ECB’s Philip Lane Warns Middle East Conflict Could Keep Inflation Elevated 
Gold Prices Hold Near Record Levels as Inflation Concerns Offset Middle East Ceasefire Hopes 
Oil Prices Jump After New U.S. Strikes on Iran Raise Supply Concerns 
US Dollar Slips as Markets Weigh Potential US-Iran Peace Deal and Oil Price Outlook 
Gold Prices Slip as Stronger Dollar and Iran Peace Talk Uncertainty Weigh on Market 
Oil Prices Set for Sharp Weekly Losses as U.S.-Iran Ceasefire Hopes Ease Supply Concerns 
New World Screwworm Found Near U.S. Border Raises Threat to Cattle Industry and Beef Prices 
U.S. Sanctions Iran’s Strait of Hormuz Authority as Global Oil Markets Face Turmoil 
Wall Street Reaches New Record Highs as AI Boom and Iran Ceasefire Hopes Boost Markets 
South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns 
UK Grocery Inflation Slows to 3.1% as Supermarket Price Pressures Ease in May 2026 
U.S. Launches New Strikes on Iran as Trump Signals Peace Deal Uncertainty 
Canada and Germany Advance Major LNG Supply Partnership 
US Launches New Trade Investigation Into Vietnam Over Intellectual Property Concerns 
Asian Currencies Steady as U.S.-Iran Ceasefire Extension Hopes Weigh on Dollar 
Wall Street Hits New Highs as U.S.-Iran Ceasefire Talks Boost Market Sentiment 
Mega IPOs Like SpaceX and OpenAI Could Reshape S&P 500 and Nasdaq 100 Portfolios in 2026 
U.S. stocks closed lower Thursday as investors reacted to President Donald Trump’s surprise announcement of new auto tariffs, which sent shares of major automakers and parts suppliers tumbling. The S&P 500 slipped 0.33% to 5,693.31, while the Nasdaq lost 0.53% and the Dow Jones fell 0.37%.
Trump’s plan includes a 25% tariff on imported cars and light trucks starting April 3, with auto parts tariffs following on May 3. The move triggered a sharp sell-off in automakers, with General Motors (NYSE:GM) plunging over 7% and Ford (NYSE:F) dropping 3.9%. Car parts suppliers Aptiv (NYSE:APTV) and BorgWarner (NYSE:BWA) fell around 5% each.
Tesla (NASDAQ:TSLA) gained 0.4% as its domestic production may shield it from the worst of the tariff impact. Apple (NASDAQ:AAPL) rose 1.05%, helping to offset broader losses.
Uncertainty around Trump’s shifting trade policies continues to weigh on investor sentiment. “People are cautious not just because of the policies but because of the constant flip-flopping,” said portfolio manager Jed Ellerbroek of Argent Capital.
Eight of the 11 S&P 500 sectors closed in the red, led by energy and communication services. Despite a dip in weekly jobless claims and a Q4 GDP revision up to 2.4%, markets remained under pressure.
Dollar Tree (NASDAQ:DLTR) jumped 11% after announcing the sale of its Family Dollar unit for $1 billion, earning bullish analyst upgrades.
Investors are now turning to Friday’s release of the February PCE price index, the Fed’s preferred inflation gauge, for further clues on monetary policy. So far in 2025, the S&P 500 is down 3%, while the Nasdaq has slid nearly 8%, both poised to end Q1 in the red.
