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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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Tech Stocks Surge Amid Tariff Relief: A Premarket Rally

Wall Street is buzzing as U.S. stock futures climb, fueled by a temporary reprieve on tariffs for certain electronics. The White House announced exemptions for smartphones, computers, and other consumer electronics, sparking optimism among investors. Tech giants like Apple and Nvidia saw significant premarket gains, with Apple rising 4.7% and Nvidia up 2.1%.

While the exemptions offer a short-term boost, uncertainty looms as President Trump hinted at upcoming tariffs on semiconductors. Analysts remain cautious, noting the potential impact on economic growth and inflation. Despite this, the Nasdaq 100 futures jumped 1.46%, reflecting the market's positive sentiment.

This rally comes after a week of volatility, with the S&P 500 recording its biggest weekly gain since November 2023. As earnings season kicks off, investors will closely monitor corporate results and economic data for further insights.



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