1 hr. ago
By Karen Brettell
July 30 (Reuters) - U.S. stocks gained on Thursday as Microsoft's forecast-beating results eased investor worries about massive AI spending by companies, while 30-year Treasury yields scaled a 19-year peak after the Federal Reserve left interest rates unchanged on Wednesday, stoking concerns about longer-term inflation.
The ***** anese yen also gained sharply, prompting speculation that ***** anese officials intervened to shore up the beleaguered currency.
Microsoft rose 17% after the company forecast current-quarter sales and cloud growth that beat expectations, issued a capital expenditure outlook below Wall Street estimates, and said it expects to keep generating cash through the just-started fiscal 2027.
Investors have been rattled by rising AI costs at big technology firms even as they report strong earnings. Negative cash-flow reports from Alphabet and Tesla last week sparked a bout of selling in AI-linked stocks, with chip stocks also under pressure as investors questioned high valuations.
#japanese #forecast #karen
July 30 (Reuters) - U.S. stocks gained on Thursday as Microsoft's forecast-beating results eased investor worries about massive AI spending by companies, while 30-year Treasury yields scaled a 19-year peak after the Federal Reserve left interest rates unchanged on Wednesday, stoking concerns about longer-term inflation.
The ***** anese yen also gained sharply, prompting speculation that ***** anese officials intervened to shore up the beleaguered currency.
Microsoft rose 17% after the company forecast current-quarter sales and cloud growth that beat expectations, issued a capital expenditure outlook below Wall Street estimates, and said it expects to keep generating cash through the just-started fiscal 2027.
Investors have been rattled by rising AI costs at big technology firms even as they report strong earnings. Negative cash-flow reports from Alphabet and Tesla last week sparked a bout of selling in AI-linked stocks, with chip stocks also under pressure as investors questioned high valuations.
#japanese #forecast #karen
1 hr. ago
The Nasdaq composite spiked up Thursday, with chip stocks a driver in the stock market's rebound from a sell-off in the previous session following the Federal Reserve's policy meeting. Chip equipment maker Lam Research (LRCX) shot higher on the stock market today on its raised outlook, while Meta Platforms (META) sank after its earnings report.
Near the end of the lunch hour in New York, the Dow Jones Industrial Average rose more than 500 points, or 1%. But a minority of the 30 stocks in the share-price-weighted index actually rose. Travelers (TRV) was the worst performer, falling 17 points, or 4%, to 371.75. The blue-chip index tumbled 2.1% on Wednesday. In Thursday's session, the S&P 500 reaccelerated its advance, rising 1.3% and not straying far from its intraday high of 7,417.
The tech-heavy Nasdaq composite, for now, was doing a better job of holding opening-hour gains than other indexes. It leaped 2.3%, adding to a jump of 1.7% minutes after the open. The composite index hit a session high of 25,112, up 8% for the year.
The Nasdaq-100 index picked up more than 3% following brutal sessions recently for memory and storage stocks. Lam shares on Thursday shot up 18%. The VanEck Semiconductor ETF (SMH) climbed nearly 7%.
Amazon (AMZN) and Apple (AAPL) are the next Big Tech companies set to release earnings reports, with their latest figures due late Thursday.
#NASDAQ #index
Near the end of the lunch hour in New York, the Dow Jones Industrial Average rose more than 500 points, or 1%. But a minority of the 30 stocks in the share-price-weighted index actually rose. Travelers (TRV) was the worst performer, falling 17 points, or 4%, to 371.75. The blue-chip index tumbled 2.1% on Wednesday. In Thursday's session, the S&P 500 reaccelerated its advance, rising 1.3% and not straying far from its intraday high of 7,417.
The tech-heavy Nasdaq composite, for now, was doing a better job of holding opening-hour gains than other indexes. It leaped 2.3%, adding to a jump of 1.7% minutes after the open. The composite index hit a session high of 25,112, up 8% for the year.
The Nasdaq-100 index picked up more than 3% following brutal sessions recently for memory and storage stocks. Lam shares on Thursday shot up 18%. The VanEck Semiconductor ETF (SMH) climbed nearly 7%.
Amazon (AMZN) and Apple (AAPL) are the next Big Tech companies set to release earnings reports, with their latest figures due late Thursday.
#NASDAQ #index
8 hours ago
Luke Littler eyeing up Nuclear Slam: Can 'The Nuke' sweep the PDC majors? originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
When DartsWorld suggested that Luke Littler may produce an unprecedented clean sweep of major PDC ****** les this season it's fair to say that the idea was met with a muted reaction. The idea that a player, even one as outstanding as Luke, might go through the card of the PDC's top ****** les was treated as fanciful. Suddenly even the man himself seems to think the unthinkable is possible.
Littler remains on course to complete an unprecedented clean sweep of Premier televised honours this year, having also lifted World Championship, World Masters, UK Open, Premier League and World Cup ****** les in 2026.
DARTS PLAYER MERCHANDISE AND COLLECTABLES AT OUR DARTSWORLD STORE!
The World Champion is yet to commit to the Players Championship events this season, although he's now focused on securing qualification for November's Players Championship Finals in a bid to preserve his chance of creating history.
#World #LUKE
When DartsWorld suggested that Luke Littler may produce an unprecedented clean sweep of major PDC ****** les this season it's fair to say that the idea was met with a muted reaction. The idea that a player, even one as outstanding as Luke, might go through the card of the PDC's top ****** les was treated as fanciful. Suddenly even the man himself seems to think the unthinkable is possible.
Littler remains on course to complete an unprecedented clean sweep of Premier televised honours this year, having also lifted World Championship, World Masters, UK Open, Premier League and World Cup ****** les in 2026.
DARTS PLAYER MERCHANDISE AND COLLECTABLES AT OUR DARTSWORLD STORE!
The World Champion is yet to commit to the Players Championship events this season, although he's now focused on securing qualification for November's Players Championship Finals in a bid to preserve his chance of creating history.
#World #LUKE
9 hours ago
What's the deal between Washington Commanders quarterback Jayden Daniels and his good friend Brandon Aiyuk?
It's been a wild summer for Aiyuk, the disgruntled San Francisco 49ers wide receiver who has made it clear how much he wants to play for the Commanders and reunite with Daniels, his former college teammate. Unfortunately for Aiyuk, he remains under contract with the 49ers and on the reserve/left squad list. He has yet to apply for reinstatement with the NFL and has made it clear that he does not plan to report to San Francisco.
That hasn't stopped him from reportedly buying a home near the Commanders' training facility in Ashburn. Or continuing to wear Commanders' gear on social media, and texting reporters that he was the "final piece" for the 2026 Commanders. But there was a speed ****** p along the way in his relationship with Daniels.
Earlier in the month, while Daniels was at a World Cup game in Los Angeles, a 49ers fan yelled at Daniels about Aiyuk. Daniels simply laughed it off. That apparently didn't sit well with Aiyuk, who criticized his good friend the next day, leading the two to unfollow one another on Instagram.
