TREE NEWS update: EU foreign policy chief Kaja Kallas said on Sunday that all EU member states agree Israeli settlements in the West Bank violate international law, and that settlement expansion undermines the two-state solution. She reaffirmed the EU’s commitment to a comprehensive, just and lasting peace based on the two-state solution. Britain, France, Canada and nine other countries issued a joint statement pledging restrictions on trade with Israeli settlements.
TREE NEWS reports: On Tuesday, September 8, US asset-class ETFs were mixed. Gold ETFs fell 1.73%, Dow ETF lost 1.13%, and S&P 500 and Russell 2000 ETFs dropped up to 0.55%. In contrast, a Brent oil fund gained 2.89%, while yen and VIX long ETFs rose 1.52%.
TREE NEWS reports: On Tuesday, healthcare sector ETFs dropped over 2.5%, with biotech ETFs down 2.17%, leading declines among US industry ETFs. Global aviation, financial, banking, regional bank, and network index ETFs fell 1.84%-1.12%. Meanwhile, global tech ETFs rose 0.29%, tech sector ETFs gained 0.32%, energy ETFs added 1.11%, and semiconductor ETFs climbed 1.19%.
TREE NEWS reports: In the S&P 500’s 11 sectors, healthcare fell 2.55%, financials dropped 1.43%, materials lost 0.91%, consumer discretionary declined 0.49%, telecom slipped 0.29%, and information technology edged down 0.19%. Energy rose 1.01%, the only sector in positive territory.
TREE NEWS reports: The Bloomberg Electric Vehicle Price Return Index fell 0.45% on Tuesday (Sept 8) to 3,403.46 points. The decline persisted during the Asia-Pacific session, with a slight recovery at the start of U.S. stock trading.
TREE NEWS update: Iran has warned oil tankers to evacuate areas near the coastlines of Kuwait and Bahrain. The advisory, reported on [date not specified], raises regional tensions in the Gulf. No further details were provided.
TREE NEWS reports: The S&P 500 provisionally closed down 0.6%, with healthcare down 2.5% and financials down 1.4%, while tech and telecom slipped 0.3% each. Energy rose 1.2%. The Nasdaq 100 fell 0.2%, with Amgen down 10.3% and CoreWeave up 11.6%. The Philadelphia Semiconductor Index gained 1.1%.
TREE NEWS update: The UK government has proposed simplifying the tax system for medium-sized enterprises. The plan aims to reduce administrative burdens and streamline compliance for these businesses. Details of the proposal were not disclosed in the initial announcement.
TREE NEWS update: Iran launched strikes on US vessels on Monday, prompting a US response. The incident marks a significant escalation in regional tensions, though details of the attacks and the nature of the US retaliation remain limited at this time.
TREE NEWS reports: Wall Street rate strategists expect the US Treasury to raise the size of its long-dated debt buybacks to as much as $10 billion per operation. Morgan Stanley strategists said that under current cash balance management policy, each of the remaining seven operations this quarter could reach that cap, assuming no additional short-term bill issuance. The Treasury announced in August plans to at least double the scale of its long-term buyback program.
TREE NEWS reports: ICE Arabica coffee futures dropped 3.22% at the New York close on Tuesday (Sept 8), while coffee ‘C’ futures fell 1.91%. New York cocoa futures declined 4.22% to $5,927 per ton. Chicago WCE canola futures rose 2.27%, and ICE cotton futures gained 0.07%.
TREE NEWS update: Turkey’s Foreign Ministry has strongly condemned a Houthi attack on Saudi Arabia. The statement did not provide further details. The incident underscores regional tensions involving Iran-backed Houthi forces.
TREE NEWS reports: At least seven firms launched loan repricing pitches on Tuesday, as borrowers return after the summer lull, including Global Medical Response Inc.’s $2.9 billion offering and Heartland Dental LLC’s $2.5 billion deal. Companies are tapping strong investor demand for high-risk financing amid limited new supply due to scarce M&A. Leveraged loan funds saw their largest inflows since January in the week to last Wednesday.
TREE NEWS update: Massachusetts Governor Maura Healey signed an executive order on data centers, requiring projects to obtain local approval before proceeding. The order aims to streamline siting while ensuring community input, as the state seeks to attract AI and cloud infrastructure investment.
TREE NEWS update: A US missile struck an Iranian oil tanker four miles off Kharg Island on the evening of the 8th. No casualties were reported, and the crew was evacuating as investigations began. Neither Iranian officials nor the US have commented.
TREE NEWS update: The US military has struck multiple targets around Iran’s Kharg Island, with several Iranian oil tankers reportedly listed as targets. The operation, reported by Fox News, marks a significant escalation in the region. Details on casualties or damage remain unclear.
TREE NEWS reports: WTI crude futures climbed back above a 2.4% gain as investors weighed Yemen Houthi attacks and unconfirmed reports of an explosion on Iran’s Kharg Island. The move extends oil’s recent volatility amid heightened Middle East tensions. Traders remain focused on supply risks from the region.
TREE NEWS reports: The US is currently attacking Iranian oil tankers. The report did not provide further details on the nature or extent of the attacks.
TREE NEWS reports: The dollar fell 0.30% against the yen in New York trading on Tuesday, settling at 153.89 yen after trading in a 154.42-152.89 range. The pair showed a V-shaped reversal from the Asia-Pacific open through 19:10 Beijing time. Euro/yen and sterling/yen also declined, down 0.27% and 0.29%, respectively.
TREE NEWS reports: The ICE US Dollar Index fell 0.35% to 98.828 points at New York close on Tuesday, September 8, trading between 99.018 and 98.716. It declined throughout the session, peaking early before slipping. The Bloomberg Dollar Index also dropped 0.10% to 1187.13 points.
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