{"id":4781,"date":"2026-05-11T15:17:10","date_gmt":"2026-05-11T15:17:10","guid":{"rendered":"https:\/\/tradertideinsights.com\/?p=4781"},"modified":"2026-05-11T15:17:10","modified_gmt":"2026-05-11T15:17:10","slug":"dow-slips-56-points-as-iran-tensions-lift-oil-prices-hit-airlines","status":"publish","type":"post","link":"https:\/\/tradertideinsights.com\/?p=4781","title":{"rendered":"Dow slips 56 points as Iran tensions lift oil prices, hit airlines"},"content":{"rendered":"
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Wall Street\u2019s main indexes opened muted on Monday after a record-setting rally last week, as renewed concerns over stalled US-Iran negotiations pushed oil prices higher and weighed on investor sentiment.<\/p>\n

The Dow Jones Industrial Average slipped 56 points, or 0.11%, while the S&P 500 and the Nasdaq Composite also edged down 0.02% and 0.17%, respectively.<\/p>\n

The cautious tone followed strong gains in the previous week, when the S&P 500 and Nasdaq Composite each recorded their sixth consecutive week of advances, the longest winning streak for both indices since 2024. <\/p>\n

The Dow Jones Industrial Average rose 0.2% during the week, marking gains in five of the last six weeks.<\/p>\n

Markets had rallied after a stronger-than-expected US jobs report showed the economy added 115,000 jobs in April<\/a>, above economists\u2019 expectations of 55,000 jobs. <\/p>\n

Both the S&P 500 and Nasdaq closed Friday\u2019s session at record highs.<\/p>\n

Oil prices jump as Iran tensions escalate<\/h2>\n

Investor sentiment turned more cautious after US President Donald Trump rejected Iran\u2019s latest proposal aimed at ending the ongoing conflict.<\/p>\n

Iran\u2019s counterproposal reportedly focused on ending the war across all fronts and lifting sanctions on Tehran. <\/p>\n

Trump responded on Truth Social, calling the proposal \u201cTOTALLY UNACCEPTABLE!\u201d<\/p>\n

The comments renewed fears that the conflict, now in its 10th week, could continue disrupting shipping activity through the Strait of Hormuz, a key global energy trade route.<\/p>\n

Oil prices moved sharply higher following the developments. <\/p>\n

US West Texas Intermediate crude futures rose around 2% to above $97 per barrel, while Brent crude climbed more than 2% to above $103 per barrel. <\/p>\n

The rise in oil prices pressured airline stocks, as investors worried about the impact of higher fuel costs on profit margins. <\/p>\n

Shares of Southwest Airlines, Delta Air Lines, Alaska Air, and United Airlines declined between 1.2% and 2.9%.<\/p>\n

Inflation data and Trump-Xi meeting in focus<\/h2>\n

Investors are now turning their attention to key economic data due later this week, particularly the April consumer price index and producer price index reports.<\/p>\n

The inflation readings are expected to provide insight into how rising energy prices and geopolitical tensions are affecting the broader economy. <\/p>\n

Market participants will also monitor monthly retail sales data for signs of consumer resilience.<\/p>\n

In addition to economic indicators, investors are closely watching a planned meeting between Trump and Chinese President Xi Jinping later this week. <\/p>\n

The leaders are expected to discuss Iran, Taiwan, artificial intelligence, nuclear weapons, and a possible extension of a critical minerals agreement.<\/p>\n

The developments come as the first-quarter earnings season begins to slow after stronger-than-expected corporate results, particularly from technology companies, helped lift markets to fresh highs.<\/p>\n

Corporate movers draw attention<\/h2>\n

Among individual stocks, fertiliser producer Mosaic fell 3.2% in trading after withdrawing its annual phosphate production forecast.<\/p>\n

Fox Corp gained 3.4% after reporting third-quarter revenue that exceeded Wall Street estimates.<\/p>\n

Intel shares rose 2.17%, extending gains after surging 14% on Friday following reports of a preliminary chipmaking agreement with Apple<\/a>.<\/p>\n

Investors are also awaiting upcoming earnings from major companies, including Cisco and Applied Materials, this week, while Nvidia and Walmart are scheduled to report later in the month. <\/p>\n<\/p>\n

The post Dow slips 56 points as Iran tensions lift oil prices, hit airlines<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Wall Street\u2019s main indexes opened muted on Monday after a record-setting rally last week, as renewed concerns over stalled US-Iran negotiations pushed oil prices higher and weighed on investor sentiment.The Dow Jones Industrial Average slipped 56 points, or 0.11%, while the S&P 500 and the Nasdaq Composite also edged down 0.02% and 0.17%, respectively.The cautious…<\/p>\n","protected":false},"author":1,"featured_media":4782,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-4781","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock"],"_links":{"self":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/4781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4781"}],"version-history":[{"count":0,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/4781\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/media\/4782"}],"wp:attachment":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}