Friday, 6 November 2026
Independent coverage of global markets, trade and finance
U.S. equities traded higher on Friday, led by a 100-point gain in the Dow Jones Industrial Average. The broader market showed mixed signals as technology stocks slipped while communication services rallied.
The S&P 500 Index ($SPX) (SPY) closed unchanged on Tuesday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.36%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.82%. December E-mini S&P futures (ESZ…
Talk of SpaceX going public is sending the stocks of its partners and investors soaring. After multiple outlets reported earlier this month that SpaceX could pursue an IPO as soon as next year, The Wall Street Journal r…
Oil fell Wednesday, amid optimism that supply disruptions would ease following U.S.-Iran talks, which raised hopes of a diplomatic solution to the conflict in the Middle East.
Qantas Airways plans to start selling seats on its first nonstop between New York and Sydney next August, with flights set to launch in 2028, as the Australian carrier fills out the details for another marathon route wi…
October NY world sugar #11 (SBV26) closed up +0.11 (+0.63%) on Tuesday, and December London ICE white sugar #5 (SWZ26) closed up +0.40 (+0.08%).
The S&P 500 Index ($SPX) (SPY) closed unchanged on Tuesday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.36%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.82%. December E-mini S&P futures (ESZ…
“I draw from my IRA as needed for household repairs, trips and other larger expenses.”
Shares of South Korean solar companies Hanwha Solutions and OCI Holdings jumped more than 8% on Wednesday, as U.S. restrictions on Chinese solar products came into focus ahead of the Trump-Xi summit.
The Commodity Futures Trading Commission advised some of its regulated entities on Tuesday that prediction markets' "mentions" contracts are at greater risk of manipulation.
Royal Caribbean is nearing a $3 billion deal to take a 50% equity stake in Sandals, according to a person familiar with the matter.
State and federal regulators are rushing to fill the void in U.S. cryptocurrency regulation after the Clarity Act, a comprehensive set of proposed rules for digital assets, stalled in the Senate.
The Trump administration is looking at whether a diesel export ban would help ease record high prices for the critical fuel, Treasury Secretary Scott Bessent said Tuesday.
In trading on Tuesday, shares of Chimera Investment Corp's 7.75% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Symbol: CIM.PRC) were yielding above the 10% mark based on its quarterly dividend (…
WHAT’S HAPPENING TODAY: Good afternoon and Happy First Day of Fall! Today also marks a very special day: the official start of Fat Bear Week. If you’ve been reading Daily on Energy the last couple years, you’ll know thi…
Live cattle futures are slipping back on Tuesday, with contracts down $2.40 to $2.85 at midday. Cash trade has started out on the quieter side this week, with feedlots compiling showlists.
October WTI crude oil (CLV26) is down -0.17 (-0.18%) today, and October RBOB gasoline (RBV26) is up +0.0673 (+1.94%).
Berkshire Hathaway has gone on a buying spree in beleaguered homebuilder Lennar, accumulating a 10% stake.
President made more than 440 purchases and 700 sales despite voter anger over elected officials trading stocks
In trading on Tuesday, shares of Dynex Capital Inc's 6.90% Series C Fix/Float Cumulative Redeemable Preferred Stock (Symbol: DX.PRC) were yielding above the 9.5% mark based on its quarterly dividend (annualized to $2.43…
The Centers for Medicare and Medicaid Services said on Tuesday it canceled roughly 315,000 Affordable Care Act marketplace enrollments covering about 760,000 people last month, alleging "rampant fraud" and improper enro…
The dollar index (DXY00) climbed to a 7-week high today and is up by +0.10%. The dollar found support today on hawkish comments from Boston Fed President Susan Collins, who said she saw inflation remaining above 2%, sug…
Cisco stock dropped about 5% on Tuesday as Piper Sandler cut its price target for the networking equipment vendor to a share price of $125 from a prior $132.
Worthington Enterprises (NYSE:WOR - Get Free Report) issued its earnings results on Tuesday. The industrial products company reported $0.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates…