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Today: June 04, 2026
Today: June 04, 2026

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Iran war creates new must-have for summer holidays: the plan B

Greg Abbott is planning his summer holiday with half an eye on the Iran war.

Iran war creates new must-have for summer holidays: the plan B
Business|Economy|Europe|Finance|MidEast|Political|Stock Markets|US|World

European shares muted as markets weigh US-Iran deadlock

European shares ended Monday's session flat, constrained by a drop in luxury stocks, while stalled U.S.-Iran peace negotiations drove oil prices

European shares muted as markets weigh US-Iran deadlock
Business|Economy|Finance|Stock Markets

11 weeks and counting

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets The Iran conflict is entering its 11th week - more than twice the

11 weeks and counting
Business|Economy|Finance|Stock Markets

It’s not just drivers who hate high gas prices. So do gas station owners

It’s not just drivers who hate high gas prices. So do gas station owners

It’s not just drivers who hate high gas prices. So do gas station owners
Business|Economy|Finance|Stock Markets|World

Aramco Q1 profit jumps 25% as Hormuz risks push pipeline to full capacity

Saudi Aramco reported a 25% jump in first-quarter profit on Sunday, showing its resilience as U.S.-Iran war tensions curtail Strait of Hormuz shipping, with

Aramco Q1 profit jumps 25% as Hormuz risks push pipeline to full capacity
Business|Economy|Environment|World

Citi says oil could rise further if US-Iran talks remain thorny

Oil prices could rise further if U.S.-Iran talks remain thorny, Citi said, though inventory drawdowns, Strategic Petroleum Reserve releases, reduced Chinese imports, weaker demand

Citi says oil could rise further if US-Iran talks remain thorny
Business|Economy|Technology|World

S&P 500 and Nasdaq notch records, boosted by AI and earnings optimism

The S&P 500 and the Nasdaq notched record highs on Friday, boosted by gains in Nvidia, Sandisk and other AI-related stocks, while a stronger-than-expected jobs

S&P 500 and Nasdaq notch records, boosted by AI and earnings optimism
Business|Economy|Finance|US|World

US employers defy economic shock from Iran war and add a surprisingly strong 115,000 jobs in April

America’s employers delivered a surprising 115,000 new jobs last month despite an economic shock from the Iran war

US employers defy economic shock from Iran war and add a surprisingly strong 115,000 jobs in April
Business|Economy|Finance|Stock Markets|World

Chip push, crude pull

Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers!

Chip push, crude pull
Business|Economy|Finance|Stock Markets|World

Trading Day: Markets draw breath

U.S. and global stocks hit new highs before ending lower on Thursday as chip stocks gave back some of their blistering gains, while oil clawed

Trading Day: Markets draw breath
Arts

Iran imposes new rules for Strait of Hormuz in bid to secure wartime gains

Iran imposes new rules for Strait of Hormuz in bid to secure wartime gains

Iran imposes new rules for Strait of Hormuz in bid to secure wartime gains
Business|Economy|Finance|Stock Markets|Technology|World

Chip frenzy goes global

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets The chip boom goes on, with Asia seeing rolling catchups to this

Chip frenzy goes global
Business|Economy|Finance|World

Canadian dollar forecasts more bullish as geopolitical risk ebbs: Reuters poll

The Canadian dollar is expected to give back some recent gains against its U.S. counterpart in the coming months, but could resume its uptrend if economic

Canadian dollar forecasts more bullish as geopolitical risk ebbs: Reuters poll
Business|Economy|Finance|Stock Markets|World

No stopping AI frenzy in Asia

A look at the day ahead in European and global markets from Ankur Banerjee Japan's Nikkei returned from holiday and jumped onto the scorching AI rally, joining South Korea and Taiwan equities at

No stopping AI frenzy in Asia
Business|Economy|Stock Markets|Technology|World

Trading Day: A peace wish and chips

Hopes that a U.S.-Iran peace deal might be imminent propelled global stocks to new highs and sent oil prices tumbling on Wednesday, with the U.S.

