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The latest PD headlines and market coverage — 30 recent stories, updated throughout the day.

  • The Motley Fool·

    Which Global ETF is the Right Choice? SPGM and SPDW Offer Differing Approaches

    SPGM and SPDW are two State Street ETFs offering different approaches to global investing. SPGM provides broad global exposure with 61% U.S. holdings and lower volatility, while SPDW focuses on developed international markets with a lower expense ratio (0.03% vs 0.09%) and higher dividend yield (3.10% vs 1.80%). SPGM has outperformed over the past decade with a 12.3% CAGR versus SPDW's 9.9%, but both can serve useful roles depending on investor goals.

  • GlobeNewswire Inc.·

    ARCPOINT PROVIDES LEADERSHIP UPDATE

    Peter Kendall has completed his mandate as Interim Chief Executive Officer of ARCpoint Inc. after 45 days, delivering his assessment and recommendations to the Board. His RSU grant has been pro-rated from 4 million to 2 million shares. The Board is now considering his recommendations and will seek to appoint a new CEO. Kendall will continue as an advisory consultant.

  • GlobeNewswire Inc.·

    PD-1 and PD-L1 Inhibitors Clinical Trial Pipeline Analysis Demonstrates 180+ Key Companies on the Horizon Expected to Transform the Oncology Space | DelveInsight

    A comprehensive analysis reveals over 180 companies developing 200+ PD-1 and PD-L1 inhibitor drugs across various clinical stages. The report highlights major pharmaceutical players advancing pipeline therapies for multiple cancer indications, with approximately 15+ drugs in late-stage development and 30+ in mid and early stages. Recent developments include FDA breakthrough designations and positive clinical trial results for combination therapies.

  • GlobeNewswire Inc.·

    UPDATE – Glucotrack and Lōkahi Therapeutics Complete Strategic Business Combination, Establishing Lōkahi-Controlled Public Platform

    Glucotrack, Inc. (NASDAQ: GCTK) completed a strategic business combination with Lōkahi Therapeutics, creating a publicly listed platform for identifying and advancing healthcare assets. Lōkahi Therapeutics securityholders will hold approximately 90% of the combined company on a fully diluted basis. Erik Emerson was appointed CEO, while Glucotrack's continuous blood glucose monitoring (CBGM) technology will operate as a separate subsidiary under Paul Goode's leadership. The transaction is supported by a planned private placement financing.

  • GlobeNewswire Inc.·Neutral

    PDF Solutions to Report Second Quarter Fiscal 2026 Financial Results on August 6, 2026

    PDF Solutions, Inc. (Nasdaq: PDFS) announced it will release its Second quarter fiscal 2026 financial results on August 6, 2026, followed by a live teleconference with CEO John Kibarian and CFO Adnan Raza at 2:00 p.m. Pacific Time to discuss the results. The call will be webcast on the company's investor relations website.

  • GlobeNewswire Inc.·Neutral

    PDI prend une participation stratégique dans Awalé Resources

    Predictive Discovery Limited (PDI) announced a $10 million strategic investment in South African exploration company Awalé Resources Limited, acquiring a 12.3% stake. The investment will fund exploration activities on Awalé's Odienné gold project in Côte d'Ivoire, which includes a joint venture with Newmont Corporation containing estimated mineral resources of 1.71 million ounces of gold equivalent.

  • GlobeNewswire Inc.·Neutral

    PDI stärkt Beziehung zu Awalé Resources mit strategischer Investition

    Predictive Discovery Limited (PDI) announced a USD 10 million strategic investment in Awalé Resources Limited, acquiring approximately 12.3% stake. The investment will fund exploration activities in Awalé's Odienné gold and copper project in Côte d'Ivoire, which includes a joint venture with Newmont Corporation reporting 1.71 million ounces of gold equivalent in measured resources.

  • GlobeNewswire Inc.·Neutral

    Director/PDMR Shareholding

    Shell plc has notified that following the June 29, 2026 interim dividend payment for Q1 2026, multiple Persons Discharging Managerial Responsibilities (PDMRs) including CEO Wael Sawan and CFO Sinead Gorman acquired dividend shares through employee share plans. The transactions occurred on July 2, 2026, across multiple currencies and exchanges, with share prices ranging from EUR 33.9265 to GBP 28.87677 per ordinary share.

