Markets
China grows at one of lowest rates on record; Thames Water has funds to survive to year end – business live
Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.
Markets
Markets
Why is China National Building Material stock plunging today?
Shares of semiconductor machinery manufacturer Applied Materials (NASDAQ:AMAT) fell 3.4% in the afternoon session following a rally the previous week as geopolitical tensions between the US and China increased over arti…
Markets
Soybeans On the Lower Side at Tuesday’s Midday
Soybeans are showing 1 to 3 ¼ cent losses at midday. The cmdtyView national average Cash Bean price is down 3 cents $11.47 3/4. Soymeal futures are down a dime, with Soy Oil futures 49 points lower. July futures expire …
Markets
Why Europe is suddenly betting big on drones
Europe has spent years rebuilding its military in response to Russia's invasion of Ukraine. Now, investment is increasingly converging around one technology that is seen as central to the continent's future security: dr…
Markets
Soybeans Slip Lower on Tuesday
Soybeans closed Tuesday with contracts 1 to 4 cents lower, as July expired with a 5 ¼ cent gains at $12.07 ¼. The cmdtyView national average Cash Bean price was down 3 3/4 cents $11.46. Soymeal futures saw late strength…
Markets
Corn Facing Midday Losses, Still Off Early Lows
Corn futures are trading with contracts down 2 to 2 ½ cents so far at midday. July futures expire today. The CmdtyView national average Cash Corn price is 2 cents lower at $4.08.
Markets
Microsoft CEO adds fuel to Palantir CEO’s AI warning
What has happened amid all the FOMO and paranoia is that users have begun sharing virtually everything deemed "confidential" under the sun in search of answers.
Markets
Soybeans Slip Lower on Tuesday
Soybeans closed Tuesday with contracts 1 to 4 cents lower, as July expired with a 5 ¼ cent gains at $12.07 ¼. The cmdtyView national average Cash Bean price was down 3 3/4 cents $11.46. Soymeal futures saw late strength…
Markets
Wheat Back to Rallying on Tuesday
The wheat complex is trading with gains across the three exchanges at midday. Chicago SRW contracts are up 10 to 12 cents higher so far on the day. KC HRW futures are 10 to 12 cents at midday. MPLS spring wheat is tradi…
Markets
Stocks Settle Higher on Tame Inflation News
The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +0.38%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.02%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.10%. September E-mini S&P futures (ESU26) …
Markets
SK Hynix shares surge 13% on AI hopes as US tech stocks resume their climb
South Korea's benchmark Kospi index climbed nearly 7% to an all-time high on Wednesday, propelled by a roughly 13% surge in Samsung Electronics shares. The rally was fueled by optimism around strong artificial intellige…
Markets
Oil rises as U.S. continues to strike Tehran, reinstates blockade of Iranian ports
Oil prices rose in choppy trading Wednesday as U.S. forces carried out another round of strikes against Tehran and Washington reinstated its naval blockade of Iranian ports near the Strait of Hormuz.
Markets
Nat-Gas Prices Consolidate Above Monday’s 2-Month Low
Nat-gas prices settled slightly higher on Tuesday as they consolidated above Monday’s 2-month low. The outlook for cooler US temperatures is weighing on prices, as the cooler weather could reduce nat-gas demand from ele…
Markets
SK Hynix South Korean shares jump 11% as Asia tech stocks rally
SK Hynix led a broad rally in Asian technology shares on Wednesday, tracking a rebound in U.S. semiconductor names after a sharp sell-off earlier this week.
Markets
Sugar Prices Gain as Brazil Boosts Its Gasoline Ethanol Blend
October NY world sugar #11 (SBV26) today is up +0.13 (+0.88%), and Aug London ICE white sugar #5 (SWQ26) closed up +5.30 (+1.14%).
Markets
Wheat Extend Strength to Tuesday
The wheat complex posted gains across the three exchanges at the Tuesday close. Chicago SRW contracts were up 4 1/4 to 9 3/4 cents on the day. KC HRW futures were 7 1/2 to 11 3/4 cents higher at the close. MPLS spring w…
Markets
Soybeans Slip Lower on Tuesday
Soybeans closed Tuesday with contracts 1 to 4 cents lower, as July expired with a 5 ¼ cent gains at $12.07 ¼. The cmdtyView national average Cash Bean price was down 3 3/4 cents $11.46. Soymeal futures saw late strength…
Markets
Corn Facing Midday Losses, Still Off Early Lows
Corn futures are trading with contracts down 2 to 2 ½ cents so far at midday. July futures expire today. The CmdtyView national average Cash Corn price is 2 cents lower at $4.08.
Markets
Stocks Settle Higher on Tame Inflation News
The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +0.38%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.02%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.10%. September E-mini S&P futures (ESU26) …
Markets
Sugar Prices Settle Higher on Higher Brazil Ethanol Blend
October NY world sugar #11 (SBV26) on Tuesday closed up +0.13 (+0.88%), and Aug London ICE white sugar #5 (SWQ26) closed up +0.30 (+0.06%).
Markets
BND Is About to Erase the 2022 Bond Crash. TLT Isn’t Close.
The largest bond ETF in the world is closing in on a milestone that looked out of reach three years ago. The Vanguard Total Bond Market ETF (BND) now sits roughly 2.4% below its total-return peak, the high it set in Aug…
Markets
China posts slowest quarterly growth since 2022 as investment slumps, fanning stimulus calls
China's economy in the second quarter expanded at its weakest pace since the fourth quarter of 2022, reinforcing calls for policy stimulus as an accelerating slide in investments deepened the strain on growth, while con…
Markets
Cotton Slips Lower into Tuesday Close
Cotton futures ended Tuesday on a weaker noted despite a midday bounce, with contracts down 23 to 74 points on the session. Crude oil was up $1.69 on the day with the US dollar index was up $0.325.
Markets
Stocks Rally on Fed-Friendly CPI Report
The S&P 500 Index ($SPX) (SPY) today is up +0.30%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.60%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.97%. September E-mini S&P futures (ESU26) are up +0.28%, an…