Today: 8 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.

Crude oil price tumbles on Iran de-escalation; USO stock slips before the bell

Crude oil price tumbles on Iran de-escalation; USO stock slips before the bell

Crude oil prices fell over 3% Thursday after President Trump said Iran’s protest crackdown was easing, reducing supply fears. Brent dropped to $64.33 a barrel, U.S. crude to $59.96. U.S. inventories rose by 3.4 million barrels last week, while gasoline stocks jumped 9 million. Tanker shipments hit 1.3 billion barrels, the highest since mid-2020, signaling supply is outpacing demand.
Heating oil price slips 3% as U.S. distillate stockpiles stay tight — what traders watch next

Heating oil price slips 3% as U.S. distillate stockpiles stay tight — what traders watch next

NY Harbor ULSD futures fell nearly 3% to about $2.20 a gallon in early Thursday trading, tracking weakness across the energy sector. U.S. distillate inventories held steady at 129.2 million barrels, but East Coast stocks dropped by 0.7 million to 32.2 million, EIA data showed. Refineries ran at 95.3% capacity while distillate production edged down. Markets await the Jan. 22 government inventory report.
Gasoline prices wobble: UGA gasoline ETF dips after EIA flags big U.S. inventory build

Gasoline prices wobble: UGA gasoline ETF dips after EIA flags big U.S. inventory build

U.S. gasoline inventories rose by 9 million barrels last week, pushing wholesale gasoline futures down 2.6% early Thursday to $1.7838 a gallon. The United States Gasoline Fund (UGA) closed Wednesday at $64.63, down 1.7%. Retail gasoline averaged $2.91 a gallon on Jan. 12, slightly lower than the previous week. Traders await the next EIA inventory report on Jan. 22.
Brent crude price sinks as Trump cools Iran fears; traders refocus on inventories

Brent crude price sinks as Trump cools Iran fears; traders refocus on inventories

Brent crude fell over 4% to $63.68 a barrel Thursday after U.S. President Trump said violence in Iran was easing, reducing fears of supply disruption. U.S. crude inventories rose by 3.4 million barrels and gasoline stocks jumped 9 million, adding pressure. Brent had settled higher in New York before reversing on Trump’s remarks. Traders await next week’s IEA and U.S. inventory data for direction.
15 January 2026
US stock futures today: TSMC lifts chip stocks as traders scan the U.S. economic calendar

US stock futures today: TSMC lifts chip stocks as traders scan the U.S. economic calendar

U.S. stock index futures rose early Thursday, led by a 0.74% jump in Nasdaq 100 contracts after TSMC’s record earnings and strong chip outlook. S&P 500 futures gained 0.32%, Dow futures edged up 0.06%. Goldman Sachs and Morgan Stanley will report earnings before the open. Weekly jobless claims and key regional factory surveys are due later this morning.
Oil prices tumble 4% on Trump Iran remarks, putting Exxon and Chevron in focus premarket

Oil prices tumble 4% on Trump Iran remarks, putting Exxon and Chevron in focus premarket

Brent crude dropped 4.27% to $63.68 a barrel and WTI fell 4.32% to $59.34 after President Trump said killings in Iran were ending, easing supply fears. U.S. crude stocks rose by 3.4 million barrels last week. Chevron and Exxon shares slipped in premarket trading after gains Wednesday. The U.S. completed initial Venezuelan oil sales tied to a $2 billion deal, with more expected.
ASML stock hits record high, clears $500B as TSMC lifts AI chip spending plan

ASML stock hits record high, clears $500B as TSMC lifts AI chip spending plan

ASML shares hit a record high Thursday, pushing its market value above $500 billion after TSMC announced a 2026 capital budget of up to $56 billion. ASML rose 4.3% by 0952 GMT, while U.S. chip tool makers also rallied. TSMC’s Q4 profit beat expectations, but its CEO warned of possible risks from an AI investment bubble. ASML reports earnings Jan. 28.
TSMC jolts Wall Street futures higher as chip stocks pop before the open

TSMC jolts Wall Street futures higher as chip stocks pop before the open

S&P 500 and Nasdaq 100 futures rose Thursday after TSMC reported record fourth-quarter profit and raised its 2026 capital spending forecast to up to $56 billion. Applied Materials, Lam Research, and KLA jumped 5% to 6% premarket. Oil prices slid over 4% after Trump eased rhetoric on Iran. Major banks warned a proposed cap on credit card interest rates could restrict consumer lending.
Gold price slips from record high as GLD stock dips premarket; miners in focus

Gold price slips from record high as GLD stock dips premarket; miners in focus

Gold-backed stocks and ETFs slipped in U.S. premarket trading Thursday as spot gold retreated 0.4% to $4,602.99 an ounce, off Wednesday’s record. SPDR Gold Shares fell 0.3% to $424.68, while Newmont and Agnico Eagle also edged lower. The pullback followed signals from Washington of easing geopolitical tensions and a delay in new tariffs. Traders await U.S. data and the late January Fed meeting for direction.
UK stock market today: FTSE 100 hits fresh record as Schroders jumps, Dunelm dives

