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Friday, May 29, 2026

American Market Recap: Iran's Baghaei: No agreement has been finalised with the United States so far

Friday, 29 May, 2026

News

Iran's Baghaei: No agreement has been finalised with the United States so far

No agreement has been finalised with the United States so far The management of the Strait of Hormuz must be decided by Iran and Oman At this stage, we are focused on ending the war; we are not negoti

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Central Banks

Fed's Daly says she doesn't see mass unemployment or displacement from AI

I don't see mass unemployment or displacement from AI Barriers to getting sustained productivity growth from AI are largely regulatory I see green shoots for productivity growth from AI There's a lot

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News

Blockade lift announcement by Trump seen as first step toward broader US-Iran agreement

Al Jazeera reporter, Ali Hashem, posted on X : "A highly informed source tells me that Trump's post on the "Truth Social" platform regarding lifting the siege was actually the first condition before m

News

Iran's Fars News says Iranian sources deny Trump's latest comments

Fars News Telegram link here From Fars News Telegram channel: Informed sources have rejected recent claims by US President Donald Trump regarding a possible agreement with Iran, describing his stateme

News

Trump: The US naval blockade will now be lifted

Iran must agree that they will never have a Nuclear Weapon or Bomb The Hormuz Strait must be immediately open, no tolls, for unrestricted shipping traffic, in both directions All water mines, if any,

Stock market update

Tech sector surges while communication services face downturn

Sector Overview Today's stock market heatmap reveals a divergent performance across sectors, with notable strength in technology and pronounced weakness in communication services. 📈 Technology: Lead

News

Trump administration wants autos under USMCA to be at least 50% made in the US - WSJ

Full report here The Trump administration is preparing a proposal that would significantly tighten automotive sourcing requirements under the US-Mexico-Canada Agreement (USMCA), potentially requiring

News

Major US stock indices extend gains to new record highs on US-Iran deal optimism

S&P 500 +0.44% Nasdaq Composite +0.58% The latest catalyst for the push into new all-time highs was yesterday's Axios report saying that US and Iranian negotiators have reached an agreement on a 6

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Central Banks

Fed's Paulson says healthy for markets to shift to tighter monetary policy outlook

Inflation pressures are weighing on the economy Firms are having a hard time planning for the future Monetary policy is appropriately positioned at mildly restrictive levels Inflation is too high, and

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