Israeli strike against Iran soars oil prices

Israel launches a series of air strikes in Iran In early Friday, the rushing conflict between the two countries escalated. Israel said it targets locations related to Iran’s nuclear program. Shortly after the strike began, the country’s defense minister, Katz, declared a state of emergency. Iranian state-run media reported multiple deaths in the capital Tehran.

The strike caused oil prices to rise by more than 7% due to concerns about wider regional wars. For the same reason, the Dow Jones futures fell by more than 600 points.

At the same time, a tragedy happened overnight overnight Crashed shortly after takeoff Depart from Ahmedabad on Thursday. The accident involving 787 Dreamliners in Boeing carried 242 passengers, killing everyone except everyone on the plane. The crash killed several people on the ground, and senior state police officers told Reuters that the damage caused by the death would be higher.

Boeing’s stock fell 13% after the accident. Boeing Supplier Stocks GE Aerospace and Spirit Aerosystems were also hit, down 4% and 3% respectively.

In the long run, whether the jet will affect Boeing depends on the findings. Aviation expert and Boyd Group International President Mike Boyd said in an interview with CNBC’s “Squawk Box” that investors should not assume that this is “another biggest case.” Boeing’s 737 Max has been rooted for more than a year after two fatal accidents involving the plane.

S&P’s 500-year crawl is closer to historical heights
Thanks to the May producer price index, the main average in the United States rose overnight. S&P 500 index increases by 0.38%ending with 6,045.26. The advance payments have brought the broad market index less than 2% higher than the February record. Nasdaq Composite rose 0.24% to close at 19,662.48. Meanwhile, the Dow Jones industrial average increased by 101.85 points, or 0.24%, to settle at 42,967.62. European stock markets fell Amid negative tariff sentiment, the regional STOXX 600 index fell by 0.3%.

Rocky roads in India as an alternative to China
In the United States-China trade war, Companies are increasingly spinning towards India Because of their manufacturing needs Alternative to China Considering its huge young workforce and manufacturing incentives, such as incentive programs related to production. But many problems plague India’s path to prosperity, such as logistical bottlenecks in many regions, regulating traditional tape festivals and spot infrastructure.

The U.S. Possible Manufacturer Price Index Better to Expect
this Possible producer price indexThis is a measure of the U.S. economy’s final demand price, down 0.1% in a month after falling 0.2% in April. Economists surveyed by the Dow Jones have been expecting a 0.2% increase. A gentle reading helps improve major stock indexes, while bond yields are alleviating, suggesting that investor sentiment has improved. Earlier this week, the possible U.S. consumer inflation report was also cooler than expected.

Oracle’s profit soared after sharing
Oracle’s shares soar 13% After the company report Fourth quarter results At the top and bottom line, it indicates that cloud growth will be more in the future. CEO Safra Catz said on a conference call that cloud infrastructure revenue should grow more than 70% in fiscal 2026 due to demand for AI, which is a growth above 52% increase in the quarter. Oracle’s rally boosts the technology sector and enhances the S&P 500 index.

(PRO) Oracle may rally 70% again: Investor Victoria Greene

Victoria Greene, chief investment officer at G Squared Private Wealth, said Oracle’s stock may rally on its latest yield, but it’s still higher. Although the stock has risen 20% so far, Green believes it is not too late for investors to take action. “The train is leaving the station, but you have to jump on the stock,” she said. “For the next 12 months, I think it’s $300 stock.”

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