Today: 23 May 2026
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Oil Prices 23 April 2026 - 29 April 2026

Dow Drops as Fed Split and Oil Surge Put Big Tech’s $10 Trillion AI Test on the Line

Dow Drops as Fed Split and Oil Surge Put Big Tech’s $10 Trillion AI Test on the Line

Wall Street’s April rally paused Wednesday as the Fed held rates steady in a split decision and oil surged, with Brent crude up 7.34%. The Dow fell 0.56%, S&P 500 slipped 0.04%, and Nasdaq edged up 0.05%. The Fed’s vote was its most divided since 1992, with eight officials backing the hold and one calling for an immediate cut. Investors awaited earnings from Microsoft, Alphabet, Amazon, and Meta.
Dow Jones Today: Why the Blue-Chip Index Is Sliding Before Powell, Big Tech and the Oil Shock

Dow Jones Today: Why the Blue-Chip Index Is Sliding Before Powell, Big Tech and the Oil Shock

The Dow Jones Industrial Average dropped 320 points, or 0.65%, to 48,821.82 Wednesday afternoon, heading for a fifth straight loss as investors awaited the Federal Reserve’s rate decision and major tech earnings. Brent crude surged 7.14% to $119.20 after reports of a possible extended Iran blockade. Boeing and Goldman Sachs weighed on the Dow, while Amazon rose and Microsoft slipped in midday trading.
US Stock Market Today: Nasdaq Slides as AI Selloff Hits Nvidia, Fed and Oil Risks Loom

US Stock Market Today: Nasdaq Slides as AI Selloff Hits Nvidia, Fed and Oil Risks Loom

The Nasdaq fell 1.44% by midday Tuesday, underperforming the S&P 500 and Dow, after a Wall Street Journal report said OpenAI missed internal targets. Nvidia, AMD, and Oracle dropped sharply as investors questioned AI spending. Brent crude rose above $110 a barrel amid Middle East tensions. The S&P 500 information technology sector lost 2.2%.
Stock Market Today: Nasdaq Futures Sink as OpenAI Jolt and $110 Oil Threaten Record Rally

Stock Market Today: Nasdaq Futures Sink as OpenAI Jolt and $110 Oil Threaten Record Rally

Nasdaq 100 futures fell 1.27% before Tuesday’s open after a Wall Street Journal report said OpenAI missed internal targets, sending AI-linked stocks lower. Oracle dropped 7.7% premarket, CoreWeave fell 7.4%, and SoftBank closed down nearly 10% in Tokyo. Brent crude rose above $111 a barrel on Middle East supply risks. S&P 500 futures slipped 0.68%, while Dow futures edged up 0.17%.
US Stock Market Today: Futures Slip as $110 Oil and AI Jitters Test Wall Street’s Record Run

US Stock Market Today: Futures Slip as $110 Oil and AI Jitters Test Wall Street’s Record Run

Nasdaq 100 futures fell 0.7% and S&P 500 futures dropped 0.3% early Tuesday, pressured by rising oil prices and renewed concerns over AI stocks. Brent crude climbed to $111.20 a barrel after U.S. officials rejected Iran’s proposal on its nuclear program. Oracle fell 4.6% pre-market after reports OpenAI missed internal targets. UPS dropped 3% after reporting a 28% profit decline.
Australia Stock Market Today: ASX 200’s Six-Day Slide Deepens as Oil Shock Puts RBA in Focus

Australia Stock Market Today: ASX 200’s Six-Day Slide Deepens as Oil Shock Puts RBA in Focus

The S&P/ASX 200 dropped 0.64% to 8,710.7 on Tuesday, its lowest close since April 2 and sixth straight loss. Energy stocks rose as oil neared $110 a barrel, but consumer discretionary, utilities, and tech shares fell sharply. Investors await March inflation data due Wednesday, with the RBA’s next policy meeting set for May 5. The Australian dollar traded near 71.64 U.S. cents.
US Stock Futures Slip Before The Bell As Oil Spike Tests Record S&P 500 Rally

US Stock Futures Slip Before The Bell As Oil Spike Tests Record S&P 500 Rally

Nasdaq 100 futures fell 0.40% and S&P 500 E-mini futures slipped 0.13% early Tuesday, while Dow futures edged up 0.08%, as rising oil prices and stalled U.S.-Iran talks weighed on markets. The S&P 500 and Nasdaq closed at record highs Monday. Brent and U.S. crude held above pre-war levels with the Strait of Hormuz mostly shut. Investors await a Federal Reserve decision and major tech earnings this week.
US Stock Market Today: Wall Street Stalls as Oil Shock Puts Big Tech Rally on the Line

