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The Latest Breaking News on Markets

Dow Jones Falls On Debt-Ceiling Deal; Nvidia Surges To $1 Trillion Market Cap

The Dow Jones dropped Tuesday after the debt ceiling deal. Nvidia surged, hitting the $1 trillion market capitalization for the first time.

Investors Business Daily

Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt

Asian shares are mostly higher after President Joe Biden and House Speaker Kevin McCarthy reached a final agreement on a deal to raise the U.S. national debt ceiling

The Independent UK

PwC stands down nine partners, chairman exits over tax scandal, ASX gains on US debt ceiling deal optimism — as it happened

After posting a weekly fall, the Australian share market has jumped at the start of trading, ahead of inflation data and the RBA governor speaking this week. Look back on the day's events and insights from our business reporters on the ABC News markets blog.

ABC News

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OR prepares for oil price volatility later this year

PTT Oil and Retail Business Plc (OR) is bracing for possible challenges caused by oil price fluctuations and a global economic slowdown that could affect the company in the second half of this year.

Bangkok Post

Dow Jones Futures Fall, Techs Jump After Debt-Ceiling Deal; Nvidia, Tesla Rise On News

Tech futures umped up after a debt-ceiling deal. Tesla CEO Elon Musk is in China. Nvidia unveiled new AI offerings.

Investors Business Daily

Dow Jones Rises Ahead Of Memorial Day As Debt Deal, Rate Hike Loom; Tesla Rival Faces Delisting

Dow Jones rises as McCarthy and Biden near deal on debt ceiling; Ford rose on new Tesla partnership; Nikola faces delisting.

Investors Business Daily

Dow Jones Soars 300 Points Despite Sticky Inflation. Marvell Technology Vaults 25% On Bullish AI Forecast.

The Dow Jones traded higher along with the other major stock indexes even as inflation heated up in April. MRVL and WDAY surged on earnings.

Investors Business Daily

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Dow Jones Rallies 375 Points After Hot Inflation Data; Ulta Beauty Dives On Sales Miss

The Dow Jones Industrial Average rallied 375 points Friday on hot inflation data. Ulta Beauty stock dived after missing sales estimates.

Investors Business Daily

Mike Cannon-Brookes wins control of Sun Cable project over Andrew 'Twiggy' Forrest, ASX suffers worst weekly performance in two months — as it happened

Billionaire Mike Cannon-Brookes has claimed control of the controversial Sun Cable solar export project in the Northern Territory, while NSW and Victoria enter a "retail recession" according to analysts. Look back on the day's financial news and events as they happened with our blog.

ABC News

Dow Jones Futures Rise On Debt-Ceiling Buzz; Nvidia, Chip, AI Plays Soar, But Market Breadth Terrible

The Nasdaq jumped as Nvidia skyrocketed on an AI boom. But market breadth was terrible. Workday was a big winner late.

Investors Business Daily

Stock Market Strengthens As Nvidia Props Up Nasdaq; Chip Stocks Ride The Wave

Nvidia leads the day and lifts Taiwan Semiconductor and Axcelis. KLA stock breaks out.

Investors Business Daily

Stock market today: World shares decline on worries over US debt; Germany slips into recession

Shares are mostly lower in Europe and Asia as investors watch for signs of progress on a deal to avert a default on U.S. government debt

The Independent UK

Russia's Novak does not expect new steps from OPEC+ meeting

Russian Deputy Prime Minister Alexander Novak said on Thursday he expected no new steps from the OPEC+ group of oil producers at its meeting in Vienna on June 4, Russian media reported, after the group announced a significant output cut earlier this year.

Reuters

Stock Market Closes Down In Afternoon Trading. Payment Stocks Fall Below Key Level.

The stock market closed in the red but up from the lows of the day. Many retail stocks climbed. Visa stock sold off and is below a key level.

Investors Business Daily

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Investors Business Daily

Dow Jones Drops On McCarthy, Yellen Comments; Tesla Rival Falls On China Demand

The Dow Jones fell on debt ceiling jitters. Minutes of the Fed meeting are on watch. Tesla rival Xpeng fell on slow demand and rising competition

Investors Business Daily

Dow Jones Falls 225 Points Ahead Of Fed Minutes; Kohl's Soars 15% On Surprise Profit

The Dow Jones Industrial Average fell 225 points Wednesday ahead of the Fed minutes from the latest policy meeting. Retailer Kohl's soared 15% on a surprise profit.

Investors Business Daily

Dow Jones Futures Fall As Market Rally Retreats Amid Debt-Ceiling Drama; Nvidia Earnings Due

The stock market retreated Tuesday, with many leaders slammed as debt-ceiling talks continue. Nvidia earnings loom large.

Investors Business Daily

Stock Market Losses Widen; Visa Tumble Hurts Dow Jones Average

Stock market losses grew in afternoon trading Tuesday as investors digested retail earnings, debt-ceiling talks and a megadeal in the tech sector.

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Investors Business Daily

Dow Jones Falls 150 Points After Biden-McCarthy Meeting; Lowe's Rallies On Earnings

The Dow Jones fell Tuesday after President Biden and House Speaker Kevin McCarthy failed to reach a deal at their debt ceiling meeting.

ABC News

TWU demands Qantas pay back $2.7 billion pandemic relief as airline sees record annual profit, ASX edges lower on US debt talks — as it happened

The Transport Workers Union is calling on Qantas to repay $2.7 billion in government handouts it got during the COVID-19 pandemic as the airline forecasts what the union calls an "obscene" record annual profit. And the Australian share market runs out of steam as US debt ceiling talks drag on.

Investors Business Daily

Dow Jones Futures Fall As Biden, McCarthy Fail To Reach Debt Ceiling Deal; Tesla Stock Has New Buy Point

Dow Jones futures were lower early Tuesday after the Biden-McCarthy debt ceiling meeting. Tesla stock has a new buy point.

Investors Business Daily

S&P 500: Tesla Among Stock Winners Monday; Nike, Micron Slide

Match Group and Pfizer led mostly beaten down S&P 500 stocks rebounding Monday, but Tesla also rallied. Nike and Micron were key losers.

Investors Business Daily

Dow Jones Falls As McCarthy Urges Biden To Beat This Addiction; DraftKings Pops On Upgrade As Apple Dips

The Dow Jones dipped as House Speaker Kevin McCarthy issued a challenge to President Joe Biden. DraftKings soared. Apple stock dipped after a downgrade.

Investors Business Daily

Stock Market Awaits Biden-McCarthy Debt-Ceiling Standoff; DraftKings At A 52-Week High; MercadoLibre Breaks Out

The stock market showed mixed results. Footwear stock takes another hit on target price cuts. Zoom Video reports earnings after the bell.

Investors Business Daily

Dow Jones Falls Ahead Of Biden-McCarthy Debt Ceiling Meeting; Apple Slides On Downgrade

The Dow Jones Industrial Average fell Monday ahead of a meeting between President Biden and Kevin McCarthy, as debt ceiling talks nearly fell apart.

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