Today: 11 June 2026
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NYSE:WFC 22 February 2026 - 5 June 2026

Wall Street Rally Runs into May Jobs Report as Fed, AI Moves Hang Over Market

Wall Street Rally Runs into May Jobs Report as Fed, AI Moves Hang Over Market

S&P 500 and Nasdaq closed May at record highs, capping nine straight weeks of gains. Investors await Friday’s nonfarm payrolls and key tech earnings from Palo Alto Networks, CrowdStrike, and Broadcom. April’s PCE inflation hit 3.8%, while Q1 GDP growth was cut to 1.6%. Fed officials warn on inflation risks from Iran conflict. Dollar General reports Tuesday. Market focus shifts to economic data and Fed policy meeting June 16-17.
Gold Drops on Dollar Gains, Wall Street Sinks as Yields Jump

Gold Drops on Dollar Gains, Wall Street Sinks as Yields Jump

The dollar rose for a fifth day Friday, pushing gold to a one-week low and sending the euro to $1.1623, its weakest in five weeks. U.S. crude jumped 4.2% to $105.42 a barrel amid concerns over the Strait of Hormuz. The 10-year Treasury yield hit an 11.75-month high at 4.58%, while the Nasdaq ended a six-week winning streak. Silver plunged 7.7% to $77.07 an ounce.
16 May 2026
US Stock Market Today: Nasdaq Hits Record as Oil Retreats and Earnings Lift Wall Street

US Stock Market Today: Nasdaq Hits Record as Oil Retreats and Earnings Lift Wall Street

The S&P 500 rose 0.83% to 7,260.23 and the Nasdaq gained 1% as tech shares led a rebound, while Brent crude fell 3.31% to $110.65. LSEG data showed first-quarter S&P 500 earnings growth above 18%, with 83% of companies beating estimates. Job openings dropped but hiring surged in March. The Federal Reserve kept rates steady, citing inflation and Middle East uncertainty.
Bank of America’s $16 Billion Oracle AI Data Center Deal Puts Wall Street’s AI Bet Under a Harsh Light

Bank of America’s $16 Billion Oracle AI Data Center Deal Puts Wall Street’s AI Bet Under a Harsh Light

Bank of America acted as structuring agent and financial advisor on a $16 billion financing for an Oracle-linked data center in Saline Township, Michigan. The bank sold $14 billion in bonds for the project, with Blackstone contributing $2 billion in equity. PIMCO bought about $10 billion of the bonds. Local opposition over power use and environmental impact continues.
Mortgage Rates Today: 30-Year Fixed Holds Near One-Month Low, but Spring Buyers Stay on the Sidelines

Mortgage Rates Today: 30-Year Fixed Holds Near One-Month Low, but Spring Buyers Stay on the Sidelines

U.S. 30-year fixed mortgage rates hovered near a four-week low Wednesday, with Mortgage News Daily reporting 6.32%, up 0.01 point. Refinance applications jumped 5.1% last week as rates eased, but purchase applications fell 1%, according to the Mortgage Bankers Association. Builder sentiment dropped to a seven-month low. The 10-year Treasury yield rose to 4.278% amid Middle East tensions.
15 April 2026
Wells Fargo Profit Beats in Q1, But Revenue Miss and Lower Rates Hit Shares

Wells Fargo Profit Beats in Q1, But Revenue Miss and Lower Rates Hit Shares

Wells Fargo reported a 7% rise in first-quarter net income to $5.25 billion, beating profit estimates, but missed on revenue and core lending metrics, sending shares lower premarket. Net interest income came in at $12.1 billion, short of forecasts, while noninterest income also missed expectations. Provision for credit losses rose 22% to $1.135 billion. The bank kept its 2026 outlook unchanged.
14 April 2026
US Stock Market Week Ahead: Iran Talks, Bank Earnings and PPI Top What to Watch Before Monday’s Open

US Stock Market Week Ahead: Iran Talks, Bank Earnings and PPI Top What to Watch Before Monday’s Open

