Markets News
Latest stock market news and real-time market analysis. Track S&P 500, Nasdaq, and Dow Jones movements, sector rotations, and breaking market events.
Coterra Merger Concludes, Puts Devon Energy's Strategy to the Test
Coterra Energy shares stopped trading as its merger with Devon Energy closed, converting each share into 0.70 Devon share. The deal now tests Devon's ability to deliver on promised synergies.
Nasdaq Slides as Hot CPI Data Dents Rate Cut Hopes
U.S. stocks fell Tuesday after April CPI rose 0.6%, exceeding forecasts. The Nasdaq dropped 0.6% as energy costs surged and Treasury yields climbed, dampening hopes for Fed rate cuts.
Lululemon's Slump Tests Investor Faith in Turnaround Plan
Lululemon shares fell to a 52-week low as weak North America sales, margin pressure, and CEO transition uncertainty test investor patience.
Indian Markets Plunge as Crude Surge and Rupee Record Wipe Out $115 Billion
Indian shares suffered their worst session in six weeks, losing $115 billion in market value, as surging crude prices and a record-low rupee deepened macroeconomic concerns.
Nasdaq Futures Dip as Oil Surge and CPI Data Test Wall Street Records
Nasdaq 100 futures fell 0.68% early Tuesday as traders braced for April CPI data and oil prices surged, threatening Wall Street's recent record highs. Goldman Sachs pushed its rate cut forecast to December.
Work Medical Stock Skyrockets 206% on AI BioToken Pact, Then Plunges
WORK Medical Technology Group shares tripled on an AI partnership with Shanghai Novabioplus, then plunged 48% in premarket. The deal targets protein modeling and BioTokens but lacks financial details.
Indian Markets Extend Losses as Rupee Weakens to New Low
Indian stocks fell for a fourth session as the rupee hit a record low and crude oil surged above $106. Nifty 50 dropped 1.45%, Sensex lost 1.63%.