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Trump Signals Iran War Deal ‘Soon’ as Strait of Hormuz Stays Open, Easing Market Fears

                                   U.S. President Donald Trump said a deal to end the Iran war could come “soon,”   President Donald Trump said a deal to end the Iran war could come “soon,” a comment that helped calm global markets as the vital Strait of Hormuz remains open to commercial shipping. The waterway, which handles roughly one‑fifth of the world’s oil supply, has been a central concern for investors since the conflict began. With tankers continuing to move through the strait, oil prices have stabilized after weeks of volatility. Analysts note that even the perception of reduced risk in the region can ease pressure on global inflation, particularly in energy‑dependent economies like Canada. For Canadian households, a more stable oil market could help limit further increases in gasoline, transportation, and food costs. Equity markets reacted cautiously but positively,...
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Stock Market Today: Stocks Rebound as Earnings Take Center Stage


In today’s market, US stocks are making a comeback, with investors shifting their attention away from interest rate concerns and focusing on quarterly earnings. Here’s a brief overview of the current situation:

  1. S&P 500 Rebounds: After a three-day streak of losses, the S&P 500 (^GSPC) is up approximately 0.4%. The Dow Jones Industrial Average (^DJI) has also gained 0.4%, while the tech-heavy Nasdaq Composite (^IXIC) leads the gains, rising over 0.5%.

  2. Rate Cut Worries Eased: Despite recent worries about heightened tensions in the Middle East and uncertainty surrounding rate cuts, investors are now looking to earnings season for positive momentum.

  3. Big Bank Results: Robust earnings from major banks signal a return to strength on Wall Street. United Airlines (UAL) shares rose 7% after posting a revenue beat, while ASML (ASML), the largest supplier of equipment to chipmakers worldwide, saw its sales to China hold up amid US curbs.

  4. Netflix Earnings Anticipation: Netflix (NFLX) is set to report earnings after the close on Thursday. Investors are optimistic about continued benefits from the company’s crackdown on password sharing and a strong original content slate. However, there’s some concern about growth slowing in the second half of the year.

As we navigate the market, keep an eye on earnings reports and how they impact stock performance. The road ahead remains dynamic, but for now, earnings are taking center stage. Stay tuned for further updates! 

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