FINWIRES · TerminalFinancial News · Live TerminalLIVE

Financial News · Live Terminal

Page 36 of 43

Showing 701-720 of 847

«Previous 1…35 36 37…43 Next »

FINWIRES · TerminalEst. 2026 · Global Newsroomv1.0

FINWIRES

Real-time financial news in 4 languages.

Navigation

Home
About
Contact

Legal

Privacy Policy
Terms of Service

Connect

RSS Feed

© 2026 FINWIRES. All rights reserved.

#0A0A1F · #FFFFFF · #00D4FF

Sector Update: Financial

Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index up 0.4% and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.9%.The Philadelphia Housing Index was falling 2.1%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was decreasing 0.2%.Bitcoin (BTC-USD) was shedding 0.2% to $74,031, and the yield for 10-year US Treasuries was rising 2.7 basis points to 4.28%.In corporate news, Morgan Stanley (MS) on Wednesday posted stronger-than-expected Q1 results as sharp gains in investment banking and trading activity helped boost revenue to a record. Its shares climbed past 4%.

Sector Update: Health Care

Health care stocks declined Wednesday afternoon, with the NYSE Health Care Index and the State Street Health Care Select Sector SPDR ETF (XLV) each shedding 0.9%.The iShares Biotechnology ETF (IBB) decreased 0.4%.In corporate news, Janux Therapeutics (JANX) lacks near-term stock-moving catalysts after it came under pressure following mixed results from the phase 1a trial of JANX007 in 5L metastatic prostate cancer, UBS said in a report. UBS downgraded the stock to neutral from buy and lowered its price target to $15 from $57. Janux shares were down 3%.

Sector Update: Consumer

Consumer stocks were mixed Wednesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) rising 1.2%.In corporate news, Domino's Pizza's (DPZ) Q1 results will likely miss Wall Street's estimates, with economic challenges expected to drive a downgrade to the pizza restaurant operator's same-store sales outlook for the US, RBC Capital Markets said in a note. Domino's Pizza shares were down 0.2%.

Sector Update: Tech

Tech stocks were mixed Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 0.4% and the State Street SPDR S&P Semiconductor ETF (XSD) decreasing 0.3%.The Philadelphia Semiconductor index fell 1.4%.In corporate news, Snap (SNAP) plans to lay off about 1,000 employees, or roughly 16% of its full-time workforce, as part of Chief Executive Evan Spiegel's efforts to reduce costs. Snap shares jumped past 5%.

US Total Crude Oil Stocks Fall in Week Ended April 10, Led by Drop in SPR Holdings

US crude oil stocks, including those in the Strategic Petroleum Reserve, declined by 5.1 million barrels in the week ended April 10 following an increase of 1.3 million barrels in the previous week.Excluding inventories in the SPR, commercial crude oil stocks fell by 900,000 barrels after a 3.1-million-barrel increase in the previous week, compared with the 1.9-million-barrel increase expected in a survey compiled by Bloomberg.Stocks in the SPR declined by 4.1 million barrels in the week after falling by 1.7 million in the previous week.Overall crude oil stocks were down 0.6% from the previous week but were still up 3.9% from a year earlier. Crude oil inventories are about 1% above the five-year average for this time of the year.Gasoline stocks fell by 6.3 million barrels, larger than the 2.0-million-barrel decrease expected. Gasoline stocks were down 2.6% from the previous week, and 0.5% lower from a year earlier.Distillate stocks fell by 3.1 million barrels in the current week, compared with an expected decrease of 2.1 million barrels. Distillate stocks were down 2.7% from the previous week but were still 2.1% higher than in the same week a year ago.Refineries operated at 89.6% of their capacity, down from 92.0% in the previous week.

US Total Weekly EIA Crude Oil Stocks Fall by 5.1 Million Barrels After Prior 1.3 Million Increase

Natural Gas Steady At An 18-Month Low as Mild Temperatures Cut Into Demand

Natural gas was steady at an 18-month low early on Wednesday as mild weather limits demand for the fuel.Gas for May delivery was last seen unchanged at $2.60 per million British thermal units, the lowest since October, 2024.Mild spring temperatures continue to cut into demand for the fuel, keeping inventories robust. The Energy Information Administration last week reported gas stocks were 4.8% above the five-year average. "An exceptionally mild end to winter and a warm start to spring (is) pointing to a growing storage surplus in the weeks ahead," Saxo Bank noted.Long-term forecasts from the National Weather Service expect most states east of the Rocky Mountains to see seasonal or warmer temperatures over its six to 10 day outlook.

