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.
8,955 total articles
Estée Lauder Companies shares fell more than 2% in premarket trading after reports indicated the company is making progress in discussions on a potential business combination with Puig Brands SA. Both firms confirmed late last month that talks were underway but did not disclose any terms. Sources say the proposal would be chiefly stock-based, could…
Morgan Stanley downgraded Deutsche Lufthansa AG to "equal-weight" from "overweight", pointing to less attractive fuel hedging and weaker earnings prospects versus peers as jet fuel costs climb. The bank raised its fuel price assumptions and reduced Lufthansa's 2026 EBITDA estimate sharply, while also trimming sector-wide profitability forecasts ami…
Indonesia's benchmark IDX Composite closed lower on Thursday, sliding 1.62% as declines concentrated in Infrastructure, Financials and Agriculture stocks. Market breadth favored decliners, while select small- and mid-cap names posted large intraday gains and losses. Crude oil and Brent prices jumped sharply, gold futures fell, and rupiah crosses mo…
TotalEnergies and Masdar have created a $2.2 billion joint venture headquartered in Abu Dhabi to consolidate their onshore renewable energy activities across nine countries in Asia. The 50-50 venture will act as the exclusive vehicle for developing and operating onshore solar, wind and battery-storage projects in markets including Azerbaijan, South…
SSE Plc narrowed its adjusted full-year earnings-per-share guidance to 147-152 pence, moving toward the top of its previous 144-152 pence range, as network capital spending climbed roughly 60% year-on-year to around £3.5 billion. The company expects adjusted net debt and hybrid capital to finish the year just above £10 billion and said project deli…
Futures for major U.S. equity benchmarks fell sharply after the President indicated U.S. military operations against Iran would be intensified over the next two to three weeks. The remarks, coming a day after he said U.S. forces would be "out of Iran pretty quickly," chilled hopes of a near-term resolution, sending crude prices up roughly 6% and pr…
European equity benchmarks opened lower after U.S. President Donald Trump signaled a campaign of intensified military action against Iran, quashing hopes of an imminent ceasefire. The announcement pushed Brent crude sharply higher, rekindling fears of a prolonged disruption to supplies through the Strait of Hormuz. Energy companies and airlines reg…
Japan's equity market finished lower after trading, with the Nikkei 225 down 2.40% as weakness in Paper & Pulp, Transport and Communication stocks dragged the index lower. Decliners outnumbered advancers by a wide margin, while the Nikkei Volatility index plunged to a one-month low. Energy and precious metals futures moved sharply, and currency mar…
Jefferies upgraded Redeia from Hold to Buy and raised its price target to €16.50 from €15.80, arguing that the Spanish grid operator's share price already discounts most regulatory and operational headwinds and that RAB growth should accelerate beyond 2029. The broker projects modest near-term earnings growth followed by higher growth across 2025-3…
Goldman Sachs lowered its rating on Akzo Nobel NV to Neutral from Buy and reduced its 12-month price target to €54 from €71, citing a tightening earnings outlook driven by rising raw material costs and persistent weakness in demand. The broker cut adjusted EBITDA and EPS forecasts across FY26-FY28 and flagged the company’s limited inventory buffer …
Taiwan's benchmark closed lower, sliding 2.45% to a one-month low as declines in plastics and electronic parts/components pressured the market. A handful of smaller industrial and plastics names posted double-digit percentage gains, while materials, PCB and memory-related names recorded steep losses. Crude and Brent oil jumped sharply, while gold f…
Australian equities closed lower Thursday, with the S&P/ASX 200 shedding 1.06% in Sydney. Weakness in IT, gold and metals & mining stocks weighed on the market as the VIX gauge rose and commodity prices diverged, with gold falling and oil rallying. Decliners outnumbered advancers by a wide margin across the exchange.
Morgan Stanley has singled out five Japanese IT and software companies that it views as well positioned to capture demand tied to corporate digital transformation and enterprise technology spending. The firm assigns Overweight ratings across the group and projects multi-year EBITDA compound annual growth driven by platform services, security offeri…
Shares of major Chinese pork producers outperformed a wider market selloff after Beijing indicated it will proceed with a second substantial round of frozen pork reserve purchases this year. The policy move is aimed at supporting pork prices and farm margins while providing immediate revenue to producers and processors amid persistent oversupply pr…
Singapore prosecutors have charged an additional individual in a fraud case involving false representations to U.S. server supplier Dell Technologies. The charge links the newly accused to two others previously charged in 2024 over claims that servers supplied to Singapore firms would end up with a specified end-user. Authorities have noted that th…
Australia announced a package of restrictions on gambling advertising that bans celebrity-fronted promotions, limits online ads to logged-in users over 18, caps ad frequency during daytime hours and bans branding at sports venues. The measures, to take effect in 2027, stop short of the total online-ad ban recommended by an earlier government inquir…
Shares of Mitsubishi Heavy Industries rose on Thursday following the successful launch of NASA’s Artemis II mission on Wednesday. The company’s involvement through JAXA in developing the H3 rocket and HTV cargo craft ties it to the mission. Other Japanese firms with Artemis exposure also posted gains.
Asian equities reversed earlier gains on Thursday after U.S. President Donald Trump warned of intensified military action against Iran over the next two to three weeks. South Korea's KOSPI posted the largest drop in the region, while major Japanese indexes and a range of other Asian markets fell as oil prices spiked and S&P 500 futures slipped.
South Korea's consumer price index rose 2.2% year-on-year in March, up from 2.0% in February. The increase, driven by higher oil prices and shipping costs related to disruptions from the Iran war, exceeded the central bank's inflation target but fell short of analyst forecasts. Monthly inflation advanced 0.3% in March, and core inflation also rose …
The U.S. administration is preparing to levy 100% tariffs on certain imported pharmaceuticals, according to people familiar with the matter. The duties are expected to be announced as soon as Thursday and will target companies that have not negotiated agreements with the White House to increase onshore manufacturing. Tariff levels will be capped fo…
Vietnam is projected to remain one of Asia’s fastest-growing economies after India through 2028, driven by export demand and a major push into infrastructure. S&P Global Ratings warns that the government’s increased public spending to fund these projects could widen fiscal deficits and reduce current account surpluses, presenting risks to sovereign…
U.S. President Donald Trump said in a televised address that U.S. forces have nearly achieved their objectives in the Iran conflict and that the war would soon be ending, while noting additional strikes could occur over the next two to three weeks. Financial markets moved quickly: equities fell, the dollar firmed and crude oil climbed. Investors an…
Global equities ticked up and the U.S. dollar softened while oil prices eased as investors awaited a primetime address from U.S. President Donald Trump that could signal an end to the month-long U.S.-Israel war with Iran. Markets have rallied in the past two sessions after a volatile March driven by surging energy costs, but analysts say uncertaint…
U.S. stock-index futures were little changed on Wednesday evening as traders awaited a primetime address from President Donald Trump on developments in the Iran conflict. Markets had posted a two-day advance fueled by optimism over a possible ceasefire and selective buying in tech shares, while conflicting statements from Tehran and volatile oil mo…
U.S. officials are preparing to announce tariffs on pharmaceutical companies that have not struck deals to guarantee lower prices domestically, with a potential 100% tariff on imported branded and patented medicines. Some multinational drugmakers have negotiated exemptions by committing to pricing arrangements and U.S. investment, while others have…
