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Dow falls 270 points as Wall Street ends lower on Iran tensions

US stocks closed lower on Monday as investors assessed renewed uncertainty over US-Iran negotiations and higher oil prices. The Dow Jones Industrial Average fell 272.63 points, or 0.51%, to 53,459.78, while the S&P 500 and Nasdaq Composite also declined. Rising crude prices added to market pressure as the ceasefire between the US and Iran expired

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Business

Global FX Market Summary: Fed Rate Cuts, Hormuz Border…

Fading Fed rate-hike odds, expired Hormuz diplomacy, and joint US-Japan currency interventions have driven down the US Dollar.. Collapse in September Rate-Hike Odds Drives DXY Below 200-Day EMA Expectations for monetary tightening by the United States central bank have cooled rapidly following a sequence of softer domestic economic reports. Disappointing figures—including a monthly contraction in

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Business

The succession and strategy questions facing Tata Sons as N Chandrasekaran resigns

N Chandrasekaran’s decision not to seek another term as chairman of Tata Sons has triggered one of the biggest leadership questions in Indian corporate history, opening the door to a succession battle at a time when the 158-year-old conglomerate is navigating some of its most ambitious and capital-intensive projects. Tata Sons, which is the holding

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Business

Nokia NOK stock prediction: $21 bull vs $8.50 bear

Nokia’s 30% collapse in July looked like the market calling time on a hype cycle. It was not. Read the quarter and the opposite happened: AI & Cloud order intake nearly tripled to €2.8bn, Optical Networks grew 20% and IP Networks 16%. Demand accelerated. What broke the stock was a cost line — Ericsson warned

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Business

Intuitive Machines stock jumps 8% as Wall Street backs $1.8B backlog

Intuitive Machines Inc. LUNR shares rallied sharply on Friday after multiple Wall Street analysts shifted their focus from the company’s second-quarter earnings miss to its rapidly expanding order backlog, arguing that the long-term growth outlook remains intact. The stock climbed about 8.14% to $18.99 during Friday’s session after Stifel upgraded the lunar exploration company to

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Business

SanDisk SNDK stock prediction: $2,400 bull vs $1,150 bear

A stock that has risen 35-fold in a year cannot be analysed like a semiconductor company. SanDisk (SNDK) closed at $1,641.11 on August 14, 2026, up 7.39% on a session in which the entire memory complex moved together, having traded at $46.68 twelve months earlier — a gain of 3,415.7% (stockanalysis.com daily close, retrieved August

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Business

Dow closes lower as Applied Materials leads semiconductor selloff

US stocks ended lower on Friday as investors locked in profits following a record-setting rally, while weaker-than-expected retail sales data and renewed pressure on semiconductor shares weighed on sentiment. The S&P 500 fell 0.2% to close at 7,785.76 after setting fresh record highs earlier in the week. The Nasdaq Composite also declined 0.3% to 26,729.16,

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Business

Global FX Market Summary: Weak US Data Dents Fed Hikes,…

Weak US retail and consumer data slashed Fed rate hike bets, fueling rallies in Gold, foreign currencies, and crude divergence. Softening US Economic Data Dampens Federal Reserve Rate Hike Expectations Recent macroeconomic data releases from the United States point toward a distinct loss of economic momentum, shifting market expectations regarding monetary policy. July retail sales

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Business

What drove Workday stock higher on Thursday and what comes next?

Workday (WDAY) shares closed meaningfully higher on Thursday following a Reuters report that the private equity giant Silver Lake is in discussions to acquire the cloud software provider. Talks between the two firms have reportedly taken place behind closed doors in recent months. The media report brought a much-needed reprieve to Workday stock that’s been

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Business

Dollar mostly flat after inflation meets expectations

The US dollar has held around familiar areas with July’s inflation matching the consensus precisely. American inflation, headline and core, on 12 August was as expected, generating relatively little volatility as markets are seasonally less active around the middle of August. This article summarises the latest news affecting the US dollar then looks briefly at

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