Nonce News Desk

WIRES

Goldman Sachs Raises S&P 500 Year-End Target to 8,000

Goldman Sachs raised its S&P 500 year-end target to 8,000 from 7,600, citing a 24% earnings-per-share growth forecast and AI-driven profit momentum.

05/27/2026

WIRES

Oil Prices Plunge on Hormuz Deal Report

U.S. crude oil fell nearly 6% Wednesday after CNBC reported Iran would restore Strait of Hormuz traffic within one month as part of a U.S. framework deal.

05/27/2026

WIRES

US Mortgage Rates Hit Highest Level Since August

US mortgage rates climbed to 6.65% last week, the highest since August 2025, sending refinance applications down 18% and total volume off 8.5%.

05/27/2026

WIRES

The Custard Apple’s Quiet Rise From Drought Crop to Export Commodity

Indian farmers and scientists are transforming the custard apple from a drought-resistant local crop into a viable international export commodity worth watching

05/27/2026

WIRES

UK Energy Bills Set to Rise 13% in July Under New Ofgem Cap

Ofgem has raised the UK energy price cap by 13% from 1 July, pushing typical annual household bills to £1,862 as wholesale gas costs surge. (157 chars)

05/27/2026

WIRES

Mortgage Refinance Demand Drops 18% as Rates Hit Nine-Month High

Mortgage refinance demand fell 18% last week as the 30-year fixed rate climbed to 6.65%, its highest point since August 2025, CNBC reported Wednesday.

05/27/2026

WIRES

Republicans Face Inflation Headache Ahead of Midterms

Republicans who rode an anti-inflation message to power in 2024 now face rising prices and a midterm reckoning, CNBC reports. Gas is up 51% since the Iran war b

05/27/2026

WIRES

SK Hynix Crosses $1 Trillion Market Cap

SK Hynix crossed a $1 trillion market cap after shares surged 9.3%, making South Korea the first nation with two chipmakers at that valuation.

05/27/2026

WIRES

Mamdani Unveils $5.6B NYC Housing Plan

NYC Mayor Zohran Mamdani unveiled his Block by Block plan Tuesday, pledging 200,000 affordable homes and a $5.6B public housing investment amid fierce critic pu

05/27/2026

WIRES

GM Defense Joins NASA Moon Rover Project as EV Strategy Shifts

GM Defense will supply battery-electric propulsion for NASA's Pegasus lunar terrain vehicle, even as GM scales back its EV ambitions on Earth. Full story here.

05/27/2026

WIRES

Software Stocks Bull Market Thesis Rides on Salesforce Earnings

Options traders are increasingly bullish on software stocks ahead of Salesforce earnings. A 25% rally from April lows has the sector in bull market territory.

05/27/2026

WIRES

S&P 500 Hits Fresh Record High on Tech Rally and Iran Diplomacy Hopes

The S&P 500 closed at a record 7,519.12 on Tuesday, lifted by a tech-led rally and cautious optimism over U.S.-Iran negotiations. Futures edged higher Wednesday

05/27/2026

WIRES

U.S. Futures Climb After Tech Rally

U.S. stock futures rose Wednesday after a tech-led rally Tuesday pushed Micron past a $1 trillion market cap for the first time.

05/27/2026

WIRES

China Restricts Cross-Border Trading After Record $1 Trillion Capital Outflow

China recorded an estimated $1 trillion in capital outflows in 2025, prompting Beijing to restrict cross-border trading and fine offshore brokers $330 million.

05/27/2026

WIRES

Nvidia’s $150 Billion Taiwan Commitment Sends Taiex to Record

Nvidia CEO Jensen Huang pledged $150 billion in annual Taiwan spending, sending the Taiex to a record close while mainland China chip stocks slid sharply.

05/27/2026