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Home / Markets

Markets

Latest news and updates from this category.

Global Crude Plunges 8% as US-Iran Memorandum of Understanding Shatters Geopolitical Risk PremiumMarkets
Jun 19, 2026By Ali Raza Sheikh

Global Crude Plunges 8% as US-Iran Memorandum of Understanding Shatters Geopolitical Risk Premium

Global crude oil futures plummeted 8% following the historic US-Iran MOU, erasing the geopolitical risk premium. The col...

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S&P 500 Defies Fed Hawkishness: Index Posts 23rd Record High of 2026 Before PullbackMarkets
Jun 19, 2026By Ali Raza Sheikh

S&P 500 Defies Fed Hawkishness: Index Posts 23rd Record High of 2026 Before Pullback

The S&P 500 achieved its 23rd record high of 2026 on June 2, closing at 7,609.78, before pulling back 1.21% on June 17 f...

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Kevin Warsh's Hawkish Fed Debut: Rate Hold Shocks Markets as Dot Plot Signals Hike AheadMarkets
Jun 19, 2026By Ali Raza Sheikh

Kevin Warsh's Hawkish Fed Debut: Rate Hold Shocks Markets as Dot Plot Signals Hike Ahead

Federal Reserve Chairman Kevin Warsh's first FOMC meeting ended with rates held at 3.50%-3.75%, but the dot plot reveale...

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JPMorgan Chase Acquires Major Fintech Rival in $40 Billion Deal to Dominate Digital PaymentsMarkets
Jun 19, 2026By Ali Raza Sheikh

JPMorgan Chase Acquires Major Fintech Rival in $40 Billion Deal to Dominate Digital Payments

JPMorgan Chase has agreed to acquire fintech giant Stripe in a $40 billion all-stock deal, aiming to dominate the digita...

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Commercial Real Estate Crisis Deepens as Office Vacancy Rates Hit Record 25% in Major US CitiesMarkets
Jun 19, 2026By Ali Raza Sheikh

Commercial Real Estate Crisis Deepens as Office Vacancy Rates Hit Record 25% in Major US Cities

The US commercial real estate crisis is accelerating as office vacancy rates hit a record 25%, driven by permanent remot...

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European Central Bank Cuts Rates for Third Time as Eurozone Growth StagnatesMarkets
Jun 19, 2026By Ali Raza Sheikh

European Central Bank Cuts Rates for Third Time as Eurozone Growth Stagnates

The European Central Bank has cut interest rates for the third time, lowering the deposit rate to 3.25% to combat stagna...

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Apple Announces $150 Billion Stock Buyback, Shifting Focus to AI-Integrated HardwareMarkets
Jun 19, 2026By Ali Raza Sheikh

Apple Announces $150 Billion Stock Buyback, Shifting Focus to AI-Integrated Hardware

Apple has announced a record $150 billion stock buyback program alongside a strategic pivot to on-device AI integration....

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US Treasury Yields Spike to 5.5% on Fears of Massive Deficit Spending in New Infrastructure BillMarkets
Jun 19, 2026By Ali Raza Sheikh

US Treasury Yields Spike to 5.5% on Fears of Massive Deficit Spending in New Infrastructure Bill

The 10-year US Treasury yield spiked to 5.5% as investors reacted to the massive deficit implications of a new multi-tri...

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Tesla Stock Soars 20% After Unveiling Next-Gen Solid-State Battery and Robotaxi FleetMarkets
Jun 19, 2026By Ali Raza Sheikh

Tesla Stock Soars 20% After Unveiling Next-Gen Solid-State Battery and Robotaxi Fleet

Tesla stock surged 20% after CEO Elon Musk unveiled a revolutionary solid-state battery and a fully autonomous robotaxi ...

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Global Oil Prices Plunge 15% as Iran-US Strait of Hormuz Agreement Restores Supply ChainsMarkets
Jun 19, 2026By Ali Raza Sheikh

Global Oil Prices Plunge 15% as Iran-US Strait of Hormuz Agreement Restores Supply Chains

Global oil prices have plunged 15% following a landmark US-Iran agreement to reopen the Strait of Hormuz. The de-escalat...

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