Daily coverage of equity markets, sectors, and major indices.
In-depth reporting on U.S. and global stock markets, including index performance, sector rotation, earnings reactions, volatility trends, and notable single-stock moves. Designed to help traders and investors understand what is driving price action across equities.
14,510 total articles
The U.S. Department of the Interior reached an agreement to terminate two offshore wind leases managed by Ocean Winds in exchange for $885 million in pledged investments in domestic fossil fuel projects. The move affects Bluepoint Wind off New York and New Jersey and Golden State Wind off California, and follows a similar $1 billion redirect deal w…
A cluster of corporate earnings reports released after the market close produced pronounced moves in several stocks. Sanmina, Bed Bath & Beyond, LendingClub, Nucor and Solaris Energy Infrastructure all rose after beating estimates or showing stronger performance, while Rambus declined following an earnings and revenue shortfall.
U.S. equity markets finished mixed on Monday as gains in Technology, Financials and Utilities were counterbalanced by losses in Telecoms, Consumer Services and Healthcare. The Dow Jones Industrial Average ended lower, while the S&P 500 and Nasdaq Composite registered modest advances. Several large-cap names reached record highs, even as a handful o…
Canadian equities closed lower on Monday, with the S&P/TSX Composite ending the session down 0.25% as losses in Consumer Discretionary, Materials and Consumer Staples weighed on the market. Energy and lithium names were among the top advancers, while gold miners and an aerospace technology firm posted the largest declines. Volatility on S&P/TSX opt…
Brazil's benchmark Bovespa index closed lower on Monday, sliding 0.61% as declines in Real Estate, Consumption and Public Utilities sectors outnumbered gains. Steelmaker USIMINAS and energy company PRIO were among the day’s top advancers, while construction and healthcare names led declines. Commodity prices and currency pairs showed mixed moves du…
U.S. Treasury yields climbed after Monday's auctions for bills and notes drew less demand than expected, rekindling investor concerns about appetite for government debt amid sizable supply and uncertainty over monetary policy. The two- and five-year offerings showed signs of investor caution, while benchmark 10- and 30-year yields rose modestly. Ma…
Owners of FiberCop and Open Fiber, including Italy, KKR and Macquarie, are in discussions over a commercial arrangement aimed at completing nationwide high-speed broadband coverage. Under a government-backed proposal, FiberCop would build in many commercially attractive 'grey' areas while Open Fiber would remain the exclusive full-fibre operator in…
Erasca Inc. (NASDAQ:ERAS) stock dropped 5% in after-hours trading Monday after the company released preliminary Phase 1 dose escalation data for ERAS-0015, a pan-RAS molecular glue. Early results from U.S. and China Phase 1 trials show notable unconfirmed overall response rates in KRAS G12X non-small cell lung cancer and pancreatic cancer at specif…
Activists from the Make America Healthy Again movement gathered outside the U.S. Supreme Court while justices considered Bayer’s appeal aimed at cutting off thousands of lawsuits alleging Roundup causes cancer. Speakers at the rally criticized the Trump administration’s support for Bayer, urged policy changes on pesticides, and highlighted farmer v…
Moody's Ratings reports the fund finance market surpassed $1 trillion this year, fueled by demand from the expanding private credit sector. Originally a liquidity option for early-stage funds, fund finance has become a central backstop for private credit lenders, with growing use of NAV-backed facilities and hybrid structures. Moody's highlights co…
WeRide Corp ADR (NASDAQ:WRD) shares climbed 2.8% Monday after the company and Lenovo unveiled an expanded alliance to deploy 200,000 Level 4 autonomous vehicles worldwide over the next five years. The plan, announced at Auto China 2026, builds on the July 2025 launch of the HPC 3.0 computing platform and seeks to prioritize cost and scalable deploy…
The fund finance market exceeded $1 trillion this year, driven largely by rising activity in private credit, Moody’s Ratings reports. Once a nascent liquidity tool for private funds, fund finance now serves as a key backstop for private credit managers, while NAV facilities and hybrid structures have expanded. Moody’s analysts flagged growing stres…
