Markets Jitter After Trump Pauses Iran Strike as Oil Swings
Trump said he would delay a planned attack on Iran, sending Brent crude between roughly $107 and $112.10 and driving volatile moves in stocks and global bond yields.
Epoch TimesHow Major US Stock Indexes Fared May 18
BBC NewsOil price slumps as Trump says he called off Iran attacks
ABC NewsOil prices keep swinging, and so do stocks worldwide
Washington TimesOil prices keep swinging up and down, and so do stocks worldwide
The GuardianOil prices rise and bonds wobble as Iran war stokes inflation fears
Overview
President Donald Trump said he would hold off a planned military attack on Iran scheduled for Tuesday at the request of Gulf states, and he said serious negotiations were taking place.
Oil swung sharply, with Brent crude trading between roughly $107 and $112.10 per barrel and dipping below $110 after Trump announced the pause as markets tracked prospects for reopening the Strait of Hormuz.
Global bond markets wobbled on inflation fears, with the 10-year U.S. Treasury yield spiking to about 4.63% and Japan's 10-year yield reaching about 2.8%, pressuring borrowing costs worldwide.
U.S. equity indexes moved unevenly: the S&P 500 ended down 0.1% at 7,403.05, the Dow rose 159.95 points to 49,686.12, and the Nasdaq fell 134.41 points to 26,090.73.
Investors watched corporate and policy events this week, including Nvidia's quarterly report due Wednesday and reports that Trump may meet his top national security advisers on Tuesday to consider options.
Analysis
Center-leaning sources present this coverage neutrally, focusing on market data and balanced causal explanations. They link oil and stock moves to concrete events (uncertainty over the Iran war, the Strait of Hormuz closure, a UAE drone strike) and to macro drivers like rising bond yields and inflation, using factual examples without loaded language.