Top Financial News provided by CBS Marketwatch©
- Return to the 2022 stock-market playbook as Iran conflict drags on, say these strategistsBarclays says the chasm between winning and losing stocks in 2022 when Russia invaded Ukraine was huge. Here are their style picks.
- Saudi Aramco promises full production can be restored within days if Strait of Hormuz is reopenedAramco’s CEO warns of “catastrophic consequences” for the oil market if the effective closure of the Straits Of Hormuz were to remain for an extended period. He was unenthusiastic about prospects for the U.S. Navy escorting tankers in transit.
- Social Security is already the best antipoverty program we have — don’t make this radical changeChanging Social Security to a flat benefit for all would put both workers and the poor at risk.
- Beware the risk of a scorched-earth strategy from Iran, say Bank of America strategistsBank of America’s equity-derivatives strategists, led by Nitin Saksena, say it’s too early to celebrate.
- Oil futures slide 8% as energy ministers set to meet on emergency reservesOil futures took another swift dive on Tuesday as world leaders consider releasing emergency supplies as the Iran conflict stretched into an eleventh day.
- Ozempic maker Novo Nordisk gets another downgrade. The end’s in sight for its duopoly status, says TD Cowen.Novo Nordisk on Tuesday received a broker downgrade, with the analysts arguing that its status as a duopoly in both diabetes and weight loss are under threat.
- European bonds join Treasury rally as lower oil prices ease inflation fearsBenchmark Treasury yields are hovering near the middle of their months-long trading range as fears fade of an inflation shock caused by surging oil prices.
- ‘I promised my parents’: I take care of my brother who is developmentally disabled. I’m now retired. Am I doing enough?“I have $560,000 in my IRA, $125,000 in stocks and $50,000 in savings.”
- Oracle faces a high bar for earnings as investors look for an AI payoffOracle’s stock has been pressured over concerns about whether its AI spending will yield the necessary returns.
- Trump announces sanctions relief to ease oil prices, says Iran war to end ‘very soon’President Donald Trump said the U.S. is waiving oil-related sanctions on certain countries in an effort to ease crude prices, as he estimated the war with Iran would end “very soon.”
Barclays says the chasm between winning and losing stocks in 2022 when Russia invaded Ukraine was huge. Here are their style picks.
Aramco’s CEO warns of “catastrophic consequences” for the oil market if the effective closure of the Straits Of Hormuz were to remain for an extended period. He was unenthusiastic about prospects for the U.S. Navy escorting tankers in transit.
Changing Social Security to a flat benefit for all would put both workers and the poor at risk.
Bank of America’s equity-derivatives strategists, led by Nitin Saksena, say it’s too early to celebrate.
Oil futures took another swift dive on Tuesday as world leaders consider releasing emergency supplies as the Iran conflict stretched into an eleventh day.
Novo Nordisk on Tuesday received a broker downgrade, with the analysts arguing that its status as a duopoly in both diabetes and weight loss are under threat.
Benchmark Treasury yields are hovering near the middle of their months-long trading range as fears fade of an inflation shock caused by surging oil prices.
“I have $560,000 in my IRA, $125,000 in stocks and $50,000 in savings.”
Oracle’s stock has been pressured over concerns about whether its AI spending will yield the necessary returns.
President Donald Trump said the U.S. is waiving oil-related sanctions on certain countries in an effort to ease crude prices, as he estimated the war with Iran would end “very soon.”
Wall Street Journal Market News©
- Stocks Sink in Broad AI Rout Sparked by China's DeepSeekU.S. stocks were mostly lower, with the Nasdaq leading declines as makers of AI infrastructure suffered steep falls, many in the double digits. Nvidia was down 16%.
- Comex Gold, Silver Settle LowerGold settled 1.4% lower, down two of the past three sessions, and silver fell 2.5%, down three of the past four sessions.
- DeepSeek Won't Sink U.S. AI TitansPanic fueling the selloff of Nvidia, Broadcom and other tech giants is overblown.
- Financial Services Roundup: Market TalkGain insight on Experian, SoFi Technologies and more in the latest Market Talks covering Financial Services.
- Arabica Coffee Prices Hit Record on U.S., Colombia Tariff SpatArabica coffee prices hit a record level, as traders digested the withdrawal of President Trump’s threats to impose tariffs and economic sanctions on Colombia.
- Swiss franc, Japanese yen Rise as DeepSeek News Boosts Safe HavensThe Yen and Swiss Franc were stronger against the dollar as investors sought safe havens after Chinese start-up DeepSeek’s new AI model hit U.S. tech stocks.
