Economics

Dow, S&P 500 and Nasdaq futures jump on AI earnings, Iran peace hopes

US stocks were tipped to open higher on Thursday, poised to extend a record-setting rally driven by optimism surrounding a potential US-Iran peace agreement and expectations of continued AI-powered earnings growth.

07 May 2026-12:04
Oil drops on hopes of Iran-US deal over Hormuz

Oil prices extended their losses on Thursday as investors assessed the possibility of a Middle East peace agreement that could reduce supply risks and potentially allow for the gradual reopening of the Strait of Hormuz.

07 May 2026-11:59
Lufthansa, Air France-KLM face mounting crisis as fuel prices soar

The European aviation sector is facing its most severe crisis since the 2020 pandemic, as ongoing Middle East conflicts have driven jet fuel prices to multi-year highs and forced major carriers to adjust their strategies.

07 May 2026-11:04
Gold extends gains amid optimism over Iran peace deal

07 May 2026-10:42
ECB flags weak equity integration across euro area markets

07 May 2026-10:39
China's Chery boosts Southeast Asia push with Thailand NEV plant

07 May 2026-10:29
Canada weighs EV import caps for Tesla, BYD

07 May 2026-10:22
Tech-driven rally pushes Japan's Nikkei sharply higher

07 May 2026-10:11
Nintendo Switch 2 brings back Star Fox in high-impact remake

07 May 2026-09:42
AirAsia unveils massive fleet expansion with Airbus deal

AirAsia has signed a $19 billion agreement to purchase 150 Canadian-built Airbus A220-300 jets, according to a joint statement from the companies.

07 May 2026-09:35