U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining more than 350 points on Monday.The Dow traded up 1.81% to 46,400.37 while the NASDAQ jumped 1.75% to 22,026.36. The S&P 500 also rose, gaining, 1.56% to 6,608.16.Check This Out: How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 EarningsLeading and Lagging SectorsConsumer discretionary shares climbed by 3.6% on Monday.In trading on Monday, energy stocks rose by just 0.3%.Top HeadlineDell Technologies (NYSE:DELL ...

Key TakeawaysUS Crude Oil futures plummeted 10.28% to close at $88.13 per barrel, marking a massive $10.10 per barrel single-day decline.Iran has reportedly agreed to a five-year freeze on its missile program, according to Israel's Channel 12, signaling a potential de-escalation in regional hostilities.The Pentagon is weighing the deployment of 3,000 troops from the 82nd Airborne Brigade to support operations in Iran, highlighting continued military readiness despite diplomatic reports.JPMorgan (JPM) launch ...

Neils ChristensenNeils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @Neils_cShareDisclaimer: The views expressed ...

Purchase Licensing Rights Gilead nearing up to $2 billion buyout of biotech Ouro Medicines, FT reports | Reuters Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Logos of Gilead at the company's booth at the 8th China International Import Expo (CIIE) in Shanghai, China, November 6, 2025.REUTERS/Maxim Shemetov Purchase Licensing Rights, opens new tab March 23 (Reuters) - Gilead Sciences (GILD.O), opens new tabis nearing an acquisition of biot ...

Key Takeaways A split within a Swiss banking family highlights growing tensions within traditional finance, as it adopts crypto. The Strategy and Galaxy Digital cases show how Bitcoin-focused corporate models and crypto deals can spark feuds. Industry feuds underscore ongoing operational risks within the crypto ecosystem. A dispute within a prominent Swiss private banking family has brought into focus how crypto can fuel internal feuds, as firms and investors grapple with the risks and opportuniti ...

Short-term pain followed by some gain down the line — that's how history has handled significant oil price shocks, according to new data pulled from JPMorgan. Going back to 1974, in periods where oil prices have spiked more than 100%, the median performance of the S&P 500 (^GSPC) has been higher one month, three months, six months, and one year following the surge in crude (BZ=F) (chart below). The S&P 500 has a median gain of 6% during the oil price spike period. But don't get too warm and fuzzy, JPMo ...

Join for a 100% Risk-Free trial and see if our proven method can help you too. You do not need to pay for the costly lessons from the market itself.My last coverage on the Vanguard Dividend Appreciation ETF ( VIG ) was published on Feb 10. The analysis rated VIG as a buy after examining the sector ratio from tech-heavy indices to more value-orientedSensor Unlimited is an economist by training with a PhD, with a focus on financial economics. She is a quantitative modeler and for the past decade she has been ...

The main U.S. indexes were on track to open higher on Monday after President Donald Trump said he would order the military to postpone strikes against Iranian power plants and energy infrastructure following “productive conversations” with Tehran.Iran’s Fars News Agency, however, disputed Trump’s statement, citing a source who said there had been no direct communication with the United States, nor via intermediaries. Israel’s military said it was conducting strikes on Iran.Still, global markets staged a sh ...

Core Insights - The article discusses how rising mortgage rates, currently at a three-month high of 6.22%, are benefiting certain companies in the mortgage servicing and real estate sectors [2][4][13]. Group 1: Companies Benefiting from High Mortgage Rates - Rocket Companies (RKT) is highlighted as the primary beneficiary, with a $14.2 billion acquisition of Mr. Cooper, controlling a $2.1 trillion servicing portfolio that generates approximately $5 billion in annualized recurring cash flow [1][6][9]. - JPMorgan Chase (JPM) and Wells Fargo (WFC) are benefiting from expanded net interest income (NII), with Wells Fargo projecting around $50 billion in NII for 2026, up from $46.7 billion in 2025 [1][7]. - Apartment REITs such as AvalonBay Communities (AVB) and Essex Property Trust (ESS) are gaining from increased rental demand as home ownership becomes less affordable, with Essex reporting 3.8% same-property revenue growth [1][8][10]. Group 2: Market Dynamics and Implications - The increase in mortgage rates dampens home purchases and refinancing activity, which strengthens mortgage servicers like Rocket and indirectly benefits apartment landlords as renters opt to continue renting [2][4]. - The current environment favors companies with strong balance sheets, as the boost in rental demand often outweighs the higher borrowing costs faced by REITs [8][14]. - The article notes that the 10-year Treasury yield and predictions about future rate increases will be key indicators for how long this favorable environment for these companies persists [14].

Reinsurance Group of America, Incorporated (RGA), a global life and health reinsurer, has appointed Peter Babej to its Board of Directors, effective April 1st, 2026.Most recently, Babej served as Chairman and Interim Head of Banking at Citigroup before retiring in 2024.Before this, he was the Chief Executive Officer (CEO) of Citi Asia Pacific, leading operations across multiple markets and overseeing a workforce of approximately 70,000 employees.During his tenure at Citi, Babej helped the organisation throu ...