US President Donald Trump visits to sign an executive order in the Oval Office of the White House in Washington, DC, March 31, 2026. Evan Vucci | Reuters Hi, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. Global markets weighed down by the US-Iran conflict continued … Read more
The stock market plunged on Monday morning after the White House announced that it might not be America’s job to reopen the Strait of Hormuz. The S&P 500 rose more than 1.5%, while the Nasdaq rose nearly 2%. In one night, a Wall Street Journal the report indicated that President Trump would be ready to … Read more
Gold (GC=F) June futures opened at $4,538.90 a troy ounce on Tuesday, down 0.4% from Monday’s closing price of $4,557.50. The price of gold rose in early trading. The price of gold continues to respond to headlines about the Iran war. The yellow metal showed some strength on Tuesday after President Trump was reportedly ready … Read more
The FTSE 100 (^ FTSE) and European stocks rose on Tuesday morning after a Wall Street Journal report that Donald Trump told his aides that he was willing to end the US military campaign against Iran, even if the Strait of Hormuz remained largely closed. The US president has assessed that the mission to open … Read more
The winners are thin on the ground now. In a case of bad timing, US President Donald Trump last week planned Easter Monday as the day he would “raise hell” if Iran’s leaders reject his latest peace plan. Iran war updates: For the latest on the Middle East conflict, read our blog. It was after … Read more
Gold (GC=F) June futures opened at $4,538.90 a troy ounce on Tuesday, down 0.4% from Monday’s closing price of $4,557.50. The price of gold rose in early trading. The price of gold continues to respond to headlines about the Iran war. The yellow metal showed some strength on Tuesday after President Trump was reportedly ready … Read more
Since the start of the war, trading in the futures markets has been difficult and, at times, chaotic. In terms of their absolute size, the trades that took place immediately before Trump’s announcement last Monday were not out of the public domain. But the number of transactions was unusually large for the time of day: … Read more
Odd things happen in markets. Last Monday, 15 minutes before Donald Trump announced that “productive talks” with Iran had taken place, oil traders placed bets of half a billion dollars on the future price of oil. Trump’s announcement caused crude oil prices to fall, and it seems that some people knew the announcement was coming, … Read more
What a difference war makes. In January, President Donald Trump boasted to G7 leaders and others at the World Economic Forum in Davos that his team had “beat” inflation in the US (1) “Grocery prices, energy prices, transportation, mortgages, rents and cars are going down, and they’re going down fast,” he said. At that time, … Read more