That led to some Washington fans wildly thinking that Daniels was colluding with Aiyuk in some social media game. That's just not Daniels' style.
#friend #made
It's been a wild summer for Aiyuk, the disgruntled San Francisco 49ers wide receiver who has made it clear how much he wants to play for the Commanders and reunite with Daniels, his former college teammate. Unfortunately for Aiyuk, he remains under contract with the 49ers and on the reserve/left squad list. He has yet to apply for reinstatement with the NFL and has made it clear that he does not plan to report to San Francisco.
That hasn't stopped him from reportedly buying a home near the Commanders' training facility in Ashburn. Or continuing to wear Commanders' gear on social media, and texting reporters that he was the "final piece" for the 2026 Commanders. But there was a speed ****** p along the way in his relationship with Daniels.
Earlier in the month, while Daniels was at a World Cup game in Los Angeles, a 49ers fan yelled at Daniels about Aiyuk. Daniels simply laughed it off. That apparently didn't sit well with Aiyuk, who criticized his good friend the next day, leading the two to unfollow one another on Instagram.
That led to some Washington fans wildly thinking that Daniels was colluding with Aiyuk in some social media game. That's just not Daniels' style.
#friend #made
10 hours ago
On Tuesday, Tennessee **** ans general manager Mike Borgonzi met with the media and touched on the upcoming offensive line competition at training camp. He said he was pleased with where the team was at this stage of the preseason, with active battles at center and right guard taking center stage.
Center Austin Schlottmann and guard Cordell Volson will get the first crack at winning the starting job, but they will rotate and face challenges from Pat Coogan and Jackson Slater early in camp.
During the press conference with head coach Robert Saleh, Borgonzi hinted at potential additions to the interior of the offensive line, and it appears he was serious. On Wednesday, the **** ans worked out Oregon State guard Joshua Gray and Northern Iowa guard Jared Penning.
Gray doesn't have any NFL experience, but did spend 2025 with the Atlanta Falcons on their practice squad after going undrafted out of Oregon State. The 6-foot-5, 299-pound guard signed a reserve/futures contract with the Carolina Panthers, but was waived in July ahead of training camp.
Like Gray, Penning also spent his rookie season on a practice squad with the Baltimore Ravens after going undrafted out of Northern Iowa in 2025. He re-signed a reserve/futures contract with the Ravens in January and was earlier in July.
#gray #oregon #state #northern
Center Austin Schlottmann and guard Cordell Volson will get the first crack at winning the starting job, but they will rotate and face challenges from Pat Coogan and Jackson Slater early in camp.
During the press conference with head coach Robert Saleh, Borgonzi hinted at potential additions to the interior of the offensive line, and it appears he was serious. On Wednesday, the **** ans worked out Oregon State guard Joshua Gray and Northern Iowa guard Jared Penning.
Gray doesn't have any NFL experience, but did spend 2025 with the Atlanta Falcons on their practice squad after going undrafted out of Oregon State. The 6-foot-5, 299-pound guard signed a reserve/futures contract with the Carolina Panthers, but was waived in July ahead of training camp.
Like Gray, Penning also spent his rookie season on a practice squad with the Baltimore Ravens after going undrafted out of Northern Iowa in 2025. He re-signed a reserve/futures contract with the Ravens in January and was earlier in July.
#gray #oregon #state #northern
10 hours ago
By Jamie McGeever
ORLANDO, Florida, July 28 (Reuters) - European and U.S. stock markets on Tuesday shrugged off a deep slump in Asia earlier in the day, following another sharp fall in oil prices and growing optimism around peace talks between the U.S. and Iran, while investors also awaited key tech earnings and the Federal Reserve's policy decision.
In my column today, I look at whether high and rising bond yields will slam the brakes on Wall Street. Intuitively, there's a good chance. But if rising borrowing costs are a reflection of stronger nominal growth and a healthy economy, then not necessarily.
If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
1. Bar to Fed rate hike this week remains high even as markets see a chance
#today #rising #chance #jamie
ORLANDO, Florida, July 28 (Reuters) - European and U.S. stock markets on Tuesday shrugged off a deep slump in Asia earlier in the day, following another sharp fall in oil prices and growing optimism around peace talks between the U.S. and Iran, while investors also awaited key tech earnings and the Federal Reserve's policy decision.
In my column today, I look at whether high and rising bond yields will slam the brakes on Wall Street. Intuitively, there's a good chance. But if rising borrowing costs are a reflection of stronger nominal growth and a healthy economy, then not necessarily.
If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
1. Bar to Fed rate hike this week remains high even as markets see a chance
#today #rising #chance #jamie
10 hours ago
Updated July 28, 2026, 4:38 pm EDT / Original July 28, 2026, 10:02 am EDT
Sometimes the numbers are the story.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
#original #sometimes #reserved
Sometimes the numbers are the story.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
#original #sometimes #reserved
11 hours ago
By Karen Brettell and Sruthi Shankar
July 28 (Reuters) - U.S. stocks were mixed on Tuesday ahead of key corporate earnings releases and the Federal Reserve's highly anticipated interest rate decision on Wednesday.
World stocks had earlier fallen to a one-month low as investors dumped chipmakers on concerns about Chinese competition and the funding of the AI boom, but pared the drop during New York trading hours.
Gains in Boeing and Coca-Cola helped offset tumbling chip stocks ahead of quarterly reports from Apple and other tech companies this week, though the tech-heavy Nasdaq Composite ended lower on the day.
"What has been behind the move into these non-tech names? Part of it is value," said Ross Mayfield, investment strategy ****** yst at Baird in Louisville, Kentucky. "GDP is solid, the labor market continues to churn along and, in a lot of places, there's evidence that consumer spending is reaccelerating."
#Tech #sruthi
July 28 (Reuters) - U.S. stocks were mixed on Tuesday ahead of key corporate earnings releases and the Federal Reserve's highly anticipated interest rate decision on Wednesday.
World stocks had earlier fallen to a one-month low as investors dumped chipmakers on concerns about Chinese competition and the funding of the AI boom, but pared the drop during New York trading hours.
Gains in Boeing and Coca-Cola helped offset tumbling chip stocks ahead of quarterly reports from Apple and other tech companies this week, though the tech-heavy Nasdaq Composite ended lower on the day.
"What has been behind the move into these non-tech names? Part of it is value," said Ross Mayfield, investment strategy ****** yst at Baird in Louisville, Kentucky. "GDP is solid, the labor market continues to churn along and, in a lot of places, there's evidence that consumer spending is reaccelerating."
#Tech #sruthi
16 hours ago
Wisconsin democratic socialist state Rep. Francesca Hong, the Democratic primary frontrunner in the race for governor, sidestepped repeated questions from Politico reporter Jonathan Martin Tuesday at Marquette University in Milwaukee about whether she still wants to abolish police after a televised debate in which she pledged to preserve law enforcement funding amid scrutiny of her previous position.
"So, this system is not working," Hong said. "If we want to be serious, we better be putting these billions into things we know prevent crime."
