friday, slipping 0.09% as declines in the Industrials, Basic Materials and Financials sectors outweighed gains among select names. EDP Renovaveis, Sonae SGPS and Nos were the session's top performers, while Semapa, Mota Engil and CTT Correios recorded the largest falls. Commodities and currency market…
The Amsterdam exchange closed modestly higher, with Telecoms, Oil & Gas and Consumer Goods among the leading sectors. BE Semiconductor Industries delivered the session's largest advance, while ArcelorMittal, Exor and ASM International were notable laggards. Market breadth favored decliners and commodity and currency markets showed varied moves.
Italian equities closed lower on Friday, with the broad Italy 40 index down 0.34% as losses in Industrials, Healthcare and Financials outnumbered gains. Energy-related names led risers, while an auto group and several industrial firms were among the heaviest decliners. Market breadth was negative and commodities and currency moves accompanied the e…
French equity markets closed lower on Friday, with the CAC 40 sliding 0.91% to a new three-month low and the SBF 120 also falling 0.91%. Losses were concentrated in the Consumer Goods, Industrials and Basic Materials sectors, while energy and a handful of consumer names outperformed. Market breadth was negative as decliners outnumbered advancers by…
Belgian stocks closed lower on Friday, with the BEL 20 falling 0.77% to a one-month low. Sector declines in Basic Materials, Consumer Goods and Technology were the principal drivers. Anheuser Busch Inbev led gainers while Syensqo plunged to an all-time low. Commodities and currency markets showed mixed moves, with gold down and crude and Brent oil …
Morgan Stanley has cut its estimates for tanker traffic through the Strait of Hormuz after a review of vessel position data found no crude, refined product or LNG tankers exited the Persian Gulf via the strait on March 12. The bank now places recent daily transits at roughly 0-2 vessels, down from a prior range of 2-6, and says the revision reflect…
Micron Technology shares climbed 4.5% on Friday as investors positioned for the company’s upcoming earnings release on Wednesday, March 18. Upgrades and reiterated strong ratings from Wedbush and Mizuho, which raised price targets and projected revenue and earnings above consensus, underpinned the move.
Swedish equities closed lower Friday, with the OMX Stockholm 30 falling 1.45%. Losses were concentrated in the Basic Materials, Industrials and Oil & Gas sectors. Market breadth favored decliners, and several large-cap industrials were among the biggest losers while a handful of telecom and investment names advanced. Commodity and currency moves in…
Sweden's stock market closed lower on Friday, with the OMX Stockholm 30 index slipping 1.45% as losses in Basic Materials, Industrials and Oil & Gas weighed on the session. A handful of large-cap names outperformed, but decliners outnumbered advancers across the exchange. Commodities and foreign exchange moves accompanied the equity sell-off.
Finland's main benchmark ended lower on Friday, dragged down by losses across Industrials, Basic Materials and Oil & Gas. The OMX Helsinki 25 fell 1.17% at the close, with more decliners than advancers on the exchange. Commodity and currency moves were mixed, with Brent and U.S. crude firmer while gold declined and the dollar strengthened.
Fantasia released detailed terms of an offshore debt restructuring plan that would reshape about $4.66 billion of its obligations through new equity, mandatory convertible bonds and long-dated secured notes. The proposal also includes conversion of a shareholder loan into equity and a small fresh loan from the controlling shareholder to cover restr…
Bank of America advises selling crude oil once prices surpass $100 per barrel, arguing that such levels would probably prompt policy makers to act to limit downside risks to the broader economy. The bank links the oil rally to shifts in Fed rate-cut expectations and recommends tactical positioning across Treasuries, the U.S. dollar and the S&P 500.
William Blair cut its rating on PagerDuty Inc from Outperform to Market Perform following a fourth quarter that fell short of expectations and a fiscal 2027 outlook that calls for roughly flat revenue growth at the midpoint. The brokerage highlighted ongoing pressure from the company’s seat-based pricing model, weakening customer metrics and compet…
Poland's main index closed lower on Friday, with the WIG30 sliding 0.48% to register a one-month low. Losses were concentrated in Construction, Basic Materials and Oil & Gas. Among large-cap movers, Jastrzebska Spotka Weglowa, PGE and PZU were the session's top risers, while Budimex, Synektik and Asseco Poland registered the largest declines. Marke…
Elon Musk has initiated further departures at xAI after bringing in managers from SpaceX and Tesla to review the company’s coding division. Several co-founders and staff have left or been moved aside amid complaints about product shortcomings, burnout and declining morale, sources say. The restructurings come as xAI is positioned within SpaceX ahea…
Denmark's equity market closed with gains in key sectors on Friday, driven by advances in Consumer Goods, Real Estate and Industrials, even as the benchmark OMX Copenhagen 20 finished the session with a reported 0.00% change. A handful of large-cap names led the session's winners while several other notable stocks declined; commodity and currency m…
San Francisco-based hedge fund Fivespan Partners disclosed a 5.1% stake in BlackLine Inc, signaling activist engagement with the cloud accounting software provider. The filing, made public Thursday evening, followed BlackLine's recent appointment of technology M&A veteran Storm Duncan to its board and Strategic Committee. Fivespan said it paid roug…
