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LIVE MARKETS- Wall Street ends the week on an optimistic tone
Main US indexes end up >1%; Nasdaq out front, up 1.2%All S&P sectors end green; Energy leadsDollar rallies; crude adds ~2%; bitcoin up ~4%; gold off 1.3%US 10-Year Treasury yield jumps to ~4.51%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can ...Reuters
Fri, Jun 6
TRADING DAY-Markets rise above the fray
ORLANDO, Florida, June 6 (Reuters) - - TRADING DAYMaking sense of the forces driving global marketsBy Jamie McGeever, Markets Columnist For all that the uncertainty around Washington's global tariff war and worrisome U.S. fiscal outlook continue to unnerve investors, not to ...Reuters
Fri, Jun 6
US STOCKS-US stocks end up on jobs data, China hopes; Tesla bounces
Indexes up: Dow 1.05%, S&P 500 1.03%, Nasdaq 1.20%Non-farm payrolls increased by 139,000 jobs in May US officials to meet Chinese officials on trade June 9Tesla bounces after massive plunge on Thursday Lululemon sinks on lowering annual profit forecastBy Saeed Azhar, Kanchana Chakravarty and Suk...Reuters
Fri, Jun 6
DIARY-Federal Reserve Events
***Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2025June 17-18 (second day: statement released 1400 EDT/1800 GMT; news conference expected 1430 EDT/1830 GMT)July 29-30 (second day: statement released 1400 EDT/18...Reuters
Fri, Jun 6
Why Shopify Stock Popped Today
Shares of North America's leading commerce enabler, Shopify (NASDAQ: SHOP), were 6% higher as of 3:30 p.m. ET Friday, according to data provided by S&P Global Market Intelligence.This rise stems from an analyst at Wells Fargo raising their price target on the stock from $107 to $125, naming Shopify ...The Motley Fool
Fri, Jun 6
EMERGING MARKETS-Latam currencies on track to end week on strong note
Latam FX, stocks up 0.4% eachBrazil's government to back bill cutting tax breaks by 10%, sources sayChile's annual inflation remains above central bank targetRussia's central bank cuts rate in surprise move, rouble slumpsBy Nikhil Sharma and Pranav Kashyap June 6 (Reuters) - Latin Ame...Reuters
Fri, Jun 6
US STOCKS-US stocks end up on jobs data, China hopes; Tesla bounces
Non-farm payrolls increased by 139,000 jobs in May Trump admin officials to meet Chinese officials June 9Tesla bounces after massive plunge on Thursday Lululemon sinks on lowering annual profit forecastBy Saeed Azhar, Kanchana Chakravarty and Sukriti Gupta NEW YORK, June 6 (Reuters) - U.S. stocks...Reuters
Fri, Jun 6
Where Will Target Stock Be in 1 Year?
It's been a difficult few years for Target (NYSE: TGT) shareholders. The cheap and chic U.S. retailer has lost some of its cachet as pressured consumers hold off on discretionary purchases, saving their paychecks for the weekly Costco Wholesale run or other essentials shopping.But there's still a lo...The Motley Fool
Fri, Jun 6
Why Palantir Stock Is Jumping Today
Palantir Technologies (NASDAQ: PLTR) stock is surging Friday. The software specialist's share price was up 6.3% as of 3:20 p.m. ET. At the same point in the day's trading, the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) were up 1.1% and 1.3%, respectively.After sell-offs in ...The Motley Fool
Fri, Jun 6
GLOBAL MARKETS-Wall Street surges, Treasury yields jump as upbeat jobs report eases economic fears
US payrolls data tops forecastsDollar up against peersTesla claws back ground after Musk-Trump feudCrude prices register weekly advance amid renewed U.S.-China trade talksBy Stephen Culp NEW YORK, June 6 (Reuters) - Wall Street rebounded on Friday and U.S. Treasury yields jumped as a generally up...Reuters
Fri, Jun 6
The Toro Company Q2 EPS Tops Forecast
The Toro Company (NYSE:TTC) reported its results for its fiscal 2025 second quarter on June 5, posting adjusted EPS of $1.42, up $0.02 year over year and above guidance, but revenue declined by 2.3% to $1.32 billion. Management updated its full-year guidance to reflect persistent weakness in the res...The Motley Fool
Fri, Jun 6
Why Tesla Stock Is Bouncing Higher Today
After a big sell-off yesterday, Tesla (NASDAQ: TSLA) stock is seeing rebound momentum in Friday's trading. The company's share price was up 5.6% as of 3 p.m. ET. Meanwhile, the S&P 500 index was up 1.1%, and the Nasdaq Composite index was up 1.3%.Tesla's stock gains today primarily stem from two sou...The Motley Fool
Fri, Jun 6
Retail traders scooped up Tesla as Trump-Musk spat hit stock
Self-directed individual investors stepped in to buy Tesla's dipTesla shares are a favorite of retail buyersNo signs of anxiety in options market despite 14% Tesla plunge on ThursdayBy Suzanne McGee and Saqib Iqbal Ahmed NEW YORK, June 6 (Reuters) - Retail investors seem to have spotted an op...Reuters
Fri, Jun 6
PRECIOUS-Gold falls over 1% as strong US jobs data clouds outlook for rate cuts
US unemployment rate steady at 4.2%Platinum, palladium head for weekly gainsBullion up 0.8% for the week so farBy Ashitha Shivaprasad and Sherin Elizabeth Varghese June 6 (Reuters) - Gold prices slipped more than 1% on Friday after a stronger-than-expected U.S. jobs report dampened hopes for immi...Reuters
Fri, Jun 6
Conifer Holdings changes name to Presurance Holdings
By Michael LoneyJune 6 - (The Insurer) - The shareholders of Conifer Holdings have approved a name change to Presurance Holdings following the sale of its insurance agency operations.At the June 3 virtual annual meeting the shareholders also approved a reverse stock split of the Troy, Michigan-based...Reuters
Fri, Jun 6
Why Centrus Energy Stock Soared Higher This Week
Shares of Centrus Energy (NYSE: CCJ) are moving higher this week. The company's stock was up 11.5% at 1:08 p.m. ET from last Friday's close. The S&P 500 index and the Nasdaq-100 index were up 1.2% and 1.8%, respectively, at the same time.Centrus, a provider of enriched uranium to fuel nuclear reacto...The Motley Fool
Fri, Jun 6
US STOCKS-Wall Street stocks rise on jobs data; Tesla bounces
Indexes up: Dow 1.02%, S&P 500 1.14%, Nasdaq 1.44%Non-farm payrolls increased by 139,000 jobs in May Tesla up almost 5.6% after massive plunge on Thursday Lululemon sinks on lowering annual profit forecastBy Saeed Azhar, Kanchana Chakravarty and Sukriti Gupta NEW YORK, June 6 (Reuters) - U.S....Reuters
Fri, Jun 6
Why Cleveland-Cliffs Stock Soared This Week
Shares of Cleveland-Cliffs (NYSE: CLF) are moving higher this week, up 28.8% from last Friday's close as of 2:00 p.m. ET. The gain comes as the S&P 500 rose 1.5% and the Nasdaq-100 increased 2.1%. The American steelmaker will benefit from President Donald Trump's new steel tariffs that went into eff...The Motley Fool
Fri, Jun 6
Rent the Runway shares hit highest since December after results, outlook
** Shares of Rent the Runway RENT.O were up 28% and earlier hit their highest level since December 10 after the e-commerce platform reported qtrly results and gave an outlook late Thurs ** RENT also on track for its biggest daily pct gain since March** The stock was last at $8.63** "Rent the Run...Reuters
Fri, Jun 6
Why AST SpaceMobile Stock Is Skyrocketing This Week
Shares of AST SpaceMobile (NASDAQ: ASTS) are moving higher this week, up 33.9% as of 2 p.m. ET from last Friday's close. The gain comes as the S&P 500 gained 1.5% and the Nasdaq-100 gained 2.2%.Earlier in the week, a board member posted a picture to social media that fueled speculation of a possible...The Motley Fool
Fri, Jun 6
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