Dow Jones Top Markets Headlines at 1 AM ET: Oil futures fall after Trump pauses U.S. effort to partially reopen Strait of Hormuz | South ...

Oil futures fall after Trump pauses U.S. effort to partially reopen Strait of Hormuz

Crude-oil futures fell late Tuesday after President Donald Trump said his latest effort to partially reopen the Strait of Hormuz would be paused, to buy more time to reach an agreement to end hostilities with Iran.

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South Korea Inflation Hits 21-Month High in April

Headline inflation rose 2.6% from a year earlier in April, the fastest pace since July 2024, underscoring the deepening effects of Middle East tensions and higher oil prices.

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AI Models Face U.S. Review Before Launch. What It Means for Tech Stocks.

Don't overreact to news that the government wants to preview AI models before they are released. It isn't a big deal-yet.

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Betting on long Treasury bonds when yields near 5% has been a slam-dunk trade over the past few years. Is this time different?

"There is not a 'break-the-glass' solution," says former Treasury Secretary Steven Mnuchin of backup plans if the U.S. can't finance its debt.

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The last time semiconductor stocks rose this far this quickly, the dot-com bubble burst

The rolling 25-day performance for one index of semiconductor stocks has reached its highest level since March 9, 2000 -the day before the dot-com bubble peaked.

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Fitch Upgrades Argentina to B- With Stable Outlook

Fitch said the rating reflects Argentina's structurally improved fiscal and external balances, progress on economic reforms, and improved prospects for FX reserve accumulation.

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SEC Proposes to Eliminate Quarterly Reporting Requirement for Public Companies

The SEC proposed amendments that would give public companies the option to file reports semiannually, rather than on a quarterly basis.

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HSBC Flags Risks to Stocks. U.S. Markets Aren't Listening.

HSBC says a worst-case scenario tied to the Iran conflict could hammer global stocks and boost oil prices, but U.S. markets continue to push toward record highs.

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U.K. 30-Year Gilt Yields Hit 28-Year High Amid Political Concerns

Borrowing costs on U.K. 30-year government bonds surged ahead of local elections on Thursday due to concerns about a potential political crisis in the U.K.

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Canada Swings to First Goods-Trade Surplus in Six Months

Canada for March recorded a merchandise-trade surplus of C$1.78 billion, the equivalent of about US$1.31 billion, Statistics Canada said.

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March Labor Market Was Stable, if Sluggish

Hiring picked up in March, but the rate of job openings ticked down to 4.1%, emphasizing a continued stretch of relatively low dynamism in the market.

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U.S. Trade Deficit Grew in March

U.S. imports rose faster than exports in March, pushing up the U.S. trade deficit, according to data published by the Commerce Department.

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U.S. New Home Sales Rose in March

Sales of new single-family homes rose to 682,000 in March, from 635,000 in February. A consensus of economists polled by The Wall Street Journal expected 660,000 sales in March.

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U.S. Services-Sector Activity Continued to Expand in April

The Institute for Supply Management's purchasing managers index for services providers was 53.6, suggesting continued expansion, though price pressures from the war in Iran weighed on growth.

(END) Dow Jones Newswires

May 06, 2026 01:15 ET (05:15 GMT)