Markets

Wall Street gains offered some relief Tuesday, but ongoing tensions in the Gulf kept supply concerns and volatility elevated.

Market volatility dropped sharply.

Recurring jobless claims also slide to two-year low.

The World Bank says that energy prices are expected to climb by 24 percent in 2026 amid the Iran war.

The closure has impacted around 20 percent of global daily LNG supplies.

Fed Chair Jerome Powell’s second four-year term ends May 15th, and Senate hearings for incoming Fed Chair Kevin Warsh are nearing a positive conclusion.

Sixty percent of small business owners do not have a formal succession plan, while 41 percent would permanently close their doors if they cannot find a buyer.

Crude prices advanced as traders priced in prolonged disruption risk tied to Strait of Hormuz.

This would not be the first time the United States has swapped currencies with other countries.

Limited shipping traffic through the Strait of Hormuz has become a central driver of market anxiety over tightening oil supplies.

Trading was uneven throughout the week, with sentiment swinging between optimism and caution amid geopolitical developments and corporate news.

The White House said the move intends to mitigate short-term disruptions to energy markets amid the Iran war.

Wall Street gains offered some relief Tuesday, but ongoing tensions in the Gulf kept supply concerns and volatility elevated.

Market volatility dropped sharply.

Recurring jobless claims also slide to two-year low.

The World Bank says that energy prices are expected to climb by 24 percent in 2026 amid the Iran war.

The closure has impacted around 20 percent of global daily LNG supplies.

Fed Chair Jerome Powell’s second four-year term ends May 15th, and Senate hearings for incoming Fed Chair Kevin Warsh are nearing a positive conclusion.

Sixty percent of small business owners do not have a formal succession plan, while 41 percent would permanently close their doors if they cannot find a buyer.

Crude prices advanced as traders priced in prolonged disruption risk tied to Strait of Hormuz.

This would not be the first time the United States has swapped currencies with other countries.

Limited shipping traffic through the Strait of Hormuz has become a central driver of market anxiety over tightening oil supplies.

Trading was uneven throughout the week, with sentiment swinging between optimism and caution amid geopolitical developments and corporate news.

The White House said the move intends to mitigate short-term disruptions to energy markets amid the Iran war.