Finance
US Stocks Fall as Oil Jumps, Iran Tensions Rise Before Earnings
US equities were mostly lower amid volatile trading on Wednesday as oil prices surged and a standoff between the US and Iran escalated after US President Donald Trump rejected an Iran proposal to reopen the Strait of Hormuz. Investors also braced for earnings reports from four megacap companies late
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Bloomberg
April 29, 2026·1 min read
Image: Bloomberg
US equities were mostly lower amid volatile trading on Wednesday as oil prices surged and a standoff between the US and Iran escalated after US President Donald Trump rejected an Iran proposal to reopen the Strait of Hormuz. Investors also braced for earnings reports from four megacap companies later in the day.
Original article
US Stocks Fall as Oil Jumps, Iran Tensions Rise Before Earnings
Published by Bloomberg