Dow Jones Top Markets Headlines at 7 PM ET: The Iran War FOMO Trade Is Sending Stocks Surging | Global ...

Dow Jones04-02

The Iran War FOMO Trade Is Sending Stocks Surging

Traders have piled into markets, turbocharging a two-day rally in the S&P 500.

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Global oil prices fall on de-escalation 'vibes', but hold above $100 on mixed signals

President Donald Trump and Iranian President Masoud Pezeshkian have both suggested the conflict could end soon.

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Americans Kept Spending in February as Retail Sales Beat Expectations

Retail sales rose 0.6% from January, beating the 0.4% increase economists polled by FactSet had forecast.

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Trump Expected to Overhaul Steel, Aluminum Tariffs

Altered rates on finished products made with the metals would simplify compliance, but could effectively raise costs for many imports.

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U.S. Lifts Sanctions on Venezuela's Leader, Opening Door to Deals

The Treasury Department removed Delcy Rodríguez from its sanctions list, easing the path to fresh American investments.

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Private-Sector Job Growth Steady in March

ADP's latest monthly data showed the economy added 62,000 private-sector jobs last month, down slightly from the 66,000 measured by ADP in February.

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ISM Manufacturing Survey Shows Rising Price Pressures

Factory activity expanded in the U.S. in March, but the latest monthly reading from the Institute for Supply Management flashed a strong warning that inflation is resurgent amid the war in Iran.

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Bank of Canada Faces Dilemma in Response to War-Fueled Energy-Price Surge, Minutes Say

Senior Bank of Canada officials said they face difficult decisions in the coming months about supporting a sputtering economy while keeping inflation low and stable amid a surge in energy prices.

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U.S. Crude Oil Supplies Post Sixth Straight Weekly Build

U.S. crude-oil inventories rose more than expected in a sixth consecutive weekly increase, while gasoline and distillate stocks fell.

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U.A.E. Wants to Force Hormuz Open and Is Willing to Join the Fight

The Gulf state has begun a campaign to persuade the U.S. and allies in Europe and Asia to open the waterway by any means necessary.

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The Economy Is on the Edge. What Could Tip It Over, or Help It Pull Through.

The economy has several vulnerabilities that could erupt as high oil prices bite.

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EU to Relax Emissions Trading System as Impact of War Threatens Industry

The proposal comes after President Von der Leyen said the bloc's emissions-trading system needed to be modernized and made more flexible.

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Eurozone Unemployment Inched Up in February Ahead of Energy Price Surge

Unemployment in the 21-nation currency area rose to 6.2% in February, from the all-time low of 6.1% in January.

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What Banks Stand to Lose From the Private-Credit Mess

Potential losses from loans to private-credit funds aren't the only concern.

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Europe's Central Banks Undecided on Need for Rate Rises

Central bank officials have cautioned against treating rate rises as inevitable, despite investor expectations and eurozone inflation rising to 2.5% in March.

 

(END) Dow Jones Newswires

April 01, 2026 19:00 ET (23:00 GMT)

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