Nasdaq Commodities

Cocoa futures on the ICE exchange fell on Thursday, edging away from multi-year and multi-decade peaks as data showed demand is starting to shrink in response to soaring prices.

The S&P 500 and Nasdaq fell on Thursday, as Tesla CEO's hints about more price cuts deepened investor concerns, while Netflix slid on quarterly revenue miss.

Canada's largest airline has inked a deal seeking to bring in more lower-carbon aviation fuel from green hydrogen and carbon dioxide by 2025, Air Canada and its partner company told Reuters on Thursday as efforts to reduce airplane emissions accelerate.

The Canadian government is relieved that dock workers in the Pacific province of British Columbia have lifted their strike notice, Transport Minister Omar Alghabra said on Thursday.

Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services' Energy Team.

The International Grains Council (IGC) on Thursday raised its forecast for 2023/24 global corn production by nine million metric tons to 1.22 billion metric tons, largely reflecting an improved outlook in the United States.

The S&P 500 and tech-heavy Nasdaq were set for a lower open on Thursday, as Tesla CEO's hints about more price cuts deepened investor concerns, while Netflix slid as its quarterly revenue missed analysts' estimates.

India has prohibited the export of non-basmati white rice with immediate effect, according to a government notice on Thursday, after a late start to seasonal monsoon rains hurt the crop and raised fears of a production shortfall.

The end of the Ukraine grain export deal and an unfavorable U.S. weather outlook sent Chicago-traded wheat and corn futures soaring on Wednesday, causing pain for speculators holding short positions.

The S&P 500 and Nasdaq futures fell on Thursday as Tesla kicked off second-quarter earnings for megacap growth and technology stocks on a somber note, while Netflix slid as its quarterly revenue missed analysts' estimates.

American Airlines raised its annual forecast for adjusted profit on Thursday, powered by strong demand for domestic and international travel despite fears of a looming economic slowdown.

Sri Lankan President Ranil Wickremesinghe arrives in New Delhi on Thursday on a two-day visit hoping to strengthen economic ties between the South Asian countries.

Malaysian palm oil futures extended gains on Thursday to hit a four-month peak as Russia's withdrawal from the Black Sea grain deal heightened concerns over edible oil supplies from the region.

Copper prices rose in London on Thursday, snapping a four-day losing streak, on growing hopes that top metals consumer China would introduce additional support for its troubled real estate sector.

Coffee trading activities in Vietnam remained tepid at the end of the crop season due to a shortage of beans, while Indonesian September premium edged down slightly, traders said on Thursday.

Egypt's strategic reserves of wheat are sufficient for five months, Supply Minister Ali Moselhy said on Wednesday.

Prices of most non-ferrous metals climbed on Thursday on short covering amid news that the Chinese government is looking at supportive measures for the real estate market.

North American tourists thronging the streets of Europe's top destinations are set to fuel healthy earnings for airlines this quarter and onwards as they enjoy travelling after long pandemic lockdowns, analysts and aviation executives said.

Asian millers, which have bought more than 1 million metric tons of Black Sea wheat for shipment in coming months, will seek alternatives as attacks on Ukrainian ports after the collapse of a safe passage deal spark longer-term supply risks, traders and analysts said.

Malaysian palm oil futures jumped more than 2% on Thursday, as Russia's withdrawal from the Black Sea grain deal heightened concerns over edible oil supplies from the region.