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Dow Nears 50,000 Points
The Wall Street Journal102d agoneutral
Dow Nears 50,000 Points

The Dow Jones Industrial Average is now up more than 10% from its recent low on March 27, rising 1.24% on Wednesday to close 612 points higher. The benchmark ended the day just under the 50,000-point milestone.

Associated Press102d agoneutral
How major US stock indexes fared Wednesday 5/6/2026

Oil prices sank, and stock markets burst higher worldwide with hopes that a deal is nearing to allow tankers to deliver crude from the Persian Gulf again. The price for a barrel of Brent fell below $102 Wednesday. On Wall Street, the S&P 500 climbed 1.5% and reached another record.

Review & Preview: Earnings in Focus
Barrons.com103d agoneutral
Review & Preview: Earnings in Focus

With the Iran cease-fire still seemingly intact, oil prices retreated today, giving the market some room to run. The tech-heavy Nasdaq Composite rose 1%, while the The S&P 500 gained 0.8%. While there has been no real uptick in traffic through the Strait of Hormuz, the fact that the cease-fire remains in effect was enough to temper oil prices on Tuesday.

Associated Press103d agoneutral
How major US stock indexes fared Tuesday 5/5/2026

The U.S. stock market rallied to more records after an easing of oil prices let Wall Street turn its focus back to the big profits that companies keep producing. The Dow Jones Industrial Average added 0.7%, and the Nasdaq composite gained 1%. Stocks got a boost after oil prices gave back much of their big jumps from Monday, and Brent crude fell 4%.

Ferrari Stock Falls After Earnings Beat. It Can’t Swerve the Iran War.
Barrons.com103d agobearish
Ferrari Stock Falls After Earnings Beat. It Can’t Swerve the Iran War.

Ferrari beat analysts’ earnings targets and stuck with its full-year guidance on Tuesday, even though the war in the Middle East disrupted deliveries over the first quarter. Ferrari shipped 3,436 cars over the first quarter, down 157 from the same period a year ago. Shipments for Europe, the Middle East, and Africa fell by 243 from a year ago to 1,458.

Markets Rebound, Shrugging Off Iran Tensions Amid Solid Earnings
Barrons.com103d agoneutral
Markets Rebound, Shrugging Off Iran Tensions Amid Solid Earnings

Stocks were set to edge higher on Tuesday as investors looked past rising tensions in the Middle East and took the opportunity to buy the dip in equities following another batch of solid earnings reports. S&P 500 futures added 0.3% and contracts tied to the tech-heavy Nasdaq 100 gained 0.5%. The three major indexes all dropped on Monday after the United Arab Emirates said Iran was attacking it with missiles, sparking fears that the Middle East conflict could escalate after weeks of relative calm.