Rebounding from the losses made in the previous session, crude oil prices have soared on Monday after the proposed U.S.-Iran negotiations were called off by the U.S. while supply disruption concerns continue.
Gold prices have tumbled on Monday as the U.S. and Iran vacillate from their respective stances on peace talks while the Strait of Hormuz remains effectively shut, thereby amplifying supply disruption and inflation-related concerns.
Stocks have shown a lack of direction over the course of the trading session on Monday, with the major averages bouncing back and forth across the unchanged line. Currently, the major averages are posting modest losses. The Dow is down 91.50 points or 0.2 percent at 49,139.21, the Nasdaq is down 49.96...
Following the strength seen during last Friday's session, stocks may show a lack of direction in early trading on Monday. The major index futures are currently pointing to a roughly flat open for the markets, with the S&P 500 futures down by less than a tenth of a percent. Traders may be reluctant...
The U.S. Dollar value inched lower on Friday as optimism on a resolution to the U.S.-Iran crisis increased after Iran readies for next round of peace talks with the U.S.
Canadian stocks changed a little on Friday as investors the prospects of an end to the gulf crisis amid reports indicating that Iran relaxed its hard stance supported the index. However, supply disruption concerns due to the closure of Hormuz strait restricted the gains.
After moving mostly lower over the course of the previous session, stocks moved back to the upside during trading on Friday. The Nasdaq and S&P 500 more than offset yesterday's losses, reaching new record closing highs.
After four consecutive sessions of gains, crude oil slumped on Friday as the prospects of a peace deal between U.S. and Iran gather steam, lowering Middle East tensions.
Regaining ground following yesterday's losses, gold prices have edged higher on Friday as expectations of an agreement between the U.S. and Iran rose amid reports of an upcoming meeting between the two nations.
Asian stock markets are trading mostly lower on Friday, following the broadly negative cues from Wall Street overnight, as hopes for a speedy resolution to the Middle East war faded after Tehran vowed to keep the Strait of Hormuz closed until the port blockades by the US remain, raising concerns of surging crude oil prices and long-term inflation. Asian markets ended mostly lower on Thursday.
The U.S. Dollar value inched higher as supply-disruption concerns on crude oil due to the continued blockade of Strait of Hormuz, pushed inflationary pressures higher despite U.S. extending the ceasefire on Iranian attacks.
Canadian stocks ended nearly flat on Thursday as Iran's reluctance to engage with the U.S. for negotiations has resulted in twin blockades across the Strait of Hormuz, raising concerns of a protracted war and long-term inflation, prompting traders to avoid risky assets.
Following the rally seen during Wednesday's session, stocks moved mostly lower over the course of the trading day on Thursday. The major averages all moved to the downside, with the Nasdaq and the S&P 500 pulling back off record closing highs. The major averages regained ground after an early afternoon nosedive but remained firmly negative.
Crude oil has surged on Thursday as traffic via the Strait of Hormuz remains closed, keeping oil supply concerns elevated while investors await Iran's next move on the extension of the ceasefire by the U.S. in the gulf war and calls for peace talks.
After moving to the downside early in the session, stocks have regained ground over the course of the trading day on Thursday. The major averages have climbed well off their lows of the session and are now lingering near the unchanged line. Currently, the major averages are narrowly mixed.
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.