Oil Prices Climb as Iran Reviews U.S. Peace Proposal Amid Middle East Tensions 
Oil Prices Rebound as Iran Denies U.S. Talks Amid Gulf War Supply Fears 
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Middle East War Rattles Global Markets as Oil Tops $100 and Dollar Surges 
U.S. Futures Slide as Iran Denies Nuclear Talks with Washington 
Trump Tariffs Show Minimal Economic Impact but Boost Federal Revenue, Study Finds 
Gold Prices Climb as Middle East Ceasefire Talks Stir Market Optimism 
Wall Street Slides as Iran War Uncertainty, Oil Surge, and AI Fears Rattle Markets 
U.S. Stock Futures Steady as Iran Reviews U.S. Ceasefire Proposal 
Gold Prices Surge on U.S.-Iran Ceasefire Reports 
Bank of Japan Officials Signal Continued Interest Rate Hikes Amid Inflation Concerns 
Australia's Inflation Eases in February but Core Pressures Persist 
Iran-Israel Missile Strikes Continue Amid Mixed Signals on U.S.-Iran Diplomacy 
Japan's Private Sector Growth Slows in March Amid Rising Costs and Middle East Uncertainty 
Wall Street ended the week on a strong note Friday, with major U.S. stock indexes climbing sharply as expectations for a Federal Reserve rate cut in December gained momentum. The rebound helped ease concerns about stretched tech valuations after a turbulent week for global markets.
A broad market rally picked up speed by late morning, lifting the Dow Jones Industrial Average by 493.30 points to 46,245.56. The S&P 500 advanced 0.98% to 6,602.96, while the Nasdaq Composite gained 0.88% to close at 22,273.08.
The surge followed fresh U.S. labor market data, which showed an unexpected uptick in unemployment—a signal that strengthened the market’s confidence in a potential Fed rate cut. According to CME’s FedWatch tool, traders now see a 73.3% chance of a December cut, up from 39.1% just a day earlier.
Comments from New York Fed President John Williams also boosted sentiment. Once viewed as leaning hawkish, his openness to near-term rate cuts shifted market perception toward a more dovish outlook. Analysts say this helped spark Friday’s strong rebound after Thursday’s broad selloff.
Tech stocks also provided support. Strong earnings from AI-driven leaders like Nvidia helped calm fears that the sector’s rapid gains were unsustainable. With nearly all S&P 500 companies having reported third-quarter results, about 83% have beaten earnings expectations, according to LSEG data.
Global markets were more mixed. European stocks fell for the week amid worries about high tech valuations and optimism around Russia-Ukraine peace efforts, which dragged defense shares lower. Asian markets also slipped, with Japan’s Nikkei dropping 2.40%.
In currencies, the dollar steadied but weakened against the yen as Japanese officials increased efforts to curb the yen’s slide. Meanwhile, cryptocurrencies tumbled, with bitcoin falling to multi-month lows.
U.S. Treasury yields dipped as rate-cut bets strengthened, and oil prices fell to a one-month low on developments in the Russia-Ukraine peace push. Gold also edged lower, with spot prices ending at $4,065.29 an ounce.
