Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.34%

Micron Technology (MU -7.24%) has had a great year, with its shares rising about 217% so far. However, following a sell-off in early July, they are still down 25% from an all-time high set in late June. A midyear sell-off like this shouldn’t come as a surprise to investors since many of them wanted to…

Oil tankers and cargo vessels remain anchored off Port Sultan Qaboos on June 21, 2026 in Muscat, Oman. Elke Scholiers | Getty Images Oil prices fell after Iran reportedly said it would suspend attacks as long as a U.S. pause in hostilities remains in place, easing concerns over nearly two weeks of escalating conflict.  International…

The US economy showed surprisingly robust job growth in May, adding 172,000 new jobs and signaling a broadening recovery that extends far beyond essential services. But underneath the strong labor market, headlines are flashing mixed signals: treasury yields are climbing on inflation worries, real estate markets are seeing regional corrections, and consumer sentiment is beginning…

The combined market valuation of nine of the top-10 most valued firms eroded by Rs 2.74 lakh crore last week, in tandem with a bearish trend in equities, with HDFC Bank taking the biggest hit. Last week, the BSE benchmark Sensex tanked 2,091.68 points, or 2.67 per cent, and the NSE Nifty declined 566.85 points,…

If you’re here looking for lower mortgage interest rates, today is definitely not your day. The average interest rate on a 30-year, fixed-rate mortgage jumped to 6.75% APR, according to rates provided to NerdWallet by Zillow. This is 13 basis points higher than Friday and 18 basis points higher than a week ago. (See our…

Reputation and brand damage have emerged as the biggest risks facing India’s fintech sector, ranking above infrastructure disruptions, competition, data privacy, cyberattacks and regulatory concerns, according to a new industry report.   Nearly 59 per cent of fintech companies surveyed rated reputational risk as a high-severity concern, giving it an average severity score…