J.P. Morgan Lifts S&P 500 Target on AI-Driven Earnings Outlook
J.P. Morgan’s Revised S&P 500 Outlook On Monday, J.P. Morgan increased its year-end target for the S&P 500 to 8,000, implying about 3.1% upside from the index’s last close of 7,757.64. The new projection adds to a broader wave of...
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Gold Extends Gains as Hormuz Tensions Offset Fed Policy Concerns
At 01:04 ET (05:04 GMT), spot gold (XAU/USD) rose 0.6% to $4,264.22 an ounce, while Gold Futures gained 0.6% to $4,323.07. Silver (XAG/USD) advanced 1.2% to $62.26 an ounce, and platinum (XPT/USD) climbed 0.6% to $1,740.05. Geopolitical Tensions Around Hormuz...
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Oil prices rise as Strait of Hormuz reopening optimism fades
As of 20:33 ET (00:33 GMT), Brent Oil Futures expiring in October rose 1.4% to $83.65 per barrel, while West Texas Intermediate (WTI) crude futures climbed 1.3% to $78.26 per barrel. In the previous session, Brent and WTI futures had...
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US Inflation Eases in June as Energy Pressures Recede
Headline Inflation Sees First Decline in Five Months According to the latest CPI data for June 2026, the annual inflation rate decreased to 3.5%, down from 4.2% in May. This outcome came in below analysts’ expectations of 3.8%. On a...
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Russia Enacts Comprehensive Law Regulating Cryptocurrency Market
New Regulatory Framework for Crypto Trading The new law introduces formal rules for crypto exchanges, custodians, brokers, clearing houses, investors, and other market participants. While providing legal structure for trading and market infrastructure, it maintains the existing prohibition on the...
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