Dow rises 0.17% as NASDAQ and S&P fall The Dow industrial average rose by 86.03 points or 0.17% to 50,877.10. The NASDAQ index fell 250.84 points or 0.97% to 25678.82, while the S&P index fell 19.06 points or 0.26% to 7386.66. Technology and AI-linked stocks
May existing home sales rose to 4.17m units, exceeding expectations, while the April trade deficit shrank to $55.9 billion. US existing home sales reached 4.17 million units in May, surpassing the 4.07 million forecast, according to data released today. The April internati
Investors await US inflation figures after the DXY stabilizes amid geopolitical tensions and mixed currency movements. The US Dollar Index (DXY) traded cautiously near 99.90 on Tuesday as markets braced for Wednesday’s US Consumer Price Index (CPI) report. Inflation is exp
The REX Hood Growth & Income ETF increases its weekly payout by over 32% to $0.0842, with an annualized yield of 38.56%. The REX Hood Growth & Income ETF (HOII) announced a weekly distribution of $0.0842, a 32.81% increase from the prior week’s $0.0634 payout. The move lif
Iraq's crude export routes expire on July 27 Iraq has less than two months before it loses key oil export routes through Turkey. The agreement to move crude through two pipelines into Turkey expires on July 27. Prior to the effective closure of the Strait o
The Federal Reserve will unveil results for 32 large banks under a severe recession scenario, assessing capital resilience. The Federal Reserve will release its annual bank stress test results on June 24 at 4 p.m. EDT. The test evaluates whether 32 large banks can withstan
Tokenized equities and ETFs could drive real-world asset market growth from $30 billion to $5 trillion, per Securitize leadership. Tokenized stocks and exchange-traded funds could unlock a $5 trillion crypto market, according to Securitize CEO Carlos Domingo. He argued tha
Stellar Development Foundation outlines a three-stage roadmap to protect its blockchain from quantum computing threats by 2027. Stellar has announced a three-stage plan to transition its blockchain to quantum-safe cryptography, addressing risks posed by advancements in qua
Precious metals fall 1.9%-4.3% despite lower oil prices, pressured by Fed hike fears and broader market re-risking. Gold and silver extended losses, dropping 1.9% and 4.3% respectively, nearing war-time lows despite a 3.5% decline in oil prices. The move reflects broader m
The Bureau of Land Management seeks public input on 114 parcels ahead of a December 2026 lease sale. The Bureau of Land Management has initiated a 30-day public comment period for a proposed oil and gas lease sale in Colorado, covering 126,744 acres. The sale, scheduled fo
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