Wall Street closes broadly higher as tech leads, oil slides and gold firms, with Apple the notable laggard
Executive summary: U.S. equities finished sharply higher, led by the Nasdaq Composite and S&P 500, as megacap tech, semiconductors and cyclicals helped power a broad advance. Microsoft, Amazon, Nvidia and Tesla all posted solid gains, while Apple and parts of the AI chip complex lagged. Falling WTI crude, a stronger gold tape and a weaker USD/JPY added to the cross-asset picture, suggesting investors leaned into growth and rate-sensitive exposures while rotating away from some energy and crypto-linked risk. [Continue Reading]
360LiveNews Markets Intelligence | 03 Aug 2026 21:15 LONDON
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Europe closes higher as oil slumps, DAX leads broad risk rally, euro and sterling firm
Executive summary: European equities finished higher, led by Germany’s DAX, as a sharp drop in Brent crude eased pressure on risk assets and helped support autos, metals and broader cyclicals. The move came alongside a weaker dollar, firmer euro and sterling, and gains across the Euro Stoxx 50, CAC 40 and FTSE 100. Gold also advanced, while silver slipped and USD/JPY fell sharply, underscoring a session dominated by commodity, FX and rate-sensitive moves. [Continue Reading]
360LiveNews Markets Intelligence | 03 Aug 2026 16:45 LONDON
Wall Street opens higher as Nasdaq leads, oil and chips slide, gold firms
Executive summary: U.S. stocks opened broadly higher, with the Nasdaq Composite leading gains and the S&P 500 and Dow also advancing. The move came alongside a sharp drop in WTI crude, a selloff in AI and chip shares, and a stronger yen against the dollar. Gold and platinum rose, while Bitcoin, Ether and silver fell, pointing to a mixed risk backdrop even as large-cap equities held up at the open. [Continue Reading]
360LiveNews Markets Intelligence | 03 Aug 2026 14:45 LONDON
Shell profits double as oil prices rise after Iran war disrupts energy supplies
Shell has reported a sharp rise in second-quarter profits after the Iran war pushed up oil prices and disrupted global energy supplies. The company said earnings for the April-to-June period reached $9.84bn, more than double the $4.26bn recorded a year earlier. The increase came as the conflict affected flows of oil and liquefied natural gas through the Strait of Hormuz, a key route for global energy shipments.Chief executive Wael Sawan said Shell's operational performance had delivered very strong results during what he described as another quarter of severe disruption in global energy markets. The company also said its first-half earnings... [Continue Reading]
360LiveNews | 30 Jul 2026 09:09 LONDON
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