UK stock market today: FTSE 100 hits fresh record as Schroders jumps, Dunelm dives

The FTSE 100 reached a new record on Thursday, rising 0.45% by mid-morning, while the FTSE 250 gained 0.7%. Asset managers and banks led the advance, with Schroders and Ashmore posting strong results. Dunelm plunged 16.6% after warning on profits. Official data showed UK GDP grew 0.3% in November.
Silver price stock SLV slips before the bell after record silver spike — what traders watch next

Silver price stock SLV slips before the bell after record silver spike — what traders watch next

SLV fell 2.5% to $82.44 in premarket trading Thursday after closing up 7.6% at $84.56 on Wednesday. Spot silver retreated to $89.97 from a record $93.57 as traders took profits. The pullback followed calmer geopolitical signals and a U.S. decision to delay mineral tariffs. U.S. jobless claims and import/export price data are due at 8:30 a.m. ET.
Dow Jones futures edge higher after TSMC forecast, with banks back in focus

Dow Jones futures edge higher after TSMC forecast, with banks back in focus

Dow Jones futures rose 0.06% early Thursday after TSMC projected strong growth and signaled plans to expand U.S. manufacturing. The Dow closed down 0.09% Wednesday, pressured by falling bank shares amid concerns over a proposed cap on credit-card rates. Wells Fargo dropped 4.6% after missing profit targets. Oil prices slid more than 2% in early Asian trading.
India stock market closed today: Sensex, Nifty reopen Friday — what traders are watching

India stock market closed today: Sensex, Nifty reopen Friday — what traders are watching

Indian stock markets were closed Thursday for a local holiday after the Nifty 50 and Sensex each posted their eighth straight loss Wednesday, dragged by tariff worries and foreign investor outflows. Infosys raised its FY26 revenue-growth forecast despite a drop in net profit. Oil prices fell over 3% overnight. India’s wholesale prices rose 0.83% in December, beating expectations.
Oakville teens land early funding for shark-deterring net as Halton board steps up mental health push

Oakville teens land early funding for shark-deterring net as Halton board steps up mental health push

Three Grade 11 students from Oakville’s T.A. Blakelock High School have raised about $5,500 for a shark-repelling fishing net using recycled materials, electromagnets, and blue LEDs, the Halton District School Board said Thursday. Most funding came from a Rotary conference in Orillia. The team is seeking intellectual property protection and plans to test the net on the East Coast.
15 January 2026
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Stock Market Today

  • Howard Hughes Holdings (HHH) Stock Analysis Reveals Potential Undervaluation
    June 8, 2026, 3:42 AM EDT. Howard Hughes Holdings (HHH) shares recently closed at $65.13, down 34% over five years but gaining 3.6% last week. A Discounted Cash Flow (DCF) analysis, which forecasts future cash flows to estimate stock value, indicates a fair value of $101.15 per share. This suggests HHH is undervalued by 35.6% compared to its current price. The company reported a free cash flow of $437.2 million over the last twelve months, projected to rise to $625.994 million by 2030. Despite mixed share performance, this valuation implies potential for investors seeking opportunities in the real estate management and development sector.

Latest articles

Snap Drops 5%—Ad Recovery Eyed Next

Snap Drops 5%—Ad Recovery Eyed Next

8 June 2026
Snap closed Friday at $5.76, down 5.11% amid a broad tech selloff triggered by a strong jobs report and renewed rate-hike worries, but still ended the week up 0.9%. Investors now await U.S. inflation data and CEO Evan Spiegel’s June 16 AWE keynote on Specs, as Snap faces pressure from weak North American ad revenue, tough competition, and activist demands for cost cuts.
Navitas’ Nvidia-Led Rally Stalls, Eyes on AI Trade Next Week

Navitas’ Nvidia-Led Rally Stalls, Eyes on AI Trade Next Week

8 June 2026
Navitas plunged $5.61 to $25.08 Friday as a $1.3 trillion chip selloff erased Nvidia-driven gains, despite news it issued 3.28 million shares for merger earn-outs and showcased its GaNFast power board at Nvidia’s AI MGX event; investors now face risks from share dilution, sector volatility, and Navitas’s early-stage pivot to high-power AI markets amid ongoing operating losses.
NIO Stock Drops Even as Deliveries Jump, Focus Turns to June Numbers

NIO Stock Drops Even as Deliveries Jump, Focus Turns to June Numbers

8 June 2026
NIO’s U.S.-listed shares plunged 5.8% Friday, erasing a delivery-led rally, as investors focus on whether June sales can hit the company’s Q2 target after May deliveries rose 62.3% to 37,705. NIO needs 42,939–47,939 June deliveries to meet guidance, with risks from China’s saturated car market and recent price pressure.
HPE Stock Faces AI Rally Test With Monday In Focus

HPE Stock Faces AI Rally Test With Monday In Focus

8 June 2026
Hewlett Packard Enterprise plunged 8.36% Friday to $49.20, capping a three-day slide and erasing gains after a post-earnings surge, even as it raised its fiscal 2026 revenue growth outlook to 29%-33% and boosted non-GAAP EPS guidance, with analysts warning that rapid gains may have priced in too much hope too quickly.
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