Wall Street hit fresh highs as the S&P 500, Dow, and Nasdaq all posted strong gains.
Wage growth cooled to its lowest since late 2020 as policymakers stay cautious.
Oil jumped while stocks slipped from recent highs
Crude spiked after a U.S. ship seizure escalated Iran tensions.
The dollar’s safe-haven appeal is fading as Wall Street sentiment turns cautious.
Wall Street posted record profits while cutting jobs.
The IMF says the Iran conflict stalled global growth and pushed inflation higher.
Brent crude briefly crossed $100 before settling near $99, as oil volatility faded quickly.
Failed talks pushed global bond yields higher as inflation fears returned.
Emerging markets rallied as investors bet on progress in peace talks.
Goldman sees oil topping $100 if a Hormuz blockade drags on.
Stocks fell while oil rose on doubts around a U.S.-Iran deal.
