News
Important Only
US STOCKS-Wall Street ends narrowly mixed in choppy trade on weak economic data
NEW YORK, June 4 (Reuters) - U.S. stocks ended mixed on Wednesday, with the benchmark S&P 500 flat, the technology-heavy Nasdaq Composite slightly up and the Dow Jones Industrial Average down as weak data revealed the economic toll taken by President Donald Trump's trade policies.Reuters
Thu, Jun 5
Dollar falls after data disappoints; Trump calls for rate cut
US private payrolls post smallest gain in over two years in MayUS service sector unexpectedly contracts in May; inflation heats upTrump says Fed's Powell must lower interest rate Trump to speak this week with China's Xi amid clash over tariff truceBy Saqib Iqbal AhmedReuters
Thu, Jun 5
Japan April real wages slump for fourth month as inflation bites
Japan April real wages fall 1.8%, marking fourth monthly decline The labour ministry says inflation outpaces wage hikes Analysts fear US tariffs could spoil pay hike momentumMajor companies on average agreed to over 5% pay hikes during talks this springBy Satoshi Sugiyama
Reuters
Thu, Jun 5
Disney fails to stop YouTube from hiring veteran Connolly
June 4 (Reuters) - A judge in Los Angeles on Wednesday denied Walt Disney's DIS.N request for a preliminary injunction and a temporary restraining order aimed at preventing long-time executive Justin Connolly from joining Alphabet's GOOGL.O YouTube.
Reuters
Thu, Jun 5
Oil settles 1% lower after US data shows large builds in fuel stocks
US gasoline, distillate stocks post big weekly buildsOPEC+ supply rises weigh on sentimentPersistent tariff tensions stalk market By Arathy Somasekhar HOUSTON, June 4 (Reuters) - Oil prices settled down just over 1% on Wednesday after U.S. data showed surprisingly large build in gasoline and ...Reuters
Wed, Jun 4
German stocks rise on tax relief package approval; Europe's STOXX 600 touches one-week high
Airbus shares rise after report of Chinese aircraft ordersGerman cabinet approves tax relief package to boost economyDAX up 0.8%, STOXX 600 up 0.5%By Medha Singh, Sanchayaita Roy and Ragini Mathur June 4 (Reuters) - European stocks closed higher on Wednesday, buoyed by Berlin's approval of ...Reuters
Wed, Jun 4
PRECIOUS-Gold holds ground as jobs data offsets safe-haven demand
Trump calls China's Xi tough, 'hard to make a deal with'Gold may trade in $3,300-$3,400 range in short term - analystBy Brijesh Patel and Anushree Mukherjee June 4 (Reuters) - Gold prices held steady on Wednesday as stronger U.S. jobs data countered safe-haven demand driven by sim...Reuters
Wed, Jun 4
Fed Lifts Asset Cap on Wells Fargo, Concluding Seven-Year Regulatory Oversight
TradingKey - The Federal Reserve announced on Tuesday that Wells Fargo (WFC) has satisfied all conditions of the 2018 regulatory actions, resulting in the lifting of its asset cap. Following the news, Wells Fargo's stock rose 3% and surged over 10% in after-hours trading.
TradingKey
Wed, Jun 4
Tesla Sees 50% Decline in Europe as Musk’s Political Stance Faces Backlash
TradingKey - On Wednesday, research organization New AutoMotive released preliminary data revealing Tesla's dire situation in the European market. In May of this year, Tesla’s new car sales in the UK saw a dramatic year-on-year decline of over 45%, with only 1,758 vehicles sold compared to 3,244 dur
TradingKey
Wed, Jun 4
Cybersecurity Giant CrowdStrike Misses Q2 Revenue Forecast; Profits Lean on Cost-Cutting, Not Growth Under 'Blue Screen Shadow'
TradingKey - On June 3rd, Eastern Time, cybersecurity company CrowdStrike (CRWD.US) reported earnings for the first quarter of fiscal year 2026 (ending April 30, 2025). It provided revenue guidance for the second quarter, resulting in a 6% drop in its stock price after hours.
TradingKey
Wed, Jun 4
Fed's Inaction Spurs Bessent to Act! U.S. Treasury Executes Record-Breaking Treasury Buyback
TradingKey - On Tuesday, June 3, at 2 p.m. EST, the U.S. Treasury announced the results of its unprecedented $10 billion Treasury buyback. This marks the largest single Treasury buyback operation in history.TradingKey
Wed, Jun 4
Citigroup and Melius Raise Target Prices: Is Broadcom’s AI Business on the Brink of Explosion?
TradingKey - U.S. East Coast time Tuesday, shares of Broadcom (AVGO), the U.S.-listed chipmaker, rose 3.27% to close at $256.85, hitting a new all-time high and surpassing its previous record of $251.88 set in December last year.
TradingKey
Wed, Jun 4
NVIDIA regains title of world's most valuable company! Stock rises 2.8%, AI leader makes triumphant return
TradingKey - On Tuesday, U.S. East Coast time, NVIDIA (NVIDIA.US) shares rose 2.8% to close at $141.22, giving the company a market capitalization of $3.45 trillion and surpassing Microsoft to reclaim the top spot among the world's largest listed companies.
TradingKey
Wed, Jun 4
Japan's Nikkei surges on trade deal hopes lift tech; Toyota Industries slides
TOKYO, June 4 (Reuters) - Japanese stocks snapped a three-session skid on Wednesday after the yen weakened and hopes rose for a potential trade deal that could reopen the technology markets with China.The benchmark Nikkei 225 Index .N225 closed 0.8% higher, while the broader Topix ...Reuters
Wed, Jun 4
Gold steadies as modest US jobs data offsets trade uncertainty
OECD warns of global economic slowdown due to trade warChina tells US to get ties back on "right track"Fed officials cautious on policy outlook amid trade uncertaintyBy Anmol Choubey June 4 (Reuters) - Gold prices steadied on Wednesday as a somewhat strong U.S. jobs data for April offset ...Reuters
Wed, Jun 4
