Oil plunges below $95 and Dow surges 1,300 in worldwide rally following ceasefire with Iran
The next moves for oil prices will depend on how many oil tankers can start exiting the Strait of Hormuz and how easy their passage is.
Stock Market
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IBJ Podcast: Pete the Planner answers, ‘Stocks are at all-time highs, so why am I terrified?’
Peter Dunn and host Mason King explore the gap between positive economic news on the macro level and the pessimism many consumers are feeling about their personal finances.
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IBJ Podcast: Pete the Planner’s advice for Gen X’s retirement dilemmas
Gen Xers who have retirement accounts have saved on average a measly $180,000, and nearly 50% of Gen Xers don’t even have a retirement plan. Among the hot topics: When’s the best time to start taking Social Security, given that it’s headed for a funding deficit in 2033?
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About to retire? Financial advisers say flexibility is key when economy is uncertain.
A surge in baby boomers nearing 65—about 4 million Americans turn 65 this year—means more people are making tough decisions about retirement. That surge is expected to continue through 2027.
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UPDATE: Lilly reports robust Q4, full-year earnings
Lilly’s fourth-quarter earnings, released before the market opened Thursday, surpassed analysts’ expectations by millions.
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Articles
Oil prices sink and stock futures jump as US and Iran agree to 2-week ceasefire
President Trump swerved to deescalate the war less than two hours before the deadline he set for Tehran to capitulate to a deal or face attacks meant to destroy Iranian “civilization.”
US stocks fall in another shaky day as oil prices keep climbing
Caution was prevalent throughout financial markets because of uncertainty about when the war with Iran could end.
Meta faces $310B market value drop on legal, AI concerns
Shares of the Facebook and Instagram parent are down 19% this month going into this week, putting them on pace for their worst performance since October 2022.
Wall Street falls to its worst drop since the Iran war as oil prices rise
The S&P 500 slumped 1.7% for its worst day since January and is back on track for a fifth straight losing week.
Stocks rally and oil sinks after Trump hints at possible end to war, even as Iran denies talks
A cautious relief swept through financial markets Monday after President Donald Trump said the United States has talked with Iran about a possible end to their war.
US stocks rebound after strong economic updates, easing of oil prices
Uncertainty about the war has sent prices in financial markets careening up and down hour by hour this week, with most taking their cues from what the price of oil is doing.
Mickey Kim: S&P 500, a core holding in ‘safe’ portfolios, is out of balance
For millions of Americans, their 401(k) or IRA is their largest financial investment, and many of those accounts are tethered to S&P 500 index funds.
Wall Street pulls back from its records as JPMorgan Chase and Delta kick off earnings season
U.S. companies are under pressure to deliver strong growth in profits to justify the runs to records their stock prices have made.
Stock market falls in light trading on final day of 2025, but enjoys another big year
All of the major U.S. stock indexes posted double-digit gains in 2025, in a market driven by both optimism and uncertainty.
Tariffs to set up US materials stocks for best earnings in 5 years
Materials stocks—a group of companies ranging from steelmaker Nucor Corp. and paint maker Sherwin-Williams Co. to packaging manufacturers including Smurfit WestRock Plc and Ball Corp.—are set to see earnings rise 20% in 2026.
Every Wall Street analyst now predicts a stock rally in 2026
After three years when the equity market’s rip-roaring run made a mockery of any bearish calls, sell-side strategists are marching in lockstep optimism for 2026.
Carmel-based OpenLane announces new stock ticker symbol
The old ticker symbol is a holdover from OpenLane’s previous name, KAR Auction Services Inc. The new symbol debuts at the open of trading Dec. 26.
Bitcoin dips below $85,000 in cryptocurrency rout
Bitcoin and companies tied to cryptocurrencies extended a nearly two-month swoon Monday, tracking with a broader market sell-off in technology companies that many see as overvalued.
Republic Airways goes public again with acquisition of Arizona-based Mesa Air Group
The Carmel-based regional airliner had been a publicly traded company until April 2017, when it emerged from Chapter 11 bankruptcy as a privately held company.
IPO market’s red-hot year has been cooled by the shutdown and more caution among investors
The S&P 500 is still up more than 12% for the year and the tech-heavy Nasdaq is up more than 15%.
Lilly joins $1 trillion club as weight-loss drugs fuel stock surge
It’s just the latest landmark for Indianapolis-based Lilly, which was catapulted into the top spot as the world’s largest health care company by market capitalization in 2023.
Bubble fears ease but investors still waiting for AI to live up to its promise
A stellar earnings report from Nvidia eased worries that the AI craze propelling the stock market and much of the economy for the past year is on the verge of a massive collapse.
Federal Reserve cuts key rate, yet Powell says future reductions are not locked in
Chair Jerome Powell said in a news conference that another rate cut in December was “not a foregone conclusion.”
Elevance shares rise after third-quarter revenue jumps 12% year-over-year
The company cited growth in its health benefits unit, which is includes individual and employer coverage, Medicare, Medicaid and federal employee program businesses.