Oil steadies on reports of US-Russia deal, ends week about 5% lower

Oil held steady as markets awaited a meeting in coming days between Russian president Vladimir Putin and his U.S. counterpart Donald Trump, but prices marked their steepest weekly losses since late June on a tariff-hit economic outlook.

Nasdaq posts record closing high with tech gains, rate cut optimism

U.S. stocks ended higher and the Nasdaq notched a record closing high for the second straight day as technology-related shares, including Apple, gained and as investors were optimistic about potential interest rate cuts.

A fresh look at inflation trends will test the U.S. stock market’s rally in the coming week, with some investors saying equities are primed for a potential pullback after rocketing to records, as benchmark S&P 500 is near record highs

S&P 500 flattens on report of Waller as Trump’s preferred Fed chair pick

USA 500 Daily Chart

Wall street’s main indexes trimmed their early gains amid concerns over the Federal Reserve’s independence, following a report that Fed Governor Christopher Waller was President Donald Trump’s top candidate for the central bank’s chair post.

Ripple to buy stablecoin payments platform Rail

Ripple Daily Chart

Ripple announced that it will acquire stablecoin-powered payments platform Rail for $200 million, with the deal expected to close in the fourth quarter of 2025. The company said the move aims to expand its enterprise-grade digital asset infrastructure