Today: 2 July 2026

Brent crude price slides as U.S.-Iran Oman talks return — $70 back on traders’ radar

Brent crude price slides as U.S.-Iran Oman talks return — $70 back on traders’ radar

London, Feb 5, 2026, 12:04 — Regular session Brent crude futures dropped over 1% on Thursday, sliding 86 cents to $68.60 a barrel by 1036 GMT. The move came after the U.S. and Iran agreed to hold talks in Oman on Friday. Meanwhile, U.S. West Texas Intermediate crude fell 82 cents, or about 1.3%, to $64.32. John Evans, analyst at PVM Oil Associates, warned, “One untoward remark or a breakdown in talks and the Brent price will soon be banging on the door of $70 a barrel.”
5 February 2026
RBI Greenlights Vinay Tonse as Yes Bank CEO as SMBC-Backed Lender Moves to End Succession Uncertainty

RBI Greenlights Vinay Tonse as Yes Bank CEO as SMBC-Backed Lender Moves to End Succession Uncertainty

Yes Bank, backed by SMBC, announced that the Reserve Bank of India has given the nod to Vinay Muralidhar Tonse as managing director and CEO for a three-year stint, paving the way for a leadership change in early April. Tonse, who led retail operations at State Bank of India until November 30, will take over from Prashant Kumar, who stepped in following the bank’s 2020 bailout. Last year, Japan’s Sumitomo Mitsui Banking Corp acquired a 24% stake in the lender. The RBI’s nod, given in a letter dated Feb. 3, becomes effective once Tonse takes charge and still requires a green light from shareholders, the bank said. The exact date for his start has yet to be revealed.
5 February 2026
XRP price plunges 10% in crypto rout as traders hunt for a “washout” bottom

XRP price plunges 10% in crypto rout as traders hunt for a “washout” bottom

XRP dropped roughly 10% on Thursday, slipping to around $1.44. This marked its biggest one-day percentage decline since October, according to market data. The drop came as investors shied away from risk, triggering a tech-driven equity selloff and renewed swings in other assets that rattled sentiment. “Will we see the wheels start to come off a bit?” asked Craig Inches, head of rates and cash at Royal London Asset Management.
5 February 2026
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US economic calendar today: Jobless claims, JOLTS hit as Wall Street futures steady

US economic calendar today: Jobless claims, JOLTS hit as Wall Street futures steady

New York, Feb 5, 2026, 06:43 ET — Premarket U.S. stock index futures were largely flat early Thursday as traders waited for weekly jobless claims and a delayed report on job openings, and weighed Alphabet's new AI spending plan ahead of Amazon's results later in the day. By 5:16 a.m. ET, Dow E-minis, futures contracts tied to the index, were down 36 points, or 0.07%, while S&P 500 E-minis were up 9 points, or 0.13%, and Nasdaq 100 E-minis were up 78.25 points, or 0.31%. Alphabet fell 2.4% in premarket trading after laying out capital expenditure plans that could nearly double this year, while Qualcomm slid 10.4% and Arm dropped 7%; chip names such as Broadcom rose, and “unforgiving scrutiny over AI capex continues to spook investors,” said Thomas Monteiro, senior analyst at Investing.com.
5 February 2026
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Bitcoin price sinks toward $70,000 as Trump-era rally fades and ETF money runs out

Bitcoin price sinks toward $70,000 as Trump-era rally fades and ETF money runs out

Bitcoin plunged as much as 8% to roughly $69,000 on Thursday, then bounced back to around $71,000, dragged down by a tech-led sell-off in Asia that rattled risk assets. The drop followed a statement from U.S. Treasury Secretary Scott Bessent, who told lawmakers he lacks the authority to compel banks to purchase crypto assets. Bitcoin’s plunge has erased all gains made since U.S. President Donald Trump’s 2024 re-election, wiping out investor optimism that Washington might loosen digital asset regulations. The cryptocurrency was trading near $70,900 at 0430 GMT, down almost 20% so far this year after hitting a peak above $127,000 in October 2025, according to Al Jazeera.
5 February 2026
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Silver price today: Spot silver falls over 11% as dollar firms and traders cash out

Silver price today: Spot silver falls over 11% as dollar firms and traders cash out

New York, Feb 5, 2026, 06:04 — Premarket Spot silver dropped again on Thursday, down 11.3% to $78.13 an ounce by 0920 GMT, after tumbling nearly 17% earlier in the session. This came as investors pared risk following a brief two-day rally. The metal slipped on a firmer U.S. dollar and easing geopolitical tensions, which reduced safe-haven appeal. “The market has not found an equilibrium yet,” said Julius Baer analyst Carsten Menke. Saxo Bank’s Ole Hansen pointed to heavy selling once silver failed to break past $90.50—a key resistance level where sellers typically emerge. Adding to the pressure: weaker Chinese demand ahead of Lunar New Year and reports of a sizable short position.
5 February 2026
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XRP Sinks Near $1.40 as “Washout Zone” Talk Returns — and $30 Targets Resurface

