Brent crude surged to $109 a barrel on Friday and the S&P 500 fell 0.88 percent as Trump rejected a proposed framework to ease tensions with Iran.
Tag: equities
Posted inMarkets
US stocks reach records even as the Middle East rattles global supply chains
The S&P 500 has hit new highs in 2026 driven by AI-linked earnings growth, with large-cap tech outperforming across the board while commodities and credit spreads reflect the risk of a longer supply chain disruption from the Iran conflict.