After ending last Friday with two consecutive sessions of losses, on Monday crude oil prices have gone for a tailspin after the U.S. and Iran announced reaching an agreement to discuss ways to end their mutual conflict. The framework allows immediate resumption of free flow of oil and energy trade via the Strait of Hormuz.
Extending Friday's surge, gold prices have soared on Monday following a slump in crude oil prices after the U.S. and Iran announced a deal to end the gulf war and reopen the Strait of Hormuz. The official signing is set to take place on Friday in Switzerland.
Stocks have moved sharply higher during trading on Monday, extending the strong upward move seen over the two previous sessions. The major averages have all shown significant moves to the upside, with the Nasdaq and S&P 500 climbing further off last Wednesday's one-month lows. Currently, the major averages are just off their highs of the session.
Stocks are likely to move to the upside in early trading on Monday, extending the strong upward move seen over the two previous sessions. The major index futures are currently pointing to a sharply higher open for the markets, with the S&P 500 futures up by 1.2 percent. The upward momentum on Wall...
Early signs from the U.S. Futures Index suggest that Wall Street might surge on Monday as there Iran and US are closer to a deal to end war. However, there are no official confirmation on the terms. Donald Trump said that the Strait of Hormuz will be reopened and the US naval blockade of Iran will...
Gold prices rose sharply to hover near a one-week high on Monday after U.S. President Donald Trump announced a tentative peace deal with Iran, helping ease investor concerns about inflationary pressures and lessening the need for interest-rate hikes. Signing ceremony is set for Friday in Switzerland...
Oil prices plunged more than 5 percent to reach three-month lows on Monday after the United States and Iran reached an initial agreement to end their war, lift the U.S. naval blockade on Iranian ports, and reopen the Strait of Hormuz that affects roughly one-fifth of global oil shipment. Signing ceremony...
Following the rally seen over the course of the previous session, stocks saw further upside during trading on Friday. The major averages fluctuated early in the session but spent most of the day in positive territory.
Crude oil prices have plummeted, extending yesterday's sharp losses after U.S. President Donald Trump claimed that an U.S.-Iran interim peace agreement will be signed over this weekend and affirmed soon after that the Strait of Hormuz will reopen. The message resulted in waning of supply disruption concerns.
Gold prices have soared on Friday, partially offsetting losses from the three previous sessions, as expectations on signing of a U.S.-Iran peace agreement increases following U.S. President Donald Trump's claims.
Stocks have shown a lack of direction over the course of the trading day on Friday, with the major averages bouncing back and forth across the unchanged line after ending the previous session sharply higher. Currently, the major averages are turning in a mixed performance on the day.
Following the rally seen over the course of the previous session, stocks are likely to see further upside in early trading on Friday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.3 percent. Optimism about an end to the conflict in...
Citing negotiations, President Donald Trump once again called off cancelled strikes on Iran. However, Iran has not responded to it and insisted that no final decision has been made. Early signs from the U.S. Futures Index suggest that Wall Street might open significantly up on Friday. In the Asian...
Gold traded higher on Friday, after having rebounded sharply from a six-month low in the previous session. Spot gold rose 0.3 percent to $4,223.34 an ounce while U.S. gold futures were up more than 3 percent at $4,244.47. The dollar found its footing after falling in the previous session. Treasury...
Oil prices slumped over 4 percent on Friday after U.S. President Donald Trump called off new military strikes on Iran and said a peace deal could be signed in a few days, helping ease fears of escalation. According to Iran's Mehr News Agency, a memorandum on resolving the conflict consists of 14 points...
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.