FINWIRES · TerminalLIVE
FINWIRES

Equities Mostly Rise Intraday; Oil Prices Advance Amid Hormuz Blockade

-- US benchmark equity indexes were mostly higher intraday, while oil prices rose as traders kept an eye on developments in the Middle East amid a Washington blockade of maritime traffic around Iran's ports.

The Nasdaq Composite was up 0.6% at 23,049.5 after midday Monday, while the S&P 500 rose 0.4% to 6,844.8. The Dow Jones Industrial Average was little changed at 47,933.5. Among sectors, technology and financials paced the gainers, while utilities saw the biggest drop.

West Texas Intermediate crude oil was up 2.5% at $99.06 a barrel, while Brent jumped 4.2% to $99.22.

The blockade of maritime traffic entering and exiting Iranian ports was set to start at 10 am ET Monday, according to a statement issued by the US Central Command Sunday. The development came after the US and Iran failed to reach a deal during negotiations in Pakistan over the weekend, fueling concerns over an already fragile ceasefire between Washington and Tehran.

US President Donald Trump said in a social media post Monday that 34 ships went through the Strait of Hormuz Sunday.

Trump's remarks comes Iran has reportedly vowed to retaliate. The Iran-controlled strait has been effectively shut since the war began at the end of February.

"The fact the talks happened at all matters," Saxo Bank said in a report Monday. "There is still a chance negotiations restart, especially with some reports suggesting the two sides were not far apart on at least some points."

Despite the failed peace talks, a two-week ceasefire announced last week still holds.

Trump is mulling over limited strikes against Iran following the failed negotiations, The Wall Street Journal reported, citing people familiar with the situation.

"While the diplomatic setback is negative, it does not yet signal an automatic return to the worst-case scenario," Saxo said.

The Organization of the Petroleum Exporting Countries lowered its second-quarter oil demand forecast due to the Middle East conflict, but maintained its full-year estimates amid expectations for a rebound in the second half.

US Treasury yields were lower intraday, with the 10-year rate down 1.6 basis points at 4.30% and the two-year rate dropping two basis points to 3.78%.

In company news, Goldman Sachs (GS) posted first-quarter results above market estimates, while Chief Executive David Solomon said a protracted Middle East conflict could pose upside risks to inflation. The lender's shares were down 2.3% intraday, the worst performer on the Dow.

Oracle (ORCL) shares surged nearly 12%, the top gainer on the S&P 500. The company said it introduced artificial intelligence-focused updates to its utilities software suite at its customer edge summit, targeting improvements in billing, grid operations, and asset management.

In economic news, US existing home sales decreased in March as softening job growth and weaker consumer confidence continued to deter potential buyers, data from the National Association of Realtors showed.

"We don't see much upside for sales over the next several months," Oxford Economics said in a note. "Given the backup in mortgage rates since the start of the war with Iran, we expect home sales to move sideways before starting to gradually rise at the end of the year."

Gold was down 0.7% at $4,755.90 per troy ounce, while silver dropped 1.4% to $75.43 per ounce.

相关文章

Equities

富国银行将EQT的目标股价从70美元上调至79美元,维持“增持”评级。

根据FactSet调查的分析师报告,EQT (EQT) 的平均评级为“增持”,平均目标价为70.76美元。 (报道北美、亚洲和欧洲主要银行及研究机构的股票、商品和经济研究。研究机构可通过以下链接联系我们:https://www..com/contact-us)

$EQT
Sectors

行业动态:消费者

周四盘前,消费类股票涨跌互现,道富消费必需品精选行业SPDR ETF (XLP)上涨0.3%,道富非必需消费品精选行业SPDR ETF (XLY)下跌0.5%。 Keurig Dr Pepper (KDP)股价上涨近3%,此前该公司公布的第一季度调整后盈利和营收均超出分析师预期。

$KDP
Commodities

市场动态:随着能源成本上涨,欧洲各地屋顶太阳能需求激增

据路透社报道,多位行业领袖和高管表示,伊朗战争引发了欧洲屋顶太阳能需求的复苏。 由于冲突导致全球石油、天然气和电力价格飙升,家庭和企业都在努力寻找更经济的替代方案,而屋顶太阳能装置已成为关键选择。 德国太阳能设备批发商Solarhandel24的联合创始人雅尼克·诺尔登表示:“这场战争只是暴露了一直存在的问题:能源依赖。”他认为,欧洲各国政府一直以来都在“自投罗网”。 Solarhandel24今年3月的销售额较去年同期增长了两倍,达到近7000万欧元(约合8185万美元),并预计这一销售速度将持续下去。为了满足激增的需求,该公司已将其员工人数增加了三分之一,即85人。 另一家德国可再生能源设备公司Enpal也出现了类似的趋势,3月份订单激增30%,达到1.3亿欧元,预计4月份将增长33%,达到1.2亿欧元,这主要得益于屋顶太阳能装置的销售增长。 Enpal首席执行官马里奥·科勒表示,“这关乎欧洲的韧性”,他还补充说,这种趋势甚至在国防领域也出现了。“正如欧洲必须能够自卫一样,我们也必须能够自给自足地供应能源,”他说道。 对屋顶太阳能日益增长的需求也带动了储能技术的发展,荷兰太阳能公司(Holland Solar)的维南德·范霍夫表示,其销售额增长了40%至50%。 欧洲最大的能源网络运营商E.ON的首席执行官菲利普·托恩表示,“这不能仅仅用季节性因素来解释”,并指出,客户对该公司屋顶太阳能装置的需求与去年同期相比有所增长。高管们还强调了德国可再生能源法在刺激需求方面发挥的作用,并指出2025年新增太阳能装机速度有所放缓。 上述公司尚未回复的置评请求。 (市场动态新闻来源于与全球市场专业人士的对话。这些信息被认为来自可靠来源,但可能包含传闻和推测。准确性无法保证。)