Iran fires missiles at U.S. forces in Middle East, ending ceasefire lull
This blog is closed. Below is a roundup of the developments in Iran and the Middle East on Monday, June 1.
Read more →Equities
Gold prices steady ahead of Fed decision; oil rebound revives inflation concerns
(Kitco News) – Gold prices saw another turbulent week, as early safe-haven support faded into a sharp midweek selloff after hotter U.S. inflation data, renewed Middle East fighting, and rising Fed rate-hike expectations…
Read more →Asian technology stocks extend sell-off with SoftBank down 7% as AI plays take a hit
Asian technology stocks extended their sell-off on Wednesday, with semiconductor names leading declines after another weak session in the U.S.
Read more →Sugar Prices Fall as Crude Oil Plunges
May NY world sugar #11 (SBK26) today is down -0.29 (-1.99%), and May London ICE white sugar #5 (SWK26) is down -6.40 (-1.49%).
Read more →Corn Closes Turnaround Tuesday with Strength
Corn futures took back much of the Monday weakness, with contracts closing 5 to 6 ¾ cents in the front months and steady to 2 cents higher in the deferreds. The CmdtyView national average Cash Corn price was up 6 3/4 ce…
Read more →Sugar Prices Fall as Crude Oil Plunges
May NY world sugar #11 (SBK26) today is down -0.29 (-1.99%), and May London ICE white sugar #5 (SWK26) is down -6.40 (-1.49%).
Read more →Stocks Settle Mostly Higher on Positive Earnings Results
The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +0.21%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +1.03%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.98%. September E-mini S&P futures (ESU26…
Read more →Audi continues U.S. product push with three-row Q9 SUV
It is the first so-named vehicle for Audi and the latest in a product push aimed at the heart of the American market, where the brand has struggled over the past several quarters.
Read more →Precision Drilling (PDS) Reports Q2 Loss, Beats Revenue Estimates
Precision Drilling (PDS) came out with a quarterly loss of $0.38 per share versus the Zacks Consensus Estimate of $0.43. This compares to earnings of $0.77 per share a year ago. These figures are adjusted for non-recurr…
Read more →Kimi K3: DeepSeek 2.0, or is this Time Different?
On January 27, 2025, a relatively unknown Chinese-based artificial intelligence company shook up Wall Street. At the time, the AI buildout was in the early innings, and the majority of leading U.S-based technology stock…
Read more →Cotton Slips into Tuesday’s Close
Cotton futures closed with losses of 3 to 45 points across the board on Tuesday, slipping from the midday gains. Crude oil was down another $3.48 per barrel, with the US dollar index down 0.109.
Read more →Iran launches surprise ballistic missile attack on U.S. forces in the Middle East
Iran late Tuesday stateside targeted U.S. forces in the Middle East with several ballistic missiles, the U.S. Central Command said, raising tensions in the Middle East that had seen hostilities put on brief pause.
Read more →Oil jumps as U.S.-Iran resume strikes after a brief pause
Oil rose sharply in Asia trading, following renewed tensions in the Middle East after Iran launched an attack on U.S. forces using ballistic missiles.
Read more →Dollar holds steady as Fed decision looms
Gold held steady in early trading ahead of the Federal Reserve decision later this week, with markets largely pricing in a rate hold while watching Chair Powell’s statement for clues on the timing of future rate cuts. E…
Read more →US military says US, Saudi forces struck sites of Iran-backed groups in Iraq
Iran's parliament speaker Mohammad-Bagher Ghalibaf has accused the U.S. of planning a ground invasion as part of the next stage in the Iran war, and said such an intervention would be met with force.
Read more →Soybeans Bounce on Tuesday Ratings Slip
Soybeans posted a modest recovery on Tuesday following sharp Monday losses, with contracts up 2 ½ to 6 ¼ cents. The cmdtyView national average Cash Bean price was 3 3/4 cents higher at $11.78. Soymeal futures were $1 to…
Read more →Dollar Slips as Crude Oil Prices and T-Note Yields Fall
The dollar index (DXY00) fell from a 1-month high on Tuesday, finishing down -0.14%. The dollar gave up an early advance on Tuesday and moved lower on an unexpected decline in July consumer confidence. Also, Tuesday’s -…
Read more →Saudi Arabia has a new, and pricier, workaround to export its oil
Hi, Paul Krugman here. Recording a video today rather than one of my usual posts,.I just feel like I’ve been too immersed in charts and wanted to do something shorter, simpler, whatever.
Read more →Seagate’s earnings are welcome news for the battered AI trade
The storage maker’s June-quarter results come in ahead of Wall Street’s expectations, and the stock rallies after hours
Read more →Ford matches GM in one crucial way, and the stock jumps
DEARBORN, Mich. and NEW YORK and MOUNTAIN VIEW, Calif., July 21, 2026 /PRNewswire/ -- Four leading American companies – BlackRock, Carhartt, Ford Motor Company, and Google – have come together to launch the Alliance for…
Read more →National beer and wine distributor files Chapter 11 bankruptcy
A decline in public consumption of alcoholic drinks has been a major factor in declining revenue in the beer, wine, and spirits sectors, leading certain companies to file for bankruptcy protection.
Read more →SK Hynix second-quarter revenue more than triples — but misses estimates
SK Hynix on Wednesday posted another record quarterly profit, but missed analysts' estimates.
Read more →Elon Musk's xAI sues Minnesota over law to ban 'nudify' apps
Elon Musk's xAI, now owned by SpaceX, sued Minnesota Attorney General Keith Ellison to challenge a law that would ban so-called nudify apps in the state.
Read more →Sinking Crude Oil Prices Weigh on Sugar
Sugar prices slid to 1-week lows on Tuesday and settled lower amid the plunge in crude oil prices. WTI crude oil (CLU26) sank more than -4% on Tuesday, adding to Monday’s -7% plunge, which undercuts ethanol prices and m…
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