TRUMP RALLY
Hormuz standoff: Trump misread his leverage and overplayed his hand
A brief reopening of the Strait of Hormuz offered hope for US-Iran ties. Oil prices fell and markets rallied. However, Iran quickly reversed course, shutting the strait again. This move contradicted US claims about negotiations. Experts suggest Trump may have misjudged his leverage, potentially hindering talks.
PM Modi is controlled by Donald Trump, wants to do the same in TN: Rahul Gandhi
Rahul Gandhi alleged Prime Minister Narendra Modi is controlled by US President Donald Trump, citing the India-US deal as evidence of "selling out" the country. Gandhi further claimed Modi desires the AIADMK to win in Tamil Nadu to exert control over the state's Chief Minister.
Trump says he has 'good news' on Iran, offers no clarity on peace deal
President Trump sees positive signs in Iran peace talks. A ceasefire in the Middle East conflict may be extended if a deal is reached by Wednesday. Iran has temporarily reopened the Strait of Hormuz. Shipping may return to normal soon. Talks are ongoing to resolve the conflict and Iran's nuclear program.
Wall Street Week Ahead: Surging record-high US stocks to wade deeper into earnings season
The U.S. stock market has achieved record highs, fueled by hopes of cooling U.S.-Iran tensions and an anticipated robust first-quarter earnings season. Despite war-related concerns, major indexes like the S&P 500 and Nasdaq have seen a swift rebound, with investors now focusing on corporate profits. However, elevated oil prices and potential inflation remain key concerns.
Trump telegraphs end to Iran war as focus turns to economy
President Donald Trump indicates a desire to conclude the US conflict with Iran. Talks have reportedly outlined an agreement, with Trump stating Iran will not close the Strait of Hormuz again. This development comes as midterm elections approach, with domestic economic concerns potentially influencing the President's decisions. Negotiations are ongoing, with a potential deal nearing finalization.
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US Israel-Iran War Day 49: Trump says Iran deal 'near complete' as Strait of Hormuz reopens; oil sinks, Lebanon ceasefire holds
Iran War News Day 49: A fragile 10-day ceasefire between Israel and Lebanon has begun. This pause in fighting follows intense clashes just hours before it took effect. The Strait of Hormuz is now open to commercial shipping, boosting global markets. US President Donald Trump expresses cautious optimism about broader peace talks with Iran. Displaced Lebanese families are returning home. Maritime security operations continue.
S&P 500 surges, Dow jumps 1,000 points as airline stocks skyrocket, Nasdaq eyes record gaining streak since 2009 after oil prices today crashes as Strait of Hormuz reopens - how US stock market is performing on April 17
S&P 500, Dow Jones and Nasdaq rallying today: US stock market experienced a rapid recovery, with major US indexes rallying sharply. Falling oil prices, driven by the reopening of the Strait of Hormuz, and easing geopolitical tensions significantly boosted investor confidence.
Pope Leo takes on Trump over Iran war threats, signals tougher global stance after 'red line' remarks
Pope Leo XIV has stepped out of his mild demeanor to confront US President Donald Trump. Trump's threats against Iran prompted the Pope to speak out. This has given the pontiff a larger platform. Analysts believe this confrontation is helping to unite Catholics. The Pope has found his voice and is unlikely to back down from challenging brutality.
Oil Price Today (April 17): Crude oil prices fall on Israel-Lebanon ceasefire, Iran war peace talks. Is the worst over?
Oil prices dipped as Middle East tensions eased with a Lebanon-Israel ceasefire and potential US-Iran talks. President Trump indicated a deal with Iran was close, following a 10-day truce that removes a key obstacle to negotiations. Experts anticipate continued volatility but expect prices to remain supported.
Global Markets: Asian stocks dip as traders await ceasefire news
Asian stocks declined as investors reduced holdings ahead of the weekend, awaiting progress on extending the US-Iran ceasefire. This follows a global equity rally driven by expectations of prolonged peace, which pushed markets to record highs. Crude oil prices slipped as President Trump expressed optimism about a permanent truce, while gold edged higher.
GIFT Nifty hints at positive start; here's trading setup for the day
Indian equities closed lower amid weekly expiry volatility, with support seen at 23,450-23,100 and resistance at 24,400. Global markets showed mixed signals, with US stocks inching higher on ceasefire hopes. The Indian rupee strengthened, while Brent crude prices dipped.
US stocks today: S&P 500, Nasdaq retreat as rally momentum begins to fade
Wall Street’s main indexes retreated after hitting intraday record highs as investors weighed Middle East developments and a fresh wave of earnings. Optimism over potential diplomacy with Iran supported sentiment, but analysts warned the rally remains largely sentiment-driven without strong economic backing.
Fresh hopes of US-Iran talks bring peace to D-Street
Trump, according to news reports, said that the US-Iran peace talks could resume in Islamabad over the next two days following the breakdown of negotiations over the weekend. Earlier, the US said its navy had blockaded traffic to and from Iranian ports in response to Iran’s disruption of shipping through the Strait of Hormuz.
Why stock market rose today? Sensex soars over 1,200 points, Nifty settles above 24,200. 5 key factors explained
Indian stock markets surged on Wednesday. The Sensex and Nifty saw substantial gains. Easing oil prices and renewed hopes for US-Iran peace talks boosted investor sentiment. Global markets also rallied. This positive momentum added significant value to the total market capitalization. Investors are advised to remain invested despite potential headwinds.
