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US equity fund inflows ease to a six-week low.
U.S. equity fund inflows ebbed to a six-week low in the week through April 29 as investors concerned over a surge in crude oil prices exercised caution ahead of a monetary policy decision by the Federal Reserve. According to LSEG Lipper data, investors bought just $911 million worth of U.S. equity funds in their smallest weekly net purchase since March 18. The Federal Reserve kept interest rates steady last week, but three board members voted to drop the central

The San Juan Daily Star
May 52 min read


US stocks rally could find fuel in earnings, jobs data amid surging oil prices.
Investors will look for another batch of earnings reports and fresh employment data to drive a resilient U.S. stocks rally higher this week, in the face of spiking oil prices and a more hawkish Federal Reserve. Major U.S. stock indexes ended the week at record-high levels, following a sharp month-long rebound from concerns about economic fallout from the Middle East war. A stellar season for corporate profits is underpinning bullishness for U.S. equities and countering othe

The San Juan Daily Star
May 43 min read


United Arab Emirates says it will leave OPEC in blow to oil cartel.
The Panorama digital command center in the headquarters of the state-owned Abu Dhabi National Oil Company, in Abu Dhabi, United Arab Emirates, Jan. 6, 2026. The United Arab Emirates announced plans to leave OPEC on April 28, 2026, after long complaining that the oil production cartel’s quotas had curtailed its oil exports in an unfair manner. (Natalie Naccache/The New York Times) By VIVIAN NEREIM and REBECCA F. ELLIOTT The United Arab Emirates dealt a major blow to some of th

The San Juan Daily Star
May 14 min read


Wall Street ends higher, S&P 500, Nasdaq notch biggest monthly gains in years.
U.S. stocks advanced on Thursday and the S&P 500 and the Nasdaq logged their biggest monthly gains in years as solid corporate earnings offset the war-related oil supply shock that has rattled markets and sent crude prices to four-year highs. But oil prices eased and economic data showed the U.S. economy continues to grow at a healthy pace, helping as investors geopolitical tensions and close the book on a month of solid gains. The rally gained momentum throughout the s

The San Juan Daily Star
May 13 min read


Wall Street extends losses after Fed decision, big tech earnings on tap.
Wall Street moved lower on Wednesday, with spiking crude prices fanning inflation worries as the U.S. Federal Reserve left interest rates unchanged at the conclusion of what is likely to be its last monetary policy meeting under Chair Jerome Powell. The three major U.S. stock indexes gyrated lower after the Fed’s policy statement revealed the decision to hold rates steady was its most divided since 1992, along with uncertainties concerning rising energy prices due to tu

The San Juan Daily Star
Apr 303 min read


Budget airlines ask Trump administration for billions as fuel costs rise.
A Spirit Airlines flight taxis at LaGuardia Airport in New York, Jan. 26, 2026. Spirit is negotiating a loan of up to $500 million from the Trump administration. (Angelina Katsanis/The New York Times) By KAROUN DEMIRJIAN and LAUREN HIRSCH A trade group representing low-cost airlines said Monday that it was asking the Trump administration for $2.5 billion to offset some of the cost of fuel, which has surged because of the war with Iran. Jet fuel prices climbed to about $4.10 a

The San Juan Daily Star
Apr 294 min read


Nasdaq, S&P 500 end lower on renewed AI growth worries ahead of big tech earnings.
U.S. stocks closed lower on Tuesday, backing away from record closing highs as renewed concerns over the artificial intelligence boom weighed on technology stocks days before five of the sector’s most high-profile companies were due to post quarterly results. Semiconductor shares, which have surged over 40% so far this year, weighed particularly heavily on the Nasdaq, which suffered its biggest daily percentage loss in a month. OpenAI missed internal targets for weekly us

The San Juan Daily Star
Apr 293 min read


Larry Sweeney: The passing of a Condado icon.
A view of La Rada Hotel on the Condado Lagoon, where for decades Larry Sweeney’s Scotch ‘n Sirloin, generally known to its local patrons as simply “Sweeney’s,” served as a versatile gathering place that helped define Condado as the San Juan district came into its own. (Wikimedia Commons) Owner of renowned Scotch ’n Sirloin dies at 86 By PEGGY ANN BLISS Special to The STAR Tributes of notes and flowers, some faded from the sun, have accumulated on the Condado site where the Sc

The San Juan Daily Star
Apr 284 min read


Short sellers’ bets on life insurance stocks soar as private credit concerns grow.
Short sellers’ bets against U.S. life insurance stocks more than doubled in the past year to over $5 billion, a Reuters analysis of ORTEX data shows, a move that analysts say in part reflects concerns about exposure to the opaque private credit sector. Jitters about private credit - lending to companies by non-banks, such as private equity funds and asset managers - have shaped markets in recent months, after portfolio managers were found to hold debt from bankrupt auto f

The San Juan Daily Star
Apr 282 min read


US equity fund inflows rise on earnings optimism, AI boost.
U.S. equity funds attracted the largest weekly net investment in four weeks through April 22, driven by upbeat corporate earnings results and optimism over AI-linked business deals. Investors bought a net $27.98 billion of U.S. equity funds in their largest weekly purchase since roughly $36.94 billion net acquisitions in the week through March 25. Upbeat earnings from major banks and food and beverage company PepsiCo boosted risk appetite. LSEG data for 134 S&P 500

The San Juan Daily Star
Apr 272 min read
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