Market News
Financial market updates and analysis from CPT Markets.
News archive
- Market update
Wall Street Faces a Double Blow From AI Fears and Rising Oil Prices
US stocks ended lower on Thursday, led by a sharp decline in technology shares as investors reassessed the outlook for AI-related spending. The Nasdaq Composite fell 2.60% to 26,008.86, recording its largest…
- Market update
Oil Rises on Saudi Attacks as Dollar Pauses and Stocks Advance
Oil prices rose on Thursday after attacks in Saudi Arabia prompted the United States to order some diplomats and family members to leave its missions in the Kingdom. Brent crude futures gained 1.2% to $110.11…
- Market update
Gold Edges Lower as Fed Rate Outlook Clouds Markets
The US dollar remained under pressure on Wednesday after falling to a three-week low in the previous session, as lower Treasury yields and crude oil prices weighed on the currency. The US Dollar Index (DXY)…
- Market update
Dollar Recovers, Yen Holds Steady as Gold and Oil Slip
The DXY rose 0.2% to 101.98 in the previous session, ending a two-day losing streak . In early Asian trading on Tuesday, 20 October, the US dollar traded broadly sideways as higher-yielding currencies gained…
- Market update
Dollar Firms as Euro Weakens and Oil Slips on Russia Waiver
The US dollar edged higher from near its lowest levels of the month on Monday as violent protests in France weighed on the euro. The common currency fell 0.1% to $1.1225, helping steady the US Dollar Index…
- Market update
US Stocks Rise as Investors Rotate Beyond AI, Oil Edges Lower
US stocks closed higher on Thursday, 15 October, as investors moved away from some AI-related shares towards healthcare and consumer companies. The S&P 500 rose 0.33% to 7,744.06, the Nasdaq Composite gained…
- Market update
Oil Falls Amid Sanctions Relief Hopes and Shifting Market Sentiment
Brent crude futures fell $1.39, or 1.31%, to $104.67 a barrel, while US West Texas Intermediate (WTI) crude futures declined $1.02, or 1.07%, to $94.07 by 0116 GMT on Thursday. Both benchmarks reversed gains…
- Market update
Oil Rises as Supply Risks Offset Hopes for Russian Diesel Exports
Oil prices rose on Wednesday as traders assessed supply risks linked to fighting between Yemen's Iran-allied Houthis and Saudi Arabia, while expectations of increased Russian diesel exports limited the…
- Market update
Dollar Holds Near 18-Month High as Oil Rises and US Stocks Close Mixed
The US dollar held near an 18-month high on Monday as escalating tensions in the Middle East supported demand for safe-haven assets. The US Dollar Index (DXY) rose 0.37% to 102.58, its highest level since…
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