S&P 500 Snapshot: Stocks End Lower To Snap 3-Week Win Streak

The dollar index (DXY00) recovered from a 3-month low on Thursday and finished up +0.08%.  Short covering emerged in the dollar on Thursday amid better-than-expected US economic news, including weekly jobless claims, the Aug Philadelphia Fed business outlook survey, and July leading indicators.  Also, Thursday’s +2% jump in WTI crude oil to a 1-month high…

The latest derivatives disclosures from US mutual funds and life insurers show a continuing tilt away from fixed-rate receivers, a surge in inflation swap trading, and the usual crop of bumper trades and book changes – this time involving BlackRock, Goldman Sachs, Nomura and Pimco, among others. The highlights from the data are summarised below,…

It’s a truism in business that the CFO’s mandate only moves in one direction: It expands over time. A CFO’s responsibilities rarely recede; they simply continue to grow. That is partly a reflection of the fact that financial services has become a larger component of the U.S.  economy, but it also reflects the growing influence…

Digital Transactions News staff August 6, 2026 Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Fraud & Security, Law and Regulation, Mergers & Acquisitions, Mobile Commerce, Transaction Processing Buy now, pay later provider Klarna AB said it completed an integration with J.P. Morgan Payments that enables merchants on the processor’s Commerce…

Credit cards have long helped consumers pay for purchases. Now Visa wants them to help consumers decide how to spend their money. During the Visa Payments Forum, the company unveiled AI Financial Assistant, a tool that lets cardholders chat with an AI assistant within their banking app about topics such as spending habits, budgeting recommendations,…

Russian President Vladimir Putin has formally approved legislation creating the nation’s first comprehensive rules governing the circulation of digital currencies and digital rights. The measure, signed on August 4, 2026, establishes clear operational standards for a range of market participants, including cryptocurrency exchanges, digital asset custodians, brokers, mining operations, and related financial infrastructure providers. Known…