Shares are higher in Asia, though most markets in the region are closed for May Day holidays. Brent crude's price held steady at about $111 per barrel. On Thursday, the U.S stock market zoomed to more records, lifted by strong profit reports for many companies including Alphabet, owner of Google and YouTube.
Analysis: Why Iran’s oil industry is increasingly threatened by US blockade3 family members assaulted Turning Point USA journalist at Minnesota protest, indictment saysWorld's tallest basketball player, 7-foot-9 Olivier Rioux, signs with UC IrvineBanksy confirms a new statue in central London of a man blinded by a flag is his workKey inflation gauge jumps to highest level in 3 years as Iran war spikes gas pricesNipper, stay!
The future of a beloved dog statue on a New York warehouse is up in the air1 million bees make for bumper-to-buzzer traffic on a Tennessee highway rampWhy the workouts of Formula 1 drivers might help computer users with 'tech neck'Robots have caught up to humans in the half marathon. This photo proves itSolar ranch in Tennessee aims to prove grazing cattle under the panels is a farmland win-winPush for raw milk intensifies across the US, despite illness outbreaks and scientists' warningsTrump administration appeals court order in effort to cut vaccine recommendations for kidsOne Tech Tip: Don't use rice for your device.
Here's how to dry out your smartphoneStir well, slap lightly. Tips for making a mint julep worthy of the Kentucky DerbyPope prays with Archbishop of Canterbury Sarah Mullally in historic encounter, vows dialogueLíder supremo iraní dice que Teherán protegerá sus"capacidades nucleares y de misiles"
The future of a beloved dog statue on a New York warehouse is up in the air1 million bees make for bumper-to-buzzer traffic on a Tennessee highway rampWhy the workouts of Formula 1 drivers might help computer users with 'tech neck'Robots have caught up to humans in the half marathon. This photo proves itSolar ranch in Tennessee aims to prove grazing cattle under the panels is a farmland win-winPush for raw milk intensifies across the US, despite illness outbreaks and scientists' warningsTrump administration appeals court order in effort to cut vaccine recommendations for kidsOne Tech Tip: Don't use rice for your device.
Here's how to dry out your smartphoneStir well, slap lightly. Tips for making a mint julep worthy of the Kentucky DerbyPope prays with Archbishop of Canterbury Sarah Mullally in historic encounter, vows dialogueLíder supremo iraní dice que Teherán protegerá sus"capacidades nucleares y de misiles"FIL:E - The New York Stock Exchange is shown in New York’s Financial District on Dec. 23, 2024.
A person walks in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Thursday, April 30, 2026, in Tokyo. A person stands in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Thursday, April 30, 2026, in Tokyo. Specialist Anthony Matesic works at his post on the floor of the New York Stock Exchange, Thursday, April 30, 2026.
From left, NASA’s Artemis II astronauts Reid Wiseman, Christina Koch, Victor Glover, and Jeremy Hansen watch a replay of their ringing of the closing bell at the Nasdaq MarketSite, in New York’s Times Square, Thursday, April 30, 2026. FIL:E - The New York Stock Exchange is shown in New York’s Financial District on Dec. 23, 2024.
FIL:E - The New York Stock Exchange is shown in New York’s Financial District on Dec. 23, 2024. A person walks in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Thursday, April 30, 2026, in Tokyo. A person walks in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Thursday, April 30, 2026, in Tokyo.
A person stands in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Thursday, April 30, 2026, in Tokyo. A person stands in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Thursday, April 30, 2026, in Tokyo. Specialist Anthony Matesic works at his post on the floor of the New York Stock Exchange, Thursday, April 30, 2026.
Specialist Anthony Matesic works at his post on the floor of the New York Stock Exchange, Thursday, April 30, 2026. From left, NASA’s Artemis II astronauts Reid Wiseman, Christina Koch, Victor Glover, and Jeremy Hansen watch a replay of their ringing of the closing bell at the Nasdaq MarketSite, in New York’s Times Square, Thursday, April 30, 2026.
From left, NASA’s Artemis II astronauts Reid Wiseman, Christina Koch, Victor Glover, and Jeremy Hansen watch a replay of their ringing of the closing bell at the Nasdaq MarketSite, in New York’s Times Square, Thursday, April 30, 2026. Brent crude’s price held steady at $111.66 per barrel while U.S. benchmark crude oil added 46 cents to $105.53 a barrel.r remained clouded as Iran’s supreme leader said it will protect its nuclear and missile capabilities as a national asset.
In Tokyo, the Nikkei 225 gained 0.7% to 59,687.65 as the Japanese yen gained against the U.S. dollar. The dollar bought 157.16 yen, up from 156.61 yen late Thursday. But that was well below the 160 yen level hit on Thursday. , Caterpillar and other big businesses.
The gains came after the latest whipsaw moves for oil prices, which surged toward their highest levels since the war with Iran began only to quickly regress.to close out its best month in more than five years. It closed at 7,209.01. The Dow Jones Industrial Average leaped 1.6% to 49,652.14, while the Nasdaq composite climbed 0.9% to a record of 24,892.31.
Alphabet led the way and rallied 10% after the owner of Google and YouTube reported profit for the latest quarter that almost doubled analysts’ expectations. Investments in artificial intelligence “are lighting up every part of the business,” CEOFriday brought some calm to the oil market, where prices surged Thursday on worries over the potential long-term impact of the war onIran has closed the Strait of Hormuz to oil tankers, keeping them pent up in the Persian Gulf and away from customers worldwide, while a U.S. Navy blockade is preventing Iran from selling its own oil.
Traders are buying and selling contracts for different kinds of oil, going out for many months. In the most actively traded part of the market for Brent crude, for delivery in July, the price rose as high as $114.70 per barrel, fell back toward $107 and settled at $110.40 on Thursday, nearly unchanged from the day before. So far during the war, the peak price for the most actively traded Brent contract has been $119.50, which was set last month.
In a less actively traded corner of the Brent market, the price for a barrel to be delivered in June briefly went above $126 overnight before pulling back toward $114. In share trading, Caterpillar soared 9.9%, Eli Lilly jumped 9.8% and O’Reilly Automotive leaped 8.4% after all delivered profits for the latest quarter that topped analysts’ expectations.
That’s big because stock prices tend to follow the track of corporate profits over the long term.tumbled 8.7% even though the company behind Facebook and Instagram made more profit last quarter than expected. Investors focused more on its increased forecast for how much it will spend on data centers and other investments as it builds out its AI capabilities.
Doubts are still high among some investors about whether all the spending on AI will produce enough profit and productivity to make it worth it.rose 0.8% after swinging between gains and losses through the day. It blew past analysts’ expectations for earnings in the latest quarter. Based in Bangkok, Kurtenbach is the AP’s business editor for Asia, helping to improve and expand our coverage of regional economies, climate change and the transition toward carbon-free energy.
She has been covering economic, social, environmental and political trends in China, Japan and Southeast Asia throughout her career.320
Inc. Iran War Energy Markets Financial Markets Stocks And Bonds 2024-2025 Mideast Wars Oil And Gas Industry General News Finance Business Eli Lilly War And Unrest Meta Platforms Inc. 2024-2026 Mideast Wars Sundar Pichai Climate And Environment Amazon.Com Inc. Oreilly Automotive Inc. Domestic World News Business Economic Indicators Earnings Microsoft Corp. Iran Federal Reserve System World News Climate
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