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US consumer sentiment hits record low in early May
U.S. consumer sentiment dropped to a record low of 48.2 in early May, driven by higher gasoline prices and concerns over household finances, according to the University of Michigan survey.
US productivity slows further in first quarter
U.S. worker productivity growth slowed to 0.8% annualized in the first quarter, with expectations of a rebound due to increased artificial intelligence investment.
Wall Street closes slightly down on renewed tensions between US, Iran
U.S. stocks closed slightly lower amid renewed U.S.-Iran tensions and rising crude prices, raising concerns about the impact on corporate earnings and the economy.
Oil falls by over 11% after Iran FM declares Strait of Hormuz open
Oil prices fell as U.S.-Iran talks and a 10-day israel-lebanon ceasefire raise hopes for peace in the middle east, impacting global oil markets.
Wall Street indexes gain as investors hold out hope for US-Iran resolution
Wall Street indexes rose as investors hoped for a US-iran war resolution and monitored the start of the earnings season, with tech stocks leading gains.
Wall St set for higher open as US-Iran ceasefire lifts sentiment
Wall Street futures rose sharply after the U.S. and Iran agreed to a two-week ceasefire, easing crude prices and boosting global market confidence.
Oil edges up in choppy trade; US, Iran receive ceasefire proposal framework
Oil prices inched up as the U.S. and Iran received a ceasefire proposal framework amid ongoing Middle East supply disruptions affecting global markets.
