US EditionWall Street holds near its record high even as oil prices climb
- Wall Street maintained its record high on Thursday as The Dow Jones Industrial Average rose 0.1 per cent and Nasdaq climbed 0.4 per cent, with investors remaining optimistic despite ongoing uncertainty regarding the Iran war.
- Brent crude oil prices rose 5.1 per cent to $US99.74 on Thursday as uncertainty about the Iran war keeps oil supply constrained in the Persian Gulf, driving costs from roughly $US70 since the conflict began.
- Big companies are delivering stronger profits than analysts expected, with PepsiCo rising 2.6 per cent and Taiwan Semiconductor Manufacturing reporting strong revenue, reinforcing growth as the stock market's lifeblood.
- China reported 5 per cent economic growth for the January-March quarter, while markets in Europe and Asia climbed on Thursday, with Japan's Nikkei jumping 2.4 per cent and South Korea's Kospi rallying 2.2 per cent.
- Efforts to extend a ceasefire continued Thursday as the army chief met with Iran's parliament speaker, attempting to prolong the truce that has paused nearly seven weeks of war between Israel, the US, and the Islamic Republic.
23 Articles
23 Articles
Washington Top News
Wall Street holds near its record high even as oil prices climb
NEW YORK (AP) — The U.S. stock market is holding near its record high Thursday as Wall Street waits for more clues about what will happen in the Iran war before making its next big move. The S&P 500 edged down by 0.1%, a day after topping its prior all-time high set in January for its 10th gain in 11 days. The Dow Jones Industrial Average was down 66 points, or 0.1% after the first half-hour of trading, and the Nasdaq composite was 0.3% lower. S…
Ottumwa Courier
Richmond RegisterWall Street holds at its record high even as oil prices climb
The U.S. stock market is holding near its record high. The S&P 500 rose 0.2% Thursday, a day after topping its prior all-time high set in January. The Dow Jones Industrial Average added 110 points, and the Nasdaq composite edged…
Wall Street sets another record after US stocks tick higher - WXXV News 25
By STAN CHOE NEW YORK (AP) — The U.S. stock market ticked to another record high Thursday as Wall Street waits for more clues about what will happen in the Iran war before making its next big move. The S&P 500 rose 0.3%, a day after topping its prior all-time high set in January, for its 11th gain in 12 days. The Dow Jones Industrial Average added 115 points, or 0.2%, and the Nasdaq composite rose 0.4%. U.S. stocks have leaped more than 10% si…
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