Daniel Marsh, Senior Markets Analyst at StockTi — Page 211

Markets May 8

Indian Markets Plunge as Brent Crude Breaches $100, Sensex Drops 665 Points

Indian equity markets tumbled on Friday as Brent crude topped $100 a barrel, with the Sensex falling 665 points and the Nifty slipping below 24,150. The rupee also weakened, adding to investor concerns.

HDB

Markets May 8

FTSE 100 Dips as Oil Breaches $100, Political Uncertainty Weighs

London's FTSE 100 slipped 0.75% on renewed U.S.-Iran tensions pushing oil above $100, while Labour's election losses added political uncertainty. IAG cut its profit outlook on rising fuel costs.

IAG BP VOD BAESY RR RHHBY USO GLD XLE

Markets May 8

Oil Surge on Iran Tensions Drags US Futures Lower

US stock futures slipped as oil surged above $96 on renewed Iran conflict, stoking inflation fears. The S&P 500 fell 0.38%, with chip stocks declining, while Nvidia and Microsoft gained.

SPY QQQ DIA ARM INTC AMD NVDA MSFT IREN CRWV GLW COIN ABNB EXPE USO

Markets May 7

Centrica Plummets 5% as Retail Earnings Warning Overshadows £370M Gas Plant Buy

Centrica shares dropped 5.16% after warning retail energy earnings will hit the low end of 2026 forecasts, despite a £370 million deal to buy the Severn gas power plant.

CNA

Markets May 7

Dow Slides Below 50,000 as Oil Volatility and Chip Selloff Weigh on Market

The Dow fell 313 points to close below 50,000 amid oil volatility and a chip stock selloff. Nvidia and Microsoft gained, while jobless claims rose and the Fed signaled rates on hold.

DIA SPY QQQ USO AAPL MSFT NVDA AMD INTC ARM CRM CRWD PANW WHR DDOG

Markets May 7

Chip Slump Halts S&P 500's Record Run on Tariff Ruling

The S&P 500 fell 0.38% as chip stocks slid, with Intel and AMD each dropping about 3%, while a trade court ruling against Trump's tariffs added to uncertainty.

SPY QQQ DIA INTC AMD ARM NVDA MSFT DDOG

Markets May 7

S&P 500 Retreats from Record as Chip Stocks Slide; Oil Volatility and Whirlpool Warning Weigh

U.S. stocks retreated Thursday, with the S&P 500 sliding 0.38% from its record as chip stocks cracked. Intel and AMD fell 3% each, and the PHLX chip index dropped 2.7%. Oil volatility and a Whirlpool warning added to market unease.

INTC AMD ARM WHR DDOG ABNB NET COIN USO SPY

Economy May 7

Moody's: South Africa's Debt Stabilizing, Iran Conflict Poses Growth Risk

Moody's says South Africa's debt has peaked at 86.8% of GDP and is set to decline, but warns the Iran conflict could reduce growth by up to 0.5 percentage points in 2026-27.

EEM

Markets May 7

Lumen Technologies Tumbles 13% on $1B Debt Sale, Alkira Buyout

Lumen Technologies shares fell 13% after its Level 3 unit priced $1 billion in 7.5% senior notes due 2037, highlighting balance sheet concerns amid a $475 million Alkira acquisition.

LUMN