Business

Morning Bid: Fed’s Cook grilled again

Monday, August 10 by SRN News

By Mike Dolan Aug 10 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Even though it allowed Wall Street stocks to clock another record high on Friday, the surprise drop in July U.S. payrolls didn't shift interest... Read More.

S&P 500, Nasdaq futures tick higher with Hormuz outlook in focus

Monday, August 10 by SRN News

Aug 10 (Reuters) - S&P 500 and Nasdaq futures inched higher on Monday as investors weighed developments in the Middle East that could influence the reopening of the Strait of Hormuz, kicking off the week laden with crucial inflation data and earnings. Iran said... Read More.

Beyonce buys out LVMH’s stake in SirDavis whisky

Monday, August 10 by SRN News

PARIS, Aug 10 (Reuters) - American pop star Beyonce has acquired full control of the SirDavis whisky brand after French luxury goods group LVMH sold its stake to her, LVMH said on Monday, confirming earlier media reports in specialist trade publications. LVMH declined to provide... Read More.

Iran won’t reopen Strait of Hormuz without US concessions and other Mideast developments

Monday, August 10 by SRN News

Iran is insisting that the U.S. meet its demands in negotiations before the Strait of Hormuz reopens. Yemen's Defense Ministry announced a new death toll in the latest attack by Houthi rebels on the Red Sea town of Mokha. And Israel's military declared the... Read More.

Embraer raises 2026 guidance after record second-quarter revenue

Monday, August 10 by SRN News

SAO PAULO, Aug 10 (Reuters) - Brazilian planemaker Embraer reported a 10% jump in second-quarter revenue to 11.34 billion reais ($2.23 billion) on Monday, a record high for the period. • Net profit at the world's third-largest aircraft manufacturer rose 25% year on year to... Read More.

Analysis-BOJ’s rate-hike path runs into Takaichi’s bond market problems

Monday, August 10 by SRN News

By Leika Kihara TOKYO, Aug 10 (Reuters) - The Bank of Japan may be edging toward an early rate hike, but it faces a growing risk that any move to tighten policy will be offset by mounting political pressure to support the bond market. As government... Read More.

Analysis-FOMO fuels Wall Street’s breakout rally as traders pile in

Monday, August 10 by SRN News

By Saqib Iqbal Ahmed NEW YORK, Aug 10 (Reuters) - Fear of missing out is driving a buying rush on Wall Street, with options market metrics flashing some of the most bullish signals in years. Easing tensions in the Middle East, falling oil prices and robust... Read More.

July US container imports hit fourth-highest on record, Descartes says

Monday, August 10 by SRN News

By Lisa Baertlein LOS ANGELES, Aug 10 (Reuters) - U.S. imports of containerized goods in July hit the fourth-highest level for the month, as shippers rushed in goods ahead of unknown U.S. tariff changes, supply chain technology provider Descartes Systems Group said on Monday.... Read More.

Kalshi ties up with Nasdaq to bolster trade surveillance

Monday, August 10 by SRN News

Aug 10 (Reuters) - Prediction markets giant Kalshi has joined hands with Nasdaq to adopt the U.S. exchange heavyweight's market surveillance tool, as it looks to bolster the monitoring and oversight of trading activity on its platform. The multi-year partnership, unveiled on... Read More.

J.P. Morgan lifts 2026-end target for S&P 500 to 8,000 on AI, earnings strength

Monday, August 10 by SRN News

Aug 10 (Reuters) - J.P. Morgan raised its year-end target for the S&P 500 index to 8,000 from 7,800 on Monday, citing prospects of solid corporate earnings and rising confidence that AI investments by large hyperscalers would drive faster revenue growth. The new target implies... Read More.

Current Weather

Morning Bid: Fed’s Cook grilled again

S&P 500, Nasdaq futures tick higher with Hormuz outlook in focus

Beyonce buys out LVMH’s stake in SirDavis whisky

Iran won’t reopen Strait of Hormuz without US concessions and other Mideast developments

Embraer raises 2026 guidance after record second-quarter revenue

Analysis-BOJ’s rate-hike path runs into Takaichi’s bond market problems

Analysis-FOMO fuels Wall Street’s breakout rally as traders pile in

July US container imports hit fourth-highest on record, Descartes says

Kalshi ties up with Nasdaq to bolster trade surveillance

J.P. Morgan lifts 2026-end target for S&P 500 to 8,000 on AI, earnings strength

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