Public Markets 24 Hours

Last updated: July 15, 2026, 11:30 PM ET

Geopolitical Tensions Drive Oil and Currency Markets

Oil prices climbed for a fourth day amid escalating Middle East conflict, with the U.S. reinstating its blockade on Iranian ports in the Strait of Hormuz. Military clashes over the Strait, leading to a slump in Saudi Gulf oil loadings and prompting the International Energy Agency to warn the global economy faces peril if the. Russian fuel prices have surged as drone attacks curb refinery output. In currency markets, the Singapore dollar as traders weighed easing U.S. inflation against growing Mideast conflict. Emerging market currencies, however, gained as traders following softer-than-expected U.S. producer prices .

Wall Street Trading Revenue Soars Amid Risk-On Sentiment

Wall Street banks are experiencing their best trading year ever, with firms like JPMorgan and Goldman Sachs raking in significant revenue as "the market is. This surge in trading activity is being further bolstered by significant deal-making, including JPMorgan leading a $3 billion financing for Warburg Pincus's acquisition of. Additionally, BNY Mellon after posting a rise in net income, signaling strong performance in the financial sector.

Indian Markets See Mixed Signals Amid Foreign Investor Outflows

India Inc. is undertaking a foreign buying spree as foreign investors flee the country’s markets at the fastest pace this year . Simultaneously, Prime Minister Narendra Modi is implementing measures to reduce key imports and shield India from economic shocks. India has also on diesel and jet fuel, tightening the global fuel market in light of renewed hostilities.

Adani Group Attracts Domestic Investment as Governance Concerns Ease

The flagship Adani Enterprises has drawn significant interest from local mutual funds, which last month, suggesting receding governance risks. This domestic investment comes as broader Indian markets face foreign investor outflows.

UK Pound Strengthens on Potential Chancellor Appointment

Sterling's strength following reports that incoming UK Prime Minister Andy Burnham will name Shabana Mahmood as his Chancellor of the Exchequer.

South Korea Addresses Leveraged ETF Volatility

South Korea is preparing to announce measures concerning leveraged exchange-traded funds tied to Samsung Electronics and SK Hynix shares, which have fueled a surge in market volatility.

Japan Seeks Economic Security Investments

Advantage Partners LLC plans to invest $1.9 billion in major domestic companies posing economic security risks for Japan, aiming to benefit from potential government backing and boost long-term profits.

Gold Prices Edge Lower Amid Dollar Stabilization and Rate Hike Expectations

Gold edged lower on Wednesday, with a stabilizing dollar and bond yields, alongside continued rate hike expectations, likely placing downward pressure on the precious metal. While softer U.S. inflation data offered some relief, it was not enough to significantly boost gold prices. Silver, meanwhile.

SpaceX IPO Fuels ECM Revenue While Bonds Face Pressure

Wall Street's biggest investment banks generated the most revenue from advising on equity offerings in the second quarter since 2021, largely driven by SpaceX's record-setting IPO. However, SpaceX shares for the first time, and bond yields are, indicating investor concerns despite the company's public market debut.

M&A Activity Heats Up in Financial Services and E-commerce

Regional banks and wealth managers are driving acquisitions in the financial services industry. In a separate development, PayPal has received a $53 billion takeover offer involving Stripe and Advent. Uber is also nearing a €12.5 billion deal to acquire Delivery Hero, though the German food delivery group will spin off Turkish and some European operations to a different buyer.

US Stocks Higher Led by Megacap Tech, Chip Stocks Weaken

U.S. stocks edged higher as gains in megacap technology names offset weakness in chip stocks. BlackRock surged as megacap tech companies lifted the Nasdaq, although major indexes pared gains despite positive earnings reports.

Brazil Offers Debt Relief for Struggling Farmers

Brazil's government plans to implement measures to renegotiate over 100 billion reais ($20 in rural debt to support.

China's Economic Growth Slows, Memory Chip IPO Draws Investor Interest

China's economy posted one of its lowest growth rates in years, with 4.3 percent economic growth in the second quarter. Meanwhile, global investors are seeking creative proxy trades to gain exposure to China’s memory-chip leader, CXMT, which is conducting its biggest IPO in nearly four years. ASML, however as the AI boom drives chipmaking demand.

BHP Posts Solid Output, but Copper Production Expected to Decline

BHP Group Ltd. reported solid full-year production, though it cautioned that copper output will fall in the year ahead due to declining grades at its.

