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US stock market concentration risks come to fore as megacaps report earnings
Wall Street's reliance on a small number of high market-value stocks to keep momentum going for the U.S. equities bull market will be tested in…
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Trump strikes tariff deal with Japan, auto stocks surge
U.S. President Donald Trump struck a trade deal with Japan that lowers tariffs on auto imports and spares Tokyo from punishing new
Policy risks cloud U.S. credit outlook
Fitch Ratings has lowered around 25% of 2025 U.S. sector outlooks to ‘deteriorating’ in the midyear update amid increased uncertainty, slowing growth, and expectations for…
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NCLA launches second lawsuit against Trump Administration’s unlawful emergency tariff orders
The New Civil Liberties Alliance filed a Complaint in the U.S. District Court for the Western District of Texas challenging President Trump’s unlawful attempt to…
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Oilfield services firm Halliburton’s quarterly profit falls in second quarter
Halliburton reported about 33% fall in profit for the second quarter on Tuesday, hurt by weak demand for its oilfield services in North America, Saudi…
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Oil prices fall as tariff deadline looms
Oil prices declined for a third consecutive session on Tuesday on concerns the brewing trade war between major crude consumers the United States and the…
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Dollar dithers as investors await more tariff clarity
The dollar edged up on Tuesday, but activity across the currency market was subdued, as investors awaited any signs of progress in talks ahead...
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Wall St. futures fall on company earnings, tariff uncertainty
S&P 500 and Nasdaq futures slipped into the red on Tuesday as investors geared up for a whirlwind day of company results and awaited potential...
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Bessent says he will meet Chinese officials, discuss tariff deadline extension
U.S. Treasury Secretary Scott Bessent said on Tuesday that he will meet his Chinese counterpart next week and discuss what is likely to be an…
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Shares steady, yen up as markets unfazed by Japanese politics
European shares were softer on Monday as markets awaited developments in trade talks, as well as a European Central Bank policy meeting later...