Dow futures surge 400 points on Iran deal hopes The US military has confirmed attacks on southern Iran, citing self defense. The incident has sparked hopes of a potential deal, with Dow futures surging 400 points. The S&P 500 has also hit new highs, while t
Trump’s softened stance on Iran’s enriched uranium boosts deal prospects, lifting hopes for Strait of Hormuz reopening. Oil prices fell 7% as markets reacted to reports that Trump has softened demands on Iran’s nuclear program, raising hopes for a diplomatic breakthrough.
Investors await quarterly results from AZO, XIACF, and other major firms before Tuesday's market open. AutoZone (AZO), Xiaomi Corporation (XIACF), and several other companies will release earnings before the U.S. market opens Tuesday. The reports include Ituran Location an
Pemex struggles to deliver profits as oil prices exceed $100 Pemex, the Mexican state oil giant, has failed to deliver profits despite the recent surge in oil prices to above $100. The company's struggles come as Moody's affirmed Pemex's ratings, including its 'ca' st
Reports indicate US fighter jets retaliated against IRGC boats following an attack on a vessel near the critical oil chokepoint. Unverified social media reports state that Iran’s Islamic Revolutionary Guard Corps (IRGC) targeted a vessel in the Strait of Hormuz, prompting
Progress in US-Iran talks sparks optimism for reopening the Strait of Hormuz, easing supply concerns despite persistent shortfalls. Oil prices dropped nearly 7% on Monday as diplomatic progress between the US and Iran fueled expectations of reopening the Strait of Hormuz,
Modine Manufacturing expects $1.55 EPS Modine Manufacturing is set to announce its Q4 2026 earnings results after market close on Tuesday, May 26th. The company has a consensus EPS estimate of $1.55 and a consensus revenue estimate of $920.68M. Over the last 2 ye
AUD/USD rises as US and Iran reach ceasefire deal The AUD/USD pair advanced during the North American session, up by 0.70%. The pair trades at 0.7167 after bouncing off daily lows near 0.7150. The Relative Strength Index indicates neutral to bullish momentu
Singapore considers nuclear power as energy crisis deepens The International Atomic Energy Agency will review Singapore's readiness to produce nuclear energy in 2027. This move is driven by the current turmoil in Asian energy markets. The review aims to det
Loud explosions reported in Iran's Bandar Abbas, Sirik and Jask Loud explosions have been reported in Iran, specifically in the areas of Bandar Abbas, Sirik, and Jask. The explosions occur amidst ongoing conflict in the region. Markets are currently focused
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