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The Latest Breaking News from University of Michigan

Dollar Finds Support on Higher T-Note Yields

The dollar index (DXY00 ) rose by +0.04% on Friday. The dollar recovered from a 6-week low on Friday and posted modest gains as higher T-note yields strengthened the dollar’s interest rate differentials. The dollar also found support on stronger-than-expected US economic news, including the Q2 employment cost index, the...

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Stocks Turn Mixed as Bond Yields Jump

The S&P 500 Index ($SPX ) (SPY ) today is down -0.02%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.24%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.17%. September E-mini S&P futures (ESU26 ) are down -0.02%, and September E-mini Nasdaq futures...

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Dollar Gains on Strength in US Economic Reports and Hawkish Logan

The dollar index (DXY00 ) is up by +0.46% today. The dollar is moving higher today, rebounding from Thursday's 6-week low. Higher T-note yields today have strengthened the dollar's interest rate differentials. T-note yields rose today on stronger-than-expected US economic news, including the Q2 employment cost index, the Jul MNI...

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Stocks Pressured by Global Slide in Chipmakers

The S&P 500 Index ($SPX ) (SPY ) today is down -0.87%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.76%. September E-mini S&P futures (ESU26 ) are down -0.87%, and September E-mini Nasdaq futures...

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US consumer sentiment highest since February on brief oil price dip

US consumer sentiment saw a temporary boost from lower oil prices in July. This positive trend may reverse as Middle East hostilities have resumed. Fighting has caused oil prices to rise again, impacting consumer outlook. Gasoline prices remain significantly higher than last year, affecting the economy. Consumers express frustration with…

The Economic Times

Dollar Finds Support from Weak Stocks and Surging Crude Prices

The dollar index (DXY00 ) is up by +0.03% today. The dollar found support from today's +3% jump in WTI crude oil prices, which raises inflation expectations and could prompt the Fed to pursue tighter monetary policy, a supportive factor for the dollar. Today's US economic news was mixed for...

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'No Americans qualified': University of Michigan faces heat over $75,000 H-1B techie roles; critics question hiring of foreign workers

H1-B row: The University of Michigan has sparked an online storm over H-1B visa job postings for tech roles. Independent journalist Chris Brunet shared notices for Intermediate Software Developer and Database Administrator positions, drawing criticism that qualified American workers might be overlooked. This reignites national debates on hiring priorities at…

The Economic Times

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Stock Indexes Finish Lower as Chipmakers Sell Off

The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -0.05%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.09%. September E-mini S&P futures (ESU26 ) fell -0.12%, and September E-mini Nasdaq futures...

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Dollar Slips as Lower Crude Prices Ease Rate-Hike Concerns

The dollar index (DXY00 ) on Friday fell by -0.07%. The dollar moved lower on Friday amid weakness in crude oil prices. WTI crude oil fell more than 3% on Friday to a 4-month low, easing inflation expectations and potentially persuading the Fed to ease monetary policy, a negative factor...

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Stock Indexes Slip as Chipmakers Retreat

The S&P 500 Index ($SPX ) (SPY ) today is down -0.07%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.75%. September E-mini S&P futures (ESU26 ) are down -0.05%, and September E-mini Nasdaq futures...

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Dollar Weakens with Crude Oil Prices

The dollar index (DXY00 ) today is down by -0.32%. The dollar is sliding today amid weakness in crude oil prices. WTI crude oil is down more than 3% today, easing inflation expectations and potentially persuading the Fed to ease monetary policy, a negative factor for the dollar. Losses in...

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Stock Index Futures Slip as Chip Selloff Resumes, Fed Speak on Tap

September S&P 500 E-Mini futures (ESU26) are down -0.51%, and September Nasdaq 100 E-Mini futures (NQU26) are down -1.18% this morning as renewed selling pressure hit the tech sector, with chipmakers leading the declines.

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Stocks Rally on Hopes for a Near-term US-Iran Interim Peace Agreement

The S&P 500 Index ($SPX ) (SPY ) on Friday rose +0.50%, the Dow Jones Industrial Average ($DOWI ) (DIA ) rose +0.70%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) rose +0.64%. June E-mini S&P futures (ESM26 ) rose +0.65%, and June E-mini Nasdaq futures (NQM26 ) rose...

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"Eight Conspirators … Threatened University of Michigan Officials, Businesses, and the Jewish Federation"

From a Justice Department press release Wednesday: "… In the dead of night, masked and hooded defendants allegedly threw noxious… The post "Eight Conspirators … Threatened University of Michigan Officials, Businesses, and the Jewish Federation" appeared first on Reason.com.

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Dollar Little Changed as Markets Assess Odds for US-Iran Peace Deal

The dollar index (DXY00 ) ended the day little changed on Friday. The dollar saw support from Friday’s +2.2 bp rise in the 10-year T-note yield, which supported the dollar’s interest rate differentials. However, there was some downward pressure from reduced safe-haven demand on hopes for a near-term US-Iran agreement...

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Stocks See Support from Hopes for a Near-term US-Iran Peace Agreement

The S&P 500 Index ($SPX ) (SPY ) is up +0.58%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.91%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.64%. June E-mini S&P futures (ESM26 ) are up +0.70%, and June E-mini Nasdaq futures (NQM26...

Barchart

Dollar Sees Support From Higher T-note Yields

The dollar index (DXY00 ) is up +0.03% on support from today’s +3.8 bp rise in the 10-year T-note yield, which supported the dollar’s interest rate differentials. However, there was some downward pressure from reduced safe-haven demand on hopes for a near-term US-Iran agreement to end military hostilities and reopen...

Barchart

S&P Futures Climb as U.S.-Iran Peace Deal Nears, SpaceX Debut in Focus

June S&P 500 E-Mini futures (ESM26) are up +0.46% this morning, extending yesterday’s gains as fresh signs emerged that the U.S. and Iran are moving closer to a peace deal.

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The Guardian - US

Pro-Palestinian activists accused of intimidation campaign against University of Michigan officials

Federal prosecutors unsealed indictment against activists trying to force the school to cut financial ties to Israel

The Independent UK

Feds charge 8 pro-Palestinian activists with conspiring to intimidate U of Michigan officials

Federal prosecutors have unsealed an indictment against eight pro-Palestinian activists who are accused of conspiring to run a criminal intimidation campaign against University of Michigan officials while trying to force the school to cut financial ties to Israel

We Got This Covered

Donald Trump’s economic adviser says that Americans spending more on gas and groceries is a sign they are ‘optimistic about the future’

A different read on the data.

The Independent UK

The peony pilgrimage has begun: Historic garden draws thousands with its spectacular blooms

The garden proudly hosts one of North America's, and likely the world's, largest collections of historic herbaceous peonies

International Business Times UK

Trump's Top Economic Adviser Tells Americans Spending More on Everything Is a Sign They're 'Hopeful For the Future'

Kevin Hassett says higher spending on essentials signals optimism, but data shows record-low consumer sentiment and growing financial worries amid rising fuel costs.

Barchart

Stocks Set to Open Higher as U.S.-Iran Peace Hopes Hold, PCE Inflation Data and Fed Speak Awaited

June S&P 500 E-Mini futures (ESM26) are up +0.67%, and June Nasdaq 100 E-Mini futures (NQM26) are up +1.03% this morning as investors remained hopeful that the latest U.S. strikes on Iran would not derail talks to end the Middle East conflict.

The Independent UK

Former elite college soccer player who beat his brother to death with golf clubs found dead in his prison cell, report says

A judge ruled in March that Matthew Hertgen was legally insane at the time of his brother's 2025 killing

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