US Stocks Approach Their All-Time High
- On Tuesday, U.S. stocks rose with the S&P 500 climbing 67.01 points to 6,092.18 amid easing oil prices and geopolitical developments.
- This rise followed a sharp fall in oil prices after Iran launched a limited retaliatory strike Monday, which did not target oil production or transport.
- Investors welcomed hopes of a holding ceasefire between Israel and Iran, which alleviated concerns over oil supply disruptions and lifted markets globally.
- The Dow Jones gained 507.24 points to 43,089.02 and crude settled at $64.37 a barrel after a roughly $10 plunge, while Treasury yields showed modest fluctuations.
- Lower oil prices and easing inflation pressure may allow the Federal Reserve to delay tightening, as chair Jerome Powell indicated he awaits tariff effects before moving on rates.
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US stocks hung near their all-time high Wednesday as financial markets caught a breath following two big days bolstered by hopes that the Israel-Iran war will not disrupt the global flow of crude oil. The S&P 500 barely budged—it fell 0.02 points, or less than 0.1%, to...
·Miami, United States
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ASX set to slide, Wall Street treads water; BP-Shell merger rumours
US stocks hung near their all-time high as financial markets caught a breath following two big days bolstered by hopes that the Israel-Iran war will not disrupt the global flow of crude oil.
·Sydney, Australia
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Total News Sources95
Leaning Left27Leaning Right3Center39Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
L 39%
C 57%
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