Observers are watching Apple stock, expecting that it would spike as Apple announces a new headset for augmented or virtual reality.
The significance of OPEC+ in the global oil market cannot be understated, as the alliance accounts for approximately 40% of the world’s crude oil production.
OPEC+ will continue with its plan to cut down on production and reduce supply, but did not change its target notwithstanding further cuts.
Payrolls rose 339,000 in May, exceeding expectations and indicating a resilient labor market.
The debt ceiling bill’s approval provided even another reason for the positive rally in stock futures.
The Asia-Pacific markets displayed a positive trend, with gains observed in South Korea, Japan, mainland China, and Australia.
Stocks in Europe and Asia have risen in response to the debt ceiling increase approved by lawmakers in the US.
The Senate has sent an approved bill to President Biden, allowing the government to borrow without a debt ceiling for nearly 2 years.
Compared to Quest 2, the new Meta Quest 3 comes with a 49 percent slimmer optic profile, thus a more comfortable headset for users.
Inflation in the Euro zone has fallen to 6.1% as individual countries are also recording reductions. However, Lagarde plans more rate hikes.
Of the key markets in the Asia Pacific region, only the South Korean Kosdaq saw a slight uptick.
Cathie Wood stated that NVDA stock is priced ahead of the curve and trading at 25X expected revenue for this year.
The 2-year and 10-year Treasury yields dropped Tuesday as investors await the legislative voting outcome on the debt ceiling bill.
BTC, ETH, and many other leading altcoins are all showing positive signs in the past few hours.
The ongoing negotiations surrounding the US debt ceiling have been a key focal point for investors as the June 1 deadline approaches.