US EditionWorld Shares Are Mostly Higher and Oil Gains $2.50 as Iran Talks Remain in Flux
Oil climbed $1.28 a barrel as stalled Iran talks kept tanker traffic through the Strait of Hormuz uncertain.
- On Monday, shares in Asia were mixed as Tokyo's Nikkei hit a fresh record, while oil prices climbed more than $1 amid uncertainty surrounding talks to end the war with Iran.
- President Donald Trump canceled plans to send envoys to Pakistan, telling Fox News on Sunday, "If they want, we can talk but we're not sending people." Negotiations remain in flux.
- Tensions in the Persian Gulf restrict tanker traffic through the Strait of Hormuz, pushing crude prices higher. United States benchmark crude added $1.28 to $95.65, while Brent crude rose $144 to $100.57.
- Global markets await interest rate decisions this week from the Federal Reserve, European Central Bank, Bank of Japan, and Bank of England, while the Nasdaq composite rallied to a record.
- Although stocks have leaped nearly 13% recently, a survey by the University in Michigan found consumer sentiment soured in April, though it improved slightly after the ceasefire announcement earlier this month.
30 Articles
30 Articles
Idaho State Journal
Asian shares are mixed and oil gains $2 as Iran talks remain in flux
Shares are mixed in Asia and Tokyo has hit a fresh record after U.S. stocks ended last week with new highs. The price of Brent crude jumped $2 as talks on ending the war with Iran hit more snags. This…
Asian shares are mixed and oil gains more than $1 as Iran talks remain in flux - The Morning Sun
Shares were mixed in Asia and Tokyo's Nikkei 225 index hit a fresh record Monday after U.S. stocks ended last week with new highs. The price of oil gained more than $1 as talks on ending the war with Iran hit more snags. The White House canceled plans to send envoys to Pakistan for more negotiations and U.S. President Donald Trump cited a lack of progress. “If they want, we can talk but we’re not sending people,” Trump told Fox News on Sunday. H…
Times of India
The Economic TimesGlobal Market Today: Oil jumps, Asian shares mixed as US-Iran talks stall
Oil prices surged to a three-week high as stalled U.S.-Iran peace talks prolonged Middle East energy export disruptions. U.S. stock futures eased, while the dollar strengthened slightly. Traders anticipate central banks holding rates steady this week due to inflation worries, with major tech earnings also on the horizon.
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