
Latest Business News
Global PMIs and US Labor Market Data Shape Busy Market Day
April 23, 2026, features preliminary April PMIs for Australia, Japan, India, and others, alongside US labor market signals and KC Fed Manufacturing Index. Investors anticipate these indicators to gauge economic resilience amid commodity volatility and rising costs.
Strong PMIs could boost demand sectors like industry and tech, while weak data may shift focus to defensives.
Trump Extends Iran Ceasefire as Talks Falter
US President Trump indefinitely extended the ceasefire with Iran to allow more negotiation time, despite no confirmation from Iran or Israel. The Strait of Hormuz remains disrupted with minimal ship traffic, sustaining market uncertainty.
Pakistan mediated but Tehran denied requesting the extension.
Oil Prices Slip Amid US-Iran Uncertainty
Brent crude fell to $98.27 and WTI to $89.39 as markets weighed the unilateral ceasefire extension and ongoing Hormuz blockade. Supply disruptions and US inventory draws of 4.5 million barrels add to volatility.
Analysts predict prices stabilize unless fighting resumes.
Key Corporate Earnings: Intel, SAP, and Digital Realty in Focus
Intel's report highlights server segment, AI infrastructure, and Foundry progress; SAP emphasizes cloud revenue and IT demand. Digital Realty signals data center trends; European firms like Nokia, Renault, and VINCI also report.
These earnings coincide with macro data for market impact.