Asian stocks made cautious gains on Tuesday after a rally in the previous session on news of a U.S.-Iran peace deal, while investors assessed a widely expected Bank of Japan rate increase to a 31-year high.
Tag: Stocks
Wall Street’s main indexes rose on Monday, with the Dow touching an intraday high after the United States and Iran struck a preliminary agreement to end the Middle East war and reopen the Strait of Hormuz, leading to a sharp fall in crude prices.
Share markets surged in Asia on Monday while the dollar slipped and oil prices slid as news the United States had agreed to a peace deal with Iran boosted risk sentiment and promised to ease inflationary pressures globally.
A collective sigh of relief swept across Wall Street after trading for SpaceX’s landmark Nasdaq launch went smoothly, setting a new template for the trading firms and exchanges that are bracing for the giant IPOs of OpenAI and Anthropic later this year.
MSCI’s global equities index rose on Friday with Wall Street ending modestly higher as shares of Elon Musk’s SpaceX soared in their market debut, while oil prices fell more than 3% on fresh hopes for a peace deal between Iran and the U.S.
The benchmark S&P 500 and the blue-chip Dow rose in choppy trading on Friday, aided by expectations for an imminent end to the Middle East conflict, while SpaceX shares surged in their debut, making it Wall Street’s biggest public listing in history.
Wall Street’s major indexes extended declines on Wednesday, as technology stocks remained under pressure and renewed tensions between the United States and Iran overshadowed a tame inflation reading.
Asian stocks fell on Wednesday while oil prices surged as escalating tensions in the Middle East unsettled markets, dimming hopes for an end to the months-long war that has pushed commodities higher and stoked inflation worries.
Wall Street’s major indexes advanced on Tuesday, as technology stocks rose for a second day after last week’s rout, and easing hostilities in the Middle East aided sentiment.
Wall Street’s major indexes advanced on Monday, as chipmakers bounced back from a sharp selloff last week, while investors took comfort from signs of cooling tensions in the Middle East.