Global Markets Show Mixed Trends Amid Tech Earnings, Yen Intervention, and Oil Concerns

Published: 2026-05-01T11:45:00Z
Category: finance
Source: Financial Post (Bloomberg News)
Original source

US equity futures, including the S&P 500 and Nasdaq, remained stable after reaching new highs, primarily supported by strong earnings reports from major technology companies. The Japanese yen saw a recovery following actions taken by Japanese authorities to bolster its value. Concurrently, oil prices maintained their upward trend for a second consecutive week, driven by ongoing concerns regarding the closure of the Strait of Hormuz due to the naval blockade of Iranian ports.

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