May 7, 2026

Oil Prices Rise as Investors Weigh Middle East Peace Prospects

Kuwait: Oil prices rose about $1 in early trade on Thursday, rebounding from the previous day’s sharp losses, as investors weighed the prospects of a Middle East peace deal succeeding. Brent crude futures were up 88 cents, or 0.9%, at $102.15 a barrel…

US Stock Markets Surge with Notable Gains on Wednesday

New york: Major US stock indexes closed higher on Wall Street at the close of Wednesday trading. The S and P 500 rose 1.46 percent, to close at 7,365.12. The Nasdaq Composite gained 2.03 percent, to finish at 25,838.943. The Dow Jones Industrial Avera…