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The Latest Breaking News from SP

India's strong growth keeps state finances stable despite deficits, rising debt: S&P

India's robust economic expansion is shielding state finances from worsening. Despite ongoing spending needs and revenue gaps, strong growth is boosting revenues. This expansion is expected to keep credit risks manageable. State governments are crucial for development, handling significant public expenditure.

The Economic Times

SpaceX IPO Fears Are Overblown, But the AI Bet Is Real

Stansberry Research's Brett Eversole argues that SpaceX's $75 billion IPO poses limited market risk and that the company's S-1 frames it primarily as an enterprise AI bet, not a space business.

MarketBeat

Wall Street buckles up for SpaceX liftoff

NEW YORK - As SpaceX prepares for its record-breaking $75 billion market debut with great fanfare, Wall Street traders, brokers and exchanges are working nonstop to make sure their trading systems can handle the blockbuster IPO and avoid ‌the chaos that marred other highly anticipated launches.

Bangkok Post

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China learns to live on less fuel, to the relief of oil markets

China's fuel demand has unexpectedly dropped significantly, with gasoline and diesel sales falling as consumers shift to electric vehicles and public transport. This behavioral change, driven by higher fuel prices and the property crisis, is leading to reduced crude oil imports and has major implications for global oil markets.

The Economic Times

Stocks Settle Sharply Lower on Escalating Middle East Tensions

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -1.62%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.87%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.98%. June E-mini S&P futures (ESM26 ) fell -1.62%, and June E-mini Nasdaq futures...

Barchart

Akhilesh Yadav questions Ram Temple Trust clarification on donation row

In a brewing controversy, allegations regarding financial irregularities in the donations for the Ram Temple have surfaced. Akhilesh Yadav, leader of the Samajwadi Party, has raised calls for enhanced transparency, challenging the explanations offered by the temple Trust. Reports indicate that substantial sums in donations are reportedly untraceable. Meanwhile, authorities…

The Economic Times

Broader Market Settles Lower as Chip Stocks Sink

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.26%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.12%. June E-mini S&P futures (ESM26 ) fell -0.36%, and June E-mini Nasdaq futures...

Barchart

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Stocks Erase Early Gains as Chipmakers Turn Lower

The S&P 500 Index ($SPX ) (SPY ) today is down -0.28%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.80%. June E-mini S&P futures (ESM26 ) are down -0.25%, and June E-mini Nasdaq futures...

Barchart

US gasoline stocks hit a five-year low just as World Cup peak driving season starts

There is a huge demand for gasoline as the US hosts the World Cup

The Independent UK

What happened at the INDIA bloc meeting? Pushback against Congress, conciliatory end

The meeting of the INDIA bloc in New Delhi, on Monday, June 8, saw criticism of the Congress from several regional parties, introspection on the alliance’s functioning, and a decision to form a coordination committee and meet once every two months.

Newslaundry

Broader Market Settles Higher as Chipmakers Rally

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.30%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.58%. June E-mini S&P futures (ESM26 ) rose +0.18%, and June E-mini Nasdaq futures...

Barchart

Stocks Rally as Buyers Return After AI-Led Selloff

The S&P 500 Index ($SPX ) (SPY ) today is up +1.01%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.46%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.39%. June E-mini S&P futures (ESM26 ) are up +1.00%, and June E-mini Nasdaq futures...

Barchart

Stocks Push Higher as Chipmakers and AI Companies Rebound

The S&P 500 Index ($SPX ) (SPY ) today is up +0.65%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.59%. June E-mini S&P futures (ESM26 ) are up +0.70%, and June E-mini Nasdaq futures...

Barchart

INDIA bloc meeting: Opposition leaders seek unity, deliberate to redraw strategy

INDIA bloc leaders convened in New Delhi to reinforce unity and strategize against the ruling party. Discussions focused on protecting democratic principles and tackling economic challenges. The meeting aimed to bridge internal differences following recent electoral outcomes. Leaders emphasized collective decision-making to confront national issues. This gathering signals a renewed…

The Economic Times

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The Economic Times

Congress cold, others in Opposition warm to CJP protest at Jantar Mantar

A protest called by the Cockroach Janta Party at Jantar Mantar has exposed deep divisions within the Opposition. While parties like AAP, SP, TMC, Shiv Sena (UBT), and the Left supported the demonstration, the Congress remained sceptical. This split comes as the INDIA bloc prepares for a key meeting. The…

The Economic Times

SpaceX and other mega IPOs may wait years to join the S&P 500

SpaceX and other mega IPO candidates may have to wait years before joining the S&P 500 after S&P Dow Jones Indices retained its profitability requirement for index inclusion. Despite their massive valuations, companies such as SpaceX, OpenAI and Anthropic must demonstrate sustained profits before becoming eligible for the benchmark.

The Economic Times

Fadnavis backs election reforms amid horse-trading row in Maharashtra

Maharashtra Chief Minister Devendra Fadnavis has proposed election reforms. This comes after opposition candidates withdrew from legislative council polls, sparking accusations of horse trading. Fadnavis believes winning over people with affection, not money, is key. He also commented on potential BJP returns and upcoming Rajya Sabha decisions. Several opposition candidates…

Barchart

Stocks Settle Sharply Lower as Tech Companies Routed

The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -2.64%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -4.77%. June E-mini S&P futures (ESM26 ) fell -2.97%, and June E-mini Nasdaq futures...

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AAP

Operator of S&P 500 decides against fast-tracking 'MegaCap' IPOs into its stock indexes

S&P Dow Jones Indices has decided not to change its guidelines for including large "MegaCap" companies in its stock indexes

Barchart

Stock Indexes Plunge as Tech Stocks Get Dumped

The S&P 500 Index ($SPX ) (SPY ) today is down -1.00%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.08%. June E-mini S&P futures (ESM26 ) are down -1.11%, and June E-mini Nasdaq futures...

Barchart

Stocks Tumble on Tech Weakness and Fed Rate Hike Speculation

The S&P 500 Index ($SPX ) (SPY ) today is down -0.90%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.85%. June E-mini S&P futures (ESM26 ) are down -1.07%, and June E-mini Nasdaq futures...

Barchart

Snap Stock Jumps on Credit Rating Upgrade. What to Know.

Snap shares rally as S&P upgrades its credit rating on the company to BB-. But does that warrant buying SNAP stock at current levels? Let’s find out.

The Independent UK

2026 Epsom Derby betting offers and free bets from top UK bookmakers

We rank the top betting offers for Saturday’s Epsom Derby, including free bets, money back promos and extra places

The Economic Times

Nashik Kumbh Mela 2027: Maharashtra government approves Rs 2,267 crore to acquire 191.21 acres of land

The Maharashtra government has allocated Rs 2,267 crore toward acquiring land for the Sadhu Gram initiative. This area will be used for hosting the 2027 Nashik-Trimbakeshwar Kumbh Mela, covering 191.21 acres to accommodate spiritual leaders and various religious organisations. Any misuse of these funds will result in stringent repercussions. The…

The Economic Times

Maharashtra Legislative Council polls: BJP asks Shiv Sena (UBT) to back 'horse-trading' allegations with proof

Navnath Ban, Maharashtra Bharatiya Janata Party spokesperson, has challenged Sanjay Raut of Shiv Sena (UBT) to present proof of horse trading in the upcoming Maharashtra Legislative Council elections. Ban accused Raut of making baseless claims, calling him a "habitual liar" and questioned his party's decision not to field a candidate…

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