Today: 5 June 2026

Shan Ahmed Khan

As a journalist focused on finance and the stock market, he delivers fast, reliable, and easy-to-understand coverage of market news.

Brent oil price breaks $70 as Iran tensions lift crude — what traders watch next

Brent oil price breaks $70 as Iran tensions lift crude — what traders watch next

Brent crude futures surged over 2% Thursday, briefly topping $70 a barrel for the first time in four months, as traders weighed the risk of a U.S. strike on Iran and possible closure of the Strait of Hormuz. U.S. crude inventories fell by 2.3 million barrels last week, while winter storms cut U.S. output by up to 2 million barrels per day. OPEC+ is expected to keep output steady at its February 1 meeting.
29 January 2026
US gasoline price today: futures climb as winter storm squeezes supply, drivers eye next EIA data

US gasoline price today: futures climb as winter storm squeezes supply, drivers eye next EIA data

NYMEX RBOB gasoline futures rose 1.06% to $1.9243 a gallon early Thursday, after a winter storm disrupted U.S. refinery operations. AAA reported the national average pump price at $2.87 a gallon, nearly unchanged from Wednesday. Gasoline inventories increased slightly, while refinery utilization slipped to 90.9%, according to EIA data. Brent crude closed Wednesday at $67.85 a barrel.
29 January 2026
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Oil prices jump again as Brent breaks $70 on Iran strike fears

Oil prices jump again as Brent breaks $70 on Iran strike fears

Brent crude topped $70 Thursday as fears of a potential U.S. strike on Iran and a U.S. winter storm disrupting output fueled a price surge. U.S. crude stocks fell by 2.3 million barrels last week, pushing inventories 3% below the five-year average. A U.S. carrier group moved closer to Iran, raising geopolitical risk. Both Brent and WTI are on track for their biggest monthly gains since July 2023.
29 January 2026
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XRP price dips today despite Ripple Treasury rollout and fresh U.S. court ruling

XRP price dips today despite Ripple Treasury rollout and fresh U.S. court ruling

XRP fell 3.1% to $1.86 early Thursday after Ripple launched its “Ripple Treasury” platform and won a key Ninth Circuit ruling blocking federal claims in an XRP class action. Bitcoin and ether also declined. The Federal Reserve left rates unchanged Wednesday. The White House will meet bank and crypto leaders Feb. 2 to discuss the stalled “Clarity Act” and stablecoin rewards.
29 January 2026
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Bitcoin price slips below $88,000 as Fed pause and ETF outflows keep crypto pinned

Bitcoin price slips below $88,000 as Fed pause and ETF outflows keep crypto pinned

Bitcoin fell 1.8% to $87,686 in early New York trading Thursday after the Federal Reserve held rates steady and signaled no imminent cuts. U.S. spot bitcoin ETFs saw $19.6 million in net outflows on Jan. 28, with BlackRock’s IBIT losing $14.2 million and Fidelity’s FBTC gaining $19.5 million. Ether dropped 3% to $2,924. Gold surged 4% Wednesday, nearing $5,400 an ounce.
29 January 2026
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Gold price today: $5,600 record streak keeps traders watching Iran, Fed chair pick

Gold price today: $5,600 record streak keeps traders watching Iran, Fed chair pick

Spot gold hit a record $5,594.82 an ounce early Thursday before easing to $5,516.71, up 2.2%. U.S.-Iran tensions and a weaker dollar fueled safe-haven demand. The Fed left rates unchanged Wednesday, with Chair Powell signaling patience. U.S. February gold futures peaked at $5,626.80, while SPDR Gold Trust holdings reached their highest since May 2022.
29 January 2026
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US stock market today: S&P 500 futures rise as Meta surges, Microsoft drops ahead of Apple earnings

US stock market today: S&P 500 futures rise as Meta surges, Microsoft drops ahead of Apple earnings

S&P 500 and Nasdaq futures rose early Thursday as Meta jumped 7.9% and Tesla gained 2.9% after earnings, while Microsoft fell 6.4%. Rare-earth miners dropped on reports the Trump administration may pull back mineral price supports. The S&P 500 closed Wednesday at 6,978.03 after briefly topping 7,000, while the Fed held rates steady and gave little guidance on cuts.
29 January 2026
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FTSE 100 rises as miners lift London stocks; 3i soars, Lloyds upgrades targets