US Stock Market Today: Wall Street Stalls as Oil Shock Puts Big Tech Rally on the Line

The S&P 500 was little changed Monday, while the Dow and Nasdaq slipped after recent record highs. Brent crude rose about 3% to $108.46 a barrel as U.S.-Iran talks stalled and Strait of Hormuz shipments stayed limited. Microsoft shares dipped after OpenAI ended its exclusive AI access, while Nvidia gained, reclaiming a $5 trillion market value. Major tech earnings and a Federal Reserve meeting are due this week.
27 April 2026
Nasdaq Pullback Deepens As AI Rally Runs Into Big Tech Earnings, Fed Decision And Oil Shock

Nasdaq Pullback Deepens As AI Rally Runs Into Big Tech Earnings, Fed Decision And Oil Shock

The Nasdaq Composite fell 0.4% to 24,738.40 Monday after hitting a record, as investors braced for major Big Tech earnings and tracked new OpenAI-linked AI deals. Brent crude jumped 2.44% to $107.90 following stalled U.S.-Iran talks. Microsoft shares dipped after OpenAI ended its exclusive cloud partnership. Qualcomm rose on reports of OpenAI smartphone chip plans.
US Stock Futures Today: Oil Spike Tests Wall Street Rally Before Fed and Big Tech Earnings

US Stock Futures Today: Oil Spike Tests Wall Street Rally Before Fed and Big Tech Earnings

U.S. stock futures slipped early Monday as oil prices jumped nearly 3% following stalled U.S.-Iran talks, with Brent crude hitting $108.5 a barrel. Dow E-minis fell 0.13%, S&P 500 E-minis dropped 0.08%, and Nasdaq 100 E-minis edged down 0.05%. Investors await major tech earnings and a Federal Reserve rate decision this week. 81.3% of S&P 500 firms reporting so far have beaten profit estimates.
Australia Stock Market Today: ASX 200 Falls For Fifth Day As Oil Shock Hits Banks, Origin

Australia Stock Market Today: ASX 200 Falls For Fifth Day As Oil Shock Hits Banks, Origin

Australia’s S&P/ASX 200 fell 20.1 points, or 0.23%, to 8,766.40 on Monday, marking a fifth straight loss as energy, utilities, and banks declined. Origin Energy dropped 5.25% after weaker LNG revenue, while Atlas Arteria jumped on a takeover offer from IFM. Nine of 11 sectors fell. The Australian dollar traded near 71.61 U.S. cents late in the session.
UK Stock Market Today: FTSE 100 Slips as Oil Jump Puts BoE Week in Focus

UK Stock Market Today: FTSE 100 Slips as Oil Jump Puts BoE Week in Focus

Britain’s FTSE 100 slipped 0.30% to 10,348.26 by 09:09 BST Monday as higher oil prices and stalled U.S.-Iran talks weighed on sentiment ahead of key central bank meetings. Brent crude rose over 2% to $107.97 a barrel. Sainsbury’s shares dropped more than 3% after downgrades from Goldman Sachs and Citigroup. Intertek declined after rejecting a takeover bid from EQT; Whitbread rose on asset sale speculation.
3M Stock Rises After Profit Beat as Oil Costs Test 2026 Turnaround

3M Stock Rises After Profit Beat as Oil Costs Test 2026 Turnaround

3M shares rose 0.79% to $145.99 Friday after first-quarter adjusted earnings beat estimates at $2.14 a share on $6.0 billion in sales. The company warned of a $125 million annual oil-cost hit but kept its 2026 earnings forecast unchanged. Safety and industrial sales climbed 3.2%, while consumer sales dropped 1.3%. 3M completed the sale of its precision grinding and finishing business in April.
Oil Price Today: Brent Nears $107 as Hormuz Tensions Hit US and World Markets

Oil Price Today: Brent Nears $107 as Hormuz Tensions Hit US and World Markets

Brent crude rose above $106 a barrel and WTI neared $97 on Friday as renewed military tension in the Strait of Hormuz drove oil toward weekly gains of over 15%. U.S. crude inventories increased by 1.9 million barrels, but gasoline and distillate stocks fell sharply. President Trump ordered U.S. forces to target Iranian boats after new confrontations in the strait. Talks between Washington and Tehran remain stalled.
24 April 2026
US Stock Market Today: Nasdaq Futures Ride Intel Rally as Oil Shock Keeps Dow Under Pressure

US Stock Market Today: Nasdaq Futures Ride Intel Rally as Oil Shock Keeps Dow Under Pressure

