US EditionUS Stocks Swing From Losses to a Tiny Gain as Uncertainty Builds Ahead of Trump’s Deadline for Iran
- On Tuesday, U.S. stocks swung sharply as President Donald Trump's 8 p.m. Eastern deadline for Iran to open the Strait of Hormuz approached, with Trump threatening to destroy Iranian power plants and bridges if the deadline passes unmet.
- Global oil prices spiked because the war has snarled production and transportation in the Persian Gulf, with benchmark U.S. crude climbing to $113.82 and gasoline prices leaping to $4.14 according to AAA.
- Stocks of health insurers helped limit losses after the Centers for Medicare & Medicaid Services announced Medicare Advantage payments will see a net average increase of 2.48% in 2027, with UnitedHealth Group jumping 9.4%.
- Universal Music Group shares jumped 11.4% in Amsterdam after Bill Ackman's Pershing Square Capital Management offered to buy the label for approximately $64 billion to clear uncertainty weighing on the stock.
- Markets remain on edge as Iran rejected the latest ceasefire proposal on Monday, demanding a permanent end to the war, while investors expect volatility to continue until there is a clear outcome regarding the deadline.
40 Articles
40 Articles
Stocks Swing Sharply Amid War Uncertainty
US stocks swung sharply on Tuesday as uncertainty about what will happen in the war with Iran increased. The S&P 500 fell as much as 1.2% Tuesday, hours ahead ahead of a deadline by President Trump to destroy Iranian power plants and bridges. Stocks rallied back in late trading...
The Cumberland Times-News
The BladeU.S. stocks swing from losses to a tiny gain as uncertainty builds ahead of Trump's deadline for Iran
U.S. stocks swung sharply as uncertainty about what will happen in the war with Iran increased. The S&P 500 fell as much as 1.2% Tuesday, hours ahead of a deadline set by President Donald Trump to destroy Iranian power plants…
Ottumwa Courier
US stocks sink in shaky trading ahead of Trump's deadline for Iran
U.S. stocks are falling as the countdown ticks toward the latest deadline set by President Donald Trump to destroy Iranian power plants and bridges. The S&P 500 fell 0.8% Tuesday ahead of Trump's 8 p.m. Eastern time deadline for Iran…
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