business
Stocks rally, while oil and dollar ease on Middle East peace hopes
Key takeaways
- Stocks rally, while oil and dollar ease on Middle East peace hopes By Nell Mackenzie and Ankur Banerjee Mon, May 25, 2026 at 4:01 PM GMT+7 4 min read DX-Y.NYB CL=F By Nell Mackenzie and Ankur Banerjee
- LONDON/SINGAPORE, May 25 (Reuters) - Stocks surged on Monday, while the U.S.
- President Donald Trump said on Sunday he had told his representatives not to rush into any deal with Iran and his administration played down hopes of an imminent breakthrough.
Stocks rally, while oil and dollar ease on Middle East peace hopes By Nell Mackenzie and Ankur Banerjee Mon, May 25, 2026 at 4:01 PM GMT+7 4 min read DX-Y.NYB CL=F By Nell Mackenzie and Ankur Banerjee
LONDON/SINGAPORE, May 25 (Reuters) - Stocks surged on Monday, while the U.S. dollar and oil prices slid as the prospect of a deal to end the Iran war buoyed risk appetite, although a lack of clarity over when the Strait of Hormuz would open kept enthusiasm in check.
The nearly three-month-long conflict in the Middle East has driven energy prices sharply higher and reshaped the global rates outlook, as inflation concerns intensify following Tehran s effective shutdown of the key strait.
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Also covered by
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop