Dow falls 250 points on chip sell-off, Trump Iran threat and 3-year inflation high: Live updates
U.S. forces launched “self-defense strikes” against Iran on Tuesday in retaliation for the downing of a helicopter, pushing up crude oil prices.
Consumer prices rose 4.2% annually in May, highest in three years
The consumer price index was expected to show a 4.2% gain from a year ago, according to the Dow Jones consensus estimate.
Here are Wednesday’s biggest analyst calls: Nvidia, Tesla, Cava, Netflix, Chipotle, Pfizer, Nike, SharkNinja & more
Here are the biggest calls on Wall Street on Wednesday.
Stocks making the biggest moves premarket: Super Micro Computer, Cracker Barrel, Nike and more
These are the stocks posting the largest moves in the premarket.
It’s time to get back into this fast-casual stock, UBS says
The bank thinks shares of Cava are set to rise on the back of same-store sales growth and a growing number of locations.
Weekly mortgage demand surges nearly 11% higher, despite volatile interest rates
Mortgage demand from both current homeowners and potential buyers rose sharply, even though interest rates rose as well.
Trump says Iran will ‘pay the price’ and claims they have ‘taken too long’ to agree to a deal
The president’s comments came after U.S. forces on Tuesday evening launched strikes against Iran.
Bill Gates to face questions about Jeffrey Epstein from House Oversight panel
Gates reportedly prepared for his testimony with the help of Jake Greenberg, who previously was the Oversight committee’s chief investigations counsel.
What next for BP? Leadership exits test investor confidence in board oversight
An executive exodus at BP has sparked intense scrutiny from investors.
SoftBank sinks 10% as Asia tech stocks tumble, tracking Wall Street losses
Asian semiconductor and technology stocks fell on Wednesday, tracking overnight losses on Wall Street.