Three supertankers passed through the Strait of Hormuz on Saturday as U.S.-Iran talks continued in Islamabad, signaling possible easing of the March energy shock. The S&P 500 nearly erased losses from February’s U.S.-Israeli strikes on Iran, while Friday saw the Dow fall 0.56%, S&P 500 slip 0.11%, and Nasdaq gain 0.35% on chip stock strength.
Mortgage Rates Today: 30-Year Fixed Dips to 6.43%, but Spring Buyers Get Little Relief

Mortgage Rates Today: 30-Year Fixed Dips to 6.43%, but Spring Buyers Get Little Relief

U.S. mortgage rates edged down Monday, with Mortgage News Daily reporting the average 30-year fixed at 6.43%, down 0.02 percentage point. Purchase applications fell 3% last week, according to the Mortgage Bankers Association. Redfin said the median monthly mortgage payment reached $2,742, the first year-over-year rise in nearly six months. Analysts expect rates to stay elevated amid economic uncertainty and Middle East tensions.
Silver Price Today: Silver Slips as Fed Cut Bets Fade and Iran Oil Risk Lifts Inflation Fears

Silver Price Today: Silver Slips as Fed Cut Bets Fade and Iran Oil Risk Lifts Inflation Fears

Spot silver fell 0.9% to $72.32 an ounce Monday, while gold, platinum, and palladium also weakened. Wells Fargo no longer expects Fed rate cuts in 2026, and Citigroup delayed its forecast to September. The dollar index slipped despite Brent crude near $110. U.S., Iranian, and regional mediators are discussing a ceasefire that could reopen the Strait of Hormuz.
Gold Price Today Holds Near $4,670 as Iran Deadline and Fed Rate Fears Cap Bullion (Reuters)

Gold Price Today Holds Near $4,670 as Iran Deadline and Fed Rate Fears Cap Bullion (Reuters)

Gold steadied near $4,670 an ounce Monday after an early drop, as traders watched President Trump’s Tuesday deadline for Iran to make a deal on the Strait of Hormuz. Spot gold was little changed at $4,669.27 by 11:22 a.m. ET, while U.S. gold futures rose 0.3% to $4,694.50. Wells Fargo and Citigroup both pushed back expectations for Federal Reserve rate cuts. Iran rejected a temporary ceasefire as talks continued.
Dow Jones Today: Industrial Average Rises as Iran Ceasefire Hopes Offset Oil and Fed Fears

Dow Jones Today: Industrial Average Rises as Iran Ceasefire Hopes Offset Oil and Fed Fears

The Dow Jones rose 83.20 points to 46,587.48 by midday Monday as hopes for Iran ceasefire talks steadied Wall Street. JPMorgan Chase and Visa led gains, while oil stayed above $110 a barrel and services PMI slipped to 54.0. Iran rejected a ceasefire, and President Trump set a Tuesday deadline to reopen the Strait of Hormuz. Trading was lighter due to holidays in Europe and Asia.
Wells Fargo Outage Today: Thousands Report Online Banking and App Login Problems

Wells Fargo Outage Today: Thousands Report Online Banking and App Login Problems

Wells Fargo’s online and mobile banking services were down for thousands of U.S. customers Monday, with Downdetector logging over 6,000 outage reports by 8 a.m. Pacific. Users reported login failures and missing account information. The bank directed customers to ATMs, branches, and phone support while working to restore access. Wells Fargo had not explained the cause by early afternoon.
31 March 2026
Bank of America Stock Price Today: BAC Rises as Fed Capital Relief Meets Credit Fears

Bank of America Stock Price Today: BAC Rises as Fed Capital Relief Meets Credit Fears

Bank of America shares rose 0.6% to $47.40 in late-morning trading Friday after the Federal Reserve signaled plans to ease capital requirements for large banks. Co-President Dean Athanasia projected at least 7% growth in first-quarter net interest income. Morgan Stanley restricted redemptions at a private-credit fund after heavy withdrawal requests. Oil prices and delayed Fed rate cuts continued to pressure the sector.
Wells Fargo stock price hit by UK lender collapse fears — what to watch before Monday’s open

Wells Fargo stock price hit by UK lender collapse fears — what to watch before Monday’s open

