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INSANE: 8 | Vintage Vibes

Nasdaq Fades Late as Hormuz Tension Flares: Stock Market Today

The situation at the Strait of Hormuz is changing from day to day, even hour to hour and minute to minute.

Kiplinger

Oil prices continue to fall as optimism around Iran deal grows

Financial markets are buoyed by Iran's announcement that it is reviewing the latest U.S. proposals

The Independent UK

Gold And Silver Could Resume Upward Trend If Iran War Ends: Analysts

Gold and silver could resume their rally if the war in Iran ends, according to market analysts.

International Business Times

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Brent Crude Dips Below $100 Amid Optimism About Progress Towards Ending Iran War

Oil continued to drop on Thursday amid optimism about progress towards ending the war in Iran.

International Business Times

Miners lead Aussie shares higher on peace hopes

Hopes of de-escalating tensions between the US and Iran have lifted investor sentiment, boosting mining stocks as energy and utilities tumble.

AAP

Hopes for reopening the Strait of Hormuz push Asian shares higher, as oil prices hold above $100

Asian shares are sharply higher and the price of crude oil was holding above $100 a barrel as investors bet on hopes the U.S. and Iran will strike a deal allowing tankers to deliver crude from the Persian Gulf again

The Independent UK

Nasdaq Jumps to New High on AMD Earnings: Stock Market Today

Advanced Micro Devices was the latest chip stock to hit a home run with earnings.

Kiplinger

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Oil Plunges On Reports That U.S. And Iran Are Making Progress Towards Ending The War

Oil prices are plunging on Wednesday following reports that the U.S. and Iran are making progress towards a memorandum of understanding to end the war.

International Business Times

Oil and gas prices fall sharply, driven by hopes of strait of Hormuz reopening – as it happened

Iran’s Islamic Revolutionary Guard Corps navy has announced the strait of Hormuz could reopen following the end of ‘threats from aggressors’

The Guardian - UK

Oil prices fall as Trump pauses Project Freedom to seek final peace deal with Iran

Wall Street had already set records on Tuesday, with the S&P 500 rising 0.8 per cent to a new all-time high

The Independent UK

Stocks Rise Again As Oil Drops And Companies Keep Posting Strong Results

Stocks rose again on Tuesday as oil prices dropped and companies kept posting strong first quarter results.

International Business Times

Nasdaq, S&P 500 at New Highs on Intel Rally: Stock Market Today

Intel was one of the biggest gainers on Wall Street Tuesday on reports the chipmaker could become the next Apple supplier.

Kiplinger

Aussie shares trim losses but higher rates here to stay

The Australian share market fell to a four-week low ahead of an expected interest rate hike, a clear RBA majority decision pointing to higher rates for longer.

AAP

Dow Drops 557 Points as Iran Tensions Ramp Up: Stock Market Today

Wall Street is worried about re-escalating tensions in the Middle East.

Kiplinger

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International Business Times

OPEC+ Raises Oil Output As Gulf Supply Disruptions Persist Amid Iran War

OPEC+ agreed to a modest increase in oil production for June as the group continues adjusting output during a period of disrupted global supply tied to the ongoing conflict involving Iran and restricted shipping through the Strait of Hormuz.

International Business Times

Oil Rises Amid Conflicting Information About Ships Crossing Through The Strait of Hormuz

Oil prices rose on Monday amid conflicting reports about whether U.S. ships were struck by Iranian forces after the U.S. said it would provide guidance to vessels so they could cross the Strait of Hormuz.

AAP

Shares off to shaky start ahead of interest rates call

Energy, utilities stocks and consumer staples have dipped as investors take profits and mull the latest plan to ease the shipping logjam in the Hormuz Strait.

Kiplinger

S&P 500 Hits New High on Apple Earnings: Stock Market Today

Apple rounded out a big week of mega-cap earnings on a high note, sending two of the three main equity indexes to new highs on Friday.

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International Business Times

Oil Prices Drop After Iran Submits Response To Proposal To End The War

Oil prices are dropping after Iran said it sent its latest response to the proposal to end the war with the U.S. and Israel.

The Independent UK

Asian shares gain with most markets closed for May Day, while oil holds steady at $111 a barrel

Shares are higher in Asia, though most markets in the region are closed for May Day holidays

AAP

Australian shares snap eight-session run of losses

The ASX has ended the week on a positive note, buoyed by strong US earnings despite ongoing uncertainty over the Gulf energy crisis.

The Guardian - UK

Could the UAE’s shock exit from Opec cause an oil price war?

A standoff between Gulf oil giants Saudi Arabia and the UAE could cause greater market volatility for years to come

International Business Times

Oil Surge Tests Market Optimism As Iran Conflict Risks Deepen

Brent's climb to multi-year highs highlights a widening gap between investor expectations and supply realities.

The Independent UK

Inflation hits 3% in Europe as Iran war spreads oil price shock

Soaring oil prices from the Iran war pushed inflation higher to 3% in Europe in April

AAP

Aussie shares slip as brent crude hits new wartime high

The local share market has endured its longest losing streak since 2018 as oil prices hit $US126 a barrel and hopes fade of a quick end to the Middle East war.

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