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.
9,306 total articles
JPMorgan Chase has filed to launch a private credit fund that would permit investors to redeem 7.5% of shares each quarter and has requested an exemption to repurchase at least 2% of outstanding shares monthly. The prospectus details that the fund will generally allocate at least 80% of net assets, plus any borrowings for investment purposes, to cr…
Canada's S&P/TSX Composite closed lower, down 1.53%, with losses concentrated in the Materials, Information Technology and Healthcare sectors. Market breadth showed substantially more decliners than advancers, the S&P/TSX 60 VIX climbed, and commodities moved unevenly with gold tumbling while crude oil rallied.
Brazil's equities closed lower on Thursday, with the Bovespa slipping 1.45% as losses concentrated in Real Estate, Public Utilities and Financials. A small group of stocks posted gains, including Brava Energia, Marfrig and Prio, while several large decliners led the market down. Commodities and currency pairs moved unevenly, and the CBOE Brazil Etf…
U.S. stock indexes finished lower on Thursday, led by losses in the Technology, Industrials and Consumer Goods sectors. The Dow Jones Industrial Average fell 1.01%, the S&P 500 dropped 1.74% and the Nasdaq Composite declined 2.38%. Notable individual moves included strong gains for Brown Forman and Valero and steep declines for several semiconducto…
The Nasdaq Composite fell 2.4% on Thursday, confirming a correction after dropping nearly 11% from its record-high close on October 29. The recent broad market selloff, driven by uncertainty about the U.S. and Israeli war with Iran, marked the index's sharpest run of losses since April 2025. Large technology companies that had benefited from AI opt…
European Union institutions have reached an informal accord to penalize online marketplaces that import products deemed unsafe, a measure framed to address an influx of low-cost and potentially non-compliant goods arriving through platforms such as Temu, Shein and AliExpress. The move, agreed as part of a reform of the EU Customs Code, includes pot…
Unity Software reported preliminary first-quarter results that exceeded its guidance across revenue and adjusted EBITDA, driven by growth in Unity Vector and Create. The company said it will retire the ironSource Ads Network and is pursuing a divestiture of its Supersonic game publishing unit. Shares rose sharply in after-hours trading following th…
PJM Interconnection has informed Constellation Energy that transmission upgrades tied to the restarted Three Mile Island nuclear plant in Pennsylvania are unlikely to be finished before 2031, delaying the plant's ability to feed power into the grid by roughly four years versus Constellation's earlier timeline. Constellation says the unit will be op…
The European Commission has provisionally charged four major adult content platforms - Pornhub, Stripchat, XNXX and XVideos - with breaching the EU's Digital Services Act after a 10-month probe found shortcomings in measures to prevent children accessing pornographic material. Regulators faulted the platforms for relying on weak self-declaration an…
Since the Iran conflict began on February 28, global energy prices have climbed sharply, and the resulting pull of supply through the Strait of Hormuz has stopped roughly one-fifth of worldwide flows. Benchmark Brent averaged about $97 per barrel in March, up from $69 in February and $65 in January. That surge is expected to boost revenues and lift…
Pernod Ricard and Brown-Forman have engaged in discussions over a potential merger, according to a source familiar with the matter. The talks would combine a wide-ranging global spirits portfolio with the leading American whiskey business as the sector contends with multi-year sales weakness, tariff-driven pressures and changing consumer behavior. …
Shares of Occidental Petroleum rose after reports indicated that long-serving CEO Vicki Hollub is preparing to retire later this year and that Chief Operating Officer Richard Jackson is expected to take over. The transition is described as likely to include an interim period during which Hollub may stay on as an adviser or be named CEO-designate wh…
A food safety and animal welfare nonprofit has initiated legal action against Panera Bread, alleging the fast-casual chain misrepresented the sourcing and welfare attributes of its meat products. The suit, filed March 20 in Washington D.C., cites 2024 media reporting on internal company documents that purportedly show Panera relaxed ingredient stan…
Vicki Hollub, who led Occidental Petroleum through more than four decades at the company and a transformative decade as CEO, is preparing to retire, people familiar with the situation said. A formal announcement is expected later this year, with Chief Operating Officer Richard Jackson likely to assume the top role. Hollub’s tenure included the majo…
Apple is preparing to open its Siri voice assistant to competitors beyond its existing ChatGPT arrangement as part of an anticipated iOS 27 update. The company is developing tools that would allow App Store chatbot apps to work with Siri under its Apple Intelligence framework, enable users to choose which external AI handles specific queries, and p…
Mastercard has begun seeking a buyer for the real-time payments unit it acquired from Denmark’s Nets Group in 2019. The credit card company has retained investment bankers to run the divestment, which could draw private equity interest and may command a lower valuation than the $3.2 billion paid in 2019. Mastercard did not immediately respond to a …
SoFi Technologies reported an expansion of its Loan Platform Business with new funding commitments exceeding $3.6 billion, but the company’s shares fell 4.3% on Thursday. The financing package comprises three agreements: $1 billion from a global bank, $600 million to be provided to an insurance group over 12 months, and a partnership with a top-fiv…
Mastercard has begun marketing the real-time account-to-account payments business it acquired from Nets Group in 2019 for $3.2 billion. The company has retained investment banks to run a sale process that is likely to draw private equity interest, though the firm anticipates a transaction price well below its original purchase price. The unit proce…
Elon Musk is exploring a plan to reserve as much as 30% of SpaceX’s initial public offering for individual investors, a retail allocation at least three times greater than common practice. The structure is intended to draw on Musk’s devoted supporters to help steady post-listing trading, and Bank of America has been chosen to manage domestic retail…
Thursday's trading session produced notable volatility across market-cap tiers, with semiconductor and large technology names among the steepest decliners. Lam Research (LRCX) and Facebook (META) posted double-digit-portion declines relative to other mega-cap peers, while a range of mid- and small-cap stocks moved sharply in response to company ann…
Traders head into the last trading day of the week with a slate of consumer sentiment releases and Federal Reserve commentary that could influence market direction on Friday, March 27, 2026. The University of Michigan will publish final consumer sentiment and expectations indices, while San Francisco Fed President Mary Daly and Richmond Fed Preside…
A cohort of private energy companies and private-equity backers is leading a new wave of international shale development, entering nascent plays in Argentina, Turkey, and Australia. Publicly traded U.S. shale producers largely remain cautious, prioritizing shareholder returns and domestic inventories, even as consultants project substantial non-U.S…
Elon Musk is reportedly pushing to reserve a disproportionately large portion of SpaceX's planned initial public offering for retail investors - as much as 30% - and has directed banks to concentrate on specific investor pools and regions rather than competing broadly. The approach is intended to harness the company’s devoted retail following and t…
Elon Musk’s attorney has asked a federal judge to review a March 20 jury verdict that found Musk liable for defrauding Twitter investors, arguing jurors improperly used the verdict to deliver a message. The request, filed March 26 in San Francisco federal court, points to a bright blue "$4.20" entry on the verdict form and alleges other trial error…
U.K. stocks finished lower on Thursday, with the benchmark index falling 1.29% as losses in the Financial Services, Mining and Aerospace & Defense sectors weighed on the market. While a handful of large-cap names recorded gains, several heavyweights dropped sharply, including one stock that slid to a 52-week low. Commodities and currency markets re…
