Dow futures pare losses after Trump announces Strait of Hormuz blockade as talks fail: Live updates
All three major averages are coming off their best week since November on hopes that the conflict will soon come to an end.
Dow futures drop 500 points after Trump announces Strait of Hormuz blockade as talks fail: Live updates
All three major averages are coming off their best week since November on hopes that the conflict will soon come to an end.
CNBC Daily Open: Trump goes from opening the Strait of Hormuz to blockading it
The failed peace talks left investors on edge with little visibility on how the blockade will be implemented, and how long and deep an oil shock needs to be priced in.
Eric Swalwell suspends campaign for California governor amid sexual misconduct allegations
Multiple women have reportedly accused Democratic Rep. Eric Swalwell of sexual misconduct, among them a former staffer who alleges he sexually assaulted her.
Asia markets trade lower as oil surges after U.S. moves to blockade Iran ports
Oil prices surged past $100 after U.S.-Iran talks collapsed and Washington moved toward a naval blockade, setting a cautious tone for Asia markets at the open.
Oil prices surge above $100 as U.S. Navy to blockade Iran’s ports after peace talks fail
President Donald Trump said he ordered the U.S. Navy to find and interdict any ship in international waters that has paid a toll to Iran to transit the strait.
Nigerian airstrike hits market, 200 feared dead in northeast Yobe state
At least 200 people are feared dead after Nigerian military jets struck a village market while pursuing Islamist militants in the northeast on Saturday night.
‘The Super Mario Galaxy Movie’ rockets to $629 million worldwide at the box office
“The Super Mario Galaxy Movie” is helping to power up box-office momentum before the summer movie season begins in May.
Morgan Stanley predicts these beaten-down Chinese stocks can rebound on easing Middle East tensions
The strategists looked at Chinese companies with significant revenue exposure to the region.
China offers incentives to Taiwan following opposition leader’s visit
The move comes after the chair of Taiwan’s largest opposition party, the Kuomintang, met Chinese President Xi Jinping.