Martin asked whether Hong still wanted to abolish police in the long term. Hong did not answer yes or no, instead calling for "systems of care" and redirecting criminal justice spending before a campaign aide ushered her away.
"I believe that we have to be serious about public safety, and I'm going to be a governor that is more serious than anyone else in making sure that we are building systems of care," Hong said.
Dem Socialist Running For Wisconsin Governor Pushed 'Abolishing The Police'
#socialist
"So, this system is not working," Hong said. "If we want to be serious, we better be putting these billions into things we know prevent crime."
Martin asked whether Hong still wanted to abolish police in the long term. Hong did not answer yes or no, instead calling for "systems of care" and redirecting criminal justice spending before a campaign aide ushered her away.
"I believe that we have to be serious about public safety, and I'm going to be a governor that is more serious than anyone else in making sure that we are building systems of care," Hong said.
Dem Socialist Running For Wisconsin Governor Pushed 'Abolishing The Police'
#socialist
20 hours ago
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When the Federal Reserve changes interest rates, the impact reaches far beyond Wall Street. Higher rates can help savers earn more on their cash, while lower rates can make mortgages, car loans, and credit cards more affordable. But because every rate move creates both winners and losers, there's no simple answer to whether high or low rates are best.
Understanding why the Fed raises and lowers rates — and how those decisions affect your money — can help you make smarter choices about saving and borrowing.
The Federal Reserve is mandated by Congress to promote stable prices and maximum employment within the U.S. economy. One of the tools it has at its disposal to achieve these goals is the federal funds rate.
During times of high inflation, for instance, the Fed will raise its federal funds rate, which is the rate banks charge each other for overnight loans to meet cash reserve requirements.
#loans
When the Federal Reserve changes interest rates, the impact reaches far beyond Wall Street. Higher rates can help savers earn more on their cash, while lower rates can make mortgages, car loans, and credit cards more affordable. But because every rate move creates both winners and losers, there's no simple answer to whether high or low rates are best.
Understanding why the Fed raises and lowers rates — and how those decisions affect your money — can help you make smarter choices about saving and borrowing.
The Federal Reserve is mandated by Congress to promote stable prices and maximum employment within the U.S. economy. One of the tools it has at its disposal to achieve these goals is the federal funds rate.
During times of high inflation, for instance, the Fed will raise its federal funds rate, which is the rate banks charge each other for overnight loans to meet cash reserve requirements.
#loans
24 hours ago
Tom Holland confirmed his marriage to Zendaya in June after months of speculation
Holland recently dodged a second grader's question about his marriage during his guest appearance on Celebrity Substitute
The couple has previously expressed their desire to preserve privacy in their relationship
Tom Holland may be referring to Zendaya as his "wife" now, but he's not quite ready to answer any direct questions about their marriage.
Holland, 30, confirmed his marriage to his Spider-Man and The Odyssey costar, 29, in June, following months of speculation. Since then, he's began publicly calling Zendaya his "wife," first on the July 21 episode of the Dish podcast, and, most recently, during his July 28 appearance on Late Night with Seth Meyers. Despite this, he recently dodged a kid's question about his marriage.
#holland #july #confirmed #dodged
Holland recently dodged a second grader's question about his marriage during his guest appearance on Celebrity Substitute
The couple has previously expressed their desire to preserve privacy in their relationship
Tom Holland may be referring to Zendaya as his "wife" now, but he's not quite ready to answer any direct questions about their marriage.
Holland, 30, confirmed his marriage to his Spider-Man and The Odyssey costar, 29, in June, following months of speculation. Since then, he's began publicly calling Zendaya his "wife," first on the July 21 episode of the Dish podcast, and, most recently, during his July 28 appearance on Late Night with Seth Meyers. Despite this, he recently dodged a kid's question about his marriage.
#holland #july #confirmed #dodged
1 day ago
Golf architect Kyle Phillips has broken ground on the course at the private Pandion Club in Estero, Florida. The new layout, intended to invoke the heathland courses of England with Lowcountry influences, is being built on the site of the former Old Corkscrew Golf Club that was closed earlier this year.
Phillips plans a par-71 course for Pandion Club, stretching to 7,220 with firm and fast playing conditions and a premium on strategic shotmaking. The new layout is scheduled to open in 2027 with membership capped at 280. The golf-only club will include a Lowcountry-inspired clubhouse and expansive practice facilities. The name Pandion is inspired by Pandion haliaetus, aka osprey.
The layout features sandy terrain that should promote Phillips' goals. Having built the top-ranked Kingsbarns Golf Links and Dundonald Links in Scotland and having studied courses around the world, Phillips said that heathland courses are situated on inland dunes, "like the ones we have in Florida."
Old Corkscrew and additional surrounding land was purchased in 2022 by The Hoffmann Family of Companies for $14.5 million, according to property records reported by the Naples Daily News. The Hoffmans purchased the Cottages at Old Corkscrew Golf Club for $4.5 million in a separate transaction. The Hoffmanns also own Old Collier Golf Club in Naples, as well as the Pittsburgh Penguins and Florida Everblades.
"Everything we do at Hoffmann Family of Companies, we want to provide a unique, best-in-class experience for our guests, and Pandion is going to be no exception" Geoff Hoffmann, CEO of HF Companies' private equity arm, said in a media release announcing the start of construction. "From the moment that you drive through our gates, you will know that you have arrived somewhere special. You are going to feel like you are in nature, and this is an escape. We knew that his experience presented an opportunity to preserve the natural landscape that was embedded on the site, and that's something we are going to build around."
#pandion #corkscrew #layout #courses
Phillips plans a par-71 course for Pandion Club, stretching to 7,220 with firm and fast playing conditions and a premium on strategic shotmaking. The new layout is scheduled to open in 2027 with membership capped at 280. The golf-only club will include a Lowcountry-inspired clubhouse and expansive practice facilities. The name Pandion is inspired by Pandion haliaetus, aka osprey.
The layout features sandy terrain that should promote Phillips' goals. Having built the top-ranked Kingsbarns Golf Links and Dundonald Links in Scotland and having studied courses around the world, Phillips said that heathland courses are situated on inland dunes, "like the ones we have in Florida."
Old Corkscrew and additional surrounding land was purchased in 2022 by The Hoffmann Family of Companies for $14.5 million, according to property records reported by the Naples Daily News. The Hoffmans purchased the Cottages at Old Corkscrew Golf Club for $4.5 million in a separate transaction. The Hoffmanns also own Old Collier Golf Club in Naples, as well as the Pittsburgh Penguins and Florida Everblades.
"Everything we do at Hoffmann Family of Companies, we want to provide a unique, best-in-class experience for our guests, and Pandion is going to be no exception" Geoff Hoffmann, CEO of HF Companies' private equity arm, said in a media release announcing the start of construction. "From the moment that you drive through our gates, you will know that you have arrived somewhere special. You are going to feel like you are in nature, and this is an escape. We knew that his experience presented an opportunity to preserve the natural landscape that was embedded on the site, and that's something we are going to build around."
