Global stocks surge and oil slides on Iran peace deal report
Stocks climbed as investors priced in de-escalation, with Brent crude falling 11% and the Nasdaq 100 futures rising 1.7%, traders said.
- On Wednesday, global stock indices reached record highs as Brent crude plunged 11% to below $98 a barrel, driven by optimism over a potential peace deal between the United States and Iran.
- President Donald Trump paused efforts to guide ships through the Strait of Hormuz, citing "Great Progress has been made toward a Complete and Final Agreement" with Iran following mediation by Pakistan.
- Samsung Electronics' stock jumped 14% to exceed a $1 trillion market value, while rival SK Hynix soared nearly 11% as explosive demand for AI chips bolstered South Korean growth.
- Joachim Klement, head of strategy at Panmure Liberum, warned that sustaining this rally requires a permanent Middle East ceasefire to alleviate global supply constraints and restore trade flow.
- Despite strong U.S. earnings, "Sentiment remains vulnerable," says City Index senior market analyst Fiona Cincotta, who noted ongoing disruptions to international shipping routes.
147 Articles
147 Articles
The possibility that the U.S. and Iran will succeed in reaching an agreement to stop the war that has developed in the Middle East since the end of February and to date, served as the main catalyst for equity markets in the world, which concluded the previous session with solid profits.The above, after it was reported that Iran established an updated procedure for ships wishing to transit through the Strait of Ormuz, as according to the Islamic …
Trump again threatens Iran with one hand and promotes an agreement with all his might with the other • In optimistic markets, and after the gains on Wall Street last night, Asian stock markets closed in the green • The Tokyo Stock Exchange jumped by over 5.5% to a new all-time high • Also: New report reveals - what caused the halt of the "Freedom Project" in the Strait of Hormuz
The Toronto Star
Canadian and U.S. stock markets rally on hopes of deal to end war in the Middle East
Canadian and U.S. stock markets rallied on Wednesday as oil prices sank amid hopes that the United States and Iran are nearing a deal that would allow ships to deliver
Euphoria on the lists: S&P500 and Nasdaq at the peaks. Down Brent, Wti and gas. It is the fifth time since the beginning of the war that the Bags rely on the end of hostilities.
Stocks climb on US-Iran deal hopes
Stocks climbed globally and oil prices fell Wednesday on optimism that the US and Iran were nearing an end to their stalemate in the Strait of Hormuz. Tehran said it was reviewing a proposal from Washington to end the war; the US reportedly presented a memo that would gradually open the strait and lift the dual blockade. US President Donald Trump has voiced optimism on the prospect for a deal, boosting markets. “We remain on the path towards de-…
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