Commodities Corner: Iran nuclear deal deadline on May 12-March 2024-www.financetom.com

Market

Commodities Corner: Iran nuclear deal deadline on May 12

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Commodities Corner: Iran nuclear deal deadline on May 12

May 7, 2018 12:10 AM

New week has started with concerns on what could happen with the Iran nuclear deal. As of now there has been contradicting statements coming in from US and that has been supportive.

Crude is holding on to the gains seen on Friday. The pressure continues from the fact that the US rig count has increased by 9 drilling rigs yet again.

Previous page： What's Going On With Rivian Stock? Next page： US STOCKS-S&P 500, Nasdaq post closing record highs after CPI, Fed

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

What's Going On With Rivian Stock?

Jun 12, 2024

Rivian Automotive, Inc. ( RIVN ) shares are moving Wednesday. Rivian shares climbed in early trading following cooler-than-expected inflation data, but gave up most of the gains moving lower into the close. The Details CPI data released Wednesday morning showed that inflation slowed to 3.3% annually in May, below the expected rate of 3.4%. Cooling inflation data is bolstering hopes...

US STOCKS-S&P 500, Nasdaq post closing record highs after CPI, Fed

Jun 12, 2024

* May CPI data unexpectedly flat * Oracle rallies on double-digit FY25 revenue growth forecast * Fed leaves rates unchanged * Indexes: Dow down 0.1%, S&P 500 up 0.9%, Nasdaq up 1.5% (Updates to 4:10 p.m. ET) By Caroline Valetkevitch NEW YORK, June 12 (Reuters) - The S&P 500 and Nasdaq posted record closing highs for a third straight day...

S&P 500, Nasdaq Close at Record Highs for Third Day After CPI Report, Fed Decision

Jun 12, 2024

04:36 PM EDT, 06/12/2024 (MT Newswires) -- The S&P 500 and the Nasdaq Composite closed at record highs Wednesday for the third straight session as consumer inflation cooled more than expected in May, while the Federal Reserve's updated outlook indicated one rate cut this year, down from three forecast in March. The technology-heavy Nasdaq jumped 1.5% to 17,608.4, while the...

TSX Closer: Morning Market Surge Tempered by a Hawkish Fed Outlook for Interest-Rate Cuts

Jun 12, 2024

04:30 PM EDT, 06/12/2024 (MT Newswires) -- Canada's main stock market, the Toronto Stock Exchange, closed with a gain on Wednesday, but surrendered some early strength after the Federal Reserve dashed hopes for a near-term cut to interest rates despite the second-straight monthly drop in the Consumer Price Index. The S&P/TSX Composite Index closed up 74.21 points to 21,961.55 points,...