U.S. equipment financing rose 12.5% year-on-year in March to $10.8 billion, according to the Equipment Leasing and Finance Association (ELFA). The association’s survey of 25 members - including major banks and manufacturer financing units - also showed a 1.8% decline in new loans, leases and lines from February, a 17.7% drop in small-ticket volume,…
Shares of Flowserve Corporation rose sharply on Monday, climbing more than 5% after reports emerged that activist investor Starboard Value has amassed a stake in the industrial manufacturer and is pressing for changes aimed at expanding margins. Company representatives confirmed routine engagement with shareholders but declined to comment on specif…
Rogers Communications is proposing voluntary departure and retirement packages to roughly half of its approximately 25,000 employees, offering staff across multiple divisions the choice to leave with a package or remain. Some categories of workers are ineligible, and the company did not specify a headcount reduction target. Rogers did not immediate…
Absci Corp's stock climbed sharply in early trading after analysts pointed to encouraging mid-to-late stage data from a rival and a sizable estimated market for hair-loss treatments. KeyBanc reiterated a $9 target on Absci and suggested the company's experimental therapy could act as a complement to existing options rather than a direct substitute.
Microsoft will extend its Copilot 365 AI assistant to all of Accenture’s approximately 743,000 employees in the largest enterprise deployment of the chatbot to date. The agreement, whose financial terms were not disclosed, comes as Microsoft pushes multiple AI models to customers and seeks to convert more of its large 365 user base into paid Copilo…
Stocks moved unevenly Monday with notable rallies among semiconductor names including Nvidia (NVDA) and Micron Tech (MU), and steep declines in other large- and small-cap names such as Arm (ARM) and Domino's Pizza Inc (DPZ). The session produced pronounced winners and losers across mega-cap, large-cap, mid-cap and small-cap groups, driven by analys…
On Tuesday, April 28, 2026, market participants will focus on the Conference Board's Consumer Confidence index at 9:00 AM ET, accompanied by a dense schedule of housing, employment, Treasury and energy reports throughout the day. The consumer sentiment print, along with a range of regional Fed gauges, house-price measures and a 7-year Treasury auct…
Saba Capital, led by Boaz Weinstein, is planning a new investment vehicle focused on public and private business development companies (BDCs). The move follows recent tender offer activity in Starwood Real Estate Trust and Blue Owl Capital (Blue Owl II), where Saba acquired $10 million in aggregate face value across 190 trades, with most purchases …
Hunterbrook Capital disclosed a short position in Hamilton Lane, alleging that a significant portion of valuation gains in the firm's Global Private Assets Fund are driven by immediate markups on secondary purchases rather than underlying company appreciation. The short seller also highlighted a 2025 fee structure change and accounting adjustments …
JPMorgan and two Kuwaiti banks have joined HSBC in underwriting a $6 billion loan syndicate to back prospective buyers of a stake in Kuwait Petroleum Corporation’s crude oil pipeline network. The bid process for the asset, valued at about $7 billion, has been delayed amid regional conflict and investor requests for assurances on potential volume di…
President Donald Trump and First Lady Melania Trump publicly urged Disney and ABC to terminate Jimmy Kimmel following a mock White House Correspondents' Dinner sketch that included jokes about the first family. The president labeled the routine a "despicable call to violence," while the first lady described the monologue as "corrosive" and demanded…
Domino's Pizza shares plunged after the company reported U.S. same-store sales growth that fell short of Street estimates and reduced its annual domestic sales forecast. CEO Russell Weiner cautioned that winter weather, softer consumer sentiment linked to rising fuel prices and heightened promotional activity across rivals may lead to similar chall…
Royal Bank of Canada has recruited three senior traders to strengthen its credit trading platform. The hires establish new leadership for single-name credit-default swaps, electronic trading strategy for US credit, and add a director in high-yield trading. Two of the appointees will be based in New York and several will join in June.
