Shell PLC (LON: SHEL) and ARC Resources Ltd. (TSX: ARX) have agreed to merge in a cash and stock combination. Each share of ARC Resources will be exchanged for 0.40247 new Shell PLC shares and $8.20 CAD cash. The transaction has received shareholder and regulatory approvals and is expected to close on September 2, 2026, subject to customary closing conditions, with ARC Resources expected to delist shortly after closing of the transaction. As a result, ARC Resources shares will be removed from th

The S&P 500 was relatively unchanged after the latest personal consumption expenditures price index reading revealed that inflation remains elevated.

US markets closed nearly unchanged after July PCE stayed at 3.7%, boosting odds of a Fed hike; Dow snapped a 3‑day rally as investors awaited Warsh’s Jackson Hole speech.

On Thursday, the reason behind the surge in futures is the bullish earnings of Nvidia, which signaled that AI-driven demand could remain steady for the next two years. On the contrary, Wall Street indices faced sell-offs after the July monthly Personal Consumption Expenditures data surpassed street expectations. On Thursday, investors will wait for more major earnings.

Dow Jones futures hold steady as traders await US PCE inflation data and Nvidia earnings. Get the latest market outlook and key levels to watch.

US stocks finished little changed as investors weighed stubborn inflation and higher Treasury bond yields, before Nvidia delivered stronger-than-expected results after the closing bell.