By Robert Harvey LONDON, Aug 5 (Reuters) – Oil prices rose on Wednesday after Yemen’s Iran-aligned Houthi rebels said they attacked a Saudi oil tanker in the Red Sea, denting hopes of a de-escalation in Iran war hostilities that could restore shipping traffic and oil flows in the Middle East. Brent crude futures were up…
By Amanda Cooper LONDON, Aug 5 (Reuters) – The Japanese yen steadied on Wednesday after its most volatile few days in months after historic intervention, while the dollar traded around six-week lows against other currencies as revived hopes of an end to the war in Iran blunted safe-haven demand. The yen was steady at 157.55…
Gold December (GC=F) futures opened at $4,133.80 this morning, Wednesday, August 5, 2026, down 0.5% compared to Tuesday’s closing price. The price of gold was up this morning to $4,245.80 as of 7:54 a.m. ET. Opening gold prices have been in a holding pattern this week north of $4,100 and rising appreciably this morning after…
John Eade President & Director of Portfolio Strategies John is chairman and CEO of Argus Research Group and president of Argus Research Company. Over the years, his responsibilities at Argus have included chairing the Investment Policy Committee as then director of research; helping form the firm’s overall investment strategy; writing a weekly investment column; and…
Summary Digital Realty Trust is a REIT focusing on global cloud and carrier-neutral interconnected data centers. DLR also develops data center platforms for businesses involved in cloud software, financial services, social media, and mobile services. It helps customers develop secure
Economic data released on Tuesday were lukewarm. U.S. JOLTS job openings fell to 7.359 million in June, weaker than expectations of 7.440 million. Also, U.S. factory orders unexpectedly fell -0.3% m/m in June, weaker than expectations of +0.2% m/m. In addition, the U.S. trade deficit narrowed to -$73.3 billion in June, compared to expectations for…
By Mike Dolan August 5 (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets For all the doubts and handwringing, the S&P 500 and Dow Jones are back at record highs after surging on Tuesday amid falling oil prices and the bumper earnings season. It wasn’t all…
By Shashwat Chauhan and Kanchana Chakravarty August 5 (Reuters) – Investors are pouring money into U.S. healthcare stocks, betting that improving earnings, rising dealmaking and attractive valuations will extend the sector’s rebound after years of underperformance. The renewed appetite for healthcare reflects a broader shift in investor positioning, with financials also seeing gains, as Wall…
By Amina Niasse NEW YORK, Aug 5 (Reuters) – CVS Health on Wednesday raised its annual profit forecast to reflect a better-than-expected second quarter marked by a more profitable mix of drugs in its pharmacy business and bonus payments for its highly rated government health plans. The company forecast 2026 adjusted profit per share in…
US stock futures edged higher on Wednesday as investors reacted to renewed hopes of easing tensions in the Middle East, while corporate earnings from SpaceX (NASDAQ:SPCX), Advanced Micro Devices (NASDAQ:AMD) and Novo Nordisk (NYSE:NVO) drove significant pre-market trading. Although geopolitical developments supported overall market sentiment, investors also assessed company-specific news, particularly Elon Musk’s latest comments,…
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