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S&P 500 Snaps 9-Day Win Streak After First Close Above 7,600: Iran Oil, Broadcom's Slide, and the Hawkish Fed Reset That Hit Wall Street
The SP 500 closed at 7,553.68 on Wednesday, June 3, 2026, down 0.74%, snapping a nine-day win streak that had taken the index to its first-ever close above 7,600 the previous session. The break came a...
S&P 500 Winning Streak
The S 500 has snapped a 9-day winning streak after closing above 7,600 for the first time in 2026. The recent surge has been driven by several factors, including the hawkish Fed reset that hit Wall St...
May 2026 Non-Farm Payrolls Preview: 4 Scenarios for Friday's Jobs Report and What Each Means for the Fed, Markets, and Your Portfolio
The May 2026 Non-Farm Payrolls report , due Friday June 6 at 8:30 AM ET, is expected to show around 78,000 jobs added (consensus range 65K-95K), down from April's 115K, with the unemployment rate stea...
OPEC+ June 7 Meeting: 188,000 bpd July Oil Hike Despite Iran War
OPEC+ will almost certainly approve a third consecutive monthly output hike of roughly 188,000 barrels per day when its seven remaining members meet on Sunday, June 7, 2026, three Reuters sources say,...
Iran Ceasefire Deal: Why Oil Prices Crashed 20% and What It Means for Your Gas Bill, Stocks, and Portfolio
The US-Iran 60-day ceasefire extension deal sent oil prices crashing 20% from their 2026 peak, with Brent crude falling below $100 a barrel. Gas prices dropped 16 cents in a single week — the biggest ...
Bond Market Alarm 2026: Why Treasury Yields Hit Levels Not Seen Since 2007
US 30-year Treasury yields surged to 5.2% in May 2026 — the highest level since 2007 — as the Iran war drove oil prices to $100 per barrel and stoked inflation fears. Goldman Sachs now expects the fir...
Iran War Impact on India Economy 2026: Oil, LPG, Inflation, Jobs Analysis
The Iran war has triggered a severe energy crisis in India, with oil prices crossing $115 and LPG imports collapsing by 45% in 2026. Moody's has slashed India's GDP forecast to 6.0% as the record-low ...