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Nasdaq Falls 0.97% as Chip Rally Fizzles, June 10
Nasdaq Composite falls 0.97% to 25,678.82 as chip stocks retreat. S&P 500 down 0.26%. Oil prices drop on Middle East ceasefire hopes.
Swiss Hydrogen Stations Close as Agrola Exits Market, June 10
Agrola closes three hydrogen stations by end of 2026, signaling challenges for hydrogen vehicle adoption in Switzerland.
Oil Reserves Depleting as Hormuz Blockade Persists, June 10
Iran war threatens oil supplies as Strait of Hormuz blockade persists. Brent crude near $100/barrel with risk of price shock in H2 2026.
Global Market Update: S&P 500 Futures Fall 0.2%, Hang Seng Futures Drop 0.7%, Topix Slides 0.3%
The Global Market opened with a cautious tone as investors reacted to renewed geopolitical tensions, rising oil prices, and uncertainty ahead of key inflation data from the United States. Early trading showed S&P 500 Futures down 0.2%, Hang Seng Futures lower by 0.7%, and Japan’s Topix index slipping 0.3%, indicating a softer start across major…
Bank of Canada Signals No Quick Fix for Housing Market, June 09
Bank of Canada maintains steady housing policy as debt-stressed households face mortgage renewal challenges and refinancing pressures.
S&P 500 Falls 0.26% as Chip Rebound Fizzles, June 10
S&P 500 drops 0.26% to 7,386.65 on June 9 as chip stocks fade and Middle East tensions rise. Nasdaq falls 0.97%. Dow gains 0.17%.
Nasdaq Falls 0.97% as Chip Rally Fades, June 10
Nasdaq Composite fell 0.97% to 25,678.82 on June 9 as chip stocks retreated. Meyka rates it C+ with a 12-month target of $22,613.65.
Iran War Costs UK Economy £25 Billion in Added Expenses, June 10
Iran war adds £25 billion in costs for UK and global firms as energy prices surge and supply chains face disruption.
S&P 500 Falls 0.26% as Chip Rally Fizzles, June 10
S&P 500 fell 0.26% to 7,386.65 on June 8 as chip stocks lost momentum. Nasdaq dropped 0.97%. Oil prices fell 3.4% on Middle East ceasefire hopes.