Market News
Current market news from global exchanges: index moves, session summaries, equity coverage and the developments that matter to investors.
Current market news from global exchanges: index moves, session summaries, equity coverage and the developments that matter to investors.
Webull Launches Managed Bond Portfolios: Broadening Access for Retail Investors
Webull has introduced its first robo-advised individual bond portfolios specifically designed for retail investors. This innovative service, powered by Moment's institutional-grade fixed income infrastructure, democratizes access to the bond market, traditionally reserved for high-net-worth clients. It offers new investment opportunities with low entry requirements and competitive management fees.
US mortgage rates fell slightly for the first time in six weeks, following fresh data indicating a cooling labor market and a more muted impact of the Iran conflict on inflation last month. This decline offers a slight reprieve for homebuyers as markets recalibrate expectations for the Fed's monetary policy.
Massive investments in data centers and AI infrastructure are creating long-term opportunities for "HALO" companies, characterized by "hard assets and low obsolescence." This shift presents attractive prospects beyond traditional tech stocks for investors.
Mike Ashley's Frasers Group has acquired the British luxury department store chain Harvey Nichols out of administration, expanding its luxury retail portfolio. The acquisition follows five consecutive years of losses and significant financial challenges for Harvey Nichols. Extensive restructuring is anticipated in the new phase.
Global shipping giant Maersk has raised its full-year financial guidance for the second time in less than three months, driven by soaring freight rates and robust demand from Asia. The company's strong second-quarter performance surpassed market estimates, leading to a significant increase in its shares.
South Korea's KOSPI index rebounded from its recent rout, re-entering bull-market territory. Renewed investor interest in the index's dominant semiconductor giants drove the surge.
South Korean stocks rallied on Thursday, pushing the benchmark Kospi index into a technical bull market, fueled by a global revival in AI trade. The index has rebounded by nearly 23% from its late-July low, with technology stocks leading the charge.
Australian Securities Exchange (ASX) shareholder Rosherville Pty Ltd plans to seek court permission to sue former directors over the failed blockchain-based CHESS project. This follows ASX's admission of misleading the market, raising governance scrutiny.
US July Consumer Price Index (CPI) data aligned with expectations, coupled with strong earnings from leading technology companies, eased concerns about imminent interest rate hikes. This resulted in US stock futures largely trading flat, with technology shares showing particular strength.
The Transport Workers Union (TWU), the largest airline union, has organized aircraft fuelers at Orlando International Airport. The union is now preparing for fleet service contract negotiations with American Airlines, slated for 2027.
Despite Hims & Hers' plans to launch peptide treatments by year-end, Wall Street analysts remain cautious, expecting modest revenue contributions in 2026. Regulatory uncertainties and the timing of market penetration are tempering investor expectations for the current year.
Kaplan Fox & Kilsheimer LLP is informing investors of a securities class action lawsuit filed against Photronics Inc. (NASDAQ: PLAB), covering those who purchased shares between December 10, 2025, and May 27, 2026. The deadline to participate in the lawsuit is September 4, 2026.