#wall-street-sentiment

#wall-street-sentiment

The sharp decline in oil prices following the announcement played a key role in lifting sentiment. Lower energy costs could help ease inflation pressures and support both consumer demand and corporate margins.

The move reflects a noticeable increase in market caution as investors begin to reprice rising macroeconomic risks. According to data from The Street, around 68% of stocks in the market declined in the latest session, while only about 28% advanced. This suggests that selling pressure was not limited to a few sectors but rather spread across the broader market, reflecting a state of broad risk-off selling.

Markets were also bruised as a planned €220bn tie-up between mining giants Glencore and Rio Tinto was shelved. The pair have had a long-running, on-off engagement that has seen them try to tie the knot before. "Many wondered whether it might be third time lucky when Rio Tinto and Glencore got back around the table to discuss a deal which would have created the world's biggest mining company - but today it emerged it was not to be,"

Futures are exploding higher, as President Trump chose not to 'end civilization in Iran' and agreed to a two-week pause on attacks on Iran.