After coming under pressure late in the previous session, stocks showed a significant move back to the upside in early trading on Thursday and continued to turn in a strong performance throughout the day. The rebound on Wall Street partly reflected a positive reaction to news the U.S. and Iran have officially signed a preliminary agreement to end the Middle East war.
Reversing the gains from yesterday's session, crude oil prices have edged lower on Thursday following the reopening of the Strait of Hormuz and the resumption of the free flow of oil from the gulf. Concerns related to early restoration of output in Arab nations restricted the downside movement.
Reversing yesterday's gains, gold prices have plunged on Thursday as indications from the U.S. Federal Reserve of higher interest rates for a few more months diminished the appeal of the precious metal. However, the reopening of the Strait of Hormuz following the U.S.-Iran deal signing and the eventual slump in crude oil prices limited the decline.
Stocks have moved sharply higher during trading on Thursday, largely offsetting the weakness seen late in the previous session. The major averages have all moved back to the upside, with the tech-heavy Nasdaq leading the rebound. Currently, the major averages are off their highs of the session but still firmly positive.
Stocks are likely to move to the upside in early trading on Thursday, regaining ground following the sell-off seen late in 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. Early buying interest may be...
Gold prices were a tad higher on Thursday as easing geopolitical tensions offset pressure from a stronger dollar and higher Treasury yields. Spot gold edged up 0.3 percent to $4,268.61 an ounce, after having fallen 1.7 percent on Wednesday on the back of hawkish Fed policy and upbeat retail sales...
Oil prices were sharply lower on Thursday amid easing geopolitical tensions after U.S. President Donald Trump and his Iranian counterpart remotely signed a preliminary agreement to end the 110-day conflict. Brent crude futures fell 2.4 percent to $77.61 a barrel, extending declines toward the lowest...
Stocks saw significant volatility immediately following the Federal Reserve's monetary policy announcement on Wednesday but came under considerable selling pressure in the latter part of the trading session. The major averages all showed significant moves to the downside, closing firmly in negative territory.
Pausing four consecutive sessions of losses, crude oil prices have moved higher on Wednesday as energy experts are skeptical of an early restoration of normal oil trade in the gulf region despite the likely success of the upcoming U.S.-Iran deal.
Gold prices have edged higher on Wednesday as the upcoming U.S.-Iran deal signing on Friday continued to revive market spirits, while the focus of investors also turned to the interest rate announcement by the U.S. Federal Reserve. However, today's strength in U.S. dollar capped the gains.
Stocks have shown a lack of direction over the course of the trading day on Wednesday, with the major averages bouncing back and forth across the unchanged line following the mixed performance seen in the previous session. Currently, the major averages are narrowly mixed.
Following the mixed performance seen in the previous session, stocks may show a lack of direction in early trading on Wednesday. The major index futures are currently pointing to a roughly flat open for the markets, with the S&P 500 futures up by just 0.1 percent. Traders may be reluctant to make...
Subdued futures point to a flat to slightly negative start on Wall Street Wednesday morning. The focus will be on the Federal Reserve's monetary policy announcement due later in the day.
Gold prices were little changed on Wednesday after four straight days of gains and ahead of the Federal Reserve's rate decision later in the day. Spot gold was little changed at $4,330.65 an ounce while U.S. gold futures were down 0.1 percent at $4,349.20. The U.S. central bank is widely expected...
Oil prices edged up slightly on Wednesday, after having fallen sharply in the previous session on expectations of increased supply. Brent crude futures for August delivery were up 0.2 percent at $79.10 a barrel after tumbling 5 percent on Tuesday amid investor optimism for an end to the U.S.-Iran...
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.