Stocks and oil prices send conflicting signals amid Iran war
Updated
Updated · The New York Times · May 1
Stocks and oil prices send conflicting signals amid Iran war
9 articles · Updated · The New York Times · May 1
Oil recently reached its highest level since the war began, while the S&P 500 ended April nearly 10% above March and rose another 0.5% on Friday.
The gain made April the best month of Donald Trump's second term for stocks and put the index on course for a fifth straight week of advances.
Analysts say the divergence reflects different time horizons: stocks focus on longer-term earnings, while oil prices capture immediate fears over inflation, energy supplies and fallout after the 28 February US-Israeli attack on Iran.
Why are oil markets signaling a global crisis while stocks are celebrating a historic boom?
Can strong corporate earnings and an AI boom truly defy the recessionary impact of a major global energy shock?