LOGO
LOGO

us market commentary

  • Nasdaq, S&P 500 Seeing Further Upside But Dow Giving Back Ground May 07, 2026 11:00 ET

    After moving higher over the two previous sessions, the major U.S. stock indexes are turning in a mixed performance during trading on Thursday. While the Nasdaq and S&P 500 have reached new record intraday highs, the narrower Dow is giving back ground.

  • Canadian Market Might Start Positive May 07, 2026 09:09 ET

    Hopes of Iran reaching an agreement with the U.S. and reopening the Strait of Hormuz is driving the markets positive. The Energy sell off has eased, Brent Crude futures dropped to below $100 per barrel, reversing earlier gains. S&P/TSX Composite Index has closed at at 33,981.82, up 1.24 percent on...

  • Futures Pointing To Modestly Higher Open On Wall Street May 07, 2026 08:53 ET

    Following the rally seen over the two previous sessions, stocks may show a more modest move to the upside in early trading on Thursday. The major index futures are currently pointing to a slightly higher open for the markets, with the S&P 500 futures up by 0.2 percent. Optimism about a peaceful end...

  • Futures Point To Moderaly Higher Open For Wall Street May 07, 2026 08:12 ET

    Geopolitical conditions might continue to influence investor sentiments on Thursday. In response to the U.S. proposal for ending the Middle East conflict, Iran might be sharing their response today. Early signs from the U.S. Futures Index suggest that Wall Street might open moderately up. In...

  • Gold Prices Rally As Middle East Tensions Ease May 07, 2026 06:06 ET

    Gold prices were sharply higher on Thursday, and the dollar index was subdued amid optimism over a potential U.S.-Iran peace deal and easing concerns about inflationary pressures. Spot gold surged nearly 1 percent to $4,735.74 an ounce while U.S. gold futures for June delivery were up more than 1...

  • Oil Extends Losses Amid Hormuz Opening Speculation May 07, 2026 05:45 ET

    Oil prices extended losses on Thursday, after having fallen nearly 8 percent in the previous session on optimism over a potential U.S.-Iran peace deal. Brent crude futures for July delivery were down 2.4 percent at $98.83 a barrel following positive indications from Iran and the U.S. regarding diplomatic...

  • Optimism About U.S.-Iran Peace Deal Sparks Rally On Wall Street May 06, 2026 16:13 ET

    Stocks moved sharply higher early in the session on Wednesday and saw further upside as the day progressed. The major averages added to the gains posted during Tuesday's session, with the Nasdaq and S&P 500 reaching new record closing highs. The major averages ended the day just off their highs of the session.

  • U.S. Stocks Move Sharply Higher On Optimism About U.S.-Iran Peace Deal May 06, 2026 11:21 ET

    Stocks have moved sharply higher over the course of the trading day on Wednesday, adding to the gains posted in the previous session. With the continued advance, the Nasdaq and the S&P 500 have reached new record intraday highs. Currently, the major averages are just off their highs of the session.

  • U.S. Stocks May See Further Upside On Hopes For U.S.-Iran Peace Deal May 06, 2026 08:45 ET

    Stocks are likely to move to the upside in early trading on Wednesday, extending the advance seen over the course of the previous session. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.8 percent. Optimism about an end to the conflict...

  • Wall Street Set For Strong Open May 06, 2026 08:12 ET

    Investor sentiment is trending positive after U.S. President Donald Trump, in a social media post, said that U.S. is pausing its operations in the Middle East for a short period of time to guide stranded ships through the Strait of Hormuz. However, U.S. will continue with blockade of Iran's ports. Oil...

  • Sharp Pullback By Crude Oil Leads To Strength On Wall Street May 05, 2026 16:18 ET

    After coming under pressure over the course of the previous session, stocks showed a strong move back to the upside during trading on Tuesday. The Nasdaq and the S&P 500 more than offset yesterday's losses, reaching new record closing highs. The major averages pulled back off their best levels going into the end of the day but remained firmly positive.

  • Nasdaq Reaches Record Intraday High As Crude Oil Pulls Back Sharply May 05, 2026 11:24 ET

    Stocks have moved mostly higher over the course of the trading day on Tuesday, more than offsetting the weakness seen in the previous session. With the upward move, the tech-heavy Nasdaq has reached a new record intraday high. Currently, the major averages are hovering near their best levels of the day.

  • U.S. Stocks May Regain Ground Amid Pullback By Crude Oil May 05, 2026 08:56 ET

    Stocks may move to the upside in early trading on Tuesday, regaining ground after coming under pressure over the course of the previous session. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.5 percent. Early buying interest may be...

  • Wall Street Aims To Bounce Back May 05, 2026 08:16 ET

    Initial signs from the U.S. Futures Index suggest that Wall Street might open moderately up on Tuesday. Despite the ceasefire is in effect, UAE has been under fire from Iran. Oil prices are sliding, but remain above $100 a barrel. As of 7.55 am ET, the Dow futures were adding 165.00 points, the...

  • U.S. Stocks Move Mostly Lower As Crude Oil Surges May 04, 2026 16:09 ET

    After showing a lack of direction early in the session, stocks moved mostly lower over the course of the trading day on Monday. The major averages all moved to the downside on the day, with the Dow showing a notable decline. The weakness that emerged on Wall Street came amid a substantial increase by the price of crude oil, with U.S. crude oil futures surging by more than 3 percent.

Global Economics Weekly Update - April 27 – May 01, 2026

May 01, 2026 15:54 ET
Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.

Latest Updates on COVID-19