Here Are the Major Earnings Before the Open Thursday

Seeking Alpha9minutes ago

U.S. June PPI growth slowed and dovish remarks by John Williams, President of the Federal Reserve Bank of New York, pushed yields lower, with the dollar continuing to decline to ¥161.90 and $1.1483.

[London Market Overview] On the 15th, the dollar-yen pair traded in a narrow range in the London foreign exchange market. The dollar strengthened against the yen, rising from JPY 162.24 to JPY 162.41, supported by a generally dollar-positive backdrop amid elevated oil prices driven by Middle East uncertainty and expectations of continued tight U.S. monetary policy. The euro-dollar pair declined under dollar buying pressure, falling from USD 1.1427 to USD 1.1410. The euro-yen pair followed the euro-dollar lower and also weakened on concerns over declines in European equities, dropping from JPY 185.46 to JPY 185.32.

Fisco Japan35minutes ago

Elon Musk Just Ditched His Clean‐Energy Image With a Billion‐Dollar Fossil‐Fuel Play

Benzinga41minutes ago

U.S. equity markets extended gains on the 15th, buoyed by strong financial earnings and signs of moderating inflation.

U.S. equity markets extended gains, with the Dow Jones Industrial Average closing up 150.37 points at 52,658.64 and the Nasdaq Composite ending 162.22 points higher at 26,269.23. Markets rose after the open, buoyed by strong bank earnings and signs of moderating domestic inflation. Following a slowdown in the Consumer Price Index (CPI), the Producer Price Index (PPI) also showed easing price pressures. Additionally, New York Fed President Williams tempered his hawkish stance, further diminishing expectations for a rate hike this year and supporting equities through lower yields. Gains were briefly interrupted by news of continued attacks against Iran.

Fisco Japan52minutes ago

Wildfire Smoke Spurs Fresh Demand for Masks, Putting 3M, Other Stocks In Focus

Benzinga05:03

Report: ASML plans to raise lithography equipment prices; Taiwan Semiconductor opposes the move

Surging demand for AI chips has bolstered pricing power, with analysts noting that strong earnings from ASML's major customers—including Taiwan Semiconductor, Samsung, and SK Hynix—have created a market environment 'conducive to price increases.' The CFO stated that the production efficiency of Low NA EUV tools continues to improve, providing 'significant room' for future price hikes.

wallstreetcn04:28