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HSBC revised down its Brent crude oil price forecasts for 2025 and 2026, following the announcement of tariffs by U.S. President Donald Trump and the decision by OPEC+ to increase production, the bank said in a note on Tuesday. The bank's forecast for 2025 has been reduced to $68.5 per barrel, down from the previous estimate of $73/bbl. Its 2026 prediction has also been lowered to $65/bbl, compared to the earlier estimate of $70/bbl.

The bank cut its 2025 Brent price forecast to $66 per barrel from $73 and its 2026 target to $58 from $61. It lowered the 2025 WTI price outlook to $62 per barrel from $69 and the 2026 view to $53 from $57. Brent crude futures were trading around $65 on Monday, and U.S. West Texas Intermediate crude futures were around $61.

DuPont shares advanced Monday as KeyBanc analysts upgraded the stock to "overweight" from "sector weight."

NEW YORK (Reuters) -A tariff-induced selloff in the U.S. stock market faces another worry, the "death cross" pattern, but history shows the ominous sounding technical signal may not necessarily mean equities face more significant downside. A death cross occurs when the 50-day moving average (DMA), seen by technicians as a proxy for the intermediate-term trend, slips below the 200-DMA, a proxy for the long-term trend. Technical analysts view the occurrence as marking a spot where a shorter-term correction could turn into a longer-term downtrend.

Bitcoin's sharp price swings triggered $366M in liquidations, which affected both bullish and bearish traders across major exchanges.

The analysis suggests a measure of hidden weakness in what has widely been seen as a solid labor market that is now coming under pressure from the Trump administration's massive tariffs, which have raised the twin risks of higher inflation and higher unemployment. In the lead-up to many past recessions, it has been typical for people who are out of work to take longer and longer to find a job, and to spend an increasing amount of time among the ranks of the unemployed, the authors of the regional Fed bank's latest Economic Letter found. "In the past, such patterns frequently occurred during the onset of recessions, suggesting that these developments could be signs of rising recession risk," the Letter's four co-authors wrote.

South Korean regulators will continue to block unreported virtual asset operators from accessing domestic sites, a statement said.