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US STOCKS-Wall St ends sharply higher, S&P 500 nears record high as Middle East tensions cool
Fed Chair Powell reiterates "wait and see" approach to rate cuts, tariffsUS airlines rise on hopes of end to Israel-Iran conflictBroadcom hits record peak after brokerage upgrades By Stephen Culp NEW YORK, June 24 (Reuters) - U.S. stocks rallied more than 1% on Tuesday as investors welcom...Reuters
Tue, Jun 24
EMERGING MARKETS-Latam FX, stocks recover as Israel-Iran ceasefire boosts sentiment
MSCI Latam FX up 0.4%, stocks soar 1.6%Dollar, oil dip on Israel-Iran ceasefire Mexican headline inflation rises in June Brazil signals potential rate hike pauseBy Purvi Agarwal, Ragini Mathur and Pranav Kashyap June 24 (Reuters) - Latin American currencies and stocks rebounced on Tuesday, bu...Reuters
Tue, Jun 24
Why Lockheed Martin Stock Stumbled Today
Stock markets rallied Tuesday as a ceasefire between Israel and Iran appeared to be holding, just a couple of days after conflict seemed set to expand after a U.S. attack on an Iranian uranium enrichment site. In a social media post Tuesday morning, President Donald Trump said that "ISRAEL is not go...The Motley Fool
Tue, Jun 24
Why Taiwan Semiconductor Manufacturing Stock Is Jumping Today
Taiwan Semiconductor Manufacturing (NYSE: TSM) stock is moving higher Tuesday. The semiconductor fabrication leader's share price was up 4.7% as of 3:15 p.m. ET. At the same point in the day, the S&P 500 (SNPINDEX: ^GSPC) was up 1.2%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was up 1.5%.TSMC is...The Motley Fool
Tue, Jun 24
Abbott and Dexcom rise after Kennedy says HHS to launch campaign on wearables
** Shares of continuous glucose-monitoring device makers Abbott ABTN and Dexcom DXCM.O rise after U.S. Health Secretary Robert F. Kennedy Jr. stated, "We're about to launch one of the biggest advertising campaigns in HHS (Health and Human Services) history to encourage Americans to use weara...Reuters
Tue, Jun 24
KalVista falls as Endpoints News reports FDA commissioner sought rejection of drug
** Shares of drug developer KalVista Pharmaceuticals KALV.O fall 5.8% to $11.24 ** Endpoints News reports that "FDA Commissioner Marty Makary was behind a short-lived request last week to reject a rare disease drug application from KalVista Pharmaceuticals" citing multiple agency sources** &...Reuters
Tue, Jun 24
US STOCKS-Wall St rallies, S&P 500 nears record high as Middle East tensions cool
Indexes up: Dow 1.21%, S&P 500 1.19%, Nasdaq 1.56%FedEx rises ahead of quarterly resultsFed Chair Powell reiterates "wait and see" approach to ratesUS airlines rise on hopes of end to Israel-Iran conflictBroadcom hits record peak after brokerage upgrades By Stephen Culp NEW YORK, June...Reuters
Tue, Jun 24
Why Plug Power Popped Today
The stock of Plug Power (NASDAQ: PLUG), maker of hydrogen fuel cells and the hydrogen to fuel them, jumped 5.5% through 12:45 p.m. ET Tuesday after announcing what was -- honestly -- some pretty ho-hum news. In a press release out this morning, Plug confirmed plans to participate in a pair of immine...The Motley Fool
Tue, Jun 24
Why Navitas Semiconductor Stock Is Soaring Today
Navitas Semiconductor (NASDAQ: NVTS) stock is seeing big gains in Tuesday's trading. The company's share price was up 8.4% as of 1:30 p.m. ET amid a 1% gain for the S&P 500 index (SNPINDEX: ^GSPC) and a 1.4% jump for the Nasdaq Composite (NASDAQINDEX: ^IXIC).The company's valuation is surging today ...The Motley Fool
Tue, Jun 24
Capricor says US FDA may not convene expert panel for co's cell therapy
By Mariam Sunny June 24 (Reuters) - Capricor Therapeutics CAPR.O said on Tuesday the U.S. Food and Drug Administration has indicated that an advisory panel review may not be required for the company's cell therapy for a heart condition associated with Duchenne muscular dystrophy.The agency ha...Reuters
Tue, Jun 24
Why Broadcom Was Moving Higher Today
Shares of Broadcom (NASDAQ: AVGO) rallied 4.2% on Tuesday, as of 1 p.m. ET.Semiconductors were broadly higher, based on new data that confirmed strong growth in the sector. In addition, one Wall Street sell-side analyst wrote a very positive note on Broadcom specifically, and the outlook for its cus...The Motley Fool
Tue, Jun 24
U.S. STOCKS ON THE MOVE-FedEx, Galaxy Digital, Cheniere Energy
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock indexes rose on Tuesday as President Donald Trump's announcement of a ceasefire between Israel and Iran helped calm investor fears of a broader conflict in the oil-rich Middle...Reuters
Tue, Jun 24
BlackRock rolls out Texas ETF as Lone Star State draws capital, companies
By Manya Saini June 24 (Reuters) - BlackRock BLK.N on Tuesday launched a Texas-focused exchange-traded fund TEXN.O, as the asset manager aims to tap into the state's growing reputation as a magnet for companies, capital and jobs in the United States.The Lone Star State's low taxes, busine...Reuters
Tue, Jun 24
LIVE MARKETS-The most expensive cities for necessities to niceties
Wall St rallies: Nasdaq up 1.5%; S&P 500, Dow add >1%Tech leads S&P 500 sector gainers; energy only loserDollar dips, gold off >1%, U.S. crude off >5%, bitcoin up >2%U.S. 10-year Treasury yield falls to ~4.29%Welcome to the home for real-time coverage of markets brought to you by...Reuters
Tue, Jun 24
Why AMD Stock Is Surging Today
Advanced Micro Devices (NASDAQ: AMD) stock is seeing another day of gains in Tuesday's trading. The semiconductor company's share price was up 6.1% as of 1 p.m. ET. Meanwhile, the S&P 500 index was up 1%, and the Nasdaq Composite index was up 1.5%.AMD's valuation is moving higher today following an ...The Motley Fool
Tue, Jun 24
Investment groups call for exemption of passive income from US tax bill
By Carolina Mandl NEW YORK, June 24 (Reuters) - Six investment groups representing sectors including fund managers, venture capital and real estate in a letter to two Senate Republicans over the tax and spending bill now under debate asked that passive investments be exempt from a provision of th...Reuters
Tue, Jun 24
Why Shares in Advanced Auto Parts Crashed Today
Shares in auto parts retailer Advance Auto Parts (NYSE: AAP) were lower by more than 8% as of 11 a.m. today. The move came after Goldman Sachs downgraded the stock from neutral to a sell, amid concerns that it was losing market share to competitors. In addition, the Goldman Sachs analyst believes th...The Motley Fool
Tue, Jun 24
If I Could Buy Only 1 Warren Buffett Stock Over the Next 10 Years, Pool Corp. Would Be It. Here's the Key Reason.
Warren Buffett is not known for buying the most exciting businesses out there, but he is known for making some of the best investments. It's a thought to bear in mind when considering investing in Pool Corp. (NASDAQ: POOL), one of Berkshire Hathaway's holdings.Here's why.Where to invest $1,000 right...The Motley Fool
Tue, Jun 24
LIVE MARKETS-After strong gains, can industrials keep going?
Wall St rallies: Nasdaq up 1.5%; S&P 500, Dow add ~1%Tech leads S&P 500 sector gainers; energy only loserDollar dips, gold off >1%, U.S. crude off ~6%, bitcoin up ~2%U.S. 10-year Treasury yield falls to ~4.29%Welcome to the home for real-time coverage of markets brought to you by Reuters ...Reuters
Tue, Jun 24
Cheniere Energy rises as board approves Corpus Christi LNG expansion project
** Shares of U.S. LNG exporter Cheniere Energy LNG.N rise 2.3% to $237.92 ** Co says board has approved the final investment decision for the expansion of the Corpus Christi liquefied natural gas project** LNG says Bechtel Energy has been asked to proceed with construction of the projects, CCL Midsc...Reuters
Tue, Jun 24