FTSE 100 rises as miners lift London stocks; 3i soars, Lloyds upgrades targets

London’s FTSE 100 rose 0.44% to 10,198.75 by 1105 GMT, led by mining and financial stocks. Gold surged near $5,600 an ounce, hitting new highs as investors sought safe havens amid geopolitical tensions and a weaker dollar. 3i Group jumped 14% after strong results from Action, while Lloyds gained 0.5% on a profit beat and new share buyback. Sterling hovered near multi-year highs against the dollar.
29 January 2026
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Australia stock market today: ASX 200 slips as rare earths tumble, RBA rate call looms

Australia stock market today: ASX 200 slips as rare earths tumble, RBA rate call looms

The S&P/ASX 200 closed down 0.07% at 8,927.5 after higher-than-expected inflation data pushed traders to adjust rate hike bets ahead of the RBA’s meeting next week. Tech and rare earth stocks fell, with Iluka dropping nearly 14% after flagging A$565 million in charges. Miners and energy shares gained on strong commodity prices. The Australian dollar hit a three-year high before easing.
29 January 2026
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3i Group share price jumps as Action sales pick up; £1bn GIC deal in focus

3i Group share price jumps as Action sales pick up; £1bn GIC deal in focus

3i Group shares surged 10.6% after reporting stronger January trading at Action and announcing a deal to raise its stake in the retailer to 65.3% via a share-funded transaction with GIC. Diluted NAV per share rose to 3,017 pence as of Dec. 31. Action’s like-for-like sales grew 6.1% in January after a slower 2025, with France recovering from earlier declines. The GIC deal is expected to close Jan. 30.
29 January 2026
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AAOI stock cools in premarket after 21% surge as options heat up and insider files to sell shares

AAOI stock cools in premarket after 21% surge as options heat up and insider files to sell shares

Applied Optoelectronics shares fell 0.6% to $44.95 premarket Thursday after a 21% surge the previous day. Options trading spiked, with call volume quadrupling and implied volatility hitting 116.66%. Insider David Kuo filed to sell 12,000 shares worth about $540,671. Roughly 18% of the float remains short, drawing attention from traders ahead of the next earnings report.
29 January 2026
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Stock Market Today

  • BHP Secures Rail Agreements for Jansen Potash Project Ahead of Production
    June 5, 2026, 3:30 PM EDT. BHP Group's subsidiary, BHP Canada Inc., has sealed four-year transportation contracts with Canadian National Railway and Canadian Pacific Kansas City. This ensures dual rail connectivity for the Jansen potash project, set for initial production by mid-2027. The logistics framework connects Jansen directly to Vancouver's Westshore Terminals, enhancing supply-chain stability for international potash exports. Jansen is a high-grade resource with over 100 years of mine life, projected to reach 8.51 million tons annual capacity, positioning BHP as a top global potash producer by decade-end. Shares have risen 79.1% in the past year. BHP focuses capital expenditure on copper and potash to leverage trends like decarbonization and electrification, with Stage 2 production expected in fiscal 2031.

Latest articles

Valens Semiconductor Drops 38% as Chip Stocks Slide

Valens Semiconductor Drops 38% as Chip Stocks Slide

5 June 2026
Valens Semiconductor shares crashed 38% to $2.00 on record volume after May U.S. payrolls surged, sparking a broad chip stock selloff and sector-wide valuation reset, despite Valens’ Q1 revenue beating guidance and analysts holding a mean “buy” rating with a $4.333 target before the rout.
AMD Stock Slumps as AI Chip Trade Meets a Jobs-Report Shock

AMD Stock Slumps as AI Chip Trade Meets a Jobs-Report Shock

5 June 2026
Lider Electric’s LN-1450RH and LN-1450RHW NEMA 14-50 receptacles received UL certification with Electric Vehicle Marking, targeting the fast-growing home EV charging market as private light-duty vehicle charging points topped 43 million in 2025, but the crowded field and installation requirements pose challenges for adoption.
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