#pandion #corkscrew #layout #courses
1 day ago
Columbus jumped out to an early 4-0 lead then held on to preserve the victory Tuesday. Leading the way was Ralphy Velazquez, who snapped out of a short funk by going 2-fo-4 with a massive 415-foot three-run home run in the first inning while also doubling.
In his first game back in Columbus, Daniel Schneemann was perfect at the plate, going 1-for-1 with three walks. Cooper Ingle went 2-for-5 and Angel Genao went 1-for-3 with a walk while Kody Huff homered and George Valera doubled.
Starting pitcher Rorik Maltrud danced around four walks to toss 4.1 innings while allowing one run on three hits with four strikeouts.
All three relievers Steven Perez, Carlos Hernandez and Cody Heuer allowed one run in their appearances.
Akron's offense erupted on Tuesday, scoring 12 runs on a whopping 19 hits with everyone getting in on the action.
#hits
In his first game back in Columbus, Daniel Schneemann was perfect at the plate, going 1-for-1 with three walks. Cooper Ingle went 2-for-5 and Angel Genao went 1-for-3 with a walk while Kody Huff homered and George Valera doubled.
Starting pitcher Rorik Maltrud danced around four walks to toss 4.1 innings while allowing one run on three hits with four strikeouts.
All three relievers Steven Perez, Carlos Hernandez and Cody Heuer allowed one run in their appearances.
Akron's offense erupted on Tuesday, scoring 12 runs on a whopping 19 hits with everyone getting in on the action.
#hits
1 day ago
The San Francisco 49ers had a few players go down with injuries early on in training camp, and now they've decided to move on from Andrew Farmer II and William Bradley-King to make room for linebacker Quinton Bell and defensive end K.J. Henry.
Farmer played at Lane from 2018-22. After going undrafted in 2023, he's spent one season with the Los Angeles Chargers, one with the Denver Broncos and one with the 49ers. Over his three years in the league, he's appeared in eight games and recorded three tackles. The 26-year-old suffered a back injury on Sunday.
Bradley-King played at Arkansas State from 2016-19, earning All-Sun Belt honors twice, before transferring to Baylor for one final season. He went in the seventh round (No. 240 overall) of the 2021 NFL draft, and spent time with the Washington Commanders, New England Patriots and Miami Dolphins before joining the 49ers last year. He's appeared in four games and recorded seven tackles and a half-sack over the last five years in the league. The 28-year-old was injured Monday.
If both players going unclaimed on waivers, they would revert back to San Francisco's injured reserve, ending their season. They'd only be able to return in 2026 if they come to an injury settlement with the team at some point.
More 49ers: Brandon Aiyuk takes apparent shot at Kyle Shanahan after car accident
#bradley
Farmer played at Lane from 2018-22. After going undrafted in 2023, he's spent one season with the Los Angeles Chargers, one with the Denver Broncos and one with the 49ers. Over his three years in the league, he's appeared in eight games and recorded three tackles. The 26-year-old suffered a back injury on Sunday.
Bradley-King played at Arkansas State from 2016-19, earning All-Sun Belt honors twice, before transferring to Baylor for one final season. He went in the seventh round (No. 240 overall) of the 2021 NFL draft, and spent time with the Washington Commanders, New England Patriots and Miami Dolphins before joining the 49ers last year. He's appeared in four games and recorded seven tackles and a half-sack over the last five years in the league. The 28-year-old was injured Monday.
If both players going unclaimed on waivers, they would revert back to San Francisco's injured reserve, ending their season. They'd only be able to return in 2026 if they come to an injury settlement with the team at some point.
More 49ers: Brandon Aiyuk takes apparent shot at Kyle Shanahan after car accident
#bradley
1 day ago
The Federal Reserve's two-day policy meeting concludes on Wednesday with an interest rate decision at 2:00 p.m. ET. The Fed's next move — to hold or hike — remains a close call.
Markets expect the central bank to keep interest rates unchanged, but inflationary pressures arising from the war in Iran and AI bottlenecks could prompt officials to opt for a surprise hike. Bond traders placed 64.2% odds that the Fed will hold rates steady and 35.8% odds that it will hike, according to the CME Group's FedWatch on Tuesday morning.
The Fed's decision is opaque not only due to the balance of economic forces; it's also by design. As new Fed Chairman Kevin Warsh reforms the institution, he's looking to bring the Fed back to an era of less communication with markets on the path of policy.
Warsh has repeatedly said he wants a "good family fight" at Federal Open Market Committee (FOMC) meetings. He's likely to get that, as officials remain divided on whether to hike interest rates this year.
If the Fed opts to raise interest rates today, it will likely be for two reasons: energy inflation stemming from the war in Iran coupled with the fact that inflation has remained stubbornly above the Fed's 2% goal for over five years.
#warsh
Markets expect the central bank to keep interest rates unchanged, but inflationary pressures arising from the war in Iran and AI bottlenecks could prompt officials to opt for a surprise hike. Bond traders placed 64.2% odds that the Fed will hold rates steady and 35.8% odds that it will hike, according to the CME Group's FedWatch on Tuesday morning.
The Fed's decision is opaque not only due to the balance of economic forces; it's also by design. As new Fed Chairman Kevin Warsh reforms the institution, he's looking to bring the Fed back to an era of less communication with markets on the path of policy.
Warsh has repeatedly said he wants a "good family fight" at Federal Open Market Committee (FOMC) meetings. He's likely to get that, as officials remain divided on whether to hike interest rates this year.
If the Fed opts to raise interest rates today, it will likely be for two reasons: energy inflation stemming from the war in Iran coupled with the fact that inflation has remained stubbornly above the Fed's 2% goal for over five years.
#warsh
1 day ago
TORRINGTON - Sara Brewer, Torrington's new athletic director, played three sports while attending the MacDuffie School in Massachusetts, but her No. 1 athletic love was always equestrian.
She took her first horse-riding lesson at age 6, got her first horse at 12 and competed in horse shows along the Eastern Seaboard from New England down to Virginia until she left for college. The then Suffield resident won her circuit championship several times and was even high-point champion in Massachusetts and reserve high-point champion in Connecticut.
"I was successful," Brewer said, "but it wasn't about the ribbons, though I do love blue. It was about the camaraderie. It was about working with this 2,000-pound animal and trying to convince him that he wanted to do what I wanted him to do. It was a lot of fun."
She will bring the lessons learned in the horse ring, along with plenty of others gleaned from years in sports, to the new position she took over July 1 from retired Torrington athletic director Mike McKenna. Certainly, she has already shown a knack for adaptability in 15 years at the high school.
After graduating from MacDuffie, Brewer earned a degree in athletic training from Endicott College in Massachusetts and a teaching certificate from Central Connecticut (and later advanced degrees online from Canisius and the University of New England). Like McKenna before her, she was originally an athletic trainer for Torrington before joining the faculty as an allied health and sports medicine teacher.
