SpaceX has reached a milestone nearly two decades in the making. The company, after completing a successful roadshow and pricing its offering, begins trading today on the Nasdaq under the ticker SPCX at $135 per share. At roughly 555.6 million shares and a ~$75 billion raise, that implies a
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US Markets US equity markets witnessed a sharp rebound in Thursday’s session, with the SPX index recovering 1.83% and the NDX index jumping 3.40% by closing. Both indices trade relatively flat during the Asian session on Friday and are now about 3% and 4.45% lower than their all-time highs achieved earlier in the month. Markets […]
The European Central Bank raised interest rates for the first time after three years. The deposit rate was lifted to 2.25% from 2%. The hike is the first policy response by a major central bank to the spike in oil prices triggered by the conflict in the Middle East. However, the President, Christine Lagarde, struck […]
US Markets US equity markets witnessed yet another day of weakness with the SPX index falling 1.65% and the NDX index dipping 2.29% by closing on Wednesday. The Asian session on Thursday is seeing some support for both indices, with the SPX trading 0.57% higher and the NDX trading 0.98% higher. With this, the indices […]
US Markets US equity markets staged a recovery on Monday after a s steep fall at the end of last week, with the SPX index rising 0.62% and the NDX index recovering 2.11%. The strength seems to be continuing during the Asian session on Tuesday, with the SPX up 0.4% and the NDX up 0.83%. […]
U.S. Markets US equity markets fell sharply on Friday, with the SPX closing 2.92% lower and the NDX closing 5.12% lower, marking one of the worst falls in history for the index. Both indices have stabilised during the Asian session on Monday, with the SPX index trading higher, up 0.81%, while the NDX index is […]
U.S. Markets U.S. stock futures traded lower on Friday as investors awaited the release of the May Nonfarm Payrolls report for fresh insight into labor market conditions and the likely path of Federal Reserve policy. At the time of writing, the S&P 500 is down 0.41%, while the Nasdaq 100 is lower by 0.83%. Last […]
U.S. Markets The S&P 500 is up this morning after the index snapped a nine-day win streak in the last session. At the time of writing, the SPX is up 0.12%, whereas the NDX is up 0.03% as investors balance AI earnings. Technology stocks remain in focus after Broadcom’s earnings release yesterday. Its shares fell […]
U.S. Markets U.S. stock futures were little changed today after the major indexes closed at fresh record highs in the previous session. At the time of writing, the S&P 500 is down 0.11%, while the Nasdaq 100 is lower by 0.15%, as investors pause following a strong run higher. The broad-based S&P 500 gained 0.13% […]
As US-Iran negotiations move toward a final and permanent ceasefire resolution, two constituencies are watching closely — global markets, where a deal could mean lower oil prices and renewed equity momentum, and Dubai’s real estate sector, where the restoration of transactional confidence would likely support a broader normalization of market activity. Against that
U.S. Markets U.S. stock futures were little changed on Tuesday after the major averages kicked off June at fresh record highs. At the time of writing, the S&P 500 is down 0.08%, while the Nasdaq 100 is trading flat as investors take a breather following Monday’s AI-led rally. Technology stocks led gains in the previous […]
U.S. Markets U.S. equity futures advanced on Monday as Wall Street looked to begin June on a strong footing after ending May at record highs. At the time of writing, the S&P 500 is up 0.38%, while the Nasdaq 100 gains 0.67%. The major averages wrapped up a strong month, supported by easing geopolitical tensions […]
Crude Oil WTI crude fell by over 4% in yesterday’s session on optimism about a possible U.S.–Iran agreement. WTI rebounded strongly in today’s session, rising over 2% to trade near $93.93, while Brent climbed 2.2% above $98.5 as renewed military escalation between the U.S. and Iran revived concerns over supply disruptions through the Strait of […]
U.S. Markets U.S. equity markets remain constructive, with the S&P 500 holding near 7,515 after recently breaking above its previous all-time high zone near 7,500. Since U.S. markets were closed yesterday for Memorial Day, trading activity remained limited, and there was no major cash-market volatility to change the broader technical structure. The broader tone still
U.S. Markets U.S. equity markets continue to push higher, with the S&P 500 breaking out to fresh all-time highs as easing oil prices, softer bond yields, and growing optimism around a potential U.S.–Iran agreement continue to support risk sentiment. The SPX is now trading near 7,550, after successfully breaking above its previous all-time high zone […]
U.S. Markets The S&P 500 ended Thursday’s trading session 0.17% up, continuing Wednesday’s momentum, as investors focused on hopes for Middle East peace, while oil prices and bond yields retreated. Markets remained highly sensitive to geopolitical headlines throughout the week. Unresolved issues around Iran’s uranium program and control of the Strait of Hormuz continue
Dubai’s latest economic stimulus measures are expected to reinforce investor confidence, support business continuity, and accelerate growth across sectors ranging from real estate and construction to tourism, logistics, education, and culture. His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum recently approved a new AED1.5 billion economic incentives package
U.S. Markets The S&P 500 ended Tuesday’s trading session 0.65% lower and marks its third day in the red as bond yields still remain elevated. On Tuesday, the 30-year U.S. Treasury yield topped 5.19%, marking its highest level in nearly 19 years. The 10-year Treasury yield at one point hit 4.687% to reach its highest level since January 2025. […]
U.S. Markets The S&P 500 ended Tuesday’s trading session 0.65% lower and marks its third day in the red as bond yields still remain elevated. On Tuesday, the 30-year U.S. Treasury yield topped 5.19%, marking its highest level in nearly 19 years. The 10-year Treasury yield at one point hit 4.687% to reach its highest […]
Crude Oil Oil edged lower after President Trump said he would postpone a planned strike on Iran that was scheduled for Tuesday, allowing time for further negotiations. Additionally, Washington also suggested a temporary waiver on the oil sanctions imposed on Iran until a deal was finalized. After gaining 2.6% in yesterday’s session, Brent dipped to around $110 per barrel











