US stocks surged on Friday, with major indexes hitting fresh records as investors cheered Iran’s decision to reopen the Strait of Hormuz and growing optimism around a potential end to the Middle East conflict.The Dow Jones Industrial Average jumped 869 points, or 1.8%, while the S&P 500 gained 1.2% to…
Wall Street edged higher on Thursday after US President Donald Trump announced a 10-day ceasefire between Israel and Lebanon, a development that investors interpreted as a potential step toward easing broader geopolitical tensions involving the United States and Iran.The tentative truce, set to begin at 5 p.m. ET, comes amid…
Concerns that a wider conflict with Iran could push up crude and commodity prices are starting to weigh on exporters at one of China’s biggest trading platforms, with suppliers at the Canton Fair warning of rising input costs and more cautious overseas buyers.The pressure comes at an awkward time for…
The mood in global markets has shifted from alarm to guarded relief.Investors are still watching the Middle East closely, but the tone has changed as ceasefire hopes, diplomatic signals and easing oil prices begin to steady sentiment.At the same time, dealmaking in Europe’s food delivery sector is reshaping competitive lines,…
Xanadu Quantum (NASDAQ: XNDU) is on track to closing up nearly 30% on Apr. 16 after Nvidia announced its new “Ising” artificial intelligence (AI) models.As investors reacted to NVDA’s claim that its new open-source models promise to “revolutionize” error correction, XNDU pushed to a high of as much as $42…
Shares of Netflix fell sharply on Thursday after the company announced that co-founder and chairman Reed Hastings will step down, even as the streaming giant reported better-than-expected first-quarter results.The stock declined around 8% in after-market trading after the announcement, reflecting investor concern over leadership changes at a time when the…
Wall Street extended its rally on Thursday, with the Dow Jones Industrial Average rising alongside fresh record highs in the S&P 500 and Nasdaq Composite, as investors grew increasingly optimistic about a potential easing of geopolitical tensions tied to the Iran conflict.The S&P 500 rose 0.26% to close at 7,041.28,…
The Nikkei 225 Index pulled back by over 0.80% on Friday, April 17, as the recent rally took a breather. It also retreated after the IMF pushed the Bank of Japan (BoJ) to hike interest rates, and as the war risk remained. It dropped to ¥58,930, a few points below…
Asian markets traded mixed on Friday as investors balanced optimism over a tentative ceasefire between Israel and Lebanon and the prospect of renewed US-Iran talks against lingering concern about energy supply and the durability of the recent equity rally.The key change from earlier in the week is that markets are…
Foreign investors are returning to South Korea’s markets after a brutal March sell-off, drawn back by a sharp rebound in equities and growing demand for the country’s bonds ahead of its inclusion in a major global debt index. The shift marks an important test for Seoul’s markets: whether a recovery…