#Athletic #torrington #sports
She took her first horse-riding lesson at age 6, got her first horse at 12 and competed in horse shows along the Eastern Seaboard from New England down to Virginia until she left for college. The then Suffield resident won her circuit championship several times and was even high-point champion in Massachusetts and reserve high-point champion in Connecticut.
"I was successful," Brewer said, "but it wasn't about the ribbons, though I do love blue. It was about the camaraderie. It was about working with this 2,000-pound animal and trying to convince him that he wanted to do what I wanted him to do. It was a lot of fun."
She will bring the lessons learned in the horse ring, along with plenty of others gleaned from years in sports, to the new position she took over July 1 from retired Torrington athletic director Mike McKenna. Certainly, she has already shown a knack for adaptability in 15 years at the high school.
After graduating from MacDuffie, Brewer earned a degree in athletic training from Endicott College in Massachusetts and a teaching certificate from Central Connecticut (and later advanced degrees online from Canisius and the University of New England). Like McKenna before her, she was originally an athletic trainer for Torrington before joining the faculty as an allied health and sports medicine teacher.
#Athletic #torrington #sports
1 day ago
US stocks fell on Wednesday after Iran launched surprise attacks against the US, and as investors counted down to the Federal Reserve's policy decision and earnings from two big spenders on AI.
The S&P 500 (^GSPC) lost 0.8%, and the tech-heavy Nasdaq Composite (^IXIC) dropped 1.1%. The Dow Jones Industrial Average (^DJI), which includes fewer tech stocks, fell by a steeper 1.5%, or over 800 points, as oil prices rose amid renewed tensions in the Middle East.
SK Hynix's (000660.KS, SKHY) second quarter profit rose by 557% year over year, the company reported after the US market close on Tuesday. That was less than Wall Street expected, prompting concerns that the artificial intelligence boom may be slowing. In Asia, investors once again dumped chip stocks such as Samsung (005930.KS) and SK Hynix, driving the KOSPI Composite (^KS11) down nearly 6% on Wednesday.
Two "Magnificent Seven" quarterly results stand as another big catalyst for the AI trade, with reports from Microsoft (MSFT) and Meta (META) dropping after the bell. It could be a make-or-break moment for tech stocks after Alphabet's (GOOG, GOOGL) capital expenditure guidance last week spooked markets, resurfacing fears about the AI boom's sustainability.
In the Middle East conflict, Iran launched an "attempted surprise attack" on Tuesday, according to US Central Command, reengaging fighting between the US and Iran for the first time since a pause in hostilities on Friday. Oil prices jumped, with Brent crude (BZ=F) gaining more than 7% to trade back over $90 per barrel.
#stocks #Tech #meta
The S&P 500 (^GSPC) lost 0.8%, and the tech-heavy Nasdaq Composite (^IXIC) dropped 1.1%. The Dow Jones Industrial Average (^DJI), which includes fewer tech stocks, fell by a steeper 1.5%, or over 800 points, as oil prices rose amid renewed tensions in the Middle East.
SK Hynix's (000660.KS, SKHY) second quarter profit rose by 557% year over year, the company reported after the US market close on Tuesday. That was less than Wall Street expected, prompting concerns that the artificial intelligence boom may be slowing. In Asia, investors once again dumped chip stocks such as Samsung (005930.KS) and SK Hynix, driving the KOSPI Composite (^KS11) down nearly 6% on Wednesday.
Two "Magnificent Seven" quarterly results stand as another big catalyst for the AI trade, with reports from Microsoft (MSFT) and Meta (META) dropping after the bell. It could be a make-or-break moment for tech stocks after Alphabet's (GOOG, GOOGL) capital expenditure guidance last week spooked markets, resurfacing fears about the AI boom's sustainability.
In the Middle East conflict, Iran launched an "attempted surprise attack" on Tuesday, according to US Central Command, reengaging fighting between the US and Iran for the first time since a pause in hostilities on Friday. Oil prices jumped, with Brent crude (BZ=F) gaining more than 7% to trade back over $90 per barrel.
#stocks #Tech #meta
1 day ago
The western rival of Union Pacific said that the carrier's latest regulatory filing doesn't change the fact that the merger with Norfolk Southern will raise rates for shippers, and prices for consumers.
"We are continuing to review the additional information submitted at the request of the Surface Transportation Board in regard to the proposed UP-NS merger," said BNSF (NYSE: BRK-B) President and Chief Executive Katie Farmer, in a statement Tuesday. "Despite UP (NYSE: UNP) and NS's (NYSE: NSC) fourth attempt to submit a complete application, the bottom line remains the same. UP and NS have not changed the core of their proposal that fails to demonstrate how combining two major railroads into a single carrier would preserve – much less enhance – competition as required by the STB's merger rules.'
The merging railroads on Monday completed the supplemental filing requested by the STB when it conditionally accepted the second merger application in late May.
"UP and NS highlight several so-called new aspects of their application, but they are more of the same – processes with multiple caveats that are difficult to understand, available to very few customers and only available for very short periods of time," Farmer said. "They do nothing meaningful to mitigate the massive anticompetitive impact of 50% market share held by one company."
The combined UP-NS would claim around 37% of North American rail traffic, according to data from Railfax. The partners' just-announced operating agreement with Canadian National (NYSE: CNI) would add another 13% share to the total.
#merger #same #Share
"We are continuing to review the additional information submitted at the request of the Surface Transportation Board in regard to the proposed UP-NS merger," said BNSF (NYSE: BRK-B) President and Chief Executive Katie Farmer, in a statement Tuesday. "Despite UP (NYSE: UNP) and NS's (NYSE: NSC) fourth attempt to submit a complete application, the bottom line remains the same. UP and NS have not changed the core of their proposal that fails to demonstrate how combining two major railroads into a single carrier would preserve – much less enhance – competition as required by the STB's merger rules.'
The merging railroads on Monday completed the supplemental filing requested by the STB when it conditionally accepted the second merger application in late May.
"UP and NS highlight several so-called new aspects of their application, but they are more of the same – processes with multiple caveats that are difficult to understand, available to very few customers and only available for very short periods of time," Farmer said. "They do nothing meaningful to mitigate the massive anticompetitive impact of 50% market share held by one company."
The combined UP-NS would claim around 37% of North American rail traffic, according to data from Railfax. The partners' just-announced operating agreement with Canadian National (NYSE: CNI) would add another 13% share to the total.
#merger #same #Share
1 day ago
Stock market investors on Wednesday were spooked by the prospect of an interest rate hike by the Federal Reserve while flaring U.S.-Iran tensions propelled oil prices. GE HealthCare (GEHC) soared on the stock market today after its earnings report. Meanwhile, Meta Platforms (META) and Microsoft (MSFT) reports are on deck.
The Dow Jones Industrial Average dropped more than 800 points, or 1.6%, amid mixed reactions to earnings reports from Visa (V) and Procter & Gamble (PG). The S&P 500 flopped 0.8%. The tech-heavy Nasdaq composite fell 1.1%. The Nasdaq-100 (NDX) dropped 1% and once again stumbled into correction territory, falling 10% from its June highs. Small caps were hit as well, pulling the Russell 2000 index lower by 1.1%.