Wells Fargo shares fell 5.62% to $81.45 Friday, leading declines in major U.S. banks after the collapse of UK mortgage lender Market Financial Solutions. Court documents listed Wells Fargo among lenders to MFS, which had borrowed over £2 billion. The KBW Nasdaq Bank Index dropped nearly 5%, its steepest fall since April. U.S. producer prices rose 0.5% in January, dampening hopes for early Fed rate cuts.
Bank of America stock steadies premarket after Monday’s drop as tariff jitters rattle banks

Bank of America stock steadies premarket after Monday’s drop as tariff jitters rattle banks

Bank of America shares were little changed in premarket trading Tuesday after closing down 3.75% amid a broad selloff in bank stocks. The KBW Regional Banking Index dropped 4.26% Monday as Treasury yields swung and investors weighed tariff headlines. JPMorgan, Wells Fargo, and Morgan Stanley each fell about 4%. U.S. stock futures edged higher early Tuesday ahead of key earnings and policy events.
CoreWeave stock slides in premarket as Wells Fargo sticks with $125 target ahead of earnings

CoreWeave stock slides in premarket as Wells Fargo sticks with $125 target ahead of earnings

CoreWeave shares fell about 8% to $89.25 in premarket trading Monday ahead of its Feb. 26 earnings report. Wells Fargo reiterated an Overweight rating and $125 price target, while HSBC cut its target to $41 last month. Investors are watching Nvidia’s results this week and looking for updates on CoreWeave’s contracted revenue and power capacity.
Bank of America stock in focus: what BAC investors watch after the tariff ruling rally

Bank of America stock in focus: what BAC investors watch after the tariff ruling rally

Bank of America shares closed up 0.6% at $53.06 Friday, tracking a broad U.S. market rally after a Supreme Court ruling ended Trump-era global tariffs. The bank plans a $25 billion push into private credit, joining other major lenders expanding in the sector. Trading volume reached about 33.6 million shares. Investors await key U.S. economic data next week, including the delayed January Producer Price Index.
22 February 2026
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Stock Market Today

  • Fairfax Financial Holdings (TSX:FFH) Shares Rise Amid Valuation Debate
    June 11, 2026, 5:11 AM EDT. Fairfax Financial Holdings (TSX:FFH) shares rose 1.2% to CA$2,279.69 after gaining 5.1% over the past week, despite a 12.5% year-to-date decline. Long-term returns remain strong, with total shareholder returns of 140.7% over three years and 342.8% over five years. Analysts value Fairfax at CA$2,744.92 per share, suggesting the stock is about 16.9% undervalued. However, forecasts vary widely, with price targets ranging from CA$1,724.45 to CA$3,262.44, reflecting differing views on future earnings, margins, and risks. Challenges include underwriting margin pressure from catastrophe losses and foreign exchange headwinds affecting emerging markets. Investors weigh whether current prices reflect genuine value or priced-in growth prospects.

Latest articles

Oracle Stock Moves Higher as AI Backlog Draws Focus

Oracle shares fall after data center spending outlook hits, even as cloud backlog hits new high

11 June 2026
Oracle shares plunged 8.9% in after-hours trading as investors balked at the company’s plan to raise about $40 billion in debt and equity to fund a massive AI data center buildout, despite record revenue and a $638 billion backlog; free cash flow was negative $23.7 billion in fiscal 2026 as capital spending soared, intensifying concerns over whether AI demand will translate into durable profit.
Nvidia Gets AI Approval From Apple But Shares Stay Flat

Nvidia’s $91 Billion Slide Leaves AI Stocks Facing Pressure

11 June 2026
Nvidia plunged 3.73% to $200.42 as investors questioned whether its $91 billion quarterly revenue outlook can withstand rising rates, inflation, and China export restrictions; the selloff hit AI and semiconductor stocks broadly, despite Nvidia’s record sales, making its next quarter’s results a critical test for sustaining its high valuation.
MoneySimpler Moves Into AI Crypto Trading Bots As Market Fills Up

MoneySimpler Moves Into AI Crypto Trading Bots As Market Fills Up

11 June 2026
MoneySimpler launches an AI-powered trading automation platform integrating crypto, forex, and equities for retail users without coding skills, as competition intensifies over dashboard features and AI capabilities; no audited returns or user data disclosed, leaving adoption and real-world performance uncertain.
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