Stocks rally and oil prices drop following ceasefire announcement

Stocks rally and oil prices drop following ceasefire announcement – CBS News Watch CBS News Stocks jumped and oil prices fell on Wednesday following President Trump’s announcement of a two-week ceasefire in the war with Iran. CBS News senior business and tech correspondent Jo Ling Kent has more. Source link

Wall Street, global markets surge after US-Iran ceasefire sends oil prices below $100 a barrel

Wall Street surged in Wednesday premarket trading as oil prices plunged below $100 after the U.S. and Iran agreed to a two-week ceasefire that includes the reopening of the Strait of Hormuz. Futures for the S&P 500 jumped 2.7% before the opening bell and futures for the Dow Jones Industrial Average climbed 2.6%. Nasdaq futures … Read more

Dow futures soar nearly 1,300 points, oil prices tumble after Iran ceasefire

Stock futures surged and oil prices plunged on Wednesday as a two-week ceasefire in the Iran war eased fears of a prolonged energy shock that has rattled markets for more than five weeks. Futures for the Dow Jones Industrial Average soared 1,267 points, or 2.7%, to 48,079 in premarket trading. S&P 500 futures jumped 185 points, or … Read more

Oil prices plunge 15%, stock futures rally after Trump floats two-week Iran war ceasefire

Oil prices plunged and U.S. stock futures soared Tuesday evening after President Donald Trump announced “a double sided ceasefire” in the war with Iran at the request of Pakistan, who has been serving as an intermediary in recent talks. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. In … Read more

Oil jumps above $116 as Trump’s Strait of Hormuz deadline approaches

Oil prices jumped and stocks tumbled Tuesday morning, as the U.S. launched fresh strikes on Iran’s Kharg Island and as President Donald Trump’s 8 p.m. ET deadline to reopen the Strait of Hormuz approached without a clear resolution. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The price … Read more

Oil prices rise, stocks fall ahead of Trump’s Tuesday night deadline for Iran

Oil prices rose on Tuesday and stock futures fell ahead of President Trump’s 8 p.m. EST deadline for Iran to reopen the Strait of Hormuz to avoid sweeping airstrikes on infrastructure targets, including power plants and bridges. S&P 500 futures sank 0.5%, while Dow Jones Industrial Average futures pointed to a decline of 0.4%. Nasdaq futures … Read more

Iran war will throttle oil flows even if Strait of Hormuz reopens soon, analysis predicts

The Iran war will continue to disrupt global oil supplies even if a ceasefire in the region leads to a swift reopening of the Strait of Hormuz, according to a new analysis.   Henning Gloystein, managing director of energy, industry and resources at geopolitical risk consultancy Eurasia Group, said it would take several months to … Read more