The Iranians have a vote: Analyst warns markets are ignoring fragile ceasefire as talks loom
Markets may be rallying on hopes of peace, but Viking Research’s John Rossomando warns that investors are underestimating geopolitical risks. He cautions that any aggressive move by Iran, such as renewed missile strikes or attacks on shipping, could quickly reverse market optimism and disrupt global trade.
Infosys, TCS, Wipro, other IT stocks climb up to 5%. Here's why
IT stocks rallied up to 5% on Wednesday, driven by improved market sentiment on hopes of fresh Iran-US talks and easing concerns around AI disruption. After earlier losses due to AI and inflation worries, the sector is seeing a partial recovery, with Nifty IT emerging as a top gainer.
Hindustan Copper shares rally 7% as red metal prices near six-week peak
Hindustan Copper shares surged on Wednesday as global copper prices hit a six-week high amid easing Middle East tensions and hopes of renewed US-Iran talks. Strong demand outlook, supply concerns, and expectations of long-term electrification trends further boosted sentiment across industrial metals, with broader gains also seen in nickel, zinc, and tin.
Bitcoin climbs to 4-week high of $74,945
Since its crash from an all-time high of $126,000 in October, Bitcoin has been trading in a tight range for the past two months.
US stocks today: S&P 500, Nasdaq jump over 1% on renewed hopes of US-Iran talks, earnings boost
US stocks rallied, with the S&P 500 and Nasdaq closing higher as investors grew hopeful over potential Middle East de-escalation and Iran talks. Softer US producer inflation and a solid earnings season boosted risk appetite. Tech, software and semiconductor stocks led gains, with indices nearing record highs.
India can't buy Iranian or Russian oil without Trump's permission, alleges Rahul Gandhi
Gandhi also claimed that the names of PM Modi, several BJP leaders and ministers have been found in the Epstein files. “The key (chabi) of the Epstein files is in Trump’s hands and he controls Modi,” Gandhi alleged.
IT stocks to rally on Wednesday? Infosys, Wipro ADRs surge up to 5%. Here's why
IT stocks may rally on Wednesday as Infosys and Wipro ADRs surged overnight, supported by strong gains in US tech stocks and easing fears of AI-driven disruption. Optimism over renewed Iran-US peace talks and falling crude prices softened macro concerns, boosting sentiment for Indian IT companies heavily exposed to the US market.
Rahul Gandhi accuses PM Modi of 'compromised' foreign deals at Bengal rally
Rahul Gandhi, addressing a public rally in Raniganj, made strong allegations against Prime Minister Narendra Modi, the BJP, and the RSS, claiming that India’s foreign and economic policies were being influenced through a “compromised” arrangement with the United States and alleging adverse impacts on farmers; he further accused the ruling party of promoting a “hate-driven ideology” that he said was weakening the Constitution and democracy, reiterated claims about links between PM Modi, BJP leaders, and the “Epstein files,” and alleged a nexus between Modi and industrialist Gautam Adani in political funding and governance, while also criticising the Trinamool Congress over corruption and multiple scams in West Bengal, asserting that both BJP and TMC were responsible for exploiting the people.
GIFT Nifty jumps 200 pts amid renewed hopes for Iran-US peace talks. What to expect?
Dalal Street may witness a relief rally on Wednesday as GIFT Nifty surged nearly 200 points following reports of continued US-Iran peace talks. Despite initial plunges, global markets rallied as oil prices cooled and hopes for a diplomatic resolution emerged, with Wall Street and Asian markets showing gains.
US stocks today: S&P, Nasdaq rise 1% as investors hold out hope for US-Iran resolution
US stocks rose as investors weighed Middle East tensions and hopes of a potential resolution in the Iran conflict. Gains in tech stocks lifted the S&P 500 and Nasdaq, while easing oil prices below $100 supported sentiment. However, cautious trading persisted amid geopolitical uncertainty and mixed corporate earnings reactions.
Trump posts AI image of himself as Jesus-like figure, drawing outrage
US President Donald Trump posted an AI-generated image of himself as a Jesus-like figure on Sunday, drawing widespread criticism even from some religious conservatives who typically support him, before deleting the post on Monday.
Trump's AI image of himself as Jesus-like figure withdrawn
Former US President Donald Trump sparked controversy by posting an AI-generated image depicting him as a Jesus-like figure. The image, shared on his Truth Social platform, was later removed. This occurred during an ongoing dispute with Pope Leo, who has criticized US foreign policy. The post drew criticism from various groups, including some religious conservatives.
Stocks sink, Iran move falters: Pakistan is a high-beta nation
Pakistan's attempt to mediate US-Iran talks and a related stock market rally ended quickly. The country's fortunes are tied to external events, not internal strength. Despite the setback, Pakistan may retain a role in ongoing backchannel diplomacy. Its strategic location and defense ties ensure continued relevance beyond mediation efforts.
Dollar strengthens as peace talks falter, US blockade of Iran's ports to begin
The US dollar surged to a one-week high against major currencies. This happened as peace talks between the United States and Iran collapsed. The US Navy is preparing to blockade Iranian ports. This development has triggered a risk-off sentiment in early Asian trading. The euro and British pound weakened against the dollar.
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