Trading Day: A peace wish and chips
Business|Economy|Technology|World

Stocks hit records on tech earnings, oil slide from prospect of Iran deal

Stocks surged to fresh records and oil prices dropped on Wednesday after a report that the United States and Iran are closing in on an

Stocks hit records on tech earnings, oil slide from prospect of Iran deal
Business|Economy|World

Shipping firms are being whipsawed by changing stances and risks as they wait for Hormuz to reopen

With hundreds of vessels still stuck in the Persian Gulf and costs piling up, shipping companies are being whipsawed by uncertainty over how and when the Strait of Hormuz might reopen more than two months into the Iran war

Shipping firms are being whipsawed by changing stances and risks as they wait for Hormuz to reopen
Business|Economy|Finance|Stock Markets|US|World

US dollar to remain stuck in range, dependent on the Strait of Hormuz

Developments in the U.S.-Israel war with Iran will steer the dollar in the near term, said FX strategists in a Reuters poll, who held on to their

US dollar to remain stuck in range, dependent on the Strait of Hormuz
Business|Economy|Finance|Stock Markets|World

Stocks surge in Seoul as Samsung surpasses Berkshire

A look at the day ahead in European and global markets from Gregor Stuart Hunter Global stocks were at record highs on Wednesday as some of Asia's biggest markets returned from a holiday in euphoric

Stocks surge in Seoul as Samsung surpasses Berkshire
Asia|Business|Economy|Finance|MidEast|Stock Markets|World

Wall Street rallies to records after oil prices ease and corporate profits keep topping expectations

The U.S. stock market rose to records after oil prices eased and companies kept reporting bigger profits for the start of the year than analysts expected

Wall Street rallies to records after oil prices ease and corporate profits keep topping expectations
Business|Economy|Finance|Stock Markets|World

Dollar softens as Middle East ceasefire holds

The U.S. dollar edged down on Tuesday as markets weighed developments in the Iran war, while the yen nudged lower in muted trade after a suspected

Dollar softens as Middle East ceasefire holds
Business|Economy|Finance|Stock Markets|World

Canada's services PMI hits six-month high but sector remains in contraction

The downturn in Canada's services economy eased in April as the level of new business increased despite concerns about tariffs and the war in the Middle East

Canada's services PMI hits six-month high but sector remains in contraction
Business|Economy|Europe|Finance|Stock Markets|World

European shares rise on positive earnings bump; focus on Mideast tensions

European shares recovered modestly on Tuesday after slumping in the previous session as a rally in technology stocks and a slate of upbeat corporate

European shares rise on positive earnings bump; focus on Mideast tensions
Business|Economy|Finance|Political|Stock Markets|World

Australia's central bank set to cool its heels after rapid-fire rate hikes

Australia's central bank lifted rates for a third time this year on Tuesday, returning borrowing costs to post-pandemic highs and warning that

Australia's central bank set to cool its heels after rapid-fire rate hikes
Business|Economy|Finance|Stock Markets|World

Freedom? What freedom?

A look at the day ahead in European and global markets from Rae Wee U.S. President Donald Trump's operation "Project Freedom" hasn't got off to a promising start.

Freedom? What freedom?
Business|Economy|Finance|Stock Markets|World

Wall Street falls from its records and oil prices jump after fighting flares in the Middle East

U.S. stocks fell from their record heights, while oil prices jumped following escalations in the Middle East that may undermine the ceasefire in the war with Iran

Wall Street falls from its records and oil prices jump after fighting flares in the Middle East
Asia|Business|Economy|Finance|Stock Markets|World

Oil jumps, stocks drop as Iran tightens grip on Strait of Hormuz

Oil prices jumped 6% on Monday and stocks fell as Iran escalated its military campaign, hitting several ships in the Strait of Hormuz and setting

Oil jumps, stocks drop as Iran tightens grip on Strait of Hormuz
Business|Economy|Europe|World

High oil prices won't rescue Russian growth, think tank says

High global oil prices will not help boost Russian economic growth this year as Ukrainian drone attacks and new Western sanctions weigh on crude output and exports, a think

High oil prices won't rescue Russian growth, think tank says
Business|Economy|Finance|Stock Markets|World

S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week

The S&P 500 and the Nasdaq advanced to record closing highs on Friday, boosted by robust earnings and a dip in crude prices, and turning

S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week
Business|Economy|Environment|Finance|Stock Markets|US|World

ExxonMobil and Chevron earnings fall, but bigger profits are on their way because of soaring oil prices

ExxonMobil and Chevron earnings fall, but bigger profits are on their way because of soaring oil prices

ExxonMobil and Chevron earnings fall, but bigger profits are on their way because of soaring oil prices
Business|Economy|Finance|Stock Markets|World

