Markets

Wall Street closed out the week on a high note Friday, with all three major indexes posting gains as investors digested SpaceX's blockbuster Nasdaq debut alongside growing optimism over a potential US-Iran peace agreement. The S&P 500 rose 0.5% to finish at 7,431.46, the Nasdaq Composite added 0.31% to close at 25,888.84, and the Dow Jones Industrial Average jumped 353.51 points, or 0.7%, to settle at 51,202.26. Goldman Sachs, Verizon, and JPMorgan led the Dow's gainers, clim

A new analysis circulating on Wall Street this week is putting fresh scrutiny on just how concentrated the stock market's gains have become. According to figures cited by the Wall Street Journal, the ten largest companies in the S&P 500 now represent nearly 40% of the index's total value — and every single one of them has a direct connection to artificial intelligence. The finding underscores a theme that strategists have been flagging for months: the broad market's performan

Oil prices fell again on Friday, with crude slipping roughly 2% to trade near $85 a barrel as growing confidence in an imminent US-Iran peace deal continued to ease fears of a prolonged disruption to Middle East energy supplies. The decline builds on weeks of gradual easing in crude prices since the most acute phase of the conflict, and AAA data shows the relief is now reaching consumers directly: average US gasoline prices have fallen approximately 40 cents per gallon compar