- Natural Gas Falls on Shifting Weather ForecastsU.S. natural gas futures fell after weekend updates took some of the chill out of early February weather forecasts.
- Building-Products Distributor QXO Launches Hostile Bid for BeaconQXO is taking its offer directly to shareholders after being rebuffed on several occasions.
- Natural-Gas Firm Diversified Energy Strikes Deal for Permian Basin PlayerMaverick Natural Resources has operations in Texas and Oklahoma.
- What's New This Tax Season That Can Save You MoneyThere are some new wrinkles, especially for those who sell things online or bought an EV.
- Chinese Investors With Few Options Turn to DividendsCompanies with good payouts are now the hottest bet in China markets.
- U.S. Treasury Yields Fall But Direction for Long-End Yields Still Seen UpwardThe 10-year U.S. Treasury yield fell and ING said the the long end of the Treasury curve will continue trading at higher yields even as Trump hasn’t delivered anything to shock markets so far.
- Russia's Crude Exports Fairly Stable Despite U.S. Sanctions, Goldman SaysOil edged lower in early trade as Goldman Sachs said the latest round of U.S. sanctions against Russia haven’t had a significant impact on the country’s oil exports.
- The Extra Reward for Owning Stocks Over Bonds Has DisappearedThere is little sign of crimped demand for equities among individual investors, who remain bullish after two years of blockbuster gains.
- Heard on the Street's Stock-Picking SeriesCheck out the stocks Heard on the Street writers favor in their eighth annual stock-picking contest.
- What Will It Take for Home Buyers to Start Asking for a Disaster Discount?The real costs of owning a house in neighborhoods that are vulnerable to flooding and wildfires are becoming clearer.
- Now Wanted in Silicon Valley: Ho-Hum Businesses With Thin Profit MarginsVenture-capital firms are bringing AI and dealmaking to accounting, property management and other unglamorous fields.
- In China, a Cat-and-Mouse Game to Rein In CryptoRecent court cases reveal how middlemen are facilitating a booming trade, eluding a crackdown.
- One House, Three Owners: The Ballooning Cost of the American DreamThe story of home affordability in the U.S. told from a single front porch.
- Trump Adds Fuel to Claims That Big Banks Discriminate Against ConservativesThe president has told Bank of America and JPMorgan Chase to stop cutting conservatives off from doing business.
U.S. stocks were mostly lower, with the Nasdaq leading declines as makers of AI infrastructure suffered steep falls, many in the double digits. Nvidia was down 16%.
Gold settled 1.4% lower, down two of the past three sessions, and silver fell 2.5%, down three of the past four sessions.
Panic fueling the selloff of Nvidia, Broadcom and other tech giants is overblown.
Gain insight on Experian, SoFi Technologies and more in the latest Market Talks covering Financial Services.
Arabica coffee prices hit a record level, as traders digested the withdrawal of President Trump’s threats to impose tariffs and economic sanctions on Colombia.
The Yen and Swiss Franc were stronger against the dollar as investors sought safe havens after Chinese start-up DeepSeek’s new AI model hit U.S. tech stocks.
U.S. natural gas futures fell after weekend updates took some of the chill out of early February weather forecasts.
QXO is taking its offer directly to shareholders after being rebuffed on several occasions.
Maverick Natural Resources has operations in Texas and Oklahoma.
There are some new wrinkles, especially for those who sell things online or bought an EV.
Companies with good payouts are now the hottest bet in China markets.
The 10-year U.S. Treasury yield fell and ING said the the long end of the Treasury curve will continue trading at higher yields even as Trump hasn’t delivered anything to shock markets so far.
Oil edged lower in early trade as Goldman Sachs said the latest round of U.S. sanctions against Russia haven’t had a significant impact on the country’s oil exports.
There is little sign of crimped demand for equities among individual investors, who remain bullish after two years of blockbuster gains.
Check out the stocks Heard on the Street writers favor in their eighth annual stock-picking contest.
The real costs of owning a house in neighborhoods that are vulnerable to flooding and wildfires are becoming clearer.
Venture-capital firms are bringing AI and dealmaking to accounting, property management and other unglamorous fields.
Recent court cases reveal how middlemen are facilitating a booming trade, eluding a crackdown.
The story of home affordability in the U.S. told from a single front porch.
The president has told Bank of America and JPMorgan Chase to stop cutting conservatives off from doing business.
