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The Latest Breaking News on Markets

Guzman y Gomez gives market something to taco 'bout

The ASX finished flat in quiet trading with US markets closed for a public holiday, but Guzman y Gomez shares soared 36 per cent in its debut.

AAP

3 Bargain Oil and Gas Stocks Positioned for Recovery

Amid rising oil prices and promising forecasts for global demand, it could be wise to invest in fundamentally sound energy stocks HF Sinclair Corp. (DINO), Energy Transfer (ET), and Cenovus Energy (CVE) that are trading at a discount to their peers. Read on….

StockNews.com

3 Energy Stocks Analysts See Huge Upside For

Oil prices recently hit seven-week highs on expectations of robust energy demand and supply concerns amid escalating geopolitical instability and extended OPEC+ production cuts. Hence, quality energy stocks ConocoPhillips (COP), Schlumberger (SLB), and Baker Hughes (BKR), with solid upside potential, could be ideal investments now. Read more….

StockNews.com

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Stock market today: Asian stocks are mixed after Wall Street edges to more records

Asian stocks are mixed after U.S. benchmarks ticked to more records following the latest signs that the U.S. economy may be slowing without falling into recession

The Independent UK

Aust shares edge lower following RBA rate call hangover

The ASX200 has closed 0.1 per cent lower as markets reflect on a hawkish undertone in the Reserve Bank's interest-rate decision.

AAP

Is This REALLY a Bull Market?

The S&P 500 (SPY) keeps making record highs...but does that mean that market conditions are truly bullish? 44 year investment veteran shines a light on how hollow recent gains are as they are only accruing to a handful of stocks with most investors searching high and low for stock market…

StockNews.com

Stock Market Today: Dow Gains 188 Points To Start the Short Week

A big rally in tech stocks helped the main indexes start the holiday-shortened week on a strong note.

Kiplinger

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Shares fall again to finish week down 1.7 pct

The ASX200 finished Friday down 0.3 per cent in its third losing day out of the past four sessions.

AAP

Australian shares gain ground as US inflation cools

The ASX200 has finished 0.4 per cent higher after US inflation eased in May, even as the Federal Reserve predicted just one rate cut in 2024.

AAP

World Will Amass 'Major' Oil Surplus By 2030: IEA

The world is likely to have a major surplus of oil by 2030 as production is ramped up while the clean energy transition tempers demand, the International Energy Agency said Wednesday.

International Business Times

US Inflation Data Unlikely To Alter Fed Plans To Hold Rates Steady

The May headline consumer inflation rate is expected to be little changed from a month earlier, according to the median forecast of economists surveyed by Dow Jones Newswires and The Wall Street Journal.

International Business Times

Stock market today: Asian stocks are mixed ahead of this week's Fed meeting

Asian stocks are mixed in a busy week with several top-tier reports on U.S. inflation due along with a policy meeting of the Federal Reserve

The Independent UK

2 Chemical Stocks Set to Surge This June

The chemical industry is well-positioned for massive growth due to consistent demand for chemicals. Therefore, it could be wise to buy quality chemical stocks, Dow (DOW) and PPG Industries (PPG), this month. Keep reading….

StockNews.com

Stock market today: Asian markets mixed following hotter-than-expected US jobs report

Asian markets are mixed in muted trading after a jobs report released Friday was hotter then expected

The Independent UK

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International Business Times

Saudi Aramco Says Foreigners Grab 'Majority' Of Share Offering

Oil giant Saudi Aramco said Sunday that international investors had snatched up the bulk of shares sold in its latest offering, which was set to raise $11.2 billion.

StockNews.com

Exxon Mobil (XOM) vs. Chevron (CVX) - Analyzing Long-Term Value in 2024 and Beyond

The energy sector is poised to witness steady growth amid growing demand and possible supply cuts. In such a scenario, let’s analyze the potential of two key players in this space, Exxon Mobil (XOM) and Chevron (CVX). Read on….

The Independent UK

Stock market today: Asian stocks are mixed ahead of key U.S. jobs data

Asian stocks are mixed after a steady day on Wall Street as markets anticipate key U.S. jobs data to be revealed later in the day

AAP

Australian shares boosted by best weekly gains of year

The ASX200 climbed 0.5 per cent on Friday to finish the week up 2.1 per cent, its best weekly performance since mid-December.

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StockNews.com

3 Emerging Energy Stocks With Untapped Potential for June

The energy sector is growing significantly due to rising oil prices, high global demand, limited supplies, geopolitical tensions, technological progress, and expected easing of monetary policies this year. Therefore, it may be wise to consider buying fundamentally strong energy stocks Newpark Resources (NR), Unit (UNTC), and MV Oil (MVO), which…

The Independent UK

Stock market today: Asian stocks trade mixed after Wall Street logs modest gains

Asian shares are mixed as investors weighed data highlighting a slowing U.S. economy that offers both upsides and downsides for Wall Street

The Independent UK

Stock market today: Asian shares decline after report shows US manufacturing contracted in May

Asian shares have retreated after a report showed that U.S. manufacturing contracted in May

International Business Times

Asian Markets In Reverse As US Data Spark Economy Worries

Asian markets fell Tuesday as traders were spooked by signs of weakness in the US economy, even as the data boosted hopes the Federal Reserve will cut interest rates this year.

StockNews.com

4 Oil Stocks Set to Dominate in June 2024

With solid energy demand, tight supplies aggravated by extended OPEC+ oil production cuts and geopolitical instability, and innovations in exploration and drilling technologies, the oil and gas industry is well-poised to experience robust expansion. Thus, it could be wise to invest in top oil stocks EOG Resources (EOG), Energy Transfer…

AAP

Financial sector leads Australian shares higher

The ASX200 finished 0.8 per cent higher, with nine out of 11 sectors rising after a US inflation report came in cooler than expected.

The Independent UK

Stock market today: Asian shares start June with big gains following Wall St rally

Shares in Asia have started June with big gains after Wall Street finished with another push higher

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