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CVU News30 articles
Wall Street Falls as Oil Surge and Hot CPI Reignite Rate Fears
The Dow dropped 1.68% as May CPI rose 4.2% and oil surged on U.S.-Iran tensions, fueling inflation and Fed rate hike fears ahead of the June FOMC meeting.
Dow Slips as CPI Meets Forecasts, Iran Tensions and AI Selloff Weigh
The Dow dropped 0.55% as May CPI matched forecasts at 4.2% YoY, but energy-driven inflation and geopolitical jitters kept markets on edge, with AI stocks like SMCI falling sharply.
U.S. Stock Futures Decline as CPI and Iran Tensions Heighten Fed Uncertainty
U.S. stock futures dropped premarket as investors awaited May CPI data, expected to show the fastest annual inflation since April 2023, with tech stocks leading declines amid rising oil prices and U.S.-Iran tensions.
Tech Stocks Slide, Oil Surges After US Strikes on Iran; CPI in Focus
US stock futures declined and oil prices advanced following US military strikes on Iran, intensifying a selloff in technology shares. Markets are now focused on Wednesday's inflation data and the anticipated SpaceX IPO.
D-Wave Quantum Tumbles 9% as Speculative Tech Stocks Retreat Ahead of CPI Data
D-Wave Quantum shares dropped nearly 9% as a broad selloff in speculative tech stocks hit the sector, despite strong Q1 bookings. Revenue fell 81% and the company posted an $18.4 million loss.
Tech Selloff Deepens Ahead of CPI, IPOs; Nasdaq Slides 1.2%
U.S. stocks closed mixed Tuesday as a tech bounce faded, sending the Nasdaq down 1.21%. The S&P 500 fell 0.53%, while the Dow edged up. AI and chip stocks were volatile ahead of Wednesday's CPI report and a busy IPO calendar.
Bitcoin Dips to $61K as Traders Eye CPI Data for Fed Clues
Bitcoin fell to near $61,000, down 3%, as traders cut risk ahead of Wednesday's CPI report, which is expected to show 4.2% annual inflation, keeping rate hike fears alive.
Dow Slips as Tech Rebound Skips Blue Chips; Focus on CPI, Energy
The Dow slipped 104 points as a tech-led rally lifted the S&P 500 and Nasdaq, but blue chips lagged. Markets now eye Wednesday's CPI data and Middle East energy risks.
Chip Stocks Surge on Intel-Google Deal, Nasdaq Jumps Ahead of CPI
Chip stocks bounced back Monday, with Intel surging 8.5% on reports of a Google chip deal, powering a 1.43% Nasdaq gain ahead of Wednesday's key inflation data.
POET Technologies Plunges 23% as AI Chip Selloff Intensifies Ahead of CPI Data
POET Technologies shares plunged 23% Friday, ending the week 3.5% lower, as investors fled AI and semiconductor stocks ahead of key inflation data.
Nasdaq Futures Recover on Tech Buying Despite Hot CPI Data
Nasdaq 100 futures rebounded 0.82% premarket as chip stocks rallied on China visit hopes, but April CPI rose 0.6% month-over-month, keeping the Fed's tightening bias intact.
Dow Drops 298 Points as Hot CPI and Surging Oil Pressure Markets
The Dow dropped 298 points to 49,406 after April CPI rose 3.8% and oil surged above $100, curbing bets on Fed rate cuts. Goldman Sachs and Caterpillar led declines.
CPI Surge and Oil Spike End Wall Street's Record Rally
U.S. stocks retreated Tuesday after a hotter-than-expected April CPI report and a surge in oil prices to $107.72 halted Wall Street's record run. Markets now price zero Fed rate cuts in 2026.
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.
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.
S&P 500 and Nasdaq Close at Records; CPI Data in Focus
S&P 500 and Nasdaq close at records as AI-chip stocks rally. After-hours: BuzzFeed jumps on Byron Allen deal, GoPro rises on strategic review, Hims & Hers falls on unexpected loss.
