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Jun 13, 2025 6:07 PM ISTUS Stock Market LIVE Updates: Airline Stocks Slide After Israel-Iran Strikes Shut AirspaceAirline stocks declined around the world on Friday after Israel launched airstrikes across Iran, forcing several countries in the Middle East to close their airspace to commercial flights.   Airlines were the worst-performing sector in Europe, with Air France-KLM, Deutsche Lufthansa AG and British Airways parent IAG SA sliding over 3%. Discount carriers Ryanair Holdings Plc, EasyJet Plc and Wizz Air Holdings Plc posted similar declines. In Asia, Japan Airlines Co. dropped 3.7%,...

Jun 12, 2025 10:23 PM ISTUS Stock Market LIVE Updates: Trump Says US Government Will Get ‘Golden Share’ in US SteelUS President Donald Trump said the US government will retain a “golden share” in United States Steel Corp. after its purchase by Japan’s Nippon Steel Corp.   “We have a golden stock, we have a golden share, which I control, or a president controls,” Trump said Thursday at a White House event. “That gives you total control.”   Shares of US Steel surged as high as $54.13 after Trump’s comments,...

Jun 11, 2025 8:27 PM ISTUS Stock Market LIVE Updates: BPCE Is Said to Lead Bidding for Lone Star-Backed Novo BancoFrench banking group BPCE has emerged as the leading bidder to acquire Portuguese lender Novo Banco SA from Lone Star Funds, people with knowledge of the matter said.   BPCE has pulled ahead of its main rival in the bidding, Spain’s CaixaBank SA, and is trying to hammer out terms of a deal, the people said. Lone Star has also been considering a potential listing of Novo Banco and hasn’t...

Inflation didn't pickup as much as Wall Street expected in May. The latest data from the Bureau of Labor Statistics showed that consumer prices increased 2.4% over the prior year in May, an increase from April's 2.4% and in line with economists' forecast for 2.4%. But all other closely watched metrics from the release came in below expectations. On a month-over-month basis, prices increased 0.1%, lower than the 0.2% estimated by economists and the 0.2% increase seen in April. On a "core" basis, which strips out the more volatile costs...

US stock futures wavered as Wall Street digested the progress on US-China trade negotiations, a fresh legal ruling on President Trump tariffs, and braced for the release of the May inflation report. Futures attached to the Dow Jones Industrial Average (YM=F), the benchmark S&P 500 (ES=F), and the tech-heavy Nasdaq 100 (NQ=F) hovered just below baseline. On Tuesday, representatives from the US and China reached an agreement on a framework and implementation plan to ease trade tensions between the two countries. “We have reached a framework to implement the Geneva...

Jun 9, 2025 8:33 AM ISTUS Stock Market Live: What Happened On FridayAll three key benchmarks on Wall Street jumped last Friday, after the non-farm payrolls data came in better-than-expected. US payrolls climbed 1,39,000 in May, the Bureau of Labor Statistics reported Friday, above the Dow Jones forecast of 1,25,000 for the month but less than the downwardly revised 1,47,000 in April. The Dow Jones Industrial Average popped 443.13 points, or 1.05%, to close at 42,762.87. The blue-chip index was up more than 600 points at its highs of the...

US Stock Market Live: Futures on Wall Street are trading with some green after a disappointing session on Thursday. Currently, the Dow futures are up 60 points, while the S&P 500 futures are at the flat line. Nasdaq futures are down 50 points. The Dow Jones fell 100 points yesterday, while Tesla's crash weighed on the other two indices. Watch this space for all the Live updates.US Stock Market Live: Futures on Wall Street are trading with some green after a disappointing session on Thursday. The phone call between US...

Jun 5, 2025 4:04 PM ISTUS Stock Market Live: US Treasury Yields Hold Steady After Sharp Drop on Weak Economic DataUS Treasury yields remained largely unchanged on Thursday after falling sharply the previous day due to weaker-than-expected economic indicators. The 2-year and 10-year yields each rose by less than one basis point, while the 30-year yield was flat at 4.89%. Wednesday’s decline followed data showing a surprise contraction in the services sector in May, with activity falling to 49.9%, below the 52.1% forecast. Additionally, private sector payrolls rose by just...

Jun 5, 2025 2:55 PM ISTUS Stock Market Live: How Are Oil Prices FaringOil held a drop on signs Saudi Arabia is seeking another big production increase at next month’s OPEC+ meeting, in a bid for market share that could worsen a glut expected later this year. Brent traded below $65 a barrel after losing 1.2% in the previous session, while West Texas Intermediate was under $63. The kingdom wants the Organization of the Petroleum Exporting Countries and its allies to continue to add at least 411,000 barrels a day...

US Stock Market LIVE Updates: Futures on Wall Street are pointing towards another positive start for the benchmark indices after the job openings data surprised on the positive side on Tuesday, leading to the indices ending at the day's high. The Dow futures are currently up 75 points, while the S&P 500 and Nasdaq futures are up 10 points and 25 points respectively.US Stock Market LIVE Updates: Futures on Wall Street are pointing towards another positive start for the benchmark indices after the job openings data surprised on the positive...