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Trump says Iran’s president asked for ceasefire, but U.S. wants Hormuz Strait open first
President Donald Trump on Wednesday said Iran’s president has asked the U.S. for a ceasefire. But the U.S. will “consider” the offer only once the Strait of Hormuz is “open, free, and clear,” Trump said on Truth Social. “Until then, we are blasting Iran into oblivion or, as they say, back to the Stone Ages!!!” […]
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The stock market rebound, Nike’s recovery questions, ‘Project Hail Mary’ and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. It’s also April Fools’ Day, so be wary of those too-good-to-be-true company announcements today. Stock futures are rising this morning. The three major indexes staged a big rally yesterday, ending their tough month and quarter on a high note. Here […]
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Stocks making the biggest moves premarket: Nike, RH, Sandisk & more
Check out the companies making the biggest moves premarket: Nike — The athletic apparel stock slumped 10% after its North American revenue came in at $5.03 billion, while analysts surveyed by LSEG had expected $5.04 billion. However, Nike posted fiscal third-quarter earnings of 35 cents per share and $11.28 billion in revenue. That exceeded the […]
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Treasury yields fall as Iran peace hopes fuel relief rally
Treasury yields fell on Wednesday as the prospect of a resolution to the Iran conflict lifted investor sentiment. The yield on the 10-year Treasury fell more than 2 basis points to 4.285%. The 2-year yield dropped more than 3 basis points to 3.762%, while the 30-year Treasury yield was down less than a basis point at 4.886%. One basis […]
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Oil supply crunch will worsen in April, IEA warns as it weighs releasing more strategic reserves
International Energy Agency (IEA) Executive Director Fatih Birol gives a press conference in Brussels on March 6, 2026. Nicolas Tucat | Afp | Getty Images The coming month will see an intensification of the oil supply glut that has driven prices sharply higher since the start of the Iran war, according to the head of […]
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Trump says he’s considering pulling U.S. out of ‘paper tiger’ NATO
U.S. President Donald Trump is reportedly considering pulling the U.S. out of NATO, in the latest threat to America’s allies after their reluctance to help reopen the Strait of Hormuz. In an interview with The Telegraph newspaper, the president described the 77-year-old defensive alliance as a “paper tiger” and, when asked if he would reconsider […]
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Europe stocks set for strong rebound as Trump says Iran war will end in weeks
FILE PHOTO: Bull and bear symbols for successful and bad trading are seen in front of the German stock exchange (Deutsche Boerse) in Frankfurt, Germany, February 12, 2019. Kai Pfaffenbach | Reuters Shares listed in Europe are set to kick off the new trading month with a strong rebound, after notching their worst month since […]
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Large Japanese companies are more optimistic despite Iran conflict, but analysts say this may not last
The Shibuya pedestrian intersection in Tokyo, Japan. Marco Bottigelli | Moment | Getty Images Large Japanese manufacturers indicated their highest level of business optimism in over four years, despite uncertainties brought about from the Iran war. That’s according to the Bank of Japan’s quarterly Tankan survey, a closely-watched poll that measures business sentiment among domestic […]
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Oil extends gains after record monthly rally as Trump signals Iran war exit amid energy disruptions
Smoke emanates from smokestacks from an oil refinery in Linden, New Jersey, on March 18, 2026. Kena Betancur | AFP | Getty Images Crude prices extended gains during Asia trading as escalating attacks in the Persian Gulf and U.S. President Donald Trump’s signals on exiting the Iran conflict even as the Strait of Hormuz remains […]
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CNBC Daily Open: Markets rally as Trump signals Iran war could end soon
U.S. President Donald Trump attends to sign an executive order in the Oval Office of the White House in Washington, D.C., March 31, 2026. Evan Vucci | Reuters Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. The global markets rollercoaster resulting from the U.S. war […]
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