Sector Update: Energy Stocks Lean Lower Premarket Wednesday

Energy stocks were leaning lower premarket Wednesday, with the State Street Energy Select Sector SPDR ETF (XLE) declining by 0.3%.The United States Oil Fund (USO) was down 0.1% and The United States Natural Gas Fund (UNG) was 0.3% lower.Front-month US West Texas Intermediate crude oil was 0.9% higher at $92.10 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose 0.5% to $95.30 per barrel, and natural gas futures were up 0.4% at $2.61 per 1 million British Thermal Units.Borr Drilling (BORR) shares were down more than 2% after the company priced a $260 million offering of 3.50% senior notes due 2033.NOV (NOV) stock was down more than 2% after the company said disruptions linked to the war in the Middle East are expected to weigh on its Q1 results, with revenue and earnings coming in below prior guidance due to logistical challenges and delayed equipment deliveries in the region.

$BORR$NOV$UNG$USO$XLE

Gold Edges Lower as the Dollar Rises Amid Violence in the Middle East

Gold moved lower early Wednesday as the dollar edged higher, keeping the price of the precious metal rangebound amid faltering hopes for lower U.S. interest rates as the war on Iran pushes up energy prices. Gold for May delivery was last seen down $15.50 to US$4,834.60 per ounce.The metal has been trading in a narrow range for the past three weeks, as its reputation as a store of value falters with the war on Iran keeping 20% of daily oil demand from the market, raising prices and threatening to boost inflation and raise interest rates, bearish for a commodity that pays no interest. "A sustained breakout likely depends on further constructive developments in the Middle East," Saxo Bank noted.The dollar edged higher early, with the ICE dollar index last seen up 0.06 points to 98.18. Treasury yields rose, with the U.S. two-year note last seen paying 3.768%, up 1.1 basis points, while the yield on the 10-year note was up 1.8 points to 4.272%.

Sector Update: Financial Stocks Rise Premarket Wednesday

Financial stocks were rising premarket Wednesday, with the State Street Financial Select Sector SPDR ETF (XLF) advancing by 0.4%.The Direxion Daily Financial Bull 3X Shares (FAS) was 1.4% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 1.4%.Bank of America (BAC) stock was up 2.2% after the company reported higher Q1 earnings and net revenue.Morgan Stanley (MS) shares were up 2.8% after the company posted higher Q1 earnings and net revenue.First Horizon (FHN) stock was up about 3% after the company reported higher Q1 adjusted earnings and revenue.

$BAC$FAS$FAZ$FHN$MS$XLF

Sector Update: Health Care Stocks Rise Pre-Bell Wednesday

Health care stocks were rising pre-bell Wednesday with the State Street Health Care Select Sector SPDR ETF (XLV) 0.1% higher and the iShares Biotechnology ETF (IBB) up 0.4%.Mesoblast (MESO) shares were up more than 4% after the company said it acquired an exclusive worldwide license to a chimeric antigen receptor technology platform for augmentation of therapeutic mesenchymal lineage stromal cell products.ARS Pharmaceuticals (SPRY) stock was up more than 1% after the company said Health Canada has approved its neffy 2mg nasal spray for the emergency treatment of anaphylaxis.Immutep (IMMP) shares rose by more than 178% after the company said the US Food and Drug Administration has granted orphan drug designation to eftilagimod alfa for the treatment of soft tissue sarcoma, a rare cancer.

$IBB$IMMP$MESO$SPRY$XLV

Sector Update: Consumer Stocks Mixed Pre-Bell Wednesday

Consumer stocks were mixed pre-bell Wednesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) advancing by 0.2%.Stellantis (STLA) stock was up nearly 4% after the company said its Q1 estimated consolidated shipments totaled 1.4 million units, up 12% from a year earlier. Separately, Bloomberg News reported that Stellantis is considering reviving a partnership with Dongfeng Motor, under which the companies would jointly produce cars in Europe and China.BRP (DOO) shares were down more than 26% after the company said it is suspending its full-year 2027 guidance following a recent amendment to US rules for tariffs on steel, aluminum, and copper imports which became effective earlier this month.Mama's Creations (MAMA) shares were up more than 7% after the company posted higher fiscal Q4 earnings and revenue.

