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Wall Street Surges on US-Iran Peace Deal Hopes & AI Boom | AMD Jumps 19%, Super Micro Rallies
Major stock indices on Wall Street climbed on Wednesday on hopes of a potential US-Iran peace deal and enthusiasm around artificial intelligence.
Iran Rejects Trump Ceasefire Plan on Hormuz Strait, Tensions Rise Before Deadline
Iran Rejects Trump Ceasefire Plan: Iran has refused the ceasefire proposal given by US President Donald Trump, increasing tensions in the Middle East just before a strict deadline related to reopening the Strait of Hormuz.
Trump Raises Tariff Rate to 15% Just One Day After 10% Announcement | Global Trade Impact
President Donald Trump said he will increase the global 10% tariff he announced one day earlier to 15%, stirring up more economic turbulence as he lashed out at the US Supreme Court over its ruling that his preferred mechanism for applying tariffs was illegal.
ECB Warns Inflation Risks May Rise Again by 2028 тАУ What It Means for Europe
NomuraтАЩs Global Markets Research team expects Euro area HICP inflation to hover around the ECBтАЩs 2.0% target through 2027, with risks turning clearly to the upside in 2027тАУ2028. They project the ECB will keep rates unchanged until 2028, when at least two 25bp hikes may be needed to return inflation to target.