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SCO

25.9706.74% ( +1.640 )

Closed: Aug 25, 15:59:58 (EDT)

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US consumer confidence hits seven-month low on worsening outlook
Businesstimes News·6 hours ago
- US consumer confidence fell to an 8-month low of 89.4 in August due to worsening outlooks on business conditions and the labor market. - High oil prices, living cost pressures, and a slower hiring pace weighed on households, causing the expectations index to drop to its lowest level since January. - Despite near-term labor market views improving, consumers expressed a more negative outlook regarding future employment, income, and business conditions.
USO-4.58%USOI-2.28%
Dollar Slightly Lower on Strong Stocks and Weak Crude
Barchart Option·2 hours ago
SCO+6.74%BNO-4.77%
Iraq to set $15bln for stalled projects in 2027
Zawya·15 hours ago
- Iraq plans to allocate 20 trillion Iraqi dinars, equivalent to 15 billion US dollars, in its 2027 budget exclusively for stalled projects without funding any new ones. - The 2027 draft budget anticipates a deficit of 64 trillion Iraqi dinars, or 49 billion US dollars, driven by expected tensions in the Strait of Hormuz that could curb oil exports. - Based on an oil price of 60 to 70 US dollars per barrel, the draft is scheduled to be submitted to parliament within two months or by early November.
BNO-4.77%USO-4.58%
U.S. Stocks Move Back To The Upside As Crude Oil Prices Extend Nosedive
rttnews·1 hour ago
- U.S. stocks rebounded and maintained a positive bias throughout Tuesday's trading session following a mixed previous session. - The Nasdaq advanced 171.11 points or 0.7 percent to 26,151.80, the S&P 500 climbed 24.42 points or 0.3 percent to 7,677.28, and the Dow rose 160.24 points or 0.3 percent to 53,577.40. - All major averages moved to the upside as crude oil prices extended their nosedive.
QQQM+0.64%USO-4.58%
Analysts See Small Build in U.S. Crude Oil Stockpiles
MorningStar·4 hours ago
UCO-6.55%USO-4.58%
TSX Stumbles out of Gate
Baystreet·7 hours ago
- Canada's main stock index opened lower at 36,694.87 on Tuesday, pressured by ongoing U.S. trade tensions and declining energy and materials sectors. - President Donald Trump threatened to raise tariffs on Canadian automotive products to 50% starting January 1, 2027. - Meanwhile, robust third-quarter earnings from BMO Financial and Bank of Nova Scotia supported the financial sector amidst the broader market downturn.
BNS+7.18%BMO+0.64%
Crude Oil Down Over 3%; US Home Prices Surge In June
benzinga_article·5 hours ago
- U.S. stocks traded higher on Tuesday, led by gains in the S&P 500, NASDAQ, and Dow Jones indices. - The S&P Case-Shiller home price index increased 2.1% year-over-year in June, beating market estimates, while crude oil prices fell 3.2% to $82.30. - Major corporate movements included Nayax agreeing to acquire IPS Group for $350 million in cash, and DICK’S Sporting Goods shares dropping 25% following weak quarterly results.
USO-4.58%.IXIC+0.66%
Oil prices decline as investors brush aside Bessent's 'economic D-Day' threat against Iran
MarketWatch·9 hours ago
UCO-6.55%BNO-4.77%
Why Is the Stock Market Up Today, 8/25/26?
Tip Ranks·3 hours ago
- The S&P 500 and Nasdaq 100 traded higher on August 25, 2026, driven by falling oil prices and easing inflation fears. - Brent crude dropped 4 % following a U.S. signal to target Iran's economy instead of using military force, helping push the 10-year Treasury yield down by 6.3 bps to 4.641 %. - Artificial intelligence stocks rebounded ahead of Nvidia's upcoming earnings report scheduled for Wednesday.
MRVL+4.84%AMD+4.91%
International Oil Prices Plunge Over 3%: Goldman Says $10 Drop in Oil Will Support Stocks, Iran Plans Temporary Maritime Channel in Strait of Hormuz
TradingKey·5 hours ago
SCO+6.74%UCO-6.55%
Arkea AM sees ECB September rate hike as euro zone inflation pressures persist
PUBT·13 hours ago
GLD+0.32%SCO+6.74%
Dow Jones Top Markets Headlines at 5 PM ET: U.S. Stocks Rise as Oil, Inflation Fears Retreat | Canada ...
MorningStar·31 minutes ago
GBTC+0.18%IBIT+0.18%
Stocks Settle Higher as Lower Crude Prices Ease Inflation Risks
Barchart Option·1 hour ago
UCO-6.55%USO-4.58%
Bonds & Stocks Bid As Oil Skids On Quiet Summer Tuesday Ahead Of NVDA
ZeroHedge·1 hour ago
- Global markets saw a broad bid for bonds and stocks while oil prices declined amid quiet summer trading conditions ahead of the NVDA earnings. - Hormuz diplomacy hopes and weak macroeconomic data, including consumer confidence and home sales, pushed oil lower and supported bond demand. - The U.S. dollar edged lower as the debasement trade stabilized, with gold and bitcoin posting marginal gains alongside a rebound in artificial intelligence stocks.
GBTC+0.18%NVDA+2.19%
Prescient says expensive oil historically signals lower US 10-year yields over next year
PUBT·13 hours ago
BNO-4.77%USO-4.58%
U.S. Stocks May See Initial Strength As Crude Oil Extends Pullback
rttnews·9 hours ago
- U.S. stocks are expected to open higher in early trading on Tuesday after closing mostly lower in the previous session. - Major index futures indicate a positive market start, with S&P 500 futures rising by 0.4 percent. - Early buying interest is driven by an extended decline in crude oil prices following the end of its six-day winning streak.
VOO+0.31%SCO+6.74%