Sell in May? Let's find out

From high oil prices and the conflict in the Middle East to Japan's yen, the latest U.S. jobs data, an Australian rate decision, and a UK local election: there's plenty for

Sell in May? Let's find out
Business|Economy|Environment|Finance|US

Gas prices in Massachusetts rise another 20 cents in past week

Gas prices in Massachusetts rise another 20 cents in past week

Gas prices in Massachusetts rise another 20 cents in past week
Business|Economy|Finance|Stock Markets|World

High oil prices due to the Iran war weigh on everything from the gas pump to consumer goods

As the Iran war enters its third month, consumers are paying for its disruption of worldwide energy production

High oil prices due to the Iran war weigh on everything from the gas pump to consumer goods
Asia|Business|Economy|Finance|MidEast|Stock Markets|World

Bonds, stocks climb on oil's pullback; yen jumps after Japan's currency intervention

Global bond prices and stocks rose on Thursday as oil prices retreated from four-year highs, while the yen jumped after

Bonds, stocks climb on oil's pullback; yen jumps after Japan's currency intervention
Business|Economy|Finance|Stock Markets|US|World

Wall Street ends higher, S&P 500, Nasdaq notch biggest monthly gains in years

U.S. stocks advanced on Thursday and the S&P 500 and the Nasdaq logged their biggest monthly gains in years as solid corporate earnings

Wall Street ends higher, S&P 500, Nasdaq notch biggest monthly gains in years
Business|Economy|Finance|World

Oil retreats after hitting four-year high on concern of US-Iran war escalation

Global oil prices eased after hitting a four-year high of more than $126 a barrel earlier on Thursday on concerns the U.S.-Iran war could lead to a

Oil retreats after hitting four-year high on concern of US-Iran war escalation
Business|Economy|Environment|Political|World

Russia says OPEC+ will continue after UAE exit, no price war expected

Russia's Deputy Prime Minister Alexander Novak said on Thursday that the OPEC+ group of leading oil producers would continue

Russia says OPEC+ will continue after UAE exit, no price war expected
Business|Economy|Europe|Finance|MidEast|Stock Markets|World

Inflation hits 3% in Europe as Iran war spreads oil price shock

Soaring oil prices from the Iran war pushed inflation higher to 3% in Europe in April

Inflation hits 3% in Europe as Iran war spreads oil price shock
Business|Economy|Environment|Finance|Stock Markets|World

Japan's ANA, JAL say Middle East war lifts fuel costs, no immediate supply issues

Japan's two biggest airlines, ANA Holdings and Japan Airlines (JAL), said on Thursday the Middle East conflict is keeping fuel costs elevated and the outlook uncertain.

Japan's ANA, JAL say Middle East war lifts fuel costs, no immediate supply issues
Business|Economy|World

EM stocks, FX fall on renewed Iran war risks, but set for monthly gains

Most emerging market stocks and currencies dipped on Thursday on concerns that the Iran war could escalate, sending oil prices soaring over 7%, while investors

EM stocks, FX fall on renewed Iran war risks, but set for monthly gains
Business|Economy|Finance|Stock Markets|World

Stagflation risks stacking up as Iran war enters third month

Financial markets are finding it harder to look past the rising economic costs of the Iran war as the continued closure of

Stagflation risks stacking up as Iran war enters third month
Business|Economy|Finance|Stock Markets|World

Central bank hawks spook bonds, tech untroubled

A look at the day ahead in European and global markets from Stella Qiu Jerome Powell's parting gift as Fed Chair was a proper hawkish tilt - the U.S. central bank held interest rates steady but in the

Central bank hawks spook bonds, tech untroubled
Business|Economy|Finance|World

BOJ warns inflation could rise well above target in risk scenario

The Bank of Japan is projecting core inflation hovering around 3%, well above its 2% target, for two years in a row under a risk scenario of elevated oil

BOJ warns inflation could rise well above target in risk scenario
Business|Economy|Environment|World

Global oil price retreats after hitting 4-year high on concern of US-Iran war escalation

Global oil prices retreated after hitting a four-year high of more than $126 a barrel on Thursday on concerns that the U.S.-Iran war could worsen and lead

Global oil price retreats after hitting 4-year high on concern of US-Iran war escalation
Business|Economy|Finance|Stock Markets|World

Wall Street ends mixed ahead of big tech earnings

Wall Street oscillated on Wednesday, as investors juggled spiking crude prices, the U.S.

