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...
After showing a lack of direction earlier in the session, stocks showed a substantial move to the upside in afternoon trading on Thursday. The major averages all moved sharply higher, rebounding from yesterday's weakness. The major averages pulled back off their highs going into the end of the day but still posted strong gains.
Reversing yesterday's surge, crude oil prices have plunged on Thursday after U.S. President Donald Trump recalled his earlier orders to attack Iran hard.
Extending the losses from yesterday's session, gold prices have moved lower on Thursday as the U.S. prepares to hit Iran hard, raising concerns of an expansive war in the Middle East for an extended period. Due to escalation concerns, the U.S. Dollar Index advanced close to a two-month high.
After showing a strong move to the upside early in the session, stocks have given back ground over the course of the trading day on Thursday. The major averages have pulled back well off their highs of the session, with the Nasdaq and S&P 500 briefly dipping below the unchanged line. Currently, the major averages are all in positive territory.
After moving sharply lower over the course of the previous session, stocks may move back to the upside in early trading on Thursday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.4 percent. Bargain hunting may contribute to early...
Brent crude futures for August delivery were down 0.8 percent at $92.32 a barrel, reversing gains from earlier in the session after the U.S. military said that it had 'completed' its latest round of airstrikes targeting Iran. WTI crude futures fell half a percent to $89.54. Initial cues from the U.S....
Gold prices rebounded on Thursday after falling to a six-month low earlier amid heightened U.S.-Iran tensions and Fed rate hike concerns. Spot gold was up 0.6 percent at $4,095.45 an ounce after reaching a six-month low at $4,024 an ounce earlier. However, U.S. gold futures were down half a percent...
Oil prices traded lower on Thursday, giving up earlier gains on hopes that U.S.-Iran peace negotiations could resume. Brent crude futures for August delivery were down 0.8 percent at $92.32 a barrel, reversing gains from earlier in the session after the U.S. military said that it had 'completed' its...
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.