Brisbane Times ·general ·1 hour ago

Wall Street holds records as oil prices fall five percent on ceasefire

Wall Street indexes held near record highs as oil prices fell 5.3 percent to $94.28 per barrel following a U.S.-Iran ceasefire. Airlines and cruise operators surged on prospects of lower fuel costs. Australia's ASX is forecast to drop 0.5 percent at opening. Treasury yields eased as falling crude reduced inflation pressure on bond markets.

Summary by Glance · Brisbane Times

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