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Wall Street Wavers at Record Highs as S&P 500 Breaches 7,000 Amid Geopolitical Optimism and Earnings Beats

Key Takeaways: Record-breaking rally: The S&P 500 closed above 7,000 for the first time in history, while the Nasdaq notched a fresh all-time peak. Geopolitical pivot: Markets are pricing in a resolution to the U.S.-Iran conflict, though analysts warn the upside from peace talks may be capped. Blockade persists: A …

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Aluminum Prices Smash Four-Year Highs as Geopolitical Turmoil Threatens Global Supply Chains

Key Takeaways: Prices hit multi-year peaks: LME aluminum breached $3,636 per metric ton, its highest level since March 2022, while Shanghai futures jumped 2.9%. Massive supply deficit looms: Analysts at JPMorgan Chase forecast a 1.9-million-ton shortfall this year—the largest since 2000—driven heavily by Middle Eastern production losses. Global inventories plunge: …

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Oil Claws Back on China Growth Surprise, Yet Fragile U.S.-Iran Peace Hopes Cap Gains

Key Takeaways: Crude edges higher: Oil prices reversed early losses in Asian trading, with Brent futures ticking up to $95.06 a barrel and WTI steadying at $88.06. China’s economic engine revs: The world’s top crude importer posted a stronger-than-expected 5% GDP growth for the first quarter, bolstering the demand outlook. …

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Asian Equities Rally as Nikkei Shatters Records on Wall Street Momentum and Strong China GDP

Key Takeaways: Nikkei hits historic highs: Japan’s Nikkei 225 surged 2.6% to a record 59,624.0 points, fueled by relentless demand for tech and semiconductor stocks. China’s economy beats expectations: Chinese Q1 GDP grew 5.0% year-over-year, outperforming forecasts, though retail sales highlighted lingering domestic demand weakness. Wall Street handover drives optimism: …

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Trump Escalates Fed Showdown: Threatens to Fire Powell from Board Amid Transition Turmoil

Key Takeaways: Ultimatum for Powell: President Trump threatens to outright fire Jerome Powell from his Federal Reserve Board of Governors seat if he does not voluntarily exit by May 15. Investigations Loom Large: The administration is weaponizing an ongoing criminal probe into a Fed building project, complicating the Senate confirmation …

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