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Markets Retreat as Trump's Iran Remarks Fuel Oil Spike, Airline Worries
Markets Daniel Marsh

Markets Retreat as Trump's Iran Remarks Fuel Oil Spike, Airline Worries

U.S. equity markets reversed sharply lower Thursday after President Trump's prime-time address on Iran escalated military rhetoric, sending oil prices soaring and reigniting stagflation concerns. The Dow Jones Industrial Average dropped 565 points.

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Blue Owl Limits Redemptions at Key Credit Funds Amid Surge in Withdrawal Requests
Markets Daniel Marsh

Blue Owl Limits Redemptions at Key Credit Funds Amid Surge in Withdrawal Requests

Blue Owl Capital has imposed a 5% quarterly redemption cap on two major private credit funds following a surge in withdrawal requests, with one fund facing over 40% in redemption demands.

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U.S. Markets Shut for Good Friday as March Jobs Data Looms
Markets Daniel Marsh

U.S. Markets Shut for Good Friday as March Jobs Data Looms

U.S. equity markets will be closed on Friday, April 3, 2026, for the Good Friday holiday, with trading resuming Monday, April 6. The key March employment report is scheduled for release during the market closure.

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Occidental Petroleum Target Raised to $74 Amid Oil Price Volatility
Markets Daniel Marsh

Occidental Petroleum Target Raised to $74 Amid Oil Price Volatility

Stephens increased its price target on Occidental Petroleum to $74, above consensus, as shares fell 4.26% Wednesday amid energy sector weakness. Oil prices rebounded Thursday after geopolitical tensions.

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Indian Markets Stage Late Rebound as RBI Intervention Lifts Rupee
Markets Daniel Marsh

Indian Markets Stage Late Rebound as RBI Intervention Lifts Rupee

Indian equity indices reversed sharp intraday declines to close higher Thursday, supported by a significant rupee rally following RBI intervention. The recovery followed a market value wipeout exceeding Rs 10 lakh crore earlier in the session.

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Nike Plunges to 11-Year Low on Sales Warning, Indian Markets Tumble
Markets Daniel Marsh

Nike Plunges to 11-Year Low on Sales Warning, Indian Markets Tumble

Nike shares plummeted to an 11-year low following a warning of a 4% quarterly sales drop. Meanwhile, Indian equity indices plunged sharply due to geopolitical risks and heavy foreign selling.

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Entergy Shares Surge on Meta Data Center Deal, Analysts Boost Targets
Markets Daniel Marsh

Entergy Shares Surge on Meta Data Center Deal, Analysts Boost Targets

Entergy shares continue climbing, buoyed by a major $10 billion data center partnership with Meta and analyst upgrades setting $120 price targets. The deal includes significant grid investments and customer savings.

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Institutional Investors Boost Amazon Holdings Despite AI Capex Concerns
Markets Daniel Marsh

Institutional Investors Boost Amazon Holdings Despite AI Capex Concerns

Recent SEC filings reveal several investment firms expanded their positions in Amazon during Q4 2025, even as the company faces scrutiny over its massive AI-related capital expenditures.

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Biogen Acquires Apellis in $5.6B Deal, Adding Eye and Kidney Drugs
Markets Daniel Marsh

Biogen Acquires Apellis in $5.6B Deal, Adding Eye and Kidney Drugs

Biogen has entered a definitive agreement to acquire Apellis Pharmaceuticals for approximately $5.6 billion. The deal includes a $41 per share cash offer plus contingent value rights.

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Stocks Soar on Iran De-escalation Hopes, But Quarter Ends in Red
Markets Daniel Marsh

Stocks Soar on Iran De-escalation Hopes, But Quarter Ends in Red

U.S. equities staged their strongest rally in nearly a year Tuesday, with the Dow jumping over 1,100 points, fueled by optimism about a potential winding down of the Iran conflict. Despite the surge, major indices closed the quarter with steep losses.

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Fidelity Canada to Shutter Eight Funds as Retirement Products Outperform
Markets Daniel Marsh

Fidelity Canada to Shutter Eight Funds as Retirement Products Outperform

Fidelity Investments Canada is winding down eight funds, with most closures set for late July. Meanwhile, the firm's Freedom 2045 and 2015 retirement funds outperformed their benchmarks in the fourth quarter of 2025.

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Global Markets Rally on Geopolitical Ease; Microsoft, Marvell Gain on AI Bets
Markets Daniel Marsh

Global Markets Rally on Geopolitical Ease; Microsoft, Marvell Gain on AI Bets

Global equities advanced Wednesday as signs of easing Middle East tensions spurred a risk-on rally. Microsoft gained on a major AI infrastructure investment, while Marvell Technology surged following a strategic partnership with Nvidia.

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