By Caroline Valetkevitch and Niket NishantThe S&P 500 was little changed in afternoon trading on Wednesday, but sharply higher shares of Meta Platforms provided some support along with comments from Federal Reserve Chair Kevin Warsh that inflation risks had eased recently.Warsh also said he will st…
--ISM’s Spence: Not Much Stockpiling During Iran War as Seen in Early Days of High US Tariffs Slapped Last Year--Spence: Still Cautious about 2026 Outlook but June, Semiannual Reports Indicate Optimism Among Firms(MaceNews) - U.S. manufacturing activity expanded for the sixth straight month in June…
US stocks closed mixed-to-higher on Wednesday as investors weighed Federal Reserve Chair Kevin Warsh’s remarks that inflation risks had eased in recent weeks, even as he declined to provide any forward guidance on the interest-rate path and outlined a sweeping review of central bank operations.The…
By Ed Ballard and Jack PitcherMajor indexes are mixed in afternoon trading, with weakness in tech stocks cancelling out big gains in sectors like financials and consumer discretionary.Banks and other stocks that are sensitive to the strength of the economy outperformed after survey data showed fact…
US ATLANTA FED GDPNOW MODEL ESTIMATES US 2Q GDP GROWTH RATE AT 1.2%, DOWN FROM 2.5% ON JUNE 25, AFTER LATEST ECONOMIC INDICATORS
By Joy WiltermuthInflation is a problem beyond the recent spike in oil prices, says Crossmark CEO DollFederal Reserve Chair Kevin Warsh speaks at a press conference in Washington on June 17.The "high-risk" bull market in stocks needs Federal Reserve Chair Kevin Warsh on its side, according to Bob D…
By Rodrigo Campos and Danilo MasoniA gauge of stock markets around the world edged up on Wednesday as the U.S. central bank head said inflation expectations have fallen, while crude oil prices were down as optimism over U.S.-Iran talks eased supply concerns.Traders also watched for possible Japanes…
By Ed BallardInvestors are digesting comments by Federal Reserve Chairman Kevin Warsh for clues about the path of interest rates.Warsh dodged questions about whether an interest-rate hike is in the cards this month, but he said inflationary risks have eased since the last Federal Open Market Commit…
U.S. stocks finished June 30, 2026, higher, capping a strong first half and a robust second quarter as semiconductor shares powered the market rally. The strength in semiconductors provided a major boost to the broader market and reinforced investor confidence in the ongoing AI-driven growth story…
Pre-market futures begin the first trading session of the second half of calendar 2026 in the red so far. Considering myriad stresses on the global marketplace over the first half of the year, with oil supply shocks from the closing of the Strait of Hormuz and tariff costs rebalancing global trade…
US ISM’S SPENCE TO REPORTERS: RECENT EXPANSION IN MFG SECTOR NOT MUCH FROM STOCKPILING AS SEEN IN EARLY DAYS OF HIGH US TARIFFS IMPOSED LAST YEAR
US ISM’S SPENCE: OPTIMISM AMONG MFG FIRMS ALSO IN THEIR 2026 JOBS GROWTH FORECAST OF +1.4%, NOT BIG NUMBER BUT TRIPLE FROM +0.4% PROJECTED IN DECEMBER
US ISM’S SPENCE:NOT WORRIED MUCH ABOUT PRODUCTION INDEX DROP AS SEMIANNUAL SURVEY SHOWS MFG FIRMS SEE REVENUES +8.4% IN 2026 VS. +4.4% FORECAST IN DEC
US EIA CRUDE OIL INVENTORIES -3.8 MLN BARRELS IN LATEST WEEK FROM PREVIOUS WEEK (VS. -2.9 MLN BARRELS MARKETS EXPECTED)
US EIA DISTILLATES INVENTORIES +2.5 MLN BARRELS IN LATEST WEEK FROM PREVIOUS WEEK (VS. -0.7 MLN BARRELS MARKETS EXPECTED)
US EIA GASOLINE INVENTORIES -2.3 MLN BARRELS IN LATEST WEEK FROM PREVIOUS WEEK (VS. -1.0 MLN BARRELS MARKETS EXPECTED)
CHIP STOCKS RETREAT AFTER RUN AS INVESTORS ROTATEWall Street's main indexes are mixed with just modest changes in early trade on Wednesday as fresh U.S.-Iran tensions cast doubt on peace in the Middle East, marking a cautious start to the second half of 2026.Tehran said it would not meet with top U…
US ISM’S SPENCE: RECENT DROP IN CRUDE OIL PRICES TO PRE-IRAN WAR LEVELS GOOD NEWS OVERALL;WILL SEE IF US-IRAN CEASEFIRE HOLDS, WHERE OIL PRICES SETTLE
US ISM’S SPENCE TO REPORTERS: STILL CAUTIOUS ON MANUFACTURING BUSINESS OUTLOOK BUT I SEE OPTIMISM IN JUNE, SEMIANNUAL REPORTS
MORE U.S. MAY CONSTRUCTION SPENDING: APRIL UNREVISED AT +0.4% M/M
