Major stock indices on Wall Street climbed on Wednesday on hopes of a potential US-Iran peace deal and enthusiasm around artificial intelligence.
Global Markets
Crude Oil Prices Fall After 6% Rally Amid US-Iran War: What’s Next for Oil Market?
MCX crude oil prices were trading 0.69% lower at ₹9,985 per barrel. Here’s what’s weighing on crude oil prices, along with its near-term outlook.
Iran Ceasefire at Risk: Strait of Hormuz Closure Raises Fresh War Fears
Iran Ceasefire at Risk: The Iran ceasefire is under threat after fresh attacks in Lebanon. Iran shuts the Strait of Hormuz again, raising global tension and market uncertainty.
Trump Raises Tariff Rate to 15% Just One Day After 10% Announcement | Global Trade Impact
President Donald Trump said he will increase the global 10% tariff he announced one day earlier to 15%, stirring up more economic turbulence as he lashed out at the US Supreme Court over its ruling that his preferred mechanism for applying tariffs was illegal.
Gold Price Holds Near $5,000 as Lunar New Year Holiday Slows Global Trading Activity
Gold prices are staying close to the important $5,000 level as global trading activity slows down during the Lunar New Year holiday period. Lower participation from major Asian markets has reduced volatility, keeping prices in a narrow range.