Silver Rally Nears $80, Awaits CPI Data for Direction
Silver trades near $80 as traders await U.S. CPI data. A break above $83 could signal further gains, while failure risks a drop toward $70.
S&P 500 and Nasdaq Hit Records Ahead of CPI Data, AI Chip Stocks Surge
The S&P 500 and Nasdaq set record highs on Friday, fueled by AI chip stocks and a better-than-expected U.S. jobs report. Nvidia, Micron, and Sandisk rose sharply, while Cloudflare dropped 24%.
March CPI Surge Dampens Fed Rate Cut Expectations, Fueling Market Uncertainty
A sharp rise in consumer prices during March, led by a historic jump in gasoline costs, has clouded the Federal Reserve's policy outlook, pushing back expectations for interest rate reductions.
Markets Await CPI Data Amid Geopolitical Tensions and Oil Volatility
U.S. stock index futures traded slightly lower Friday morning as investors braced for the March Consumer Price Index report and monitored a fragile Middle East ceasefire. Brent crude hovered near $97 a barrel.
Gold Rebounds as Dollar Weakens, Traders Eye Iran Ceasefire and CPI Data
Gold prices advanced sharply on Thursday, buoyed by a softer U.S. dollar and lower Treasury yields. Market focus remains on geopolitical tensions and upcoming U.S. inflation figures.
Dow Drops 418 Points as Oil Supply Fears Eclipse Tame CPI Data
The Dow Jones Industrial Average declined 418 points Wednesday as investor focus shifted from benign inflation data to escalating oil supply risks stemming from Middle East conflict. Oracle stock jumped sharply on an upbeat revenue forecast.
Dollar Firms Ahead of US CPI Data as Geopolitical Tensions, Oil Surge Rattle Markets
The US dollar maintained strength against the euro, trading near 0.86 (EUR/USD ~$1.1615), as markets braced for US inflation data and grappled with oil supply fears. The euro has declined roughly 1.5% since the late-February attack on Iran.
XRP Consolidates Near $1.38 Amid Australian License Bid and CPI Caution
XRP held near $1.38, retreating from a $1.44 peak, as Ripple moved to acquire a payments firm for an Australian license. The broader cryptocurrency market declined ahead of key U.S. inflation figures.
CPI Report Awaited as Oracle Surges, Oil Volatility Rattles Markets
Wall Street futures were muted early Wednesday as investors braced for the February Consumer Price Index report. Oracle shares surged premarket after lifting its revenue target, while oil prices recovered from a steep sell-off.
Meta Faces CPI, Regulatory Hurdles, and Soaring AI Costs
Meta shares declined amid EU regulatory pressure and ballooning AI infrastructure costs, with investors shifting focus to upcoming U.S. inflation reports and global market cues.
SanDisk Plunges 17% Ahead of Key Conference, CPI Data
SanDisk shares dropped 6.8% on Friday, closing at $527.33, marking a 17% weekly decline. The selloff extended across memory and storage stocks, with Micron, Western Digital, and Seagate also posting losses.
Apple's March 11 Launch and CPI Data Set to Test Investor Sentiment
Apple shares closed at $257.46 ahead of a critical week featuring new product launches and the February CPI report. The company's strategic push into lower-priced hardware faces a market test amid inflation concerns.
NAB Earnings Surge Lifts Shares; Westpac Slips as Market Eyes CPI
National Australia Bank surged to a record high following strong quarterly earnings, while Westpac shares declined. The market's focus now shifts to upcoming inflation data.
Markets Pause for Holiday as Investors Eye CPI, Fed Minutes, Walmart
U.S. equity markets were closed Monday for the Presidents Day holiday, pausing after a mixed Friday session. Investors are assessing cooler inflation data and preparing for a week packed with Federal Reserve insights, economic reports, and earnings from retail giant Walmart.