In the face of heightened hostilities between the U.S. and Iran, West Texas intermediate crude oil futures spiked more than 7%, trading around $84.90 per barrel. Brent crude futures also jumped more than 7%, trading at $88 per barrel.
Also, ahead of the Fed's announcement on the fed funds rate, the 10-year Treasury yield rose 2 basis to 4.62%. Bitcoin slid near $63,990.
GE Healthcare (GEHC) soared more than 10%, rebounding from a downward-sloping 50-day moving average. It was the best performer on the Nasdaq composite Wednesday, and was on track for its largest percentage increase on record, according to Dow Jones Markets Data.
#wednesday #gehc #average
The Dow Jones Industrial Average dropped more than 800 points, or 1.6%, amid mixed reactions to earnings reports from Visa (V) and Procter & Gamble (PG). The S&P 500 flopped 0.8%. The tech-heavy Nasdaq composite fell 1.1%. The Nasdaq-100 (NDX) dropped 1% and once again stumbled into correction territory, falling 10% from its June highs. Small caps were hit as well, pulling the Russell 2000 index lower by 1.1%.
In the face of heightened hostilities between the U.S. and Iran, West Texas intermediate crude oil futures spiked more than 7%, trading around $84.90 per barrel. Brent crude futures also jumped more than 7%, trading at $88 per barrel.
Also, ahead of the Fed's announcement on the fed funds rate, the 10-year Treasury yield rose 2 basis to 4.62%. Bitcoin slid near $63,990.
GE Healthcare (GEHC) soared more than 10%, rebounding from a downward-sloping 50-day moving average. It was the best performer on the Nasdaq composite Wednesday, and was on track for its largest percentage increase on record, according to Dow Jones Markets Data.
#wednesday #gehc #average
1 day ago
Cincinnati Bengals defensive end Shemar Stewart was injured during the team's training camp practice.
Stewart suffered an apparent leg injury. He limped off the field, and was attended to by trainers.
Stewart was the Bengals' first-round pick in the 2025 NFL Draft.
Stewart played in eight games during his rookie season for Cincinnati. He suffered a knee injury in November 2025, and was placed on the reserve/injured list.
Earlier in the season, Stewart suffered a right ankle injury during the fourth quarter of the team's Week 2 win against Jacksonville after appearing to get rolled up on by then-teammate Logan Wilson.
#injury #season #shemar
Stewart suffered an apparent leg injury. He limped off the field, and was attended to by trainers.
Stewart was the Bengals' first-round pick in the 2025 NFL Draft.
Stewart played in eight games during his rookie season for Cincinnati. He suffered a knee injury in November 2025, and was placed on the reserve/injured list.
Earlier in the season, Stewart suffered a right ankle injury during the fourth quarter of the team's Week 2 win against Jacksonville after appearing to get rolled up on by then-teammate Logan Wilson.
#injury #season #shemar
1 day ago
Tobacco Road, built by the late Mike Strantz and one of the most dramatically shaped golf courses found anywhere, has a new sibling. The Matchbox – a 12-hole, par-3 course that embraces the ethos established by Strantz on the property near Pinehurst – opens August 1 in Sanford, North Carolina.
The new short course is the result of a partnership between Carlton/Marshall Golf Design and Mike White, one of the shapers who worked for Strantz on the full-size Tobacco Road layout that opened in 1998 in the Sandhills.
"There's a direct line from our past to the present – and we believe The Matchbox will become a must-play experience in its own right," Mark Stewart, whose family opened Tobacco Road, said in a media release announcing the opening of The Matchbox.
The Matchbox was constructed in just six months near Nos. 12 and 13 of the big course. Holes range from 40 to 105 yards and feature synthetic turf blended into the natural landscape, a choice that allowed the builders to preserve more trees instead of clearing room for grass to grow. The choice of synthetic turf also avoided the installation of irrigation.
Guests can book tee times from the opening date through December.
#matchbox #course #golf #opening
The new short course is the result of a partnership between Carlton/Marshall Golf Design and Mike White, one of the shapers who worked for Strantz on the full-size Tobacco Road layout that opened in 1998 in the Sandhills.
"There's a direct line from our past to the present – and we believe The Matchbox will become a must-play experience in its own right," Mark Stewart, whose family opened Tobacco Road, said in a media release announcing the opening of The Matchbox.
The Matchbox was constructed in just six months near Nos. 12 and 13 of the big course. Holes range from 40 to 105 yards and feature synthetic turf blended into the natural landscape, a choice that allowed the builders to preserve more trees instead of clearing room for grass to grow. The choice of synthetic turf also avoided the installation of irrigation.
Guests can book tee times from the opening date through December.
#matchbox #course #golf #opening
1 day ago
IfJay Shetty was going to level up his podcast, he figured he needed to upgrade the studio in which he records it. So before his seven-year-old show, On Purpose, relaunched this month on Netflix, the 38-year-old self-help guru says he spent around $500,000 to renovate the ****** e with specific colors and custom artwork (such asincluding a piece of glass covered in bubble wrap) to evoke the kind of vulnerability and fragility he hopes to encourage from his guests.
Sitting inside his sprawling Hollywood Hills home, worth an estimated $8 million, Shetty's digs are a far cry from the Hindu monk principles of humble detachment he once practiced and has encouraged to display. But for a star in media's hottest category—who recently signed a new podcast deal with Spotify and Netflix that will pay him a combined $100 million over the next three years—the studio and residence are fitting.
"I mean, I'm not a monk anymore," Shetty tells Forbes. "Today I consider myself an entrepreneur and a leader in this ****** e, and that allows me to have the ability to use money as a resource to do good in the world and create impact in the way that we've chosen to do that."
For top podcasters like Shetty, the money has also never been better. The entry of video platforms such as Netflix, Hulu and Tubi into a still-frothy marketplace of audio distributors (including Spotify, SiriusXM and Amazon) have pushed paydays into territory once reserved for movie stars. Shetty earned an estimated $21 million over the past 12 months from his previous podcast distribution and ad sales agreement with iHeart Media (before paying taxes and fees to agents and managers) and he i's in line to make far more from his new deal.
He is pouring those earnings into an expanding business portfolio, investing in the Austin-based blood testing company Function Health and founding his own sparkling tea brand, Juni. He also has a production company, Perfect Strangers, which produces the podcast Friends Keep Secrets and has a handful of TV projects in development. The goal, Shetty says, is to build a "conscious empire" of content and products promoting physical and mental health.
#netflix #spotify #space
Sitting inside his sprawling Hollywood Hills home, worth an estimated $8 million, Shetty's digs are a far cry from the Hindu monk principles of humble detachment he once practiced and has encouraged to display. But for a star in media's hottest category—who recently signed a new podcast deal with Spotify and Netflix that will pay him a combined $100 million over the next three years—the studio and residence are fitting.