XRP Sinks Near $1.40 as “Washout Zone” Talk Returns — and $30 Targets Resurface

XRP dropped roughly 12% on Thursday, sliding to about $1.40. The steep retreat has traders wary of forced selling and potential false breakouts, though a few analysts still hold onto longer-term bullish forecasts. The decline is significant since XRP has evolved beyond a simple retail token narrative. It now serves as a benchmark for whether emerging regulated channels into crypto—like spot exchange-traded funds—can sustain demand when investors pull back.
5 February 2026
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Suzlon Energy Q3 results: Profit up 15%, revenue jumps 42% — but shares still slide

Suzlon Energy Q3 results: Profit up 15%, revenue jumps 42% — but shares still slide

Suzlon Energy Ltd shares slipped nearly 6% to hit a low of 47.76 rupees on Thursday, despite the wind turbine maker’s third-quarter profit rising. The company reported a consolidated net profit of 4.45 billion rupees for the quarter ended Dec. 31, marking a 15% increase year-on-year. Revenue from operations surged 42% to 42.28 billion rupees. https://www.moneycontrol.com/news/business/markets/q3-results-impact-suzlon-energy-shares-fall-6-godrej-properties-down-4-after-revenue-drops-49-13813381.html Suzlon’s latest update is significant as it remains one of the few domestic turbine manufacturers with substantial scale. Its delivery speed directly impacts project deadlines and cash flows. The company reported a record 617 megawatts delivered in the quarter, with 2.4 gigawatts of projects currently underway. As of December 31, it held net cash of 15.56 billion rupees. CEO JP Chalasani highlighted that the “closing order book of 6.4 GW” exceeded the opening order book, signaling a firm backlog of orders. https://upstox.com/news/market-news/earnings/suzlon-energy-q3-results-net-profit-rises-15-to-445-crore-revenue-advances-42/article-188997/
5 February 2026
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Google’s $185B AI spending plan jolts tech stocks as AMD plunges

Google’s $185B AI spending plan jolts tech stocks as AMD plunges

World stocks dipped Thursday after Alphabet unveiled plans to boost capital spending to as much as $185 billion by 2026. Chipmaker AMD’s 17% drop the day before added to a tech selloff that’s erased nearly $850 billion in market value this month. Craig Inches, head of rates and cash at Royal London Asset Management, described the markets as being at a “delicate stage.” https://www.reuters.com/business/retail-consumer/global-markets-global-markets-2026-02-05/ This pullback is significant as investors have relied heavily on a handful of AI-driven megacaps to prop up key indexes. The focus now shifts to expenses — specifically, how much the expansion of data centers will erode margins before revenue growth catches up.
5 February 2026
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Gold price today: Spot gold slips below $4,920 as dollar firms ahead of ECB, BoE calls

Gold price today: Spot gold slips below $4,920 as dollar firms ahead of ECB, BoE calls

New York, Feb 5, 2026, 06:11 EST — Premarket Gold prices slipped on Thursday as the dollar hovered near a two-week peak and a wider market selloff spurred traders to trim positions. Spot gold dropped 0.9% to $4,917.61 an ounce by 07:54 GMT, after tumbling nearly 4% earlier. U.S. April gold futures edged down 0.3% to $4,936.30, while spot silver plunged 9.3% to $79.88. “Traders are more circumspect now on gold in light of recent extreme volatility,” said Tim Waterer, KCM chief trade analyst.
5 February 2026
Stock Market Today: S&P 500 futures steady after tech slump as Alphabet AI spending rattles investors

Stock Market Today: S&P 500 futures steady after tech slump as Alphabet AI spending rattles investors

New York, Feb 5, 2026, 05:58 EST — Premarket U.S. stock index futures showed a mixed picture early Thursday following a sharp tech sell-off. Nasdaq 100 futures ticked up 0.13%, while Dow futures fell 0.20%, and S&P 500 futures inched down 0.01%. These contracts trade before the cash market opens and often hint at Wall Street's initial direction.
5 February 2026
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Stock Market Today

  • Paying Off Debt May Come Before 401(k) Max-Out, Say Advisors
    July 2, 2026, 5:03 PM EDT. Financial advisors say maxing your 401(k) isn't always the right move if you're carrying high-interest credit card balances or similar debt. They recommend getting the employer match, but say putting extra cash toward debt and an emergency fund first can leave you better off in the short run and save on interest. Letting debt pile up while focusing only on retirement contributions can strain your finances and knock long-term plans off course.
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