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Home / Markets

Markets

Latest news and updates from this category.

PSX KSE-100 Plunges 779 Points as Fiscal Year-End Profit-Taking Grips Pakistan Stock MarketMarkets
Jun 23, 2026By Ali Raza Sheikh

PSX KSE-100 Plunges 779 Points as Fiscal Year-End Profit-Taking Grips Pakistan Stock Market

Pakistan's KSE-100 Index fell 778.94 points (0.44%) to close at 177,692.92 on June 23, 2026, as fiscal year-end profit-t...

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The Dollar Index (DXY) Weakens as Geopolitical Risk Premium Evaporates GloballyMarkets
Jun 19, 2026By Ali Raza Sheikh

The Dollar Index (DXY) Weakens as Geopolitical Risk Premium Evaporates Globally

The US Dollar Index (DXY) has weakened significantly as the geopolitical risk premium evaporates. Capital is rotating ou...

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Utility and Data Center Power Stocks Diverge as AI.Gov Exposes Grid ConstraintsMarkets
Jun 19, 2026By Ali Raza Sheikh

Utility and Data Center Power Stocks Diverge as AI.Gov Exposes Grid Constraints

The utility sector is bifurcating as AI.Gov exposes massive grid constraints. Baseload nuclear and gas generators are su...

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Retail Giants Beat Q2 Expectations on Tax Cut Windfall and Marginal Propensity to ConsumeMarkets
Jun 19, 2026By Ali Raza Sheikh

Retail Giants Beat Q2 Expectations on Tax Cut Windfall and Marginal Propensity to Consume

Retail giants have beaten Q2 expectations, driven by the immediate impact of the Working Families Tax Cuts. The surge in...

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Bitcoin Breaks $120,000 Amid Bipartisan Stablecoin Regulatory ClarityMarkets
Jun 19, 2026By Ali Raza Sheikh

Bitcoin Breaks $120,000 Amid Bipartisan Stablecoin Regulatory Clarity

Bitcoin has broken $120,000 following the passage of a bipartisan stablecoin regulatory framework. The legislation allow...

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Treasury Yields Spike as Working Families Tax Cuts Expand Deficit OutlookMarkets
Jun 19, 2026By Ali Raza Sheikh

Treasury Yields Spike as Working Families Tax Cuts Expand Deficit Outlook

Treasury yields have spiked above 4.8% as the CBO scores the Working Families Tax Cuts at $2.4 trillion over ten years. ...

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Nvidia and Semiconductor Sector Rally on 'AI.Gov' Federal Procurement MandateMarkets
Jun 19, 2026By Ali Raza Sheikh

Nvidia and Semiconductor Sector Rally on 'AI.Gov' Federal Procurement Mandate

The semiconductor sector is rallying on the White House's 'AI.Gov' initiative, which mandates domestic AI procurement ac...

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Homebuilder Stocks Surge 15% as Senate Affordable Housing Bill Unlocks Zoning ReformMarkets
Jun 19, 2026By Ali Raza Sheikh

Homebuilder Stocks Surge 15% as Senate Affordable Housing Bill Unlocks Zoning Reform

Homebuilder stocks surged 15% following the Senate's passage of the affordable housing bill, which incentivizes local zo...

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Fed Holds Rates Steady as Oil Shock Deflates Inflation; Dot Plot Signals Deep Cuts in Q4Markets
Jun 19, 2026By Ali Raza Sheikh

Fed Holds Rates Steady as Oil Shock Deflates Inflation; Dot Plot Signals Deep Cuts in Q4

The Federal Reserve held rates steady but signaled aggressive cuts in Q4 as the oil shock deflates inflation. The update...

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Wall Street Reprices Regulatory Risk as Supreme Court 'June Boom' Neuters the Administrative StateMarkets
Jun 19, 2026By Ali Raza Sheikh

Wall Street Reprices Regulatory Risk as Supreme Court 'June Boom' Neuters the Administrative State

Wall Street is aggressively repricing regulatory risk following the Supreme Court's 'June Boom' rulings, which severely ...

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