"I mean, I'm not a monk anymore," Shetty tells Forbes. "Today I consider myself an entrepreneur and a leader in this ****** e, and that allows me to have the ability to use money as a resource to do good in the world and create impact in the way that we've chosen to do that."
For top podcasters like Shetty, the money has also never been better. The entry of video platforms such as Netflix, Hulu and Tubi into a still-frothy marketplace of audio distributors (including Spotify, SiriusXM and Amazon) have pushed paydays into territory once reserved for movie stars. Shetty earned an estimated $21 million over the past 12 months from his previous podcast distribution and ad sales agreement with iHeart Media (before paying taxes and fees to agents and managers) and he i's in line to make far more from his new deal.
He is pouring those earnings into an expanding business portfolio, investing in the Austin-based blood testing company Function Health and founding his own sparkling tea brand, Juni. He also has a production company, Perfect Strangers, which produces the podcast Friends Keep Secrets and has a handful of TV projects in development. The goal, Shetty says, is to build a "conscious empire" of content and products promoting physical and mental health.
#netflix #spotify #space
1 day ago
Dogecoin (DOGE) is among the worst losers in the top 10 so far this year, booking a 39% retreat in 2026 as the price action continues to break key supports.
Interest for meme coins has waned recently, as the public's attention has turned to other corners of the tech ****** e like artificial intelligence (AI) and ****** e exploration.
Meanwhile, although market sentiment has improved recently, the macroeconomic backdrop remains unfavorable for the crypto market as a whole, and that is even more real for meme coins as a niche segment.
Persistent geopolitical tensions in the Middle East and a hawkish outlook when it comes to the Federal Reserve's monetary policy decisions continue to keep a lid on crypto prices and have pushed investors out of the sector as higher rates favor low-risk ****** ets.
Dogecoin has failed to stay above key levels despite its status as the king of this niche. Not even the launch of an exchange-traded fund (ETF) in the United States has prevented it from falling off a cliff, and now the price action appears to be eyeing a sustained decline toward the ****** et's October 2023 lows.
#dogecoin #recently #market #even
Interest for meme coins has waned recently, as the public's attention has turned to other corners of the tech ****** e like artificial intelligence (AI) and ****** e exploration.
Meanwhile, although market sentiment has improved recently, the macroeconomic backdrop remains unfavorable for the crypto market as a whole, and that is even more real for meme coins as a niche segment.
Persistent geopolitical tensions in the Middle East and a hawkish outlook when it comes to the Federal Reserve's monetary policy decisions continue to keep a lid on crypto prices and have pushed investors out of the sector as higher rates favor low-risk ****** ets.
Dogecoin has failed to stay above key levels despite its status as the king of this niche. Not even the launch of an exchange-traded fund (ETF) in the United States has prevented it from falling off a cliff, and now the price action appears to be eyeing a sustained decline toward the ****** et's October 2023 lows.
#dogecoin #recently #market #even
2 days ago
The Washington Commanders begin training camp on Wednesday. But before the players hit the field, general manager Adam Peters and head coach Dan Quinn met with the media to preview camp and provide some updates.
Peters began the media session with a pair of injury updates from training camp. Last week, the Commanders placed cornerback Trey Amos, edge rusher Dorance Armstrong and defensive end Deatrich Wise Jr. on the Active/Physically Unable to Perform (PUP) list to begin training camp.
Those moves weren't unexpected, considering all three players finished last season on injured reserve after suffering season-ending injuries.
You can add two more players to Washington's injury list to kick off camp: punter Tress Way and linebacker Kain Medrano. Fortunately, neither will be added to the PUP list.
"Tress Way and Kain Medrano are both dealing with injuries, so they won't be dressed up tomorrow," Peters said.
#tress #medrano
Peters began the media session with a pair of injury updates from training camp. Last week, the Commanders placed cornerback Trey Amos, edge rusher Dorance Armstrong and defensive end Deatrich Wise Jr. on the Active/Physically Unable to Perform (PUP) list to begin training camp.
Those moves weren't unexpected, considering all three players finished last season on injured reserve after suffering season-ending injuries.
You can add two more players to Washington's injury list to kick off camp: punter Tress Way and linebacker Kain Medrano. Fortunately, neither will be added to the PUP list.
"Tress Way and Kain Medrano are both dealing with injuries, so they won't be dressed up tomorrow," Peters said.
#tress #medrano
2 days ago
LOS ANGELES (AP) — Breanna Stewart had 29 points and Sabrina Ionescu scored 27 to help the New York Liberty hold off the Los Angeles Sparks 113-109 on Tuesday night.
Stewart made 11 of 19 shots and scored 19 points in the second half after New York (16-12) trailed 56-53 at the break. She added seven ******* ists, four rebounds and four steals.
Ionescu shot 9 for 16 with five 3-pointers and had 14 points in the first quarter to help the Liberty lead 36-30.
Rebekah Gardner finished with 15 points for New York and fellow reserves Han Xu and Marine Fauthoux each scored 13.
Rae Burrell had 24 points to lead Los Angeles (10-17), which has lost six straight and nine of 11. Nneka Ogwumike chipped in with 21 points and nine ******* ists after posting four straight double-doubles.
#points #york #liberty
Stewart made 11 of 19 shots and scored 19 points in the second half after New York (16-12) trailed 56-53 at the break. She added seven ******* ists, four rebounds and four steals.
Ionescu shot 9 for 16 with five 3-pointers and had 14 points in the first quarter to help the Liberty lead 36-30.
Rebekah Gardner finished with 15 points for New York and fellow reserves Han Xu and Marine Fauthoux each scored 13.
Rae Burrell had 24 points to lead Los Angeles (10-17), which has lost six straight and nine of 11. Nneka Ogwumike chipped in with 21 points and nine ******* ists after posting four straight double-doubles.
#points #york #liberty
2 days ago
LOS ANGELES (AP) — Breanna Stewart had 29 points and Sabrina Ionescu scored 27 to help the New York Liberty hold off the Los Angeles Sparks 113-109 on Tuesday night.
Stewart made 11 of 19 shots and scored 19 points in the second half after New York (16-12) trailed 56-53 at the break. She added seven **** ists, four rebounds and four steals.
Ionescu shot 9 for 16 with five 3-pointers and had 14 points in the first quarter to help the Liberty lead 36-30.
Rebekah Gardner finished with 15 points for New York and fellow reserves Han Xu and Marine Fauthoux each scored 13.
Rae Burrell had 24 points to lead Los Angeles (10-17), which has lost six straight and nine of 11. Nneka Ogwumike chipped in with 21 points and nine **** ists after posting four straight double-doubles.
#york #ionescu #liberty
Stewart made 11 of 19 shots and scored 19 points in the second half after New York (16-12) trailed 56-53 at the break. She added seven **** ists, four rebounds and four steals.
Ionescu shot 9 for 16 with five 3-pointers and had 14 points in the first quarter to help the Liberty lead 36-30.
