Related Articles
Japan
ASX Midday Sector Update: Energy Stocks Advance, Consumer Discretionary Sector Struggles
Energy stocks advanced nearly 1% at midday Tuesday.Woodside Energy Group (ASX:WDS) gained more than 1% in recent trade.On the flip side, the consumer discretionary sector struggled, shedding nearly 2%.Wesfarmers (ASX:WES) shares were down almost 2% in recent trade.
ASX 200ASX:WDSASX:WES
Japan
Update: US Equity Indexes Soar, Crude Oil Sinks as Iran Agreement Poised to Reopen Hormuz
(Updates with index/price moves and political news from the first paragraph.)US equity indexes surged while crude oil and government bond yields slumped after the US and Iran reached a deal, setting the stage for the reopening of the Strait of Hormuz, the chokepoint for about a fifth of global crude oil flows.The Nasdaq Composite surged 2.9% to 26,650.7, with the S&P 500 up 1.7% to 7,555.3, and the Dow Jones Industrial Average higher by 1.1% to 51,752.1 ahead of Monday's close.President Donald Trump and Vice President JD Vance both virtually signed the agreement to end a US blockade of Iranian ports, reopen the Strait of Hormuz, and start 60 days of nuclear negotiations, CNN reported, citing a senior US official.Crude oil futures slumped. Front-month global benchmark North Sea Brent fell 3.9% to $83.48 per barrel, and US West Texas Intermediate slid 3.8% to $81.05 per barrel.Most US Treasury yields fell, with the 10-year down 1.8 basis points to 4.47% and the two-year lower by 2.8 basis points to 4.06%.
Dow JonesNasdaq CompositeS&P 500
Japan
Update: US Equity Indexes Jump Following Weekend Agreement to End Iran War
(Updates with index moves and geopolitical developments from the first paragraph.)US equity indexes rose after the US and Iran reached a framework agreement to end the war in the Middle East, setting the stage for a reopening of the Strait of Hormuz, the chokepoint for about a fifth of global crude oil flows.The Nasdaq Composite jumped 3% to 26,660.1, the S&P 500 jumped 1.9% to 7,574.4, and the Dow Jones Industrial Average advanced 1.4% to 51,921.7.Energy and consumer staples were among the decliners, while technology, communication services, and consumer discretionary led the gainers.Iran's Supreme National Security Council confirmed on Sunday that a memorandum of understanding had been reached, with military operations on all fronts set to cease immediately. No text of the MoU has been released, and the duo has offered conflicting accounts of what will follow a signing ceremony in Switzerland on Friday, CNN reported.The peace deal will end the US blockade of Iranian ports and reopen the Strait of Hormuz, according to multiple media reports. Iran's Foreign Ministry spokesman, Esmail Baghaei, said the ceasefire in Lebanon - one of Iran's preconditions for a negotiated settlement - has been observed in the memorandum of understanding, Al Jazeera reported.Crude oil futures slumped. Front-month global benchmark North Sea Brent slumped 5.5% to $80.22 per barrel, and US West Texas Intermediate sank 5.1% to $82.88 per barrel.
Dow JonesNasdaq CompositeS&P 500$AMD$AMZN$CVX$NVDA$SHEL$SPCX$XOM