Wall Street Surges to Record Highs Amid Strong Earnings and Economic Stability 
Asian Stock Markets Rise Amid Wall Street Rally and U.S.-Iran Tensions 
Dollar Holds Near Two-Week High as Fed Hawkish Shift Lifts Yields, Yen Near Intervention Zone 
Oil Prices Rise Amid Iran Conflict and Strait of Hormuz Disruption 
US Stock Futures Rise as S&P 500 and Nasdaq Hit Record Highs Amid Earnings Optimism and Iran Tensions 
Gold Prices Hold Steady as Iran War and Interest Rate Outlook Weigh on Markets 
Markets Stay Strong Despite Oil Shock Concerns as Earnings Drive Investor Confidence 
Yen Weakens After Intervention Spike as Dollar Stabilizes Amid Global Tensions 
US Stock Futures Mixed as Fed Holds Rates, Oil Prices Surge, and Big Tech Earnings Drive Market Moves 
EU Warns of Response as U.S. Considers 25% Tariffs on Car Imports 
US Dollar Weakens as Yen Surges Amid Japan Intervention and Central Bank Moves 
Gold Prices Slip Amid Iran Tensions and Rising Rate Concerns 
Fed’s Goolsbee Warns Inflation Remains Elevated, Signals Caution on Rate Cuts 
China Manufacturing PMI Beats Forecasts in April Amid Weak Domestic Demand 
Tokyo Inflation Slows Despite Energy Pressures and BOJ Policy Outlook 
An analyst described the license accorded by the US government to Qualcomm to sell 4G mobile phone chips to China’s Huawei Technologies Co Ltd. as having “limited impact” with consumers are shifting to newer 5G devices.
Stacy Rasgon, a Bernstein analyst who made the comment, said it remains to be seen whether US officials will grant Qualcomm licenses for 5G smartphone chips.
The license to sell several products, including 4G mobile phone chips, was an exemption to US trade restrictions against Huawei.
A Qualcomm spokeswoman declined to reveal 4G products the company can sell to Huawei but said these were for mobile devices.
The company has other license applications pending with the US government.
Qualcomm was among American semiconductor firms forced to stop selling to Huawei in September due to US trade restrictions.
Other US companies stopped from selling to Huawei, such as Micron Technology Inc., have also applied for licenses.
Intel Corp has been granted a license to sell to Huawei.
Industry analysts expect Huawei’s stockpile of chips acquired before the ban to run out early next year, paralyzing its smartphone business.