Wall Street ends mixed ahead of big tech earnings
Business|Economy|Environment|Stock Markets|World

Oil prices keep spurting higher, but US stocks hold near their records

More jumps for oil prices sent tremors through the bond market, along with hints that some Federal Reserve officials don’t want to cut interest rates any time soon

Oil prices keep spurting higher, but US stocks hold near their records
Business|Economy|Finance|World

Dollar gains after Fed keeps rates unchanged and yen weakens past 160

The dollar strengthened against major currencies on Wednesday after the U.S.

Dollar gains after Fed keeps rates unchanged and yen weakens past 160
Business|Economy|Political|World

Russia to remain in OPEC+, hopes UAE exit does not spell end of group

Russia plans to stay in OPEC+ despite a decision by the United Arab Emirates to leave, the Kremlin said on Wednesday, expressing

Russia to remain in OPEC+, hopes UAE exit does not spell end of group
Business|Economy|Finance|Stock Markets|World

European shares hit three-week low as earnings, data and Iran conflict weigh

European shares slid to a three-week low on Wednesday amid mixed corporate results and data pointing to the economic damage caused by the Iran war,

European shares hit three-week low as earnings, data and Iran conflict weigh
Business|Economy|Finance|World

Australia inflation jumps with worse to come, rate hike looms

Australian consumer prices surged in the first quarter as war in the Middle East drove up energy costs, while core inflation stayed uncomfortably high for

Australia inflation jumps with worse to come, rate hike looms
Business|Economy|Finance|World

China's factory activity set to expand at a slower clip in April: Reuters poll 

China's factory activity likely grew at a slower pace in April as rising cost pressures stemming from the Middle East conflict test Beijing's reliance on manufacturing to

China's factory activity set to expand at a slower clip in April: Reuters poll 
Business|Economy|Technology|World

South Korea exports seen rising sharply again in April on chip boom: Reuters poll

South Korean exports likely rose in April for an 11th straight month, with a surge in chip demand driven by artificial intelligence investment more than

South Korea exports seen rising sharply again in April on chip boom: Reuters poll
Business|Economy|Political|World

Trump, unhappy with latest peace proposal, says Iran 'figuring out its leadership'

Efforts to end the Iran conflict were at an impasse on Tuesday with U.S.

Trump, unhappy with latest peace proposal, says Iran 'figuring out its leadership'
Business|Economy|Finance|Stock Markets|US|World

US companies project resilience even as Iran war risks mount

Top American companies from GM to Coca-Cola are trying to reassure investors they can weather the financial fallout from the Iran war, even as surging fuel and

US companies project resilience even as Iran war risks mount
Business|Economy|Finance|Stock Markets|Technology|World

Trading Day: Chips off the table

U.S. tech stocks dived on Tuesday, slammed by worries over the sector's lofty growth expectations ahead of key earnings reports, while another

Trading Day: Chips off the table
Business|Economy|World

Global inflation worries stir on energy price flare-up, but still relatively subdued 

Inflation in most countries will be markedly higher this year than predicted three months ago amid a stalemate in the energy crisis brought about by the

Global inflation worries stir on energy price flare-up, but still relatively subdued 
Business|Economy|Political|World

UAE leaves OPEC in blow to global oil producers' group

The United Arab Emirates on Tuesday said it was quitting OPEC, dealing a blow to the oil producers' group as an unprecedented energy crisis caused by the

UAE leaves OPEC in blow to global oil producers' group
Business|Economy

Carney's fiscal update shows smaller Canadian deficit, new spending

Canadian Prime Minister Mark Carney's fiscal update on Tuesday committed billions of dollars in new spending on a new skilled

Carney's fiscal update shows smaller Canadian deficit, new spending
Business|Economy|Finance|Political|Stock Markets|US|World

The Latest: Iran wants Strait of Hormuz reopening tied to an end to the war, officials say

Iran has offered to end its chokehold on the Strait of Hormuz without addressing its nuclear program

The Latest: Iran wants Strait of Hormuz reopening tied to an end to the war, officials say
Business|Economy|Environment|World

Oil prices hit two-week high as Iran talks stall and Strait of Hormuz shipments lag

Oil prices climbed about 3% to a two-week high on Monday as peace talks between the U.S. and Iran stalled and shipments through the Strait of Hormuz

Oil prices hit two-week high as Iran talks stall and Strait of Hormuz shipments lag
Asia|Business|Economy|Finance|Stock Markets|World

US stocks inch to more records as oil prices rise ahead of a blockbuster week for Wall Street

The U.S. stock market’s record-breaking rally slowed after uncertainty rose about what will happen next in the Iran war

US stocks inch to more records as oil prices rise ahead of a blockbuster week for Wall Street
Business|Economy|Finance|Stock Markets|World

Dollar eases as US-Iran talks stall, traders eye Powell's final Fed meeting

The U.S. dollar eased against the euro on Monday as investors weighed a diplomatic impasse in U.S.-Iran negotiations and braced for a week packed with

Dollar eases as US-Iran talks stall, traders eye Powell's final Fed meeting
Business|Economy|Finance|Stock Markets|World

Two months into Iran war, economic strain mounts across emerging markets

Two months since the outbreak of the Iran war, the charts below show how the economic toll is spreading beyond the Middle East, with

Two months into Iran war, economic strain mounts across emerging markets
Business|Economy|Finance|Stock Markets|US

US refiners' first-quarter profits expected to jump as war lifts fuel margins

Top U.S. independent refiners are expected to report stronger first-quarter results than a year ago, helped by supply disruptions tied to the war in the

US refiners' first-quarter profits expected to jump as war lifts fuel margins
Business|Economy|Europe|Finance|World

A fragile hold: Five questions for the ECB

The European Central Bank meets on Thursday, with an Iran war

A fragile hold: Five questions for the ECB
Asia|Business|Economy|Europe|Finance|MidEast|Science|Stock Markets|Technology|World

Hormuz and hyperscalers

A look at the day ahead in European and global markets from Tom Westbrook While U.S.-Iran talks have stalled, and next to no oil is making its way through the Strait of Hormuz, stock markets'

Hormuz and hyperscalers
Business|Economy|Finance|Stock Markets|World

Tech boosts US stocks to record close, oil dips on signs of Iran peace progress

The S&P 500 and the Nasdaq notched all-time closing highs on Friday as investors assessed signs of progress in U.S.-Iran peace talks and weighed solid

Tech boosts US stocks to record close, oil dips on signs of Iran peace progress
Business|Economy|Finance|Stock Markets|World

Dollar slips as DOJ drops Powell probe, clearing path for Warsh

The dollar fell on Friday, pressured by the Justice Department's decision to close its investigation into Federal Reserve Chair

Dollar slips as DOJ drops Powell probe, clearing path for Warsh
Business|Economy|Finance|Stock Markets|World

UK stocks end week lower as fragile U.S.-Iran truce weighs; BoE flags risks

UK's main stock indexes recorded weekly losses as investors assessed tentative signs of renewed U.S.-Iran peace talks, while a Bank of England warning that global stocks could

UK stocks end week lower as fragile U.S.-Iran truce weighs; BoE flags risks
Business|Economy|Europe

European equities log steep weekly losses with no resolution to MidEast conflict

European shares posted a sharp weekly loss on Friday, as investors worried about risks to growth and inflation with energy supplies still

European equities log steep weekly losses with no resolution to MidEast conflict
Business|Economy|Finance|World

Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold

Businesses have doled out up to $4 million to send ships through the Panama Canal while trying to avoid the Iran war's risks and effective closure of the Strait of Hormuz

Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold
Business|Economy|Finance|Stock Markets|World

P&G warns of $1 billion profit hit in fiscal 2027 from higher oil prices

U.S. consumer goods giant Procter & Gamble on Friday warned of a roughly $1 billion post-tax hit to its fiscal 2027 profit from surging

P&G warns of $1 billion profit hit in fiscal 2027 from higher oil prices
Business|Economy|Finance|Political|Stock Markets|US|World

US consumer sentiment slumps to record low in April; inflation expectations rise

U.S. consumer sentiment fell to a record low in April as households shrugged off a ceasefire in the war with Iran, remaining focused on the inflation

US consumer sentiment slumps to record low in April; inflation expectations rise
Economy|Europe|Finance|Political|World

Norway should use wealth fund for aid due to oil price rise in Iran war, Egeland says

Norway should use some of the income from its $2.2 trillion sovereign wealth fund, the world's largest, to help civilians suffering from the war in Iran,

Norway should use wealth fund for aid due to oil price rise in Iran war, Egeland says