Oil Prices Drop Below $100 as Trump Fuels Iran Peace Hopes
Brent crude and WTI futures were falling early Thursday amid positive noises about a U.S.-Iran peace deal.
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U.S. Stocks Extend Recent Rally
U.S. stocks rose modestly, as strength in AI shares and an ongoing slide in oil prices helped to lift investors' mood.
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U.S Jobless Claims Rose Last Week
U.S. jobless claims rose last week but remained relatively low as employers held back from widespread layoffs despite economic uncertainty tied to the war in Iran.
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Eurozone Retail Sales Soften as Shoppers Feel Energy Pinch
Falling consumer sentiment points to a broader weakening of demand in the sector over coming months.
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Iran, U.S. Working on Talks to End Fighting
Trump says Tehran agrees not to have nuclear weapon, but threatens new strike.
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German Factory Orders Jumped in First Month of Iran Conflict
Orders rose sharply in March, a sign that businesses might have been building stocks in response to fears of disruption to supplies and higher prices.
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ECB's Next Move Should Be Guided by the Data, Not the Date, Villeroy Says
The European Central Bank can't commit to a rate rise in June and its decisions will instead be driven by evidence of changes in the economy, the Bank of France governor said.
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Sweden's Riksbank and Norway's Norges Bank Take Diverging Paths
Norges Bank lifted its key policy rate to 4.25% from 4%, seeking to put a lid on elevated inflation amid an uncertain outlook sparked by the Iran war, while Sweden kept its rate the same.
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Malaysia Central Bank Holds Steady as It Gauges Mideast War Impact
The central bank noted uncertainties arising from the ongoing Middle East conflict, saying the economic impact will depend on how the situation develops.
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Jet-Fuel Prices Are Spiking and Trump's Advisers Are Worried
Administration officials have spoken to the airline industry, which has voiced concerns about the rising costs.
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One Blue Owl fund cuts dividend as another sold half its SpaceX stake before IPO
Two private-credit funds run by Blue Owl Capital reported lower net asset values, with one reducing its dividend.
(END) Dow Jones Newswires
May 07, 2026 11:00 ET (15:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
