- Futures linked to the S&P 500 edged higher early Thursday after the index touched new highs, buoyed by hopes that the U.S. and Iran were closing in on an agreement to end the war. - Stocks moved higher and oil prices cooled after Axios reported, ci

2026-05-07

- Futures linked to the S&P 500 edged higher early Thursday after the index touched new highs, buoyed by hopes that the U.S. and Iran were closing in on an agreement to end the war. - Stocks moved higher and oil prices cooled after Axios reported, citing sources, that the U.S. and Iran are nearing a deal to end the war. - An Iranian foreign ministry spokesperson said on Wednesday that Iran was evaluating a U.S. proposal for a resolution. - New unemployment benefit filings totaled a seasonally adjusted 200,000 for the week ended May 2, up 10,000 from the prior week’s revised level but below the 206,000 consensus estimate from Dow Jones - McDonald’s — The fast-food chain posted a beat on both the top and bottom line, sending shares nearly 3.2% higher. Adjusted earnings came in at $2.83 per share - U.S.-based employers announced 83,387 job cuts in April, up 38% from March but down 21% from a year earlier, according to Challenger, Gray & Christmas. - Japan stocks rose more than 5% on Thursday, with the benchmark Nikkei 225 hitting 62,000 for the first time as Asia-Pacific markets rallied despite renewed tensions in the Middle East.

Other News
2026-05-08

U.S. stocks continued their decline; the S&P 500 fell 0.51%, the Nasdaq fell 0.29%, and the Dow Jones fell 0.78%.

2026-05-07

Asian Stocks 1. The Shanghai Composite Index closed up 48.01 points, or 1.17%, at 4160.17 on Wednesday, May 6th. 2. The Shenzhen Component Index closed up 352.06 points, or 2.33%, at 15459.62 on Wednesday, May 6th. 3. The CSI 300 Index closed up 6