Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Wall Street posts best rally in 2 months after Trump halts strikes on Iran
US stocks rallied to their best day in two months, and oil prices fell Thursday after President Donald Trump called off his threat to bomb Iran in the evening. That raised hopes for a potential deal that could get the global flow of oil going again. The S&P 500 jumped 1.8%, coming off a back-to-back drop that had yanked it back to where it was in early May. The Dow Jones Industrial Average leaped 929 points, or 1.9%, and the Nasdaq composite rallied 2.5%. Stocks immediately veered higher in midday trading after Trump said on his social media network that "discussions with the Islamic Republic of Iran have been brought to the highest level of Iranian leadership and approved" and that the time and place of a signing will "be announced shortly." A deal to end the war with Iran could reopen the Strait of Hormuz and allow oil tankers to carry crude again from the Persian Gulf to customers worldwide. The price for a barrel of benchmark US crude sank 2.6% to $87.71. Brent crude, the ...
Media Matrix Worldwide Ltd leads gainers in 'B' group
Gandhar Oil Refinery (India) Ltd, HB Estate Developers Ltd, Raymond Realty Ltd and Handson Global Management (HGM) Ltd are among the other gainers in the BSE's 'B' group today, 06 May 2026.