News
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Forex
USD/CHF declines to near 0.8330 as US Dollar underperforms across the board
The USD/CHF pair trades 0.5% lower to near 0.8330 during North American trading hours on Monday. The Swiss Franc pair weakens as the US Dollar (USD) faces a sharp selling pressure due to erosion in the United States (US) Sovereign Credit Rating.
Fxstreet
Mon, May 19
Commodities
Silver Price Forecast: XAG/USD edges higher as Moody’s downgrade forces USD lower
Silver (XAG/USD) is trading slightly higher on Monday, holding above the $32.00 level during the US session, as broader weakness in the US Dollar fuels demand for alternative safe-haven assets.
Fxstreet
Mon, May 19
Stocks
LIVE MARKETS-Wall Street slumps on moody's downgrade as lawmakers wrangle trump tax bill
Major stock indexes down, Nasdaq off 0.8%All S&P sectors red, Energy down most Euro STOXX 600 down 0.3%Dollar down; bitcoin, crude dip; gold up ~0.8%US 10-Year Treasury yield jumps to ~4.52%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share y...Reuters
Mon, May 19
Stocks
TXNM Energy reaches all-time high on Blackstone's $11.5 bln takeover deal
** Utility firm TXNM Energy's TXNM.N shares rise 6.9% to an all-time high of $56.51** Company says it would be acquired by Blackstone's BX.N infrastructure unit in an $11.5 bln deal, including debt** TXNM shareholders will receive $61.26/share, a premium of around 15% to stock's last clo...Reuters
Mon, May 19
Stocks
The American Dream in Action: 2 U.S.-Based Businesses to Watch
The American dream includes a great many things, and Nucor (NYSE: NUE) and Steel Dynamics (NASDAQ: STLD) offer two different versions of achieving that dream. Both operate in the North American steel industry, with virtually all of their operations in the United States.Here's how Nucor and Steel Dyn...The Motley Fool
Mon, May 19
Stocks
Rhodium prices to outperform platinum and palladium in 2025, Metals Focus says
LONDON, May 19 (Reuters) - Average prices for platinum XPT= and rhodium RHOD-LON are expected to rise by 1% and 8%, respectively, this year, while palladium XPD= will see a 5% price reduction, consultancy Metals Focus said on Monday.The basket price of the platinum group metals (PGMs), which are chi...Reuters
Mon, May 19
Stocks
US STOCKS-Wall St drops, Treasury yields rise after Moody's downgrade
Indexes down: Dow 0.52%, S&P 500 0.93%, Nasdaq 1.34%Netflix down on JPM analyst focus list removalBlackstone infrastructure unit to acquire TXNM EnergyBy Shashwat Chauhan and Kanchana Chakravarty May 19 (Reuters) - Wall Street's main indexes slipped on Monday, with technology stocks falli...Reuters
Mon, May 19
Other
US Vice President Vance invites Pope Leo, an American, to visit home
US VP Vance invites Pope Leo XIV at Vatican meeting to visit USLeo, elected May 8, is first pope from USAs cardinal, Leo was critical of Trump administrationBy Joshua McElwee VATICAN CITY, May 19 (Reuters) - U.S. Vice President JD Vance met on Monday at the Vatican with Pope Leo XIV, the first le...Reuters
Mon, May 19
Other
DIARY-Political and General News Events from May 19
May 19 (Reuters) - For other diaries, please see:Political and General News POL/DIARYTop Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY ---------...Reuters
Mon, May 19
Stocks
Small cap stocks unlikely to deliver sustained outperformance yet - BofA
Investing.com -- Despite a recent rally, Bank of America (NYSE:BAC) analysts believe small-cap stocks are unlikely to deliver sustained outperformance in the near term, citing structural and macroeconInvesting.com
Mon, May 19
Economic Indicator
Mexico central bank will maintain restrictive monetary policy, governor says
MEXICO CITY, May 19 (Reuters) - Mexican central bank governor Victoria Rodriguez expects monetary policy to remain restrictive but sees room to further lower the benchmark interest rate, she said on an interview published by local newspaper El Financiero on Monday.Reuters
Mon, May 19
Economic Indicator
Fed's Jefferson: Moody's downgrade will be treated as any other data in setting policy
AMELIA ISLAND, May 19 (Reuters) - Federal Reserve policymakers will treat the Moody's downgrade to the U.S. credit rating as any other data in setting monetary policy, Fed vice chair Philip Jefferson said on Monday."We will put that downgrade in the same perspective that we do with all incom...Reuters
Mon, May 19
Stocks
CoreWeave announces intention to offer senior notes; shares down
** Shares of Nvidia-backed CoreWeave CRWV.O fall 2.3% to $78.10** CRWV announces intention to offer $1,500 million of senior notes, the proceeds from which will be used to repay outstanding debt** CRWV says it is entering new delayed draw term loan facility (DDTL) for up to $2.6 billion** Co intends...Reuters
Mon, May 19
Economic Indicator
Euro area: Rome wasn’t built in a day – Standard Chartered
Q1 outperformance tells little about the remainder of 2025; growth momentum is likely to weaken. Growth forecast of 0.8% this year remains unchanged, but near-term recession risks are high. The 2026 growth has been revised down to 1.0% (1.2%) owing to the lingering effects of trade uncertainty.Fxstreet
Mon, May 19
Stocks
2 Monster Stocks in the Making to Buy Now and Hold for 10 Years
Wall Street has long been known to chase the flashiest names of the moment. The past couple of years have seen investors going after artificial intelligence (AI) chipmakers, meme stocks, and some highly sought-after initial public offerings (IPOs).However, real long-term wealth is built by investing...The Motley Fool
Mon, May 19
Stocks
Hotel & leisure firms fall after Berstein cuts PT on travel weakness
** Shares of Hilton Worldwide down 1% to $253, Hyatt down 1.3% to $133, and Marriot International down 1% to $271 , in early trade** Bernstein cuts price target on hotel & leisure co's Hilton Worldwide HLT.N , Hyatt Hotels H.N , and Marriot InternationalMAR.O on expected softer demand in the...Reuters
Mon, May 19
Other
White House says Vance invited Pope Leo for a visit with Trump
WASHINGTON, May 19 (Reuters) - Vice President JD Vance delivered a letter to Pope Leo during their meeting inviting the pontiff to visit the United States and the White House, U.S. officials said on Monday.White House spokeswoman Karoline Leavitt said Vance's letter extended the invite on behalf...Reuters
Mon, May 19