$DOO$MAMA$STLA$XLP$XLY

Sector Update: Tech Stocks Mixed Premarket Wednesday

Technology stocks were mixed premarket Wednesday, with the State Street Technology Select Sector SPDR Fund (XLK) slightly lower and the State Street SPDR S&P Semiconductor ETF (XSD) up 0.5%.Snap (SNAP) shares were up more than 7% after the company said it will cut about 16% of its global workforce, roughly 1,000 employees, to generate over $500 million in annualized cost savings.ASML Holding (ASML) shares were down more than 2% after the company issued Q2 sales outlook below analysts' expectations.Uber Technologies (UBER) has committed more than $10 billion to purchasing autonomous vehicles and picking up stakes in their developers, the Financial Times reported. Uber Technologies stock was up more than 1% pre-bell.

$ASML$SNAP$UBER$XLK$XSD

Sector Update: Energy

Energy stocks were leaning lower premarket Wednesday, with the State Street Energy Select Sector SPDR ETF (XLE) declining by 0.1%.The United States Oil Fund (USO) was up 0.6% and the United States Natural Gas Fund (UNG) was 0.4% higher.Front-month US West Texas Intermediate crude oil was 0.4% higher at $91.60 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose 0.6% to $95.32 per barrel, and natural gas futures were up 0.3% at $2.61 per 1 million British Thermal Units.Borr Drilling (BORR) shares were down more than 1% after the company priced a $260 million offering of 3.50% senior notes due 2033.

Sector Update: Financial

Financial stocks were rising premarket Wednesday, with the State Street Financial Select Sector SPDR ETF (XLF) advancing by 0.4%.The Direxion Daily Financial Bull 3X Shares (FAS) was 1.2% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 1.1%.Bank of America (BAC) stock was up more than 1% after the company reported higher Q1 earnings and net revenue.

Sector Update: Health Care

Health care stocks were advancing pre-bell Wednesday with the State Street Health Care Select Sector SPDR ETF (XLV) and iShares Biotechnology ETF (IBB) up 0.1%.Mesoblast (MESO) shares were up more than 4% after the company said it acquired an exclusive worldwide license to a chimeric antigen receptor technology platform for augmentation of therapeutic mesenchymal lineage stromal cell products.

Sector Update: Consumer

Consumer stocks were edging higher pre-bell Wednesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) up 0.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) marginally advancing.Stellantis (STLA) stock was up more than 4% after the company said its Q1 estimated consolidated shipments totaled 1.4 million units, up 12% from a year earlier. Separately, Bloomberg News reported that Stellantis is considering reviving a partnership with Dongfeng Motor, under which the companies would jointly produce cars in Europe and China.

Sector Update: Tech

Technology stocks were advancing premarket Wednesday, with the State Street Technology Select Sector SPDR Fund (XLK) slightly higher and the State Street SPDR S&P Semiconductor ETF (XSD) up 0.5%.Snap (SNAP) shares were up more than 7% after the company said it will cut about 16% of its global workforce, roughly 1,000 employees, to generate over $500 million in annualized cost savings.

Oil Edges Higher as Supply Worries Continue Even as Trump Claims the War is "Close to Over"

Oil prices edged higher early even as U.S. President Trump again declared the war on Iran is near an end as traders continue to scramble for supply with the closure of the Strait of Hormuz keeping a fifth of daily supply off the market.West Texas Intermediate crude oil for May delivery was last seen up US$0.88 to US$92.16 per barrel, while June Brent oil was up US$0.81 to US$95.58.The rise comes despite Trump's comments to a U.S. television network that the war was "close to over", according to the New York Times, while on Tuesday saying he expected negotiations with Iran to soon continue.Still, the Strait of Hormuz remains closed to most shipping, keeping 20% of daily oil demand from the market, as Iran continues to forbid tankers from transiting the waterway while the United States blockades Iranian ports."Iran's own blockade of non-Iranian oil keeps most crude inside the Gulf, while the US blockade now prevents Iranian crude from getting out. i.e., the (Strait of Hormuz) is theoretically closed from both sides (with some ships sailing through). The only meaningful ME (Middle Eastern) oil reaching the global market is Saudi Arabia's pipeline exports through Yanbu to the Red Sea," Ole Hvalbye, a commodities analyst at SEB Research, wrote.Despite the supply shock, U.S. inventories continue to rise, limiting oil's rise. In its weekly survey released Tuesday, the American Petroleum Institute said U.S. oil stocks rose by 6.1-million barrels last week, while the consensus estimate expected a drop of 1.3-milllion barrels, according to Investing.com. The Energy Information Adminstration will release official inventory data later on Wednesday morning.

$CLK6$LCOM6$USO

NY Crude Up 1% at US$92.20 and Brent Crude Up 1.25% at Near US$96

$CLK6$LCOM6$USO