Shares in Asia were set to see opening gains on Tuesday as the U.S. earnings season kicks into high gear.
Australia's ASX 200, which was closed on Monday for a holiday, was also set to see opening gains. SPI futures were at 6,270.0, as compared to the ASX 200's last close at 6,259.80. More than 140 S&P 500 companies are scheduled to release their quarterly results this week, including Coca Cola, Procter & Gamble, United Technologies, Verizon, Twitter, Lockheed Martin and eBay. Facebook, Microsoft and Tesla Motors are also set to report later this week.
Oil prices surged to nearly six-month highs on Monday after the Trump administration announced that all oil buyers would need to cease imports from Iran by early May.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asia stocks firm, crude hits 5-month high on Iran sanctions reportAsian stocks were steady on Monday as investors awaited the return of major fina... Iran doesn't really supply the world so using that as an excuse is just wrong. However, American producers that shut down their wells when they feel they're not getting enough money for oil, that's more a reality.
Source: Reuters - 🏆 2. / 97 Read more »
Asia stocks firm, crude hits five-month high on Iran sanctions reportAsian stocks were steady on Monday as investors awaited the return of major fina... ultimately higher prices for consumers
Source: Reuters - 🏆 2. / 97 Read more »
Markets Right Now: Stocks open lower, crude oil prices riseMARKETS: Stocks are opening mostly lower on Wall Street following a long holiday weekend, while energy stocks rose along with crude oil prices. Crude oil rose because of Trump’s actions on Iran. Expect higher gas prices
Source: ABC - 🏆 471. / 51 Read more »
Brent nears $72 amid tightening supplies; surprise draw in U.S. crude stocksOil prices rose on Wednesday, supported by concerns over tightening global suppl... Whatever, my gas hit $3.03 today! trend_bullish $XOP good play here Who's the idiot?
Source: Reuters - 🏆 2. / 97 Read more »