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.
Markets
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…
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%).
‘Ask the right questions’: what you need to know before buying shares
Whether it is SpaceX or a bank, getting the right facts about a firm can offer vital insights before you invest in it
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%).
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.
BTS' concerts have been so successful, it's now bad for its own agency Hybe's shares
Despite the success of BTS powering South Korea's largest K-pop agency Hybe to a stellar set of second quarter results, the agency saw as much as 2.845 trillion won ($1.96 billion) wiped from its market cap in less than…
Gold prices steady ahead of Fed decision; oil rebound revives inflation concerns
(Kitco News) – Gold prices saw another turbulent week, as early safe-haven support faded into a sharp midweek selloff after hotter U.S. inflation data, renewed Middle East fighting, and rising Fed rate-hike expectations…
Stocks Settle Mostly Higher on Positive Earnings Results
The S&P 500 Index ($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…
Hogs Posting Midday Gains on Tuesday, as Pork Firms
Lean hog futures are steady to 75 cents higher so far on Tuesday. USDA’s national base hog price was reported at $101.32 on Tuesday morning. The CME Lean Hog Index was another 32 cents higher on July 24 at $98.23.
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 -…
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…
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.
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.
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.
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…
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.
Cattle Bouncing Back Higher on Tuesday
Live cattle futures are up $1.97 to $3.30 across most contracts at midday. Early bids of $228 are being reported which is just slightly lower than the $230-231 trade from last week. Feeder cattle futures are showing fro…
SK Hynix second-quarter revenue more than triples — but misses estimates
SK Hynix on Wednesday posted another record quarterly profit, but missed analysts' estimates.
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.
Trump, DOJ ask Supreme Court to toss $83.3M defamation award to E. Jean Carroll
President Donald Trump and the Department of Justice on Tuesday separately asked the Supreme Court to overturn a civil court verdict that ordered him to pay the writer E. Jean Carroll $83.3 million for defaming her whil…
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…
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…
Bloom Energy sees sales top $1 billion as AI proves a validation moment for fuel-cell technology
Tesla stock got crushed, while Lockheed Martin and SK Telecom were among the week’s winners.