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

New York, Jan 15, 2026, 07:49 ET — Premarket Crude oil prices tumbled more than 3% on Thursday after U.S. President Donald Trump said killings in Iran’s crackdown on protests were stopping, easing fears of a supply shock. Brent was down $2.19 at $64.33 a barrel and U.S. West Texas Intermediate fell $2.06 to $59.96, while Saxo Bank’s Ole Hansen said “the immediate risk premium has softened but is unlikely to go away.” (Reuters) The pullback lands after a jagged week in which traders have tried to price three different flashpoints at once — Venezuela, Iran and Black Sea shipping
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

New York, Jan 15, 2026, 07:36 EST — Premarket Heating oil prices slipped in early Thursday trading, retreating from gains made earlier this week as traders balanced firm U.S. distillate inventories with mixed signals from crude markets. (CME Group) This shift is crucial as the U.S. faces peak winter demand, with heating oil and diesel pulling from the same supply. Any squeeze in distillates can quickly push up delivery costs in the Northeast and boost prices for transport fuel. Distillate refers to the industry’s category for middle fuels, primarily diesel and heating oil. The government further divides inventories by “PADDs,”
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

New York, Jan 15, 2026, 07:12 EST — Premarket The United States Gasoline Fund (UGA) closed down 1.7% on Wednesday at $64.63 and was indicated around that level in early premarket trade, as wholesale gasoline prices slid again after a sharp U.S. inventory build. (Investing.com) Gasoline trades carry extra weight right now because pump prices feed quickly into household budgets and inflation measures, and can change the tone for consumer and rate-sensitive bets. Moves in wholesale gasoline can filter into retail prices with a lag, but markets react first. The latest inventory numbers also hit at an awkward time for
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

London, Jan 15, 2026, 12:00 GMT — Regular session Brent futures tumbled more than 4% on Thursday after U.S. President Donald Trump said killings of demonstrators during protests in Iran were stopping, easing fears of a U.S. strike and supply disruptions. Brent was down $2.84, or 4.27%, at $63.68 a barrel by 1012 GMT, while U.S. West Texas Intermediate fell $2.68, or 4.32%, to $59.34. “The immediate risk premium had softened but is unlikely to go away,” Saxo Bank analyst Ole Hansen said. (Reuters) The slide matters because the market had been paying up for geopolitics. When that “risk premium”
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

NEW YORK, January 15, 2026, 06:52 (ET) — Premarket U.S. stock index futures climbed Thursday, with Nasdaq 100 contracts leading the way after Taiwan Semiconductor Manufacturing Co’s quarterly earnings and outlook boosted chip stocks. By 5:03 a.m. ET, S&P 500 futures had added 0.32%, Nasdaq 100 futures jumped 0.74%, and Dow futures inched up 0.06%. The Labor Department’s weekly jobless claims report is anticipated to show a rise to 215,000 for the week ending Jan. 5. Meanwhile, analysts project S&P 500 quarterly profit growth of 8.8% year-over-year as earnings season heats up. (Reuters) The move follows a second day of
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

New York, Jan 15, 2026, 06:49 EST — Premarket Oil prices fell more than 4% on Thursday after U.S. President Donald Trump said killings of protesters in Iran were ending, cooling fears of U.S. military action that could disrupt supply. Brent, the global benchmark, was down $2.84, or 4.27%, at $63.68 a barrel, while U.S. West Texas Intermediate (WTI) fell $2.68, or 4.32%, to $59.34 by 1012 GMT. (Reuters) The pullback comes after a jittery run where traders tried to price a “geopolitical trifecta” at once — Venezuela, Iran and the Black Sea — even as the market kept bumping
UNG plunges as U.S. natural gas prices slide on LNG feedgas drop — what traders watch next

UNG plunges as U.S. natural gas prices slide on LNG feedgas drop — what traders watch next