Nasdaq 100 futures rose 172 points early Friday, driven by Intel’s strong forecast, while Dow futures slipped 58 points as oil prices climbed above $105 a barrel amid ongoing tensions in the Strait of Hormuz. Intel shares jumped 19% after projecting second-quarter revenue above estimates. The S&P 500 software and services index fell 5.09% Thursday, its steepest drop since January. Consumer sentiment data is due at 10 a.m. ET.
ASX 200 Falls Again as Oil Shock Splits Australia Stock Market Before RBA Test

ASX 200 Falls Again as Oil Shock Splits Australia Stock Market Before RBA Test

Australian shares fell for a fourth straight session Friday, with the S&P/ASX 200 down 0.1% to 8,786.5. Suncorp rose 4.9% after announcing new reinsurance cover, while IGO plunged 17.3% on lower production guidance for Greenbushes spodumene. Brent crude traded above $105 a barrel amid Strait of Hormuz tensions. Investors favored energy and utilities as basic materials and real estate lagged.
FTSE 100 Falls Today as Oil Surge and Trump Tariff Threat Shake London Stocks

FTSE 100 Falls Today as Oil Surge and Trump Tariff Threat Shake London Stocks

The FTSE 100 fell 0.35% to 10,419.95 in early London trading after four losing sessions, pressured by higher oil prices and new U.S. tariff threats. Brent crude traded above $105 as the U.S.-Iran standoff continued. UK March retail sales rose 0.7%, but most gains came from fuel buying. BP and Shell rose, while Mondi dropped 5.44% after reporting a 27% profit decline.
US Stock Market Today: S&P 500, Nasdaq Stall Near Records as Oil Above $100 Clouds Wall Street

US Stock Market Today: S&P 500, Nasdaq Stall Near Records as Oil Above $100 Clouds Wall Street

The S&P 500 and Nasdaq slipped from record highs by late morning Thursday, with the Dow down 99.59 points, or 0.20%. Brent crude traded above $103 a barrel as Strait of Hormuz disruptions persisted. IBM, Tesla, and Lockheed Martin fell after earnings, while Texas Instruments surged 18.4%. Weekly U.S. jobless claims rose to 214,000; business activity expanded but inflation pressures remained.
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Stock Market Today

  • Nifty Set for Sideways Trend Amid Weak Market Breadth: Sudeep Shah
    May 23, 2026, 3:52 AM EDT. The Nifty index edged up 0.27% to 23,719.30, supported by financial stocks but capped by profit booking in pharma and healthcare sectors. SBI Securities' Sudeep Shah highlighted a continued narrow trading range with weak momentum indicators like the relative strength index (RSI) and average directional index (ADX), reflecting market indecision. Market breadth is notably weak, with gains restricted to select stocks and sectors largely consolidating, signaling limited broad participation. Shah expects the Nifty to remain range-bound between 23,350-23,900 until a clear breakout occurs, with key resistance at 23,850-23,900 and support near 23,350-23,400. This restrained movement suggests sideways trends will dominate near-term market action.

Latest articles

Dow Hits Record Close; All Eyes Turn to Holiday-Week Trading

Dow Hits Record Close; All Eyes Turn to Holiday-Week Trading

23 May 2026
The Dow closed at a record 50,579.70 on Friday, while the S&P 500 notched its eighth straight weekly gain. After-hours trading saw SPY, QQQ, DIA, and IWM all move lower. U.S. markets will be closed Monday for Memorial Day. Investors await Thursday’s inflation data.
IREN Stock Pauses as Nvidia Rally Cools Before Holiday

IREN Stock Pauses as Nvidia Rally Cools Before Holiday

23 May 2026
IREN shares fell 2.1% to $56.83 Friday, ending a two-day rally but closing the week up 7.4%. The stock’s moves follow a $3.4 billion AI cloud deal with Nvidia and a $3 billion convertible note offering. March-quarter revenue dropped to $144.8 million, with a net loss of $247.8 million. U.S. markets close Monday for Memorial Day; trading resumes Tuesday.
AXT stock reaches record; investors weigh risk to rally

AXT stock reaches record; investors weigh risk to rally

23 May 2026
AXT shares jumped 16.37% to $140.83 on Friday, hitting a 52-week high and trading above all recent analyst targets. The surge followed strong demand for AI-linked optical networking hardware and a sharp rise in indium phosphide orders. First-quarter revenue climbed to $26.9 million, with gross margin turning positive. Management forecast Q2 profitability and a backlog over $100 million.
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