Fundamental backdrop In April 2026, the closure of the Strait of Hormuz pushed Brent prices to their highest levels per barrel since 2022. However, diplomatic developments reversed the market’s direction: by the end of May, Read more…
EUR/USD was trading at 1.1613 on Friday. As the week draws to a close, the US dollar remains on track to post gains, supported by ongoing uncertainty in the Middle East and continued demand for Read more…
Markets The stock sell-off that loomed following Broadcom’s earnings (outlook) miss turned out to be more of a sectoral rotation rather than a broad-based slump. The industrial Dow Jones Index rallied 1.7% while the Nasdaq Read more…
Once upon a time, malls were the ultimate sanctuary for American teenagers. They weren’t just places to shop, they were also spaces where you could get your first part-time job, go out on a date, Read more…
Nvidia (NVDA) stock is up about 15.98% year to date, at the time of writing, Thursday afternoon, June 4. Meanwhile, the SPDR S&P 500 index (SPY) is up about 10.97% in the same period. While Read more…
The S&P 500 (SPX) continues to push into new all‑time highs, advancing in a clear impulsive structure. The current cycle began from the March 30, 2026 low, where wave 1 concluded at 7147.78. A corrective Read more…
Key takeaways The AI-driven equity rally is showing signs of fatigue after Broadcom’s disappointing guidance triggered a sharp selloff in semiconductor and cybersecurity stocks, prompting investors to rotate into more defensive and cyclical sectors. The Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal There’s no excuse these days for Read more…
Gold traders have spent the past week waiting. After falling steadily from 4,889.24, the precious metal has settled into a tense standoff between 4,400 support and 4,600. Neither bulls nor bears have been willing to Read more…
Japan’s wage story continues to move in the direction the Bank of Japan has long hoped for. Nominal wages rose 3.5% yoy in April, accelerating from 3.1% yoy and beating market expectations of 3.2% yoy. Read more…