  • GlobeNewswire Inc.·

    UMH PROPERTIES, INC. SECOND QUARTER 2026 OPERATIONS UPDATE

    UMH Properties reported strong second quarter 2026 performance with 10.3% increase in total rental income, record home sales of $11.4 million, and net occupancy gains of 139 units. The company strengthened its balance sheet through preferred share issuance and successfully amended its revolving credit line to $260 million with improved terms, positioning itself for continued growth through its substantial inventory of vacant sites and land.

  • GlobeNewswire Inc.·

    UPDATE: Levi & Korsinsky, LLP Notifies Investors It Has Filed a Complaint to Recover Losses Suffered by Purchasers of ZoomInfo Technologies Inc. Securities and Sets a Lead Plaintiff Deadline of August 24, 2026

    Law firm Levi & Korsinsky has filed a class action lawsuit against ZoomInfo Technologies Inc. on behalf of investors who purchased securities between November 3, 2025 and May 11, 2026. The lawsuit alleges the company made materially false and misleading statements about its growth, customer retention, and market trends while concealing adverse facts. ZoomInfo's stock price fell approximately 33% (from $6.04 to $4.06 per share) following the announcement of disappointing Q1 2026 results and reduced 2026 guidance. The lead plaintiff deadline is August 24, 2026.

  • GlobeNewswire Inc.·

    UPDATE - Investview Launches MyLife Wellness Focused on Health Optimization

    Investview announced MyLife Wellness, a health and wellness e-commerce platform under its Conectiv lifestyle optimization brand. The platform offers science-backed supplements, skincare, and coffee products with bundled packages. Conectiv members receive discounted pricing and can resell products for additional income. However, the forward-looking statements reveal significant operational challenges, including revenue reductions in 2025-2026 and dependence on uncontracted independent distributors for growth.

  • GlobeNewswire Inc.·

    BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Apogee Therapeutics, Inc. (Nasdaq – APGE), Simulations Plus, Inc. (Nasdaq – SLP), Roku, Inc. (Nasdaq – ROKU), TruBridge, Inc. (Nasdaq – TBRG)

    Brodsky & Smith law firm has announced investigations into multiple merger transactions, including Apogee Therapeutics (acquired by AbbVie for $135.11/share), Roku (acquired by Fox for $160/share), TruBridge (acquired by Inventurus for $26.25/share), and Organon (acquired by Sun Pharmaceutical for $14/share). The investigations focus on whether the respective boards breached fiduciary duties by failing to conduct fair processes and whether deal consideration provides fair value to shareholders.

  • GlobeNewswire Inc.·

    BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Arcosa, Inc. (NYSE – ACA), Fathom Holdings Inc. (Nasdaq – FTHM), Nuvalent, Inc. (Nasdaq – NUVL), Dana Incorporated (NYSE – DAN)

    Law firm Brodsky & Smith announced investigations into four major merger transactions, examining whether company boards breached fiduciary duties by failing to conduct fair processes and provide fair value to shareholders. The investigations involve Arcosa (CRH acquisition for $150/share), Fathom Holdings (Bed Bath & Beyond acquisition), Nuvalent (GSK acquisition for $124/share), and Dana Incorporated (Eaton Corporation acquisition).

  • The Motley Fool·

    Which Is the Better International ETF, State Street's SPDW Targeting Developed Markets or Vanguard's Emerging Markets-Focused VWO?

    The article compares two international ETFs: State Street's SPDW, which targets developed markets outside the US with a 0.03% expense ratio and 32.90% 1-year return, and Vanguard's VWO, which focuses on emerging markets with a 0.06% expense ratio and 27.50% 1-year return. SPDW offers lower costs and higher stability, making it suitable for conservative investors, while VWO provides higher growth potential with greater volatility for aggressive investors.

  • The Motley Fool·Neutral

    SPDR vs. iShares: Which REIT ETF Comes Out on Top?

    The article compares two REIT ETFs: iShares Global REIT ETF (REET) and State Street SPDR Dow Jones REIT ETF (RWR). While RWR offers higher one-year returns (13.1% vs 9.3%), REET provides lower costs (0.14% vs 0.25% expense ratio), broader diversification with 319 holdings versus 99, and better liquidity. The author recommends REET due to RWR's concentration risk, with its top five holdings comprising 33% of the portfolio.

  • GlobeNewswire Inc.·

    BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: AstroNova, Inc. (Nasdaq – ALOT), Open Lending Corporation (Nasdaq – LPRO), Huntsman Corporation (NYSE – HUN), Standard BioTools Inc. (Nasdaq – LAB)

    Brodsky & Smith law firm is investigating four merger transactions to determine whether company boards breached fiduciary duties to shareholders. The investigations concern AstroNova (being acquired by Arcline for $29.00/share), Open Lending (being acquired by ANV Group for $3.15/share), Huntsman (merging with Olin in a stock exchange), and Standard BioTools (being acquired by Treeline Biosciences). The firm is seeking shareholders to discuss whether fair processes were conducted and fair value provided.

  • Benzinga·

    Stock Market Today: S&P 500, Dow, Nasdaq 100 Futures Jump After Sharp Sell-Off On Fed Rates Pause— Freecast, Smith & Wesson In Focus (UPDATED)

    (Editor’s note: The headline, ETFs and economic data were updated.) U.S. stock futures rose on Thursday, as the Dow Jones, Nasdaq 100, and S&P 500 indices advanced, following Tuesday’s sharp sell-off. Weekly initial jobless claims edged down by 4,000 to a seasonally adjusted 226,000 for the week ending June 13, keeping layoffs historically low. Meanwhile, the Philadelphia Fed manufacturing index staged a major turnaround, jumping more than 10 points to a positive 10.3 reading in June to snap a month of flatlined regional factory growth. On Wednesday, the Federal Reserve unanimously held the federal funds rate steady at 3.50%-3.75% , as widely expected, in the first policy meeting under new Fed Chair Kevin Warsh . He announced five task forces to review Fed communications, the balance sheet, data sources, productivity and jobs in the AI era, and the inflation framework itself. Thursday will mark the last trading day of this week, as the markets will be closed for Juneteenth National Independence Day on Friday. Meanwhile, the 10-year Treasury bond yielded 4.45%, and the two-year bond was at 4.17%. The CME Group's FedWatch tool ‘s projections show markets pricing a 72.2% likelihood of the Federal Reserve leaving the current interest rates unchanged during July’s meeting. Index Performance (+/-) Dow Jones 0.52% S&P 500 0.86% Nasdaq 100 1.47% Russell 2000 1.05% The SPDR S&P 500 ETF Trust (NYSE: SPY ) and Invesco QQQ Trust ETF (NASDAQ: QQQ ) , which track the S&P 500 and Nasdaq 100, respectively, were higher in premarket on Thursday. The SPY was up 0.63% at $745.64, while the QQQ advanced by 1.61% to $734.13. data-variant="card" data-news-mode="manual" > Read Also: NFLX Stock Trades At Its Cheapest Valuation In 4 Years: Shay Boloor Calls It Massive 'Opportunity' Stocks In Focus SpaceX Space Exploration Technologies Corp

  • GlobeNewswire Inc.·

    UPDATE - Jean Chatzky and Corebridge Financial's Terri Fiedler Share How to Spend Retirement Savings with Confidence on YourUpdateTV

    Corebridge Financial research reveals that only 28% of workers and retirees feel psychologically comfortable spending their retirement savings, despite 60% associating retirement with freedom. The study highlights a disconnect between retirement expectations and spending anxiety, driven by uncertainties about longevity, healthcare costs, and market conditions. Experts recommend developing personalized decumulation plans and guaranteed lifetime income strategies to help retirees spend with confidence.

  • Benzinga·

    Fed Holds Rates At 3.50%-3.75%: Traders Brace For Chair Warsh's First Speech (UPDATED)

    The Federal Reserve held interest rates steady at 3.50%-3.75% under new Chair Kevin Warsh. However, the Fed's updated economic projections showed a hawkish surprise, with higher inflation forecasts (PCE at 3.6% for 2026) and signaling one rate hike this year instead of cuts. Markets reacted negatively, with Treasury yields spiking, the dollar strengthening, and equities declining as investors reassess rate expectations.