United Airlines Lifts Outlook Amid Higher Fares

United Airlines lifted its outlook, projecting adjusted earnings between $9 and $11 a share by 2026, as higher fares help offset turbulent fuel prices. The airline also plans to offer passengers the option to pay for the middle seat on some flights.

Lawsuit Over New York Times Subpoenas Continues

The New York Times has filed a motion to quash subpoenas issued to its journalists as part of an investigation into reporting on security concerns related to the Qatari-donated jet used as Air Force One. Senators have regarding these subpoenas.

US Crude Oil Stockpiles Decline

Commercial crude oil stocks last week, exceeding analysts' expectations of a 900,000-barrel decline.

Pool Stock Companies See Shares Sink Amid Consumer Caution

Shares of companies in the swimming pool business sank on Wednesday as consumers appear to be pulling back on spending despite hot summer temperatures.

Lead Prices Slump as LME Stockpiles Hit Record

Lead prices after Trafigura Group made a second record-breaking delivery of metal into London Metal Exchange warehouses.

IBM Stock Tumbles, Reigniting AI Disruption Fears

IBM's stock tumbled sharply after previewing disappointing quarterly results, raising concerns about AI disruption in the software sector.

Developers Ramp Up Warehouse Construction

Industrial real estate under construction in the U.S. rose 18% in the second quarter, driven by demand from suppliers of data-center equipment.

Anima Holding Shares Slump on M&A Deal Concerns

Shares of Brazilian education company Anima Holding SA after agreeing to repurchase a business it had previously sold, with analysts citing high valuation concerns.

European Industries May Win More Time for Carbon Emissions

Heavy lobbying by polluting companies and countries is expected to result in European industries winning more time to emit carbon as part of a review of the EU.

US Producer Prices Decline

The producer-price index declined by 0.3% in June, a reversal from an increase in May, and contrary to analysts' expectations of prices holding steady.

AT&T and Verizon Explore Options Beyond Family Plans

Telecommunications giants AT&T and Verizon are looking to introduce new wireless service options that could move beyond traditional family plans and attract a broader customer base.

JPMorgan, BlackRock, and Goldman to Tokenize Stocks and Treasurys

Trade processor DTCC is launching a trial run with major Wall Street firms, including JPMorgan, BlackRock, and Goldman Sachs, to.

Biden to Release Memoir Post-Midterms

Former President Biden announced that his memoir, "Promise Me, America," will be released on November 17, covering his presidency and re-election bid.

California Braces for Extreme Heat and Wildfire Risk

California is anticipating some of the hottest temperatures of the year, coupled with warnings of combustible conditions that increase the risk of wildfires.

Elevance Health Sees Membership Decline Amid Rate Hikes

Elevance Health reported a drop in membership during the second quarter, highlighting the pressure on insurers as they aim to raise premium rates to offset rising costs.

Chinese Automaker BYD Challenges European Supercars

Chinese automaker BYD is on an aristocratic English estate, signaling its ambitions in the luxury automotive market.

XPeng Aims for Global Robot Rollout

Chinese electric-vehicle maker XPeng plans to produce over 1,000 robots a month and launch its humanoid robot globally next year as part of its transformation into a.

US Lawmaker Demands Briefing on UK's 'News Prominence' Plan

A top U.S. lawmaker has demanded a briefing from the UK culture secretary regarding a plan to force social media companies to boost trusted news sources.

EU Set to Fine Google

The European Union is poised to fine Google hundreds of millions of euros, a move that will test its ability to regulate digital markets without rekindling tensions with Washington.

US Housing Law Passes Amid Questions of Effectiveness

The U.S. has enacted its largest housing law in 36 years, but questions remain about its potential effectiveness in.

Johnson & Johnson Increases Guidance on Rising Sales

Drug and medical-device maker Johnson & Johnson for the year after recording higher sales in the second quarter.

Ukraine to Purchase Chinese Drone Parts with EU Funds

Kyiv will be allowed to use part of a €6 billion tranche of EU funds to purchase drone parts from China that are in short supply in Europe.

Biden Administration Presses China to Free Seismologist

President Trump has urged Chinese President Xi Jinping to release American seismologist Youlin Chen, who is accused of spying, according to the scientist's family.

Fatal Encounters by Federal Immigration Agents Under Scrutiny

Shootings by federal immigration agents are under scrutiny, with new videos detailing moments surrounding a fatal ICE shooting in Biddeford, Maine. Mondelez International CEO Faces Pressure

Mon