News

Market news: British Prime Minister arrives in Saudi Arabia.

U.S. chip stocks rose, with Intel (INTC.O) up more than 8%, Nvidia (NVDA.O) up 3.4%, and Qualcomm (QCOM.O) up more than 2%.

According to the German Bild newspaper, after the ceasefire, German Chancellor Mertz had a phone call with US President Trump on Wednesday afternoon local time.

U.S. Secretary of State Marco Rubio meets with NATO Secretary-General Mark Rutte.

Pakistan's prime minister said delegations from the United States and Iran would arrive in Pakistan on Friday.

U.S. airline stocks rose, with United Airlines up 13% and Delta Air Lines up 11%.

Exxon Mobil fell 6.8%, Chevron fell 5.2%, and Occidental Petroleum fell 9.5%.

The Dow Jones Index opened up 1,384.01 points, or 2.97%, to 47,968.47 points on April 8 (Wednesday);The S&P 500 Index opened up 169 points on April 8 (Wednesday). 88 points, an increase of 2.57%, to 6786.73 points;The Nasdaq Composite Index opened up 751.46 points, or 3.41%, to 22769.31 points on April 8 (Wednesday).

Petrobras shares fell 6.5% as oil prices fell following the ceasefire agreement.

The FCHI index surged 5.00% during the day and is now at 8304.55 points.

Traders cut bets on the European Central Bank, which expects to raise interest rates by less than 50 basis points this year.

Russian Foreign Ministry spokesperson Zakharova said it was untrue that Russian and Iranian hackers had joined forces.

Director of the International Energy Agency: Opposes to setting a cap on gasoline prices.

Director of the International Energy Agency: If the Strait of Hormuz fails to be fully reopened, Europe may still barely survive April without major problems; but in a few weeks, the situation will become much more difficult, especially the supply of diesel and aviation kerosene.

World Bank: Under a baseline scenario of a sharp but temporary rise in energy prices, economic growth in emerging market and developing economies in Europe and Central Asia will slow significantly in 2026.

World Bank: India's economic growth in the 2026/27 fiscal year is expected to be 6.6%, higher than the previous forecast of 6.3%.

World Bank: Despite the short-term benefits brought by the recent surge in oil and gas prices, Russia's economic growth is expected to slow to 0.8% in 2026.

The European banking index is now up 7.5%, on track for its biggest one-day gain since November 2020.

Iran's ambassador to the United Nations in Geneva said that due to a serious lack of trust between the two parties, Iran will treat peace negotiations with the United States cautiously while still maintaining military readiness.

Top U.S. General Kaine: The United States will continue to monitor the movements of the Iranian military.