U.S. stocks surged on the final trading day of April, with the S&P 500 closing above 7,200 for the first time and the Dow jumping nearly 800 points, as all three major indices posted their biggest monthly gains since 2020.
Apple reports Q2 FY2026 results with $111.2B in revenue, up 17% year-over-year, services revenue reaches a record $31B, and announces an additional $100B share buyback program, beating Wall Street expectations.
US Commerce Department reports Q1 2026 GDP grew at a 2.0% annualized rate, rebounding from a weak Q4, driven by massive AI sector investment and recovering government spending, though consumer spending slowdown and rising core PCE raise inflation concerns.
U.S. officials reveal the Iran war’s true cost is closer to $50 billion, roughly double the Pentagon’s public estimate of $25 billion, as oil prices surge to a four-year high.
Brent crude briefly surged above $126 per barrel, the highest since 2022, after reports the US military will brief Trump on new strike options against Iran.
Brent crude surged to over $126 a barrel, the highest since Russia’s 2022 invasion of Ukraine, after reports the US military will brief Trump on new plans for potential strikes on Iran.
International oil prices briefly exceeded $126 per barrel, the highest level since 2022, driven by escalating US-Iran tensions and concerns over the Strait of Hormuz.
The Bank of England’s Monetary Policy Committee votes to hold the base rate at 3.75%, but warns that energy price shocks from the Iran conflict could force rate hikes within the year.
Brent crude surges past $126 per barrel to a four-year high as US-Iran tensions escalate; Pentagon estimates Iran war cost at $25 billion.
International oil prices surged to their highest level since 2022 after President Trump warned the naval blockade against Iran could last months, as the US seeks international coalition to reopen the Strait of Hormuz.