The Latest Breaking News on Markets

Dow Jones futures were little changed ahead of Tuesday's open after the Dow Jones Industrial Average dived more than 480 points Monday.

A fall on Wall Street has sent Australian stocks lower, while the Reserve Bank of Australia lifts interest rates by 0.25 of a percentage point, taking the cash rate target to 3.1 per cent.

Oil prices are down, and demand is lagging

Iraqi oil minister Hayan Abdel-Ghani stressed OPEC members are committed to the agreed production rates until the end of 2023, a ministry statement said on Saturday. Abdel-Ghani made these remarks during a ministerial meeting of the member states of the Organization of the Petroleum Exporting Countries (OPEC) via video conference.

Energy giant Chevron leads Dow stocks near buy points as the blue chip index leads the current market rally.

Futures fell after the S&P 500 retook key levels last week. Oil prices rose. Tesla stock fell on China production cut reports.

After the Fed Chair's assurance about the eventual rate hike slowdown, the Dow gained substantially and entered a new bull market. Moreover, the U.S. economy seems resilient enough to withstand any potential growth reduction. Therefore, investors could consider buying fundamentally sound Dow stocks Johnson & Johnson (JNJ) and Cisco Systems…

Dow Jones industrials reversed higher in late trading; Tesla delivered its first cybertruck to Pepsi; solar stocks surged; the cap on Russian oil was put at $60 a barrel.

The better-than-expected report showed the economy can still tolerate higher interest rates.