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U.S. stocks opened higher, with the Dow Jones Industrial Average up 0.33%, the S&P 500 up 0.56%, and the Nasdaq Composite up 0.39%. SpaceX (SPCX.O) fell 10.5% amid concerns over its surging AI spending. AMD (AMD.O) fell 7% after disappointing Q2 resu

2026-08-05

U.S. stocks opened higher, with the Dow Jones Industrial Average up 0.33%, the S&P 500 up 0.56%, and the Nasdaq Composite up 0.39%. SpaceX (SPCX.O) fell 10.5% amid concerns over its surging AI spending. AMD (AMD.O) fell 7% after disappointing Q2 results and outlook. Shopify (SHOP.N) rose 20%. Gold briefly climbed above $4,200, with Harmony Gold (HMY.N) up 7.5% and Goldfields (GFI.N) up 8.3%. Storage-related stocks declined slightly.

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2026-08-05

US EIA gasoline production for the week to July 31 fell 309,000 b/d; prior week +178,000 b/d.

US EIA gasoline production for the week to July 31 fell 309,000 b/d; prior week +178,000 b/d.
2026-08-05

South Korea's Ministry of Unification on the 5th proposed a "Korean Peninsula Peaceful Coexistence and Development" plan that, as a first step, urges both sides to address one another by name and replace wording such as "main enemy." South Korea's Pr

South Korea's Ministry of Unification on the 5th proposed a "Korean Peninsula Peaceful Coexistence and Development" plan that, as a first step, urges both sides to address one another by name and replace wording such as "main enemy." South Korea's President Lee said the proposal remains disputed.
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