News

Oil prices headed for weekly gains on renewed Middle East supply concerns, while SK Hynix debuted on Nasdaq, Micron stayed in focus, and Volkswagen unveiled its restructuring plan.

Gold and silver slipped as the US dollar strengthened, while Bitcoin, EUR/USD, and AUD/USD remained under pressure ahead of the Federal Reserve minutes.

US stock markets are closed on July 3 for the Independence Day holiday, while oil prices stabilize, Asian stocks advance, and central banks continue boosting gold reserves.

The S&P 500 tested 7,500, WTI crude held near $70, gold defended $4,000, and Bitcoin remained under pressure as traders watched key technical levels.

The SP 500’s CAPE ratio has climbed above 40 for only the second time in a century, while oil and aluminum prices fall as recovering supply reshapes market expectations.

Apple’s price hikes and a global AI-driven memory chip shortage weighed on tech stocks, while Asian markets and oil prices also declined amid renewed investor caution.

Brent crude climbed above $80 a barrel as oil shipments resumed through the Strait of Hormuz. Investors remain cautious amid ongoing geopolitical risks and uncertainty over the pace of supply recovery.

U.S. stock futures climbed ahead of SpaceX’s record-breaking $75 billion IPO, while easing U.S.-Iran tensions pushed oil prices to two-month lows and boosted global markets.

Bitcoin approaches a key support zone as demand weakens, while analysts see long-term growth potential for Solana. Meanwhile, Ripple gains institutional momentum after joining Mastercard’s new AI-powered payments network.

Global markets turned lower after the U.S. launched strikes against Iran. Dow, S&P 500 and Nasdaq futures fell, oil prices remained volatile, Japan’s inflation hit a three-year high, and Bitcoin stayed under pressure amid growing geopolitical uncertainty.

U.S. stock futures fell Thursday as doubts over President Trump’s ability to end the Iran war rattled Wall Street. Meanwhile, SpaceX confirmed a record $75 billion IPO, and investors await key jobs data.

The U.S. dollar traded near 99 as investors awaited key jobs data and monitored Middle East tensions. Meanwhile, Nvidia unveiled a new AI-focused PC chip, and Japan’s Nikkei surged above 67,000 for the first time as AI-related stocks continued to rally.