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Dow Hits Record High as Healthcare and Consumer Stocks Lead Wall Street Rally 
U.S. Sanctions Iran’s Strait of Hormuz Authority as Global Oil Markets Face Turmoil 
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ECB’s Philip Lane Warns Middle East Conflict Could Keep Inflation Elevated 
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UK Grocery Inflation Slows to 3.1% as Supermarket Price Pressures Ease in May 2026 
US Dollar Slips as Markets Weigh Potential US-Iran Peace Deal and Oil Price Outlook 
US Launches New Trade Investigation Into Vietnam Over Intellectual Property Concerns 
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S&P 500 Hits Record High as Tech Rally Slows Amid Iran Peace Uncertainty 
Canada and Germany Advance Major LNG Supply Partnership 
European EV Sales Surge in April 2026 as Tesla and Chinese Automakers Gain Ground 
Gold Prices Slip as Stronger Dollar and Iran Peace Talk Uncertainty Weigh on Market 
U.S. stock futures edged higher বৃহস্পতিবার evening following record-breaking performances from the S&P 500 and Nasdaq Composite, as investors weighed strong corporate earnings against ongoing geopolitical uncertainty linked to the Iran conflict. S&P 500 futures climbed 0.2% to 7,258.0 points, while Nasdaq 100 futures gained 0.1% to reach 27,626.75. Dow Jones futures also rose 0.2% to 49,917.0, reflecting continued market resilience.
Wall Street closed Thursday on a strong note, with the S&P 500 advancing 1% to surpass the 7,200 level for the first time. The Nasdaq Composite added approximately 0.9%, also achieving a new all-time high. The Dow Jones Industrial Average outperformed, jumping 1.6% as investor confidence strengthened.
The rally was largely driven by upbeat corporate earnings, which reinforced optimism about business performance and economic stability. Positive results from major companies helped ease concerns over inflation and geopolitical risks. In after-hours trading, Apple shares surged 4% after reporting strong quarterly earnings, highlighting robust iPhone demand and continued growth in its high-margin services segment. The tech giant posted record revenue and earnings per share, with iPhone sales increasing more than 20% for the second consecutive quarter.
Reddit also saw significant gains, with its stock jumping nearly 13% after delivering better-than-expected first-quarter results, including higher daily active user numbers. Investors are now closely watching upcoming earnings reports from major firms such as Chevron, Exxon Mobil, and AutoNation, which are scheduled before Friday’s market open.
Despite the positive momentum, market sentiment remains cautious due to escalating geopolitical tensions. Reports indicate that the U.S. is considering additional military actions against Iran, raising fears of further conflict. Iran has warned of severe retaliation if attacked, adding uncertainty to global markets.
Oil prices remain volatile, with Brent crude previously surging above $126 per barrel before pulling back to around $114. The ongoing disruption in the Strait of Hormuz continues to impact global oil supply expectations, keeping investors alert to potential market shifts.
