Major stock indexes fell sharply Friday after a strong jobs report set the stage for the Federal Reserve to hike rates, rattling shares of companies that are involved in sky-high artificial intelligence investments. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The threat of higher interest rates often … Read more
HONG KONG — Stock markets in Japan and South Korea hit fresh record highs Monday on enthusiasm over the artificial intelligence boom and as investors await a decision on the Iran war ceasefire extension. Oil prices gained more than 2% as U.S.-Iran negotiations continued, including on the reopening of the Strait of Hormuz, a key … Read more
The S&P 500 is on a hot streak, notching nine record highs in May alone despite soaring gasoline prices, sliding consumer confidence and the highest inflation in almost three years. The rally in stocks also has more room to run, according to Wall Street analysts. On Wednesday, Goldman Sachs upped its target for the S&P … Read more
Stocks rose on Tuesday despite renewed tensions in the Persian Gulf as investors clung to hopes of a deal between the U.S. and Iran to end the war. The U.S. military overnight struck Iranian missile launch sites and other targets, attacks that Iran’s Foreign Ministry called a “grave violation” of the countries’ ceasefire. President Trump said on … Read more
Despite the ongoing war in Iran and high gas prices, stocks started trading higher on Monday. The S&P 500 and Nasdaq both hit record highs, bolstered by the tech sector. Yahoo Finance senior reporter Brooke DiPalma joins with analysis. Source link
Oil prices climbed more than 5% while world shares were mixed Monday as a standoff between Iran and the U.S. prevented tankers from using the Strait of Hormuz. The Persian Gulf waterway was closed again after Iran reversed a decision to reopen the strait and President Donald Trump said a U.S. Navy blockade of Iranian … Read more
With word of the Strait of Hormuz reopening, the stock market soared on Friday. Oil prices dropped about 10%, and as a result, gas prices ticked downward. Kelly O’Grady breaks it all down. Source link
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
Stocks roared higher at the opening bell Wednesday, after President Donald Trump announced a two-week ceasefire between the U.S. and Iran, bringing the more than month-long war to a pause. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Official statements from Washington and Tehran, however, did not offer … Read more
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