Stocks drift on Wall Street and crude oil prices drop as Mideast tensions cool

Stocks on Wall Street drifted to a mixed close Monday as oil prices fell after the U.S. and Iran paused their attacks while work resumed on restarting negotiations to end the war. The S&P 500 rose less than 0.1% after spending much of the day bouncing between small gains and losses. The benchmark index was … Read more

Stocks slump, oil surges after Trump says Iran ceasefire is over

Stocks tumbled in early trading on Wednesday after President Trump said the ceasefire with Iran is “over” and that it is “a waste of time dealing with them.”  Oil prices jumped 6% on concerns that a re-escalation of hostilities would jeopardize the flow of oil through the Strait of Hormuz. Mr. Trump’s remarks come after … Read more

Stocks set to slump while oil surges after Trump says Iran ceasefire is over

Stocks are poised to tumble when U.S. financial markets open on Wednesday after President Trump said the ceasefire with Iran is “over” and declared it “a waste of time dealing with them.”  Oil prices jumped 6% on concerns that a re-escalation of hostilities would jeopardize the flow of oil through the Strait of Hormuz. Mr. … Read more

Oil surges 6%, stocks tumble after Trump says Iran ceasefire is ‘over’

The price of oil surged more than 6% on Wednesday after President Donald Trump said that the ceasefire deal with Iran was “over” after the two countries trades strikes following attacks on three oil tankers near the Strait of Hormuz. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. … Read more

Asian stocks mostly decline on a sell-off of chip shares

HONG KONG — Asian shares mostly declined Thursday on heavy selling of computer chip stocks, while U.S. futures were little changed after modest losses on Wall Street. Oil prices fell after negotiators from the U.S. and Iran met separately with mediators from Qatar and Pakistan on Wednesday, as traders eyed developments in achieving a permanent … Read more

Global tech sell-off intensifies, led by AI and chip stocks

Markets tumbled around the world on Tuesday, as renewed doubts about sky-high valuations appeared to take hold of investors in some of the largest AI, chip and memory stocks. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The deepening sell-off in technology stocks was led by artificial intelligence … Read more