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Flash
15:28
Major U.S. Indices Extend Gains
On June 2, the major U.S. indices extended their gains. Currently, the Dow Jones Industrial Average is up 0.25%, the S&P 500 is up 0.23%, and the Nasdaq Composite is up 0.22%.
15:09
Fannie Mae and Freddie Mac drop as FHFA Director’s dual role as Acting Intelligence Director raises concerns
Glonhui, June 2 – Fannie Mae and Freddie Mac common stocks fell on Tuesday after former President Trump appointed Federal Housing Finance Agency (FHFA) Director Bill Pulte as Acting Director of National Intelligence. Pulte lacks a national security background and is expected to continue serving simultaneously as FHFA Director and Chairman of Fannie Mae and Freddie Mac while acting as Director of National Intelligence. Fannie Mae and Freddie Mac shares both fell more than 3% on Tuesday, with year-to-date declines exceeding 30% for both companies.
15:08
Night session futures closed
Asphalt futures fell by 2.27%, No. 20 rubber futures rose by 1.66%, fuel oil futures dropped by 1.20%, liquefied petroleum gas futures declined by 0.94%, and PVC futures decreased by 0.93%.
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