Economy

Global Markets Digest: S&P 500 Futures Hold Steady After Record-Setting Rally, Key Earnings & Geopolitical Tensions in Focus

Global stock futures showed modest movements Wednesday, following a monumental Tuesday rally that propelled…

Pfizer Surpasses Expectations, Boosts Revenue Outlook on Strong Performance of Eliquis and Other Key Drugs

Pfizer has exceeded second-quarter earnings and revenue estimates, prompting an upward revision of its…

U.S.-Iran Strait of Hormuz Agreement Imminent, Signaling Market Gains and Oil Price Drop

Treasury Secretary Scott Bessent announced the imminent reopening of the Strait of Hormuz following…

JPMorgan Downgrades Nike, Cites ‘Longer Than Expected’ Turnaround Plan

JPMorgan has downgraded Nike's stock rating to 'underweight' due to its lengthy turnaround plan,…

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