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Lead StoryFederal Reserve12:46 PM ET

Crude Oil Gains Over 2%; US Dallas Fed Manufacturing Index Surges In August

U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling more than 100 points on Monday.The Dow traded down 0.64% to 53,219.55 while the NASDAQ dipped 0.40% to 26,296.20. The S&P 500 also

Why it
matters

Oil prices went up, and factories in Texas said business is getting better. When factories do well, it can mean the economy is getting stronger, though today the stock market still went down a little.

AI-Generated · Educational · Not Advice
Read full story →Source · Benzinga
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09:35 AM ETFederal Reserve

SoFi Stock Edges Lower Monday as Geopolitical Tensions and Interest Rate Uncertainty Hit Fintech

WhySoFi's stock price dropped a little because people are worried about world events and changes in interest rates, which affect how much money banks can make on loans. When big worries pop up, investors get nervous and sell stocks, even at good companies.
SOFISource · Benzinga
Neutral
09:06 AM ETFederal Reserve

Why Is Wall Street’s Bull Market Holding Up Despite a Treasury Bear Market?

WhyStock prices are going up while government bonds are going down—two things usually don't happen at the same time. Investors watch what bonds do because they sometimes hint at what stocks might do next, so this unusual pattern is worth paying attention to.
SPYTLTSource · Benzinga
Neutral

Educational commentary, not financial advice. No outcomes guaranteed. Headlines link to the original publisher.