Economic Report

U.S. stock markets climbed to fresh record highs as investors poured back into technology shares, fueled by growing excitement surrounding artificial intelligence and improving sentiment over easing geopolitical tensions in the Middle East.The rally pushed major indexes higher, with the tech-heavy market once again leading the charge as investors embraced …

The Middle East stands at a critical crossroads as the United States and Iran engage in a high-stakes game of diplomatic “chicken.” Following weeks of intensified conflict and a crippling naval blockade, reports suggest the two nations are inching toward a potential memorandum of understanding. However, the path to peace …

US employers added 109,000 private-sector jobs in April, exceeding economists’ forecasts of 99,000. This marks a noticeable pickup from the revised 61,000 gain recorded in March, signaling resilient hiring momentum despite ongoing economic uncertainties.The stronger-than-expected report highlights steady demand for workers, with both small and large companies contributing to the …

Key Takeaways Dollar in retreat: The DXY fell 0.7% to 97.79, with the euro climbing 0.7% to $1.1771 and the pound gaining 0.5% to $1.3619. One-page deal in works: The White House is nearing a memorandum of understanding with Iran to end the war, per Axios. 48-hour deadline: Washington expects …

Key Takeaways Closest yet: The White House believes it is approaching a one-page memorandum of understanding (MOU) with Iran — the closest the parties have been since the war began. 48-hour window: The U.S. expects Iranian responses on several key points within the next 48 hours. Witkoff and Kushner lead: …

Key Takeaways Brent and WTI tumble: Brent oil futures plunged 8.1% to $101.02 per barrel, while WTI crashed 9.2% to $92.93. Building selloff: Both contracts had already settled nearly 4% lower in the previous session before Wednesday’s accelerated decline. One-page deal in works: The White House is nearing a memorandum …

Key Takeaways Futures rally: S&P 500 futures rose 0.6%, Nasdaq 100 futures jumped 1.2%, and Dow Jones futures gained 0.6% — building on Tuesday’s record highs. One-page deal looms: The White House believes it is nearing a memorandum of understanding with Iran to end the war, per Axios citing two …

Key Takeaways Bitcoin steadies near peaks: The world’s largest crypto rose 0.5% to $81,368.8 after touching a three-month high of $81,718.9 earlier in the session. Strategy’s stunning U-turn: Michael Saylor said the firm — holder of 818,334 Bitcoin — may begin selling some holdings to fund dividend and debt payments. …

Key Takeaways Broad-based rally: The Stoxx 600 jumped 1.2%, with Germany’s DAX, France’s CAC 40 each adding 1.2%, while the U.K.’s FTSE 100 led with a 1.3% gain. Trump’s diplomatic U-turn: The president halted “Project Freedom” — the operation to reopen Hormuz by force — citing “great progress” toward a …

Key Takeaways Operation halted: Trump announced the U.S. will pause “Project Freedom,” its operation to restore commercial shipping through the Strait of Hormuz. Deal “close”: The president said “great progress” has been made toward a “complete and final agreement” with Iran. Blockade remains: Despite the pause, the U.S. naval blockade …