US EditionUS Stocks Mixed as Iran-War Uncertainty Lifts Oil Prices
Oil prices rose more than 2.5% as tanker traffic through the Strait of Hormuz stayed constrained, adding pressure to markets.
- Shares gained across Asia on Friday, though many markets were closed for May Day holidays, while Brent crude held steady at $111.66 per barrel following volatile swings driven by the Iran conflict.
- War-Related disruptions in the Strait of Hormuz have kept oil tankers pent up, while prospects for a three-week ceasefire in the Iran war remained clouded as prices surged Thursday on long-term supply concerns.
- U.S. markets motored to record highs Thursday, with Alphabet rallying 10% after reporting profit that almost doubled expectations, while Caterpillar soared 9.9% on strong earnings that topped analysts' forecasts.
- Conversely, Meta Platforms tumbled 8.7% and Microsoft fell 3.9% despite strong earnings, as investors focused on increased forecasts for data center and artificial intelligence capital spending rather than quarterly profits.
- Doubts persist among some investors about whether massive artificial intelligence spending will produce sufficient productivity and profit to justify the outlays, amid broader economic uncertainty heading into coming quarters.
76 Articles
76 Articles
Associated Press News
Asian shares gain with most markets closed for May Day, while oil holds steady at $111 a barrel
Shares are higher in Asia, though most markets in the region are closed for May Day holidays. Brent crude's price held steady at about $111 per barrel.
Stocks Inch Up to Records as Oil Prices Rise
The US stock market's record-breaking rally slowed down on Monday after uncertainty rose over the weekend about what will happen next in the Iran war, while oil prices rose. The S&P 500 inched up 8.83 points, or 0.1%, to 7,173.91, its latest all-time high. The Dow...
US stocks inch to more records as oil prices rise ahead of a blockbuster week for Wall Street
The U.S. stock market’s record-breaking rally slowed after uncertainty rose about what will happen next in the Iran war. The S&P 500 inched 0.1% higher Monday to its latest all-time high, a downshift following weeks of big gains. The Dow…
U.S. stocks inch to more records as oil prices rise ahead of a blockbuster week for Wall Street
NEW YORK — The U.S. stock market’s record-breaking rally slowed on Monday after uncertainty rose over the weekend about what will happen next in the Iran war, while oil prices rose.
GazetteXtra
My Mother LodeHow major US stock indexes fared Monday 4/27/2026
The U.S. stock market’s record-breaking rally slowed after uncertainty rose over the weekend about what will happen next in the Iran war. The S&P 500 edged up 0.1% Monday, beating its all-time high set on Friday. The Dow Jones Industrial…
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