Today: 7 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.

Mortgage rates just jumped again — and Greenland tariffs are suddenly in the mix for U.S. homebuyers

Mortgage rates just jumped again — and Greenland tariffs are suddenly in the mix for U.S. homebuyers

The average 30-year fixed mortgage rate jumped 14 basis points to 6.21% Tuesday, reversing recent declines. The move followed tariff threats tied to President Trump’s push to buy Greenland, which sent bond yields to a four-month high. The White House’s $200 billion mortgage-bond buying plan faces new pressure as rates climb. Treasury yields rose to 4.275%, their highest since September.
21 January 2026
Davos 2026: PwC CEO survey flags 5-year low in revenue confidence as India jumps to No.2 investment pick

Davos 2026: PwC CEO survey flags 5-year low in revenue confidence as India jumps to No.2 investment pick

Just 30% of CEOs expect revenue growth in the next year, the lowest confidence in five years, PwC reported at Davos. Over half say AI investments have not produced significant financial returns. India now ties the UK and Germany as the second most popular destination for cross-border investment, behind the U.S. One in five CEOs worldwide cite high vulnerability to trade tariffs.
21 January 2026
Russia’s new crypto crackdown: $128,000 fines proposed for illegal mining in banned regions

Russia’s new crypto crackdown: $128,000 fines proposed for illegal mining in banned regions

Russian lawmakers have introduced a bill imposing new fines and equipment seizures for illegal cryptocurrency mining, targeting operations in regions with government bans. Repeat corporate offenders could face penalties up to 10 million roubles and suspension of activities. The draft also tightens reporting rules and penalizes miners exceeding electricity limits. Mining was legalized in 2024 but faces new regional restrictions.
21 January 2026
Russia moves to slap illegal crypto miners with fines up to 10 million rubles

Russia moves to slap illegal crypto miners with fines up to 10 million rubles

Russian lawmakers submitted a bill imposing fines up to 10 million rubles and equipment seizure for illegal cryptocurrency mining, targeting unregistered operations in banned regions. The draft follows government efforts to curb power grid strain and recover billions in lost tax revenue. The bill has government backing and is set for parliamentary debate this spring.
21 January 2026
Jardine Matheson share price today: J36 slips as buybacks and Mandarin Oriental delisting land

Jardine Matheson share price today: J36 slips as buybacks and Mandarin Oriental delisting land

Jardine Matheson shares fell 0.6% to US$74.46 in Singapore Wednesday after regulatory filings showed continued share buybacks and a completed cash acquisition of the remaining Mandarin Oriental stake. The company repurchased and cancelled over 100,000 shares this week, reducing issued capital. Allan & Gill Gray Foundation’s voting rights dipped just below 5%. Broader market sentiment remained cautious after a sharp U.S. selloff.
21 January 2026
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Keppel share price slips as SGX:BN4 eases for a second session

Keppel share price slips as SGX:BN4 eases for a second session

Keppel Ltd shares slipped 0.7% to S$10.72 by mid-afternoon Wednesday, following broader market weakness. The stock has fallen for a second straight day, after closing at S$10.96 on Monday. Keppel filed a routine trust deed report tied to its US$5 billion note programme late Tuesday. The company said its Melbourne data-centre project will not significantly impact earnings or book value this year.
21 January 2026
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Stock Market Today

  • Wall Street slips as big tech stocks fall; strong jobs report fuels rate hike bets
    June 7, 2026, 4:15 AM EDT. U.S. stocks fell sharply Friday, with the S&P 500 dropping 2.6%, marking its worst day since October. The Dow lost 1.4%, while the tech-heavy Nasdaq plunged 4.2%, dragged down by major technology stocks including Nvidia (-6.2%), Broadcom (-7.9%), and Micron Technology (-13.3%). Meta shares dropped 5.5% amid reports of a potential stock offering to fund AI investments. A stronger-than-expected May jobs report, showing 172,000 new payrolls, strengthened bets that the Federal Reserve will raise interest rates later this year. Bond yields rose, with the 10-year Treasury yield climbing to 4.54%. Despite President Trump's calls for rate cuts, markets now largely rule out easing in 2024, focusing instead on possible hikes to combat inflation pressures.

Latest articles

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 07.06.2026

7 June 2026
LIVEMarkets rolling coverageStarted: June 7, 2026, 4:00 AM EDTUpdated: June 7, 2026, 4:18 AM EDT Wall Street slips as big tech stocks fall; strong jobs report fuels rate hike bets June 7, 2026, 4:15 AM EDT. U.S. stocks fell sharply Friday, with the S&P 500 dropping 2.6%, marking its worst day since October. The Dow lost 1.4%, while the tech-heavy Nasdaq plunged 4.2%, dragged down by major technology stocks including Nvidia (-6.2%), Broadcom (-7.9%), and Micron Technology (-13.3%). Meta shares dropped 5.5% amid reports of a potential stock offering to fund AI investments. A stronger-than-expected May jobs report, showing 172,000
UiPath Stock Set for Inflation Test After Swings in AI-Driven Trading

UiPath Stock Set for Inflation Test After Swings in AI-Driven Trading

7 June 2026
UiPath shares fell 3.68% to $11.24 Friday, wiping out Monday’s 11.77% rally despite reporting 17% revenue growth and its first-ever first-quarter GAAP profit, as a broader tech selloff and persistent analyst “Hold” ratings outweighed strong guidance and new customer wins.
Caterpillar flat at end of strong week, inflation on radar

Caterpillar flat at end of strong week, inflation on radar

7 June 2026
Caterpillar tumbled 3.85% Friday to $904.28 after hitting a 52-week high, as a strong jobs report sent Treasury yields soaring and triggered a broad market selloff; despite the drop, Caterpillar remains up 3.2% for the week, with investors now weighing its record backlog and first-quarter growth against rising rate risks and a more cautious market.
Nuclear decision gives Constellation boost, but CEG stock slides

Nuclear decision gives Constellation boost, but CEG stock slides

7 June 2026
Constellation Energy shares closed at $254.83, down 3.7% and 11% below the $287.75 price in last week’s prospectus, after a shareholder offering and despite a regulatory win for its Three Mile Island restart plan; investors now face a weekend to digest new stock supply, rate worries, and nuclear project risks before Monday’s open.
Portnoy’s Bitcoin, XRP Losses Mount In $390B Crypto Drop

Portnoy’s Bitcoin, XRP Losses Mount In $390B Crypto Drop

7 June 2026
Strategy’s surprise sale of 32 Bitcoin for $2.5 million to fund preferred stock distributions rattled investors, raising fears it may sell more to meet obligations, as Bitcoin and Ether posted their worst weekly losses since 2022 and crypto-linked stocks like Coinbase and Robinhood plunged up to 11% amid a $390 billion market wipeout.
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