Rebekah Gardner finished with 15 points for New York and fellow reserves Han Xu and Marine Fauthoux each scored 13.
Rae Burrell had 24 points to lead Los Angeles (10-17), which has lost six straight and nine of 11. Nneka Ogwumike chipped in with 21 points and nine **** ists after posting four straight double-doubles.
#york #ionescu #liberty
2 days ago
The Indiana Fever defeated the Seattle Storm 105-95 on Tuesday night in the first night of regular-season action for the WNBA after the All-Star break. However, instead of the Fever's three-game winning streak entering the game, a lot of the coverage surrounding the Fever was on comments reserve guard Sophie Cunningham made regarding transgender athletes.
"I got a lot of negative feedback about me hating trans. And I'm like, 'I never once said that,'" Cunningham said via a profile on her published by ESPN. "I think that I am here to extend love. But I also think with that love is truth, being honest. And I want to protect young girls in a locker room, or young girls in sport who shouldn't have to go against biological men."
Cunningham's words became a hot-topic issue, with people weighing in from all over the media, intense debates being had online, and even rallies being planned.
After the game, WNBA reporter Roberta Rodrigues, who rebuked Cunningham's comments and the rally tied to them on social media, asked head coach Stephanie White, who is married to journalist Lisa Salters, about the situation.
"Coach, there was a rally before the game, an anti-trans rally before the game, inspired by Sophie Cunningham," Rodrigues started. "As a member of the LGBTQ+ community, how did you receive her comments and the way it ignited the right-wing and anti-trans supporters? And for the players, have you had conversations in the locker room about it?"
#sophie
"I got a lot of negative feedback about me hating trans. And I'm like, 'I never once said that,'" Cunningham said via a profile on her published by ESPN. "I think that I am here to extend love. But I also think with that love is truth, being honest. And I want to protect young girls in a locker room, or young girls in sport who shouldn't have to go against biological men."
Cunningham's words became a hot-topic issue, with people weighing in from all over the media, intense debates being had online, and even rallies being planned.
After the game, WNBA reporter Roberta Rodrigues, who rebuked Cunningham's comments and the rally tied to them on social media, asked head coach Stephanie White, who is married to journalist Lisa Salters, about the situation.
"Coach, there was a rally before the game, an anti-trans rally before the game, inspired by Sophie Cunningham," Rodrigues started. "As a member of the LGBTQ+ community, how did you receive her comments and the way it ignited the right-wing and anti-trans supporters? And for the players, have you had conversations in the locker room about it?"
#sophie
2 days ago
As of 11:38 AM ET, the Dow Jones Industrial Average (DJINDICES:^DJI) is up 0.13% to 52,017.19, while the S&P 500 (SNPINDEX:^GSPC) is down 0.33% to 7,387.76, and the Nasdaq Composite (NASDAQINDEX:^IXIC) has slipped 0.44% to 24,840.43 as tech pressure offsets optimism from cooling geopolitical tensions.
Gold is up 0.45% to $4,074.30, and the 10-Year Treasury yield is down 0.03% to 4.65%. Communications and consumer defensive stocks are this morning's top-performing sectors while technology and energy sectors are in the red.
RTX Corp climbed 2.61% to $218.28 on strong Q2 earnings. SAP surged 7.4% to $171.79, extending last week's gains after the software company beat earnings expectations. Conversely, Nvidia is trading lower amid concerns about Chinese competition. Reddit is up 6.7% to 171.79 on optimism about its upcoming earnings.
Oil prices fell this morning on news of a pause in strikes between the U.S. and Iran. WTI crude oil fell almost 7% to $83.15 a barrel, boosting market sentiment and lifting the Dow slightly. However, investors are braced for further volatility and will be watching the Federal Reserve meeting this week. The Fed is widely expected to leave rates unchanged in July, but inflationary pressures caused by ongoing tensions in the Middle East and high spending by tech companies could prompt it to raise rates before the end of the year.
On the other side, renewed artificial intelligence (AI) valuation concerns weighed on markets. This week will bring earnings from Microsoft, Meta Platforms, Apple, and Amazon, and investors will be paying close attention to capital expenditure plans. The high concentration in the Nasdaq and the S&P 500 means any drop in their share prices will have an outsized impact on these major indexes.
#earnings
Gold is up 0.45% to $4,074.30, and the 10-Year Treasury yield is down 0.03% to 4.65%. Communications and consumer defensive stocks are this morning's top-performing sectors while technology and energy sectors are in the red.
RTX Corp climbed 2.61% to $218.28 on strong Q2 earnings. SAP surged 7.4% to $171.79, extending last week's gains after the software company beat earnings expectations. Conversely, Nvidia is trading lower amid concerns about Chinese competition. Reddit is up 6.7% to 171.79 on optimism about its upcoming earnings.
Oil prices fell this morning on news of a pause in strikes between the U.S. and Iran. WTI crude oil fell almost 7% to $83.15 a barrel, boosting market sentiment and lifting the Dow slightly. However, investors are braced for further volatility and will be watching the Federal Reserve meeting this week. The Fed is widely expected to leave rates unchanged in July, but inflationary pressures caused by ongoing tensions in the Middle East and high spending by tech companies could prompt it to raise rates before the end of the year.
On the other side, renewed artificial intelligence (AI) valuation concerns weighed on markets. This week will bring earnings from Microsoft, Meta Platforms, Apple, and Amazon, and investors will be paying close attention to capital expenditure plans. The high concentration in the Nasdaq and the S&P 500 means any drop in their share prices will have an outsized impact on these major indexes.
#earnings
2 days ago
July 27, 2026, 12:07 pm EDT
Arax Advisory Partners is continuing its
acquisition streak
. Last week, the New York-based company said it agreed to buy Transcend Capital Advisors, a registered investment advisor with more than $3 billion in **** ets under management as of June 30. The deal is expected to close in the third quarter. Transcend will be the seventh firm to join Arax in 2026, which didn’t disclose terms of the transaction.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Welcome to Barron's Advisor! Our articles are free to Barron's subscribers and wealth management professionals. To subscribe to Barron's, click here. If you're a wealth management professional and would like access to the Barron's Advisor experience, please provide the information below.
If you're not a wealth management professional, you can find other great financial content at barrons.com. If you have any questions, please contact us at advisor.editorsbarrons.com.
#wealth
Arax Advisory Partners is continuing its
acquisition streak
. Last week, the New York-based company said it agreed to buy Transcend Capital Advisors, a registered investment advisor with more than $3 billion in **** ets under management as of June 30. The deal is expected to close in the third quarter. Transcend will be the seventh firm to join Arax in 2026, which didn’t disclose terms of the transaction.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Welcome to Barron's Advisor! Our articles are free to Barron's subscribers and wealth management professionals. To subscribe to Barron's, click here. If you're a wealth management professional and would like access to the Barron's Advisor experience, please provide the information below.
If you're not a wealth management professional, you can find other great financial content at barrons.com. If you have any questions, please contact us at advisor.editorsbarrons.com.
#wealth
