European stocks drift lower as Hormuz tensions and U.S. data dominate
The FTSE 100 and continental indices slipped as traders weighed reported Iranian pressure on shipping through the Strait of Hormuz against a weakening U.S. labour market picture.
United States
US macro, policy and market structure.
112 report(s) in the archive
Oil advances as Strait of Hormuz reopening remains out of reach
Crude prices rose on continued disruption at the Strait of Hormuz and Houthi attacks on shipping, while U.S. equity futures held near flat as hopes for a quick reopening faded.
Imricor logs minimal revenue as U.S. commercial launch begins
Imricor reported negligible first-half revenue but said it had secured additional FDA clearances as it starts selling its MRI-guided cardiac ablation products in the United States.
Treasury Wine takes $395 million charge on US supply chain overhaul
Treasury Wine Estates announced a $395 million charge linked to a restructuring of its United States supply chain.
Trump Names Will Scharf White House Counsel
President Donald Trump has appointed Will Scharf as White House counsel, according to reports.
Oil Firms, Stock Futures Flat as Hormuz Reopening Doubts Persist
Fresh Iranian demands cast doubt on a near-term reopening of the Strait of Hormuz, lifting crude prices while U.S. equity futures held steady ahead of key inflation data. Tehran also replaced the head of its Supreme National Security Council mid-negotiation.
Investors look to inflation data and Cisco, Super Micro results in the week ahead
Upcoming U.S. inflation figures and earnings from Cisco, Super Micro Computer, Rocket Lab and Tapestry are among the events on investors' calendars this week.
Lake Mead falls to lowest level on record
Lake Mead, the largest U.S. reservoir by storage capacity, has dropped to its lowest recorded level as a prolonged drought continues across the American West.
Seattle moves on first-of-its-kind ban on grocery 'surveillance pricing'
Seattle's mayor is advancing a proposal that would bar grocery retailers from setting prices using individual consumer data, a measure described as the first of its kind in the United States.
Poll: Three in Five Americans Back Tighter Social Media Oversight
A Reuters/Ipsos survey found 60% of Americans support stronger government regulation of social media companies.
Iran Says Oman-Brokered Deal on Hormuz Is in 'Final Stages'
Tehran said an agreement mediated by Oman is close to completion but placed the onus on Washington to act to reopen the Strait of Hormuz, as markets weigh the consequences of a reopening.
Apple Tests Chinese Memory Chips from CXMT Amid AI-Driven Supply Crunch
Apple is evaluating DRAM from China's ChangXin Memory Technologies for use in iPhones and MacBooks as AI demand tightens global memory supply, according to a Wall Street Journal report.
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