New York, January 15, 2026, 06:29 (ET) — Premarket Shares of the United States Natural Gas Fund (UNG), a widely traded proxy for U.S. natural gas prices, were in focus ahead of Thursday’s open after a steep pullback in gas futures linked to softer flows into LNG export plants. The move matters now because LNG exports have become a major swing factor for U.S. gas demand. When feedgas — natural gas delivered to liquefaction facilities — dips, futures can slide even if domestic heating demand is expected to rise. UNG is an exchange-traded fund that holds short-dated natural gas futures
15 January 2026
XRP price slips today as Ripple’s Luxembourg win meets a U.S. crypto bill showdown

XRP price slips today as Ripple’s Luxembourg win meets a U.S. crypto bill showdown

New York, January 15, 2026, 06:26 EST — Premarket XRP dipped around 0.5% to $2.12 on Thursday, having fluctuated between $2.09 and $2.17 earlier. Bitcoin and ether gained roughly 2% each, while the wider market remained steady. The pullback is significant because XRP continues to react to a familiar blend: regulatory news and major institutional trades. Traders are closely monitoring if policy shifts in Washington and Europe spark sustained demand or merely a fleeting surge. The policy signals came in quick succession. On Wednesday, Ripple revealed a fresh regulatory development in Europe, while U.S. lawmakers launched a debate on overseeing
Bitcoin price nears $97,000 as ETF inflows rebound and Senate crypto bill stalls

Bitcoin price nears $97,000 as ETF inflows rebound and Senate crypto bill stalls

New York, Jan 15, 2026, 06:23 EST — Premarket Bitcoin climbed roughly 2% to $96,791 early Thursday, holding close to a two-month peak. The gains came amid a surge of inflows into U.S.-listed spot bitcoin ETFs and new developments in U.S. crypto regulation. This shift is crucial as bitcoin hinges on two familiar catalysts: the potential for another U.S. interest rate cut and Washington’s progress on digital token regulations. Both tend to spark rapid shifts in sentiment—only to lose steam almost as quickly. Spot bitcoin ETFs — which hold bitcoin outright and trade on stock exchanges — have turned into
Mortgage rates today: Rocket stock wobbles as refi demand jumps

Mortgage rates today: Rocket stock wobbles as refi demand jumps

New York, Jan 15, 2026, 06:32 EST — Premarket Rocket Companies shares were down about 0.4% in premarket trading on Thursday, lagging UWM Holdings and PennyMac Financial, as investors weighed a sharp pickup in mortgage demand against fresh volatility in U.S. rates markets. LoanDepot slipped and homebuilder ETFs also edged lower. The moves matter because mortgage stocks tend to follow rate expectations more than broad equity indexes. A small drop in mortgage rates can pull sidelined borrowers back into refinancing and home-shopping, lifting volume for lenders whose revenue depends on originations. But the trade has been jumpy. Mortgage rates can
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

Amsterdam, Jan 15, 2026, 12:31 CET — Regular session ASML (ASML.AS) shares soared to a fresh peak on Thursday, lifting the chip-equipment giant’s market cap past the $500 billion mark. This followed TSMC’s decision to boost its 2026 capital expenditure, aiming to meet the rising demand for AI-related chips. By 0952 GMT, ASML was up 4.3%, marking a 23% gain for January so far. “The new plan is great for equipment vendors in 2026, it will lead to consensus estimates upgrades across the board,” said Degroof Petercam analyst Michael Roeg. (Reuters) The spending call matters because chip investors keep zeroing
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

New York, Jan 15, 2026, 06:09 EST — Premarket U.S. stock index futures edged up Thursday as semiconductor stocks gained momentum following Taiwan Semiconductor Manufacturing Co’s report of strong demand and plans for expanding U.S. capacity. S&P 500 futures climbed 0.32%, with Nasdaq 100 futures up 0.74%. Applied Materials, Lam Research, and KLA each jumped roughly 5% to 6% in premarket trading. (Reuters) The shift follows a tougher run for big tech and a second consecutive drop for the main U.S. indexes. On Wednesday, the Nasdaq lost 1%, the S&P 500 dropped 0.5%, and the Dow edged down 0.1%, with

Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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