U.S. stock-index futures fell and oil prices rose on Sunday, after President Donald Trump called Iran’s response to the latest U.S. proposal to end the war “totally unacceptable.”
U.S. stock-index futures fell and oil prices rose on Sunday, after President Donald Trump called Iran’s response to the latest U.S. proposal to end the war “totally unacceptable.”
Traders work at the New York Stock Exchange on May 7, 2026. NYSE Stock futures ticked lower Sunday night, following a winning week on Wall Street, as oil prices jumped after President Donald Trump rejected Iran's latest proposal to end the war. Futures tied to the Dow Jones Industrial Average slid 143 points, or 0.3%. S&P 500 futures and Nasdaq 100 futures each also lost 0.3%. Sunday's moves come ...
Traders work at the New York Stock Exchange on May 7, 2026. NYSE Stock futures ticked lower Sunday night, following a winning week on Wall Street, as oil prices jumped after President Donald Trump rejected Iran's latest proposal to end the war. Futures tied to the Dow Jones Industrial Average slid 143 points, or 0.3%. S&P 500 futures and Nasdaq 100 futures each also lost 0.3%. Sunday's moves come after the S&P 500 and Nasdaq Composite rallied more than 2% and 4%, respectively, last week. Both indexes recorded their sixth-straight winning weeks — a first for each since 2024. The Dow rose 0.2% for the week, notching its fifth week of gains out of the last six. Stocks advanced to end the week on Friday after the U.S. nonfarm payrolls report showed an increase of 115,000 jobs in April, surpassing expectations of 55,000 from economists polled by Dow Jones. The S&P 500 and Nasdaq both ended Friday's session at all-time highs. Iran sent a new proposal to U.S. negotiators, centered on ending the monthslong conflict. The counteroffer stressed the need to end the war on all fronts and to lift sanctions on Tehran, Iran's semi-official Tasnim news agency said , citing an informed source. In response, Trump said in a Truth Social post that he did not like Iran's response, adding that it was "TOTALLY UNACCEPTABLE!" Nonetheless, some market watchers expect U.S. markets to remain resilient despite the uncertainty. "The economy may slow somewhat from its prior path, due to the Iran war and subsequent oil price shock," said Rick Rieder, chief investment officer of global fixed income at BlackRock. But, "there are many much larger structural components that should keep the aggregate economy in much better shape than many people expect." Investors this week will focus on the April consumer and producer price indexes, which may offer fresh insight into how the war is impacting inflation. Traders will also monitor earnings reports this week from companies such as Under Armour and Cisco ....
US stock indexes ended the week higher as breakthroughs in U.S.-Iran peace negotiations sent a wave of optimism through risk-driven markets. Supported by a bullish Wall Street lead and a rally in semiconductor stocks following blockbuster earnings from AMD ( AMD ), regional indexes capitalized on easing geopolitical tensions in the Middle East. However, on Friday fresh strikes between Iran and the...
US stock indexes ended the week higher as breakthroughs in U.S.-Iran peace negotiations sent a wave of optimism through risk-driven markets. Supported by a bullish Wall Street lead and a rally in semiconductor stocks following blockbuster earnings from AMD ( AMD ), regional indexes capitalized on easing geopolitical tensions in the Middle East. However, on Friday fresh strikes between Iran and the US added to risks of energy shortages. Out of the 125 S&P 500 companies that reported earnings this week , 110 of them beat EPS estimates, while 100 of those names surpassed revenue expectations. For the week, the S&P 500 ( SP500 ) and Nasdaq ( COMP:IND ) rose 2.3% and 4.4% respectively, while Dow ( DJI ) booked a 0.6% uptick. Across the Atlantic, the European equities ( STOXX ) ended the week 0.1% higher. On the data front, retail sales in the eurozone fell for a third straight month in March, while business activity contracted in April as the region’s composite PMI dropped below expectations. The UK’s composite PMI rose in April, beating expectations and signalling renewed momentum in private-sector economic activity. In the week, London’s FTSE 100 ( UKX ) and Germany ( DAX:IND ) equities fell 1.4% and 0.1%, respectively, while France ( CAC:IND ) markets added 0.3%. Major corporate news from Europe this week: Shell ( SHEL ) reported its best quarterly earnings in two years, as the Middle East war boosted trading profits and drove up energy prices, prompting it to raise the dividend by 5%, but the company warned of lower natural gas production due to the conflict. Shell also cut its quarterly share buyback program to $3B from $3.5B to preserve cash for its balance sheet. Novo Nordisk ( NVO ) beat first-quarter profit forecasts and nudged up its full-year outlook, helped by stronger-than-expected sales of its new weight-loss pill in the United States. HSBC Holdings ( HSBC ) reported that higher credit losses adversely impacted first-quarter profit at the London-based bank...
US equity futures declined while the dollar rose against most major peers in early trading after President Donald Trump rejected Iran’s response to his latest proposal to end the war, likely prolonging the closure of the Strait of Hormuz. S&P 500 futures contracts fell 0.3% in early Asia trading. The dollar climbed against major peers, with the pound among the laggards as UK Prime Minister Keir St...
US equity futures declined while the dollar rose against most major peers in early trading after President Donald Trump rejected Iran’s response to his latest proposal to end the war, likely prolonging the closure of the Strait of Hormuz. S&P 500 futures contracts fell 0.3% in early Asia trading. The dollar climbed against major peers, with the pound among the laggards as UK Prime Minister Keir Starmer came under pressure to step aside after poor local election results. Brent crude rose 2.7% at the open on Monday. Iran offered to transfer some of its stockpile of highly enriched uranium to a third country in its response to an earlier US proposal to end 10-weeks of war, but rejected the idea of dismantling its nuclear facilities, the Wall Street Journal reported . Iran disputed the report, according to Iran’s semi-official news agency Tasnim. Trump called the Iranian response “TOTALLY UNACCEPTABLE”. “Trump’s rejection of Iran’s latest peace plan sees the week beginning in a ‘risk-off’ mode, reversing some of the price action we saw last week,” said Jason Wong , a strategist at Bank of New Zealand. “This can extend in early trading.” It’s a reality check for investors that have rode a scorching run of market momentum after a solid US earnings season and signs the world’s largest economy remains resilient in the face of energy stress triggered by the Iran war. Global stocks surged last week, pushing the S&P 500, Nasdaq 100 and a gauge of Asian equities to fresh record amid optimism over Artificial Intelligence. Across markets, the success of the momentum strategy — piling into recent winners, effectively — has become a defining feature. Junk bonds and crypto have been drawn in, and one momentum index in equities closed Friday near the highest since the global financial crisis. Barclays Plc strategists say the trade has reached extremes that historically foreshadowed selloffs. At Goldman Sachs Group Inc., the trading desk wrote last week that valuations for high-moment...