A month of war and rising gasoline prices has dented consumer confidence in the United States, leading to a steady decline across all age groups, income levels and political party affiliations, according to the latest University of Michigan Consumer Survey. Not only are Americans feeling worse about the current economy, but their expectations for next…
When the US and Israeli attacks on Iran began on February 28, travel stocks lost more than $22.6 billion in combined market value in a single session. Dubai and Doha airports closed for days, more than 4,000 flights were cancelled, and oil rose from about $72 a barrel to well above $100. Since then, the…
The S&P 500 Index ($SPX) (SPY) closed down -0.11% on Friday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.56%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.14%. June E-mini S&P futures (ESM26) fell -0.12% and June E-mini Nasdaq futures (NQM26) rose +0.12%. Stock indexes gave up an early advance on Friday…
Oil has been on a knife edge in 2026, with attacks on Iran’s Kharg Island briefly pushing Brent crude (QAM26) above $110 and a very tenuous ceasefire raising fresh concerns about trafficking through the Strait of Hormuz. That same flashpoint has fueled rumors that a severe reduction in shipments could even push prices toward $200…
By Purvi Agarwal and Avinash P. April 8 (Reuters) – Wall Street’s main indexes rose to near one-month highs on Wednesday after the United States and Iran agreed to a two-week ceasefire, sending crude oil prices lower on expectations that energy supplies through the Strait of Hormuz could resume. The announcement came hours before US…
The US stock market fell on April 7 as Trump’s warning that “an entire civilization will die tonight” ahead of the Strait of Hormuz deadline in Iran injected fresh fears into stocks. WTI crude rose to $115.19, up 13% in a single week, as reports of Israeli attacks on petrochemical infrastructure on Iran’s Kharg Island…
Dow Inc. (NYSE:D.O.W.) is among the Stocks take center stage as Jim Cramer reviews the S&P 500’s top performers and Nasdaq 100’s biggest laggards during the first quarter.. Cramer said the stock could pull back should the war end and the Strait of Hormuz open. He said: Let’s talk about the next group, the companies…
Co-founder of Skybridge Capital and former White House Communications Director Antonio Scaramucci alleged on Friday that the president donald trumpThe US administration orchestrated a massive insider trading scheme linked to geopolitical announcements that generated up to $400 million in illicit profits. In a recent video statement on X, Scaramucci detailed highly suspicious trading activity that…
The conflict in the Middle East has led to an unexpected target: American technology giants. Iran’s Revolutionary Guard Corps (IRGC) said it plans to attack the operations of American technology companies in the Middle East, naming most of the Magnificent Seven companies and other widely recognized companies. These companies should take this threat seriously, as…
May WTI Crude Oil (CLK26) is down -1.62 (-1.60%), and May RBOB Gasoline (RBK26) is down -0.0787 (-2.46%) today. Crude oil and gasoline prices are sharply lower today amid growing optimism that the war in the Middle East is coming to an end. Crude oil prices remained low after EIA weekly crude oil inventories rose…