  • Benzinga·

    Stock Market Today: Dow Futures Tumble, S&P 500, Nasdaq Gains As Investors Await FOMC Decision— Amkor, La-Z-Boy In Focus (UPDATED)

    (Editor’s note: The future prices of benchmark tracking ETFs and the headline were updated in the story.) U.S. stock futures were mixed on Wednesday, as the Dow Jones fell, while the Nasdaq 100 and S&P 500 advanced, following Tuesday’s mixed close. U.S. retail and food services sales outpaced expectations in May, climbing 0.9% to a seasonally adjusted $763.7 billion, according to Census Bureau data released Wednesday. The solid gain—up from a revised 0.4% increase in April—signals highly resilient consumer demand heading into the summer months, providing a fresh injection of optimism for economic growth. Investors are also waiting for the Federal Open Market Committee decision on interest rates, slated to be announced during the afternoon, with Kevin Warsh as the new Fed Chairman. The CME Group's FedWatch tool ‘s projections show markets pricing a 99.6% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting. Meanwhile, even as the peace deal was agreed upon between the U.S. and Iran, recent findings by U.S. intelligence agencies reportedly suggested that Iran can now shut down the Strait of Hormuz at will, irrespective of the impending framework agreement scheduled for signing in Geneva on Friday. Additionally, the 10-year Treasury bond yielded 4.44%, and the two-year bond was at 4.05%. Index Performance (+/-) Dow Jones -0.06% S&P 500 0.10% Nasdaq 100 0.57% Russell 2000 0.03% The SPDR S&P 500 ETF Trust (NYSE: SPY ) and Invesco QQQ Trust ETF (NASDAQ: QQQ ) , which track the S&P 500 and Nasdaq 100, respectively, were higher in premarket on Wednesday. The SPY was up 0.097% at $751.06, while the QQQ advanced by 0.62% to $734.35. data-variant="card" data-news-mode="manual" > Read Also: Trump's Iran Peace Deal Could Ignite A 'Relief Rally,' Says Ben Emons, Flags 4 &#039

  • GlobeNewswire Inc.·

    Director/PDMR Shareholding

    The Magnum Ice Cream Company N.V. announced the grant of options to persons discharging managerial responsibilities (PDMRs) under its Foundation Plan co-investment scheme on June 16, 2026. The plan aims to incentivize executives and align their interests with long-term value creation. Options will vest 50% after three years and 50% after four years, subject to continued personal investment holdings and the company's Total Shareholding Return exceeding the median peer group TSR. Exercise prices were set at EUR 15.33, GBP 13.23, and USD 17.82 across different exchanges.

  • GlobeNewswire Inc.·

    BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Simulations Plus, Inc. (Nasdaq – SLP), Roku, Inc. (Nasdaq – ROKU), TruBridge, Inc. (Nasdaq – TBRG), Organon & Co. (NYSE – OGN)

    Brodsky & Smith law firm is investigating four merger transactions to determine whether company boards breached fiduciary duties by failing to conduct fair processes and provide fair value to shareholders. The investigations involve Simulations Plus ($18.50/share), Roku ($160.00/share), TruBridge ($26.25/share), and Organon ($14.00/share).

  • Benzinga·

    Stock Market Today: S&P 500, Nasdaq Futures Fall, Dow Gains Amid US-Iran Deal— SpaceX, Dave And Buster's, Western Digital In Focus (UPDATED)

    (Editor’s note: The lede, headline, futures and economic data were updated.) U.S. stock futures were mixed on Tuesday, as the Dow Jones rose, while the Nasdaq 100 and S&P 500 declined, following Monday’s rally. The Labor Department reported that U.S. import prices advanced 1.9% in May, driven by surging fuel costs. Fresh housing data painted a cooling picture of the domestic economy; May building permits ticked down 0.7% to a seasonally adjusted annual rate of 1,413,000, while housing starts plummeted 15.4% to a rate of 1,177,000, underscoring persistent headwinds in residential construction. On Monday, President Donald Trump announced a preliminary U.S.-Iran agreement aimed at ending months of conflict, though its final terms and long-term viability remain unresolved. The deal extends April’s fragile ceasefire and is expected to reopen the Strait of Hormuz, a critical global oil shipping route. However, both nations stressed that a permanent peace accord has not yet been negotiated. Iranian President Masoud Pezeshkian called the memorandum an "important step" but noted a lasting truce "has yet to take shape." Meanwhile, the 10-year Treasury bond yielded 4.45%, and the two-year bond was at 4.04%. The CME Group's FedWatch tool ‘s projections show markets pricing a 98.6% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting. Index Performance (+/-) Dow Jones 0.17% S&P 500 -0.01% Nasdaq 100 -0.01% Russell 2000 0.21% The SPDR S&P 500 ETF Trust (NYSE: SPY ) and Invesco QQQ Trust ETF (NASDAQ: QQQ ) , which track the S&P 500 and Nasdaq 100, respectively, were lower in premarket on Tuesday. The SPY was down 0.066% at $754.33, while the QQQ declined by 0.11% to $743.18. data-variant="card" data-news-mode="manual" > Read Also: Ed Yardeni Says He Hasn't 'Been Bullish Enoug

  • GlobeNewswire Inc.·Neutral

    UPDATED: Forward Industries Announces Letter of Intent to Acquire Solana Company (HSDT)

    Forward Industries (NASDAQ: FWDI) announced a non-binding all-stock acquisition proposal to Solana Company (HSDT) on June 15, 2026, offering 0.386 FWDI shares per HSDT share (approximately 10% premium). HSDT's board declined the offer on June 12th without discussion. Forward believes a combined entity would better serve shareholders and the Solana ecosystem.

  • GlobeNewswire Inc.·

    UPDATED: Forward Industries Announces Letter of Intent to Acquire SkyAI, Inc. (SKYA)

    Forward Industries (NASDAQ: FWDI) announced a non-binding all-stock acquisition proposal to SkyAI (SKYA), offering 0.367 FWDI shares per SKYA share, representing a 20% premium to SKYA's closing price of $1.29. SKYA did not respond to the proposal by the June 12, 2026 deadline. Forward argues the combination would benefit SKYA shareholders by providing exposure to Forward's Solana treasury platform and stronger institutional positioning.

  • Benzinga·

    Stock Market Today: S&P 500, Dow, Nasdaq Futures Jump As Trump Announces Deal With Iran—SpaceX, TSMC, Micron, Red Cat In Focus (UPDATED)

    Editor’s Note: The future prices of benchmark tracking ETFs, and the headline were updated in the story. U.S. stock futures advanced on Monday, as the Nasdaq 100, S&P 500, and the Dow Jones indices rose, following Friday’s higher close. This follows an announcement of a peace agreement with Iran by President Donald Trump , which led to a decline in crude oil futures. He said that the deal was “now complete,” adding, “I hereby fully authorize the toll-free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade.” In this truncated trading week with markets closed on Friday, investors will eye the Federal Reserve’s decision on interest rates with the new chairman, Kevin Warsh , on Wednesday. Meanwhile, the 10-year Treasury bond yielded 4.44%, and the two-year bond was at 4.03%. The CME Group's FedWatch tool ‘s projections show markets pricing a 97.4% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting. Index Performance (+/-) Dow Jones 0.89% S&P 500 1.25% Nasdaq 100 2.11% Russell 2000 1.64% The SPDR S&P 500 ETF Trust (NYSE: SPY ) and Invesco QQQ Trust ETF (NASDAQ: QQQ ) , which track the S&P 500 and Nasdaq 100, respectively, were higher in premarket on Monday. The SPY was up 1.29% at $751.35, while the QQQ advanced by 2.13% to $736.71. data-variant="card" data-news-mode="manual" > Read Also: Stock Market: Will S&P 500 Open Up Or Down Today? Stocks In Focus Space Exploration Technologies Corp Space Exploration Technologies Corp. (NASDAQ: SPCX ) was 5.90% higher in premarket on Monday following its debut on Friday. The listing propelled CEO Elon Musk ‘s wealth, making him the world’s first trillionaire. Taiwan Semiconductor Manufacturing Taiwan Semiconductor Ma

  • Benzinga·

    Stock Market Today: S&P 500, Nasdaq, Dow Jones Futures Gain Ahead Of SpaceX's Debut—Adobe, Lennar, CoreWeave In Focus (UPDATED)

    (Editor’s note: The future prices of benchmark tracking ETFs, and the headline were updated in the story.) U.S. stock futures rose on Friday, as the Nasdaq 100, S&P 500, and the Dow Jones indices advanced, following Thursday’s higher close. Investors are eyeing SpaceX ‘s debut under the ticker SPCX at  $135 per share , with options trading set to begin on Monday. The first few minutes are expected to be chaotic as market makers establish price discovery. Amid pushback against President Donald Trump ‘s assertions regarding an approved peace agreement, Iranian Parliament Speaker Mohammad Bagher Ghalibaf cautioned that " wrong strategies and impulsive decisions " could ignite a more expansive crisis. He warned that such actions risk devastating energy infrastructure, roiling global markets, and creating an "endless quagmire" that would last for years. Meanwhile, the 10-year Treasury bond yielded 4.44%, and the two-year bond was at 4.05%. The CME Group's FedWatch tool ‘s projections show markets pricing a 96.4% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting. Index Performance (+/-) Dow Jones 0.55% S&P 500 0.30% Nasdaq 100 0.12% Russell 2000 0.50% The SPDR S&P 500 ETF Trust (NYSE: SPY ) and Invesco QQQ Trust ETF (NASDAQ: QQQ ) , which track the S&P 500 and Nasdaq 100, respectively, were higher in premarket on Friday. The SPY was up 0.44% at $741.04, while the QQQ advanced by 0.24% to $718.82. data-variant="card" data-news-mode="manual" > Read Also: Stock Market: Will S&P 500 Open Up Or Down Today? Stocks In Focus Adobe Adobe Inc. (NASDAQ: ADBE ) declined 4.91% despite posting upbeat financial results for the second quarter and raising its guidance for the full year. It also announced that CFO and Executive VP Dan Durn will depart the company on June 15. S

  • Benzinga·Neutral

    Hormuz Energy Shock Lifts Producer Inflation To 6.5%, Highest Since December 2022 (UPDATED)

    Producer prices accelerated to 6.5% year-over-year in May, the highest since December 2022, driven primarily by a Strait of Hormuz energy shock. The headline PPI exceeded expectations of 6.4%, with gasoline prices surging 23.4%. Despite the hot inflation reading, stock futures held gains, with the S&P 500, Nasdaq 100, and Dow Jones all rising modestly in early Thursday trading.

  • Benzinga·

    Stock Market Today: Dow, S&P 500, Nasdaq 100 Futures Gain Despite Trump's Threats To Iran—Oracle, CoreWeave, Visa In Focus (UPDATED)

    (Editor’s note: The ETF futures, headline and economic data were updated in this story) U.S. stock futures rose on Thursday, as the Nasdaq 100, S&P 500, and the Dow Jones indices advanced, following Wednesday’s lower close. Initial claims for state unemployment benefits edged higher to a seasonally adjusted 229,000 for the week ending June 6, an increase of 4,000 from the prior week’s unrevised level. Meanwhile, inflation the Producer Price Index (PPI) for final demand jumped 1.1% in May. Stripping out volatile components, the core PPI—which excludes foods, energy, and trade services—advanced 0.8% for the month, recording its largest one-month increase since March 2022 and keeping structural inflation concerns at the fore. Middle East tensions have escalated significantly as the U.S. and Iran traded direct military strikes, following warnings from President Donald Trump that Tehran would “pay the price” for stalled peace talks. The renewed hostilities have severely disrupted regional stability, prompting neighboring countries like Kuwait to temporarily close their airspace amid incoming Iranian attacks. Meanwhile, the 10-year Treasury bond yielded 4.53%, and the two-year bond was at 4.12%. The CME Group's FedWatch tool ‘s projections show markets pricing a 98.3% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting. Index Performance (+/-) Dow Jones 0.68% S&P 500 0.79% Nasdaq 100 1.22% Russell 2000 1.41% The SPDR S&P 500 ETF Trust (NYSE: SPY ) and Invesco QQQ Trust ETF (NASDAQ: QQQ ) , which track the S&P 500 and Nasdaq 100, respectively, were higher in premarket on Thursday. The SPY was up 0.24% at $727.15, while the QQQ advanced by 0.57% to $697.56. data-variant="card" data-news-mode="manual" > Read Also: Stock Market: Will S&P 500 Open Up Or Down Today?

  • Benzinga·

    Inflation Surges To 4.2%, Highest Since April 2023: Wall Street Now Bets On A Fed Hike (UPDATED)

    U.S. headline inflation surged to 4.2% year-over-year in May, the highest since April 2023, driven primarily by energy price shocks from the Strait of Hormuz. Core inflation rose to 2.9%, prompting markets to price in a 96% probability of a Federal Reserve rate hike by December. Energy accounted for over 60% of monthly price increases, with gasoline up 7.0% and fuel oil up 58.9% year-over-year. Markets reacted with measured risk-on sentiment as the cooler core print offered some offset to headline pressures.

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