Markets

S&P 500 Snaps 9-Day Win Streak After First Close Above 7,600: Iran Oil, Broadcom's Slide, and the Hawkish Fed Reset That Hit Wall Street

The SP 500 closed at 7,553.68 on Wednesday, June 3, 2026, down 0.74%, snapping a nine-day win streak that had taken the index to its first-ever close above 7,600 the previous session. The break came a...

May 2026 Non-Farm Payrolls Preview: 4 Scenarios for Friday's Jobs Report and What Each Means for the Fed, Markets, and Your Portfolio

The May 2026 Non-Farm Payrolls report , due Friday June 6 at 8:30 AM ET, is expected to show around 78,000 jobs added (consensus range 65K-95K), down from April's 115K, with the unemployment rate stea...

OPEC+ June 7 Meeting: 188,000 bpd July Oil Hike Despite Iran War

OPEC+ will almost certainly approve a third consecutive monthly output hike of roughly 188,000 barrels per day when its seven remaining members meet on Sunday, June 7, 2026, three Reuters sources say,...

Iran Ceasefire Deal: Why Oil Prices Crashed 20% and What It Means for Your Gas Bill, Stocks, and Portfolio

The US-Iran 60-day ceasefire extension deal sent oil prices crashing 20% from their 2026 peak, with Brent crude falling below $100 a barrel. Gas prices dropped 16 cents in a single week — the biggest ...

Bond Market Alarm 2026: Why Treasury Yields Hit Levels Not Seen Since 2007

US 30-year Treasury yields surged to 5.2% in May 2026 — the highest level since 2007 — as the Iran war drove oil prices to $100 per barrel and stoked inflation fears. Goldman Sachs now expects the fir...

Iran War Impact on India Economy 2026: Oil, LPG, Inflation, Jobs Analysis

The Iran war has triggered a severe energy crisis in India, with oil prices crossing $115 and LPG imports collapsing by 45% in 2026. Moody's has slashed India's GDP forecast to 6.0% as the record-low ...