London ( UKX ) +0.40%, supported by strength in financial and mining stocks. Germany ( DAX:IND ) -0.08% France ( CAC:IND ) +0.24%. In other parts of Europe, c onsumer prices in Sweden rose by 0.8% Y/Y in May. Finland’s current account posted a deficit of €2.28B in April 2026. The pan-European Stoxx 600 ( STOXX) traded 0.31% higher to € 620.1, as investors analyzed broader geopolitical tensions wit...
London ( UKX ) +0.40%, supported by strength in financial and mining stocks. Germany ( DAX:IND ) -0.08% France ( CAC:IND ) +0.24%. In other parts of Europe, c onsumer prices in Sweden rose by 0.8% Y/Y in May. Finland’s current account posted a deficit of €2.28B in April 2026. The pan-European Stoxx 600 ( STOXX) traded 0.31% higher to € 620.1, as investors analyzed broader geopolitical tensions with the evolving situation in the Middle East and braced for the ECB's monetary policy decision. The ECB is widely expected to deliver its first rate hike since 2023 later in the morning as policymakers respond to surging energy costs and the growing risk of persistent inflation amid the conflict with Iran and disruptions to oil shipments through the Strait of Hormuz. The euro was little changed around $1.15, hovering near its lowest level in more than two months, as broad US dollar strength continued to weigh. Gold edged above $4,100 an ounce on Thursday after the US military announced it had completed its latest strikes on Iran. In the bond market, the yield on the US 10-year Treasury was almost flat at 4.54%. UK's 10-year yield was up less than 1 basis point to 4.93%. Germany's 10-year yield was almost flat at 3.07%. Currencies: ( EUR:USD ) ( GBP:USD ) ( CHF:USD ) ETFs: (NYSEARCA: EWG ), (NYSE: GF ), (NYSEARCA: EWI ), (NYSEARCA: EWQ ), (NASDAQ: FGM ), (NASDAQ: DAX ), (NYSEARCA: FLGR ), (NYSEARCA: FXB ), (NYSEARCA: EWU ), (NASDAQ: FKU ), (BATS: EWUS ), (NYSEARCA: FLGB ), (NYSEARCA: GREK ) More on Europe Monthly Macro Monitor: Nothing To See Here Week Ahead: Surging Greenback On Robust Jobs Data, While ECB Hike Seen As A Done Deal Stronger Dollar Trade: The Most Unexpected Macro Bet (Part 2) European stocks tick higher with ECB decision in focus European stocks edge higher as oil prices ease
Years ago, when Ford Motor Company (NYSE: F) stopped producing sedans in the U.S. (other than the prized iconic Mustang, if you count that), it was a fairly logical move. At one time, the sedan market accounted for 50% of new-car sales, but that share has consistently declined to the mid-teens as America's appetite for larger SUVs and trucks has increased. At the time, Ford's profitability on seda...
Years ago, when Ford Motor Company (NYSE: F) stopped producing sedans in the U.S. (other than the prized iconic Mustang, if you count that), it was a fairly logical move. At one time, the sedan market accounted for 50% of new-car sales, but that share has consistently declined to the mid-teens as America's appetite for larger SUVs and trucks has increased. At the time, Ford's profitability on sedans was questionable, so moving production capacity and capital investment to larger, more profitable vehicles made sense. Fast-forward to today, and things have changed yet again. Ford is planning to get back into the sedan segment in the U.S., but why, and what does that mean for its bottom line? Continue reading
QXO's looming acquisition of TopBuild will shake up the building materials industry in a big way, but investors may see it as either a growth catalyst or a risk.
QXO's looming acquisition of TopBuild will shake up the building materials industry in a big way, but investors may see it as either a growth catalyst or a risk.
(RTTNews) - Stitch Fix, Inc. (SFIX), an online clothing retail company, reported narrower loss in the third quarter of 2026, due to higher revenue and net revenue per active client, despite a drop in active clients. Further, the company issued fourth quarter outlook and raised fo
(RTTNews) - Stitch Fix, Inc. (SFIX), an online clothing retail company, reported narrower loss in the third quarter of 2026, due to higher revenue and net revenue per active client, despite a drop in active clients. Further, the company issued fourth quarter outlook and raised fo
US equity futures advanced after Wednesday’s inflation print calmed investor fears of Federal Reserve interest-rate hikes, while a swift end to renewed American strikes on Iran kept oil prices in check. Contracts on the S&P 500 were up 0.8% as of 4:20 a.m. in New York, while Nasdaq 100 futures gained 1.3% . Both underlying gauges on Wednesday had continued their retreat from all-time highs hit ear...
US equity futures advanced after Wednesday’s inflation print calmed investor fears of Federal Reserve interest-rate hikes, while a swift end to renewed American strikes on Iran kept oil prices in check. Contracts on the S&P 500 were up 0.8% as of 4:20 a.m. in New York, while Nasdaq 100 futures gained 1.3% . Both underlying gauges on Wednesday had continued their retreat from all-time highs hit earlier this month. Brent crude erased gains from earlier in the session after a swift end to the latest round of US strikes against Iran raised hopes that talks to open the Strait of Hormuz may soon restart. Oracle Corp. shares slumped as much as 12% in premarket trading after the company reported quarterly capital expenses that were higher than estimates, fueling investor concerns about the profitability of the AI infrastructure business. Elsewhere, Wednesday’s print of consumer prices for May had soothed investor concerns that accelerating inflation may force the Federal Reserve’s hand to raise interest rates. May US core inflation accelerated less than forecast . “US equities are starting to find a bottom,” said Bank J Safra Sarasin equity strategist Wolf von Rotberg , adding that the latest inflation numbers temporarily alleviated fears of a sharp rise in price pressures. “The market may now move into a wait-and-see mode, finding out how the Fed reaction function has changed under the new chairmanship,” Von Rotberg said.
The US moved to resolve a key legal dispute with Turkey involving a state bank, alleviating a major irritant in bilateral ties ahead of President Donald Trump ’s anticipated visit next month. The Justice Department asked a judge to let it drop a long-running criminal case against Turkish state-owned lender Turkiye Halk Bankasi AS . The bank, known as Halkbank, was accused of helping Iran evade US ...
The US moved to resolve a key legal dispute with Turkey involving a state bank, alleviating a major irritant in bilateral ties ahead of President Donald Trump ’s anticipated visit next month. The Justice Department asked a judge to let it drop a long-running criminal case against Turkish state-owned lender Turkiye Halk Bankasi AS . The bank, known as Halkbank, was accused of helping Iran evade US sanctions by moving about $20 billion in restricted funds, an allegation it denies. Halkbank rose 3.9% at market opening in Istanbul and was up 3.6% at 11:03 a.m. The move is part of broader efforts by Washington and Ankara to address points of contention, signaling a shared desire by the North Atlantic Treaty Organization’s two largest armed powers to strengthen ties in the face of wars in Ukraine and Iran. The case has long been a sore point in relations between the two allies, which strained after Turkey purchased a Russian air-defense system about a decade ago. Erdogan raised the matter with Trump during a White House meeting last September and later said Turkey anticipated the case to be resolved. The S-400s acquisition in 2019 prompted the US to remove Turkey from its F-35 fighter-jet program and impose sanctions. Trump is due to attend a July summit of NATO leaders in Ankara and hold talks on an extensive range of issues with Turkish President Recep Tayyip Erdogan . DOJ Says Deal Reached to End Case Against Turkey’s Halkbank US Ambassador to Ankara Tom Barrack said numerous times that Turkey should not possess the Russian S-400s if it wants to return to the F-35 program. Why F-35 Fighter Jet Is at Heart of US-Turkey Ties: QuickTake
Italian Premier Giorgia Meloni called on the European Union to appoint a representative to negotiate peace with Russia, inserting her voice into the debate over about how to engage with Vladimir Putin . “Our firmness with regards to Russia shouldn’t become diplomatic blindness or self-exclusion,” she told lawmakers in Rome Thursday. “Europe must consider jointly and pragmatically how it interacts ...
Italian Premier Giorgia Meloni called on the European Union to appoint a representative to negotiate peace with Russia, inserting her voice into the debate over about how to engage with Vladimir Putin . “Our firmness with regards to Russia shouldn’t become diplomatic blindness or self-exclusion,” she told lawmakers in Rome Thursday. “Europe must consider jointly and pragmatically how it interacts with Moscow.” Meloni, in planned remarks ahead of next week’s G7 and European leader summits, reiterated Italy’s support for Ukraine and said it was “key to find someone who can represent European interests at the negotiating table.” By speaking out, the premier is advocating for a broader discussion after her exclusion from a meeting in London this past weekend with the so-called E3 leaders — the UK’s Keir Starmer , France’s Emmanuel Macron and Germany’s Friedrich Merz . “The real issue is not who is part of this or that format, but rather that no format currently has the legitimacy to speak on behalf of Europe entirely,” Meloni said. The shifting array of voices doesn’t adequately represent Europe and produces “only fragmentation, confusion, weakness,” she added. Meloni first said Europe should speak to Russia earlier this year. Meloni, whose governing coalition has at times clashed over support to Kyiv and whether Ukraine should join the bloc, also said Italy would continue to “actively” support its defense and energy systems.
Key PointsAlthough the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite recently hit fresh highs, inflationary risks to the U.S. economy and stock market are growing.
Key PointsAlthough the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite recently hit fresh highs, inflationary risks to the U.S. economy and stock market are growing.
The Philippines may be taking steps to curb gambling addiction, but for Bridges of Hope founder and director Jon Ty, the number of helpline calls that he has received over the past year tells a different story. Such calls to the rehabilitation centre’s hotline were mostly related to gambling, with the number rising to nine out of 10 total calls so far this year from seven out of 10 in 2025, Ty sai...
The Philippines may be taking steps to curb gambling addiction, but for Bridges of Hope founder and director Jon Ty, the number of helpline calls that he has received over the past year tells a different story. Such calls to the rehabilitation centre’s hotline were mostly related to gambling, with the number rising to nine out of 10 total calls so far this year from seven out of 10 in 2025, Ty said. Many of the callers were desperate family members reaching out because their loved ones were...
alexsl Stock index futures were higher before the bell as Washington said it has "completed" strikes against Iran. Dow futures ( INDU ) rose 0.68% to 50,258.69, S&P 500 futures ( SPX ) gained 0.76% to 7,322.29, and Nasdaq 100 futures ( US100:IND ) climbed 1.00% to 28,793.16. The U.S. military began "launching additional self-defense strikes on Wednesday at 5:15 p.m. ET against multiple targets in ...
alexsl Stock index futures were higher before the bell as Washington said it has "completed" strikes against Iran. Dow futures ( INDU ) rose 0.68% to 50,258.69, S&P 500 futures ( SPX ) gained 0.76% to 7,322.29, and Nasdaq 100 futures ( US100:IND ) climbed 1.00% to 28,793.16. The U.S. military began "launching additional self-defense strikes on Wednesday at 5:15 p.m. ET against multiple targets in Iran at the Commander in Chief's direction," Centcom said. Centcom then confirmed it has "completed additional self-defense strikes against multiple targets in Iran, June 10." U.S. Treasury yields fell across the curve. The 10-year Treasury yield ( US10Y ) slipped 2 basis points to 4.54%, the 2-year Treasury yield ( US2Y ) dropped 2.3 basis points to 4.14%, and the 30-year Treasury yield ( US30Y ) edged down 1.1 basis points to 5.02%. On the economic calendar, the wholesale inflation report takes center stage. The consensus sees PPI-FD up 0.7% on the month and 6.4% on the year in May. Excluding food and energy, the call is up 0.4% on the month. Initial jobless claims will also land before the opening bell. Top gainers in premarket trading included Ares Management ( ARES ) +3.34%, Marathon Petroleum ( MPC ) +2.55%, and Gartner ( IT ) +2.14%. Decliners included Oracle ( ORCL ) -10.13%, FactSet Research Systems ( FDS ) -2.87%, and Fortinet ( FTNT ) -2.79%. Community sentiment survey: Are you planning to buy the upcoming SpaceX IPO? Vote on our Community page . More on markets Consumer Price Index: Inflation At 4.2% In May Iran: Sleepwalking Into A Crisis AIER's Everyday Price Index Rises Again As Energy Shock Fuels Inflation Trump warns Iran will 'pay the price,' says new strikes remain on the table Wall Street rises as tech recovers after selloff