Reversing yesterday's plunge, crude oil prices surged on Wednesday amid concerns about the gulf conflict intensifying further after the U.S. and Iran recommenced attacks. The Strait of Hormuz continues to remain closed, keeping supply disruption concerns alive.
Extending losses from yesterday, gold prices have plunged on Wednesday after a fresh skirmish broke out in the gulf between the U.S. and Iran, diminishing expectations of an early reopening of the Strait of Hormuz and a quicker end to the Middle East war.
After showing a lack of direction early in the session, stocks have moved mostly lower over the course of the trading day on Wednesday. The major averages have all moved to the downside, with the Nasdaq and the S&P 500 adding to the losses posted in the previous session. Currently, the major averages are off their worst levels of the day but still firmly negative.
After ending yesterday's volatile session mostly lower, stocks may see further downside in early trading on Wednesday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.5 percent. Concerns about a re-escalation of the conflict in the...
The U.S. Futures is trending lower on Wednesday after Iran launched retaliatory strikes on the U.S. bases in Kuwait, Behran and Jordan. This is in response to the US claim that it had carried out a series of strikes on Tehran's military sites for downing a helicopter. Asian shares finished mostly...
Gold prices plummeted below $4,200 an ounce on Wednesday as investors weighed rising U.S.-Iran tensions and awaited key U.S. inflation reading for fresh insights into market expectations for future interest rates in the face of rising energy-driven inflation risks. Spot gold tumbled nearly 2 percent...
Oil prices reversed earlier gains to trade lower on Wednesday amid concerns about the outlook for global growth and energy demand. As inflation concerns mount, traders await a key U.S. inflation reading that could reinforce the case for a Federal Reserve interest rate hike later this year. The...
Following the sell-off seen last Friday and the subsequent rebound on Monday, stocks went on another roller coaster ride over the course of the trading session on Tuesday. The major averages moved to the upside early in the session before pulling sharply only to regain ground in afternoon trading.
Reversing the gains from yesterday's session, crude oil prices have plunged on Tuesday after Israel and Iran halted their exchange of attacks. In addition, U.S. President Donald Trump's reassurance on a U.S.-Iran deal in a couple of days and on the quick reopening of the Strait of Hormuz, reduced ongoing supply disruption concerns.
Gold prices have tumbled on Tuesday despite a fall in crude oil prices due to easing of Middle East tensions as economists expect the U.S. Federal Reserve to keep rates higher in the near-term.
After moving to the upside early in the session, stocks have come under considerable pressure over the course of the trading day on Tuesday. The major averages have pulled back well off their highs of the session and firmly into negative territory.
After ending the previous session off their best levels of the day but still mostly higher, stocks may see further upside in early trading on Tuesday. 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...
President Donald Trump has reiterated that the US could be sealing a deal with Iran in a few days time. The dollar weakened slightly and oil prices were sharply lower after Israel and Iran halted attacks. Brent crude futures reached $92.33 a barrel, after having hit as high as $98 a barrel. Spot...
Gold prices held steady on Tuesday as a halt in hostilities between Israel and Iran boosted hopes that peace negotiations could move forward. Spot gold was little changed at $4,329.44 an ounce after touching a two-month trough at $4,268.39 on Monday. U.S. gold futures were down 0.3 percent at $4,352.51...
Oil prices were sharply lower on Tuesday as a halt in hostilities between Israel and Iran boosted hopes that peace negotiations could move forward. Brent crude futures fell more than 2 percent to $92.33 a barrel, after having hit as high as $98 a barrel in the overnight U.S. trading session. WTI...
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.