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Markets cheer signs of a possible U.S.-Iran deal
Brent crude fell 0.5% to $100.71 a barrel as hopes grew that Iran may accept a U.S. proposal to resume Persian Gulf shipments.
- On Thursday, Wall Street indexes slipped from record highs as Brent crude fell 0.5 per cent, reflecting market optimism that a deal could soon allow tanker deliveries from the Persian Gulf.
- Corporate earnings reports supported Stock prices, with Datadog leaping 28.2 per cent after topping profit expectations, while Albemarle rose 5.7 per cent and Axon Enterprise rallied 10.7 per cent.
- Conversely, Whirlpool tumbled 13.2 per cent amid weakening consumer confidence, and Shake Shack fell below expectations as CEO Chris Kempczinski warned that high gasoline prices could dent McDonald spring sales.
- In the bond market, Treasury yields held relatively steady for the 10-year note, while Several economic reports proved mixed; One indicated increased unemployment claims last week, though productivity improved by only half expectations.
- Japan's Nikkei soared nearly 71 per cent in the last 12 months to reach record highs, though Takashi Hiroki, chief strategist at MONEX, warned that concentrated buying in semiconductor stocks may represent a bubble.
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25 Articles
25 Articles
The discussion of a possible agreement with Iran immediately relaxed the prices of the crude and supported the American shares. ...
·Brussels, Belgium
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There was reason to cheer on the Damrak on Wednesday. The Amsterdam stock exchange gained momentum and surpassed its record set in late February at the close. The celebration on many stock markets stands in stark contrast to earlier concerns at the IMF, among others, that the global economy is heading for a recession due to soaring energy prices. However, investors are already seeing the glass as half full again, fueled by renewed AI optimism an…
·Amsterdam, Netherlands (Kingdom of the)
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Total News Sources25
Leaning Left2Leaning Right9Center3Last UpdatedBias Distribution64% Right
Bias Distribution
- 64% of the sources lean Right
64% Right
14%
C 22%
R 64%
Factuality
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