Real-time News

Bank of America: Investment banking business is in good shape.

June 9th - Existing home sales in the U.S. accelerated in May, reaching their highest level this year, injecting optimism into a lackluster spring sales season. Newly released data shows that existing home sales rose at an annualized monthly rate of 3.2% in May, with a total annualized sales volume of 4.17 million units. Lawrence Yu, chief economist at the National Association of Realtors (NAR), stated, "More and more Americans are moving, and home sales have risen to their highest level since December of last year. This is good news for the housing market and the economy."

U.S. Energy Secretary Wright: Oil exports from the Strait of Hormuz and the Persian Gulf will increase.

Israel Defense Forces Chief of Staff: Our forces are on alert and will take action against any detected threats.

June 9th - TD Securities predicts that the upcoming US May CPI report will confirm that inflation is slowing but remains stubbornly high. The firm expects the US May core CPI month-on-month rate to fall to 0.23%, with the year-on-year rate remaining flat at 2.8%; the overall CPI month-on-month rate will fall to 0.4%, while the year-on-year rate will rise to 4.2%. Looking at the sub-categories, commodity prices are expected to rise 0.13% month-on-month in May, in line with the three-month average. Core goods, excluding automobiles, contributed the majority of the increase, with categories such as home furnishings and clothing also showing increases. A further decline in used car prices is expected to partially offset this increase. Furthermore, the continued transmission of the oil price shock and tariff effects is expected to push core inflation to around 3.0% year-on-year in June. There is an upside risk if aviation fuel costs are passed on to airfares at a greater-than-expected rate. Looking ahead to the second half of 2026, core inflation is not expected to see a meaningful decline. Prices of core goods, excluding automobiles, will continue to show strength, while housing costs will normalize from their high levels.

U.S. Energy Secretary Wright: Natural gas will become the largest source of new electricity for the field of artificial intelligence.

The S&P 500 and Nasdaq 100 indexes gave up their gains, hitting intraday lows.

EU High Representative for Foreign Affairs and Security Policy Karas: Attention should be paid to sanctions on metal and petroleum refined products.

According to CNBC, JPMorgan Chase will deploy a more powerful AI agent this year.

The final reading of US wholesale inventories in April was 0.6% month-on-month, below the expected 0.5% and the previous reading of 0.50%.

Moody's chief economist: The U.S. economy is on the verge of recession.

KPMG has reached an agreement with Microsoft (MSFT.O) to help its clients deploy artificial intelligence at scale.

Applied Digital (APLD.O) shares rose more than 12% after the company signed a $5.2 billion artificial intelligence data center lease agreement.

The Dow Jones Industrial Average opened 244.99 points, or 0.48%, at 51,031.00 on Tuesday, June 9; the S&P 500 opened 44.17 points, or 0.60%, at 7,449.90; and the Nasdaq Composite opened 203.49 points, or 0.79%, at 26,133.16.

Sirius XM (SIRI.O) shares rose 4.1% as the company is set to be included in the S&P MidCap 400 index.

Nuvalent (NUVL.O) opened 39% higher, hitting a new intraday high.