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Asian markets are mixed and oil is steady after Wall Street hits records

Asian markets are mixed and oil is steady after Wall Street hits records

Shares are mixed in Asia after U.S. stocks set more records, powered by strong profits for major companies
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Stocks edge up in Asia, oil flat amid Middle East uncertainty

Stocks edge up in Asia, oil flat amid Middle East uncertainty

By Wayne Cole SYDNEY, May 4 (Reuters) - Shares edged higher while oil prices flatlined in Asia on Monday, as investors drew comfort from signs of patchy progress in settling the Middle East conflict at the start of a week packed with earnings and key economic data.
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President Trump Announces 'Project Freedom' to Aid Neutral Ships in Strait of Hormuz

President Trump Announces 'Project Freedom' to Aid Neutral Ships in Strait of Hormuz

President Trump has announced a new initiative, dubbed 'Project Freedom,' aimed at assisting neutral and civilian ships trapped in the Strait of Hormuz due to ongoing conflicts in the region. The initiative is set to commence on Monday and focuses on ensuring the safe passage of ships flagged by countries not involved in the Middle Eastern conflict. The President emphasized that this effort is a humanitarian gesture to help countries and companies that are not part of the dispute but have been affected by the closure of the strait. Trump also mentioned that the U.S. is engaged in positive discussions with Iran, which could lead to favorable outcomes. The initiative underscores the U.S.'s commitment to maintaining open and safe navigation routes for international shipping.
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Wall Street mixed with most markets closed for May Day; US crude holds steady at $104 a barrel

Wall Street mixed with most markets closed for May Day; US crude holds steady at $104 a barrel

Markets on Wall Street were mixed in light trading and oil prices held steady with no major developments in the Iran war
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World shares are mixed with most markets closed for May Day, while oil holds steady at $111 a barrel

World shares are mixed with most markets closed for May Day, while oil holds steady at $111 a barrel

Shares are mixed in Europe and Asia, with most markets closed for May Day holidays
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Morning Bid: Never mind the oil, feel the earnings!

Morning Bid: Never mind the oil, feel the earnings!

May 1 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. Another day when investors in Asia feel slightly foolish for thinking things in the world were going badly, only for the U.S. to come in and buy stocks like drunken sailors.
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Stock Market Surges Despite Ongoing Iran War and Inflation Concerns

Stock Market Surges Despite Ongoing Iran War and Inflation Concerns

Stock Market Surges Despite Ongoing Iran War and Inflation Concerns
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Morning Bid: So much news, so little time

Morning Bid: So much news, so little time

By Anna Szymanski May 1 (Reuters) - Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers!  This week promised to be one of the year’s most eventful thus far – and it lived up to the billing.
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S&P 500, Dow futures inch up after Wall Street's best month in years

S&P 500, Dow futures inch up after Wall Street's best month in years

May 1 (Reuters) - S&P 500 and Dow futures ticked higher on Friday, after the indexes posted their biggest monthly gain in years, as a string of strong earnings offset concerns around a historic supply shock in oil markets.
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Apple leads Wall Street to more records as oil prices pull back

Apple leads Wall Street to more records as oil prices pull back

The U.S. stock market set more records after Apple, Estee Lauder and others joined the list of companies delivering fatter profits for the start of the year than analysts expected
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US stocks rally could find fuel in earnings, jobs data amid surging oil prices

US stocks rally could find fuel in earnings, jobs data amid surging oil prices

By Lewis Krauskopf NEW YORK, May 1 (Reuters) - Investors will look for another batch of earnings reports and fresh employment data to drive a resilient U.S. stocks rally higher next week, in the face of spiking oil prices and a more hawkish Federal Reserve.
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Wall Street climbs toward more records as oil prices give back a bit of their big jumps

Wall Street climbs toward more records as oil prices give back a bit of their big jumps

The U.S. stock market is rising toward more records after Apple, Estee Lauder and other big companies became the latest to deliver fatter profits for the start of the year than analysts expected