Paul Jackson

Gold Trims Gains as Traders Weigh Iran Truce Progress

What Happened Gold gave back most of its early gains as traders weighed signs of progress on a U.S.-Iran truce against the reality that the Strait of Hormuz remains effectively shut. Bullion initially moved higher, but sentiment turned more mixed

Oil Swings as Peace Talk Hopes Meet Tight U.S. Supplies

What Happened Oil flipped between gains and losses as the market tried to balance two conflicting forces: signs of tighter U.S. supply and fresh hopes that the U.S. and Iran could keep talking long enough to extend the current ceasefire.

Morgan Stanley Beats Q1 Estimates as Trading Revenue Surges

What Happened Morgan Stanley reported a strong first quarter, beating analyst expectations on both the top and bottom lines as its trading desks delivered much stronger-than-expected results. The bank posted earnings of $3.43 per share, above the $3.00 estimate, while

Dow, S&P 500, Nasdaq Rise on Iran Deal Hopes and Cooler PPI

What Happened U.S. stocks moved higher on Tuesday as oil prices dropped and investors responded to two supportive developments at once: signs that President Trump is open to further talks with Iran, and a cooler-than-expected producer inflation report. The S&P

Banks Report $100 Billion in Private Credit Exposure

What Happened Major Wall Street banks disclosed at least $100 billion of exposure to private credit firms, giving investors a clearer look into one of the most closely watched pressure points in finance right now. The reported figures in the

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