Articles by Daniel Marsh
Stocks Slide, Oil Soars as Iran Deadline Extension Fails to Calm Markets
Wall Street declined sharply on Friday, with the S&P 500 and Nasdaq Composite both falling over 0.9%, while Brent crude oil jumped above $110 a barrel after the White House extended a key deadline in the Iran conflict, raising concerns over prolonged inflation and interest rates.
Market Volatility Spikes as Middle East Tensions Fuel Oil, Inflation Fears
Wall Street's volatility index surged toward 30 as escalating Middle East tensions pushed oil prices higher, rattling equities and boosting inflation concerns. The Nasdaq entered correction territory while traditional safe havens failed to attract bids.
Microsoft Shares Face Steepest Six-Month Decline Since 2009 Amid AI Doubts
Microsoft shares dropped 2.1% to $358.38, marking a 34% decline from October 2025 highs and the worst six-month performance since 2009. Concerns over AI investment returns and slow Copilot adoption are driving the selloff.
Leveraged TQQQ Nears $40 Amid Nasdaq Correction, Volatility Surge
The triple-leveraged ProShares UltraPro QQQ (TQQQ) traded near $40, extending sharp declines as the Nasdaq-100 correction intensified. The fund's structure magnified losses compared to the underlying index amid heightened market volatility.
Nordea Adjusts Alphabet Holdings as Tech Sector Faces Pressure
Nordea Investment Management adjusted its Alphabet positions in Q4, increasing Class C holdings while reducing Class A shares. The disclosures come as Alphabet faces legal headwinds and a sector-wide pullback.
CenterPoint Gains Investor Attention on Dividend, Growth Outlook
CenterPoint Energy shares closed at $42.33 as Nordea Investment Management increased its stake by 14.3%. The utility reaffirmed its 2026 adjusted EPS guidance of $1.89-$1.91 and $0.23 quarterly dividend.
StockStory Backs HPE, Progressive; Warns on GoDaddy, Caterpillar, eBay, Molson Coors
StockStory's latest analysis highlights HPE and Progressive as bullish picks due to robust financials, while flagging concerns for GoDaddy, Caterpillar, eBay, and Molson Coors. The assessments come amid a sharp market pullback and significant weekly inflows into U.S. equity funds.
Global Equities Slide as Iran Tensions Fuel Oil, Bond Market Jitters
Worldwide stock markets declined Friday, with the Nasdaq Composite sinking into correction territory. President Trump's decision to delay action on Iran failed to ease concerns, pushing oil prices higher and bond yields to fresh peaks.
Futures Rebound as Geopolitical Tensions Ease, Nasdaq in Correction
U.S. equity futures advanced Friday following a presidential decision to delay potential strikes on Iran, offering a reprieve after Thursday's selloff pushed the Nasdaq into correction territory. Brent crude eased but stayed elevated near $107.
FTSE 100 Flat Amid Consumer Weakness, AstraZeneca Gains
The FTSE 100 was little changed, up just 0.1%, as disappointing UK economic data weighed on sentiment. AstraZeneca shares rose on positive trial results.
U.S. Mortgage Rates Surge to 6.38%, Dampening Spring Housing Activity
U.S. mortgage rates climbed to a six-month high of 6.38% this week, pressuring borrower demand. The Mortgage Bankers Association reported a 10.5% weekly decline in applications as costs rose.
Reliance Denies Iran Oil Purchase as Asia Markets Slump on Geopolitical Tensions
Reliance Industries has dismissed claims it bought Iranian crude oil as unfounded. Asian equity markets fell due to ongoing Middle East tensions, and X Financial reported robust Q3 earnings despite a significant one-off loss.