The S&P 500 is on track to end an eight-session winning streak as traders also await April PCE inflation data expected to hit 3.8%

(Bloomberg) -- Global stocks rose to record highs as crude oil fell after officials signaled the US was nearing a deal with Iran to reopen the Strait of Hormuz and restore oil…

The S&P 500 climbed 0.9% last week to notch its longest weekly winning streak since late 2023.

Oil Edges Higher, U.S. Futures Pare Gains as U.S.-Iran Tensions Rise

U.S. Stock markets in much of the rest of the world pulled back from their gains the day before, as fighting continued in the region and the U.S. military.

U.S. futures for the S&P 500 were down 0.1% and futures for the Dow Jones Industrial Average declined 0.1%. Changes in futures do not necessarily predict movements after the…

The S&P 500 is on track to end an eight-session winning streak as traders also await April PCE inflation data expected to hit 3.8%

Oil prices recovered some of their steep losses from earlier in the week on Thursday, while US stocks remained close to record highs as major companies continued reporting strong…