News

Iranian Foreign Ministry spokesman Bagaei: The narrative on terrorism made by the US Secretary of Defense on the anniversary of 9/11 is fundamentally contradictory. The US cannot wage war, carry out attacks, and attack civilians while claiming to be fighting terrorism and defining terrorism.

Oracle (ORCL.N): Executive Chairman Larry Ellison adopted a new trading scheme on June 22, which is scheduled to terminate on October 24. The scheme aims to allow the company to sell up to 50 million shares of Oracle common stock.

Oracle (ORCL.N): As of August 31, 2026, the total estimated restructuring costs associated with the 2026 restructuring plan are up to $2.1 billion.

Oracle (ORCL.N): After August 31, we will add approximately $700 million to our 2026 restructuring plan to reflect additional actions we expect to take.

Market news: Oracle (ORCL.N) will invest an additional $700 million in its restructuring plan.

Sources say JPMorgan Chase (JPM.N) has suspended situational awareness-related lending after suffering losses.

Federal Reserve: U.S. bank deposits totaled $19.566 trillion last week, compared with $19.559 trillion the previous week.

U.S. Defense Secretary Hergsays will meet with German Defense Minister Pistorius on September 15.

S&P: Saudi Arabia’s diversified energy export infrastructure and current high oil prices help it withstand the pressure from the Middle East conflict.

The Dow Jones Industrial Average rose 509.10 points, or 0.98%, to close at 52,573.20 on Friday, September 11; the S&P 500 rose 65.24 points, or 0.86%, to close at 7,656.94; and the Nasdaq Composite rose 251.31 points, or 0.96%, to close at 26,333.04 on Friday, September 11.

[US Stocks Close: Major Indexes Rise] US stocks closed higher on Friday. The Dow Jones Industrial Average rose 0.98%, the S&P 500 gained 0.86%, and the Nasdaq Composite climbed 0.96%. Qualcomm (QCOM.O) rose 2.88%, Intel (INTC.O) gained 2.61%, SpaceX (SPCX.O) climbed 2.04%, and Amazon (AMZN.O) gained 1.94%. SanDisk (SNDK.O) fell 3.5%, Oracle (ORCL.N) dropped 1.82%, and Micron Technology (MU.O) declined 0.22%. The Nasdaq China Golden Dragon Index rose 0.4%, Baidu (BIDU.O) gained 0.89%, and Alibaba (BABA.N) climbed 0.68%.

According to the U.S. Commodity Futures Trading Commission (CFTC), as of the week ending September 8, 2026, equity fund managers reduced their net long positions in the S&P 500 CME by 19,683 contracts to 907,776 contracts. Equity fund speculators increased their net short positions in the S&P 500 CME by 29,085 contracts to 336,643 contracts.

U.S. Commodity Futures Trading Commission (CFTC): Fund managers reduced their net long positions in S&P 500 futures to the lowest level last week.

US President Trump announced that he will distribute a $5,000 "Trump bonus" to all American adults because the US is reaping trillions of dollars in economic development, investment, and "pure success." However, this plan is being criticized by Democrats who hope it will never happen.

Citigroup expects the Federal Reserve to raise interest rates in September and then cut rates by mid-2027.

According to lawyers, Apple's (AAPL.O) always-on AI features are putting wiretapping laws to the test.

Goldman Sachs: A renewed rise in expectations of a Fed rate hike could trigger traders to unwind hedging positions, leading to a more drastic correction in gold prices than usual.

JPMorgan Chase has revised its Federal Reserve forecasts, now expecting rate hikes in September and December.

Sources say Stellantis (STLA.N) has signed a memorandum of understanding with Roshel to sell its Canadian plant.

The U.S. Treasury Department reports that the U.S. deficit for fiscal year 2026 to date is $1.966 trillion, compared to $1.973 